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CASE REQUEST FOR FINAL PLAT APPROVAL OF CHESTNUT HILL 4TH ADDITION; CASE OF JOHN PETERSON, GOOD VALUE HOMES, INC. By: Zoning Administrator Sylvia Frolik Background: John Peterson of Good Value Homes, Inc., is requesting final plat approval of Chestnut Hill 4th Addition, which consists of 32 single family lots. As you may recall, the City Council approved a phasing plan for Chestnut Hill in June of 1990. According to that plan, this fourth phase of Chestnut Hill was to have been the final phase. However, there were less lots platted in the second phase than originally anticipated and the revised preliminary plat of April 13, 1993 resulted in a net gain 2 lots, Therefore, the developer has expressed that a 5th phase will be necessary to complete the platting of the remaining 17 lots in Chestnut Hill. Observations: The lots meet the minimum area and dimension requirements, including Lots 3 and 4 of Block 3 which abut Ramsey Terrace Pond, a general development lake. The Developer is proposing to install the improvements (sewer, water, streets) as a private development project without the financial participation of the City. The developer will be required to establish a financial guarantee at the City to insure the completion of the improvements. In accordance with the development agreement for Chestnut Hill, the park dedication fee for this 4th Addition will consist of a cash contribution in the amount of $6,454.50 or $215.15 for each of the 30 lots originally planned for. The two lots gained by the revised preliminary plat of April 13, 1993 will be required to pay a cash contribution in an amount equal to current requirements ($620 per unit) to satisfy park dedication. The following items are enclosed for your review: a) b) c) d) e) Site location Proposed final plat City Staff review letter dated June 1, 1993 Proposed resolution Proposed development agreement e°mmendati°n: Staff recommends final plat approval of Chestnut Hill 4th Addition contingent upon: a) ipt of and review of the Sheet 1 of 2 (dedication page by the City Attorney); b) Addition of an existing 40 foot permanent drainage and utility easement between Lots 3 and 4 of Block 3; d) etiProvision of a drainage and utility easement along the northwest line of Lot 4 of Block 3 to accommodate a drainage and utility easement shown on the grading and drainage plan; d) Calculations showing the storage volume required for the anticipated storm runoff and a drainage and utility easement of sufficient area to accommodate, the construction of a sedimentation basin; e) A revision of Block 3 to eliminate deficient lot areas for Lot 5. Action: Motion to adopt Resolution g93-06- granting f'mal plat approval to Chestnut Hill 4th Addition in accordance with Staffs recommendation. CC: 06/08/93