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Request for Action <br />To Item Number <br />Ma Tor and CinT Council 4.12 <br />Agenda Section Meeting Date Prepared by <br />Consent Agenda August 7, 2023 Zack Carlton, Community Development DirectoY <br />Item Description Reviewed by <br />Final Plat The Cove Cal Pormer, Ci r Administrator <br />Reviewed by <br />Action Requested <br />Adopt, byT motion, a resolution approving the final plat of The Cove, subject to the following conditions: <br />1. A Development AgYeement must be signed by the cityr and developeY prioY to Yeleasing the final plat for <br />recording. <br />2. Park Dedication be paid for the final number of dwelling units, at the applicable rate `vhen the subdivision <br />is released for recording. <br />3. A Letter of Credit shall be provided to the cittT in the amount of 100% of the costs of the public <br />improvements. <br />4. Upon completion of all improvements and acceptance byT the cit�T, a securityT or �varrant�T in a form <br />acceptable to the cityr engineeY must be secured. <br />5. A Development Plan shall be approved b�T the cit�T engineer prior to issuance of building permits. <br />6. Staff approval of all updated site and engineering plans. <br />7. A trail easement, providing access to PID 75-132-2125, shall be recoYded across the southwest coYneY of <br />Lot 5, Block 1. <br />8. All conditions included in the preliminary plat approval shall be addressed prior to releasing the plat for <br />recording. <br />9. AnyT item or condition found that indicates the site is likelyT to yTield information important to prehistoryT or <br />historyT shall be reported to the cityT immediately. Further, the cityT reserves the right to stop work <br />authorized in its approval until the site is appropriately investigated and work is authorized. <br />Background/Discussion <br />On July 17, 2023, the Cityr Council approved the pYelirnivaryr plat foY the five-lot subdivision to be plated as The <br />Cove. The applicant is now seeking final plat approval, subject to the conditions noted above. The Board of <br />Adjustments approved the required lot size variances during their Jul�r 25, 2023, regular meeting. With that <br />approval, the performance standards for the proposed lots have been satisfied. <br />Mission/Policy/Goal <br />Supports residential growth and development. <br />Attachments <br />■ Final Plat of The Cove <br />■ Resolution <br />The Elk River Vision <br />A 2a�elcolning co�nlnunity 2a�ith T evolutiona� y and spizzted T esou� cefulness, exceptional <br />se�vice, and coln�nunity engagelnent that encou�ages and ins�iz•es pTo�pe�zty. <br />PowEREo ar <br />�I'1 ���� <br />Update�l• January 2023 <br />