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The City will require cash in lieu of land dedication for the two (2) new lots. Lot 3 with the <br />existing house will not be charged a park dedication fee. <br />Park Dedication Fees <br />Total # of Lots = <br />2 <br />x 2025 Park Dedication Fee <br />$3,500 <br />= Total Due <br />$7,000 <br />Title Commitment <br />The City Attorney reviewed the title commitment and final plat and had no concerns. <br />Agreements <br />Stormwater Maintenance Agreement <br />A stormwater maintenance agreement is not required since a stormwater management plan is <br />not required per City Code Chapter 1010. <br />Development Agreement <br />The attached Development Agreement shall be executed. <br />Findings of Fact <br />City Code Section 1001.057 (2) details requirements that shall be met before consideration of <br />the final plat by the City Council. The attached Resolution No. 25-07 details these findings of <br />fact. <br />RECOMMENDATION <br />Staff and the Planning & Zoning Board recommend approval of the Slater Addition final plat. <br />ATTACHMENTS <br />1. Preliminary Plat <br />2. Resolution No. 25-07 <br />3. Final Plat <br />4. Resolution No. 25-08 <br />5. Development Agreement <br />3 <br />