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5 <br />LA515\1\931888.v2 <br />and to ensure private site work, including erosion control, stormwater management and landscaping, <br />whether public or private, are completed as required by the City. <br />(1) The site improvement agreement must be executed prior to issuance of a building permit. <br />(2) Site improvement agreements shall require financial securities in the estimated amount of the <br />required site improvements to ensure the proper completion and implementation of site restoration, <br />tree preservation, public improvements, erosion controls, and other site work. <br />(3) Site improvement agreements shall require escrowed funds for engineering review, administration, <br />and inspections. <br />(4) Site improvement agreement provisions may be included within a development agreement <br />associated with a plat or subdivision, in which case, a separate site improvement agreement is not <br />required. <br /> <br /> <br /> <br />PUBLIC HEARING: <br />A notice of public hearing was published in the City’s official newspaper and held at the regular <br />meeting of the planning commission on February 6, 2024. No written comments were received <br />prior to the meeting and no comments were received at the meeting. <br /> <br />FISCAL IMPACT: <br />None. <br /> <br />OPTIONS: <br />• Recommend approval of the proposed amendments. <br />• Recommend changes to the proposed amendments. <br />• Recommend denial of the proposed amendments. <br /> <br />RECCOMENDATION: <br />The Planning Commission voted unanimously to recommend that the City Council approve the <br />amendments proposed by staff. <br /> <br />Staff recommends the City Council make the following motions to approve the amendments: <br /> <br />“Move to approve Ordinance 2024-05 amending the City’s Subdivision and Ordinances for <br />clarity” <br /> <br />“Move to approve Resolution 2024-022 approving the summary publication of Ordinance 2024- <br />05” <br /> <br />ATTACHMENTS: <br />• Ordinance 2024-05 <br />• Resolution 2024-022