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AGENDA ITEM 7 C <br />STAFF ORIGINATOR: Jeff Smyser <br />C.C. MEETING DATE: July 24, 2000 <br />TOPIC: Final Plat, Clearwater Creek 4th Addition and <br />Development Agreement <br />CITY COUNCIL ACTION: 3/5 vote <br />BACKGROUND <br />The City Council approved the preliminary plat for Clearwater Creek 3rd Addition on <br />April 12. The preliminary plat includes lots for 239 new houses and 7 existing houses, <br />for a total of 246 lots. A final plat for the first phase (3rd Addition) was approved in <br />September 1999. The 4th Addition is the next phase. The 4th Addition includes 56 lots. <br />The development agreement is ready including financial guarantees. The City Attorney <br />reviewed the title work and found it in order. The final plat substantially conforms with <br />the approved preliminary plat. <br />The preliminary plat approval in April 1999 included a number of conditions. Several of <br />the conditions merit discussion, here. One was that the project include an open space <br />management plan. Like the 3rd Addition, this will be part of the development agreement <br />for the 4th Addition and will be backed by financial guarantees. <br />Typically, staff ensures that a development agreement is complete before bringing a final <br />plat to the Council for approval. The conditions of approval on this project require that <br />the development agreement is to be reviewed by the City Council. This came from <br />questions about development agreements in general and how certain elements of this <br />project would be addressed. Since the condition was part of the approval on this project, <br />we have attached the development agreement for the 4th Addn., as we did for the 3rd <br />Addn. final plat. The agreement can be approved at the same time as the approval of the <br />final plat. <br />Another condition of approval specified limits on the number of building permits that can <br />be issued in the development on a year -by -year basis. Permits not issued one year can be <br />carried over to the next year. As shown in the tables below, the 4th Addition will carry <br />the development through year 2001. <br />Approved Phasing Plan <br />year <br />maximum annual <br />permits allowed <br />maximum <br />cumulative total <br />1999 <br />75 <br />75 <br />2000 <br />60 <br />135 <br />2001 <br />45 <br />180 <br />2002 <br />59 <br />239 <br />