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Adelaide Landing 5th Addition Final Plat and Development Agreement <br />Page 2 <br />3. BACKGROUND: <br />The City Council reviewed the preliminary plat and PUD for Adelaide Landing at its May 1, <br />2017, meeting. At its October 2, 2017, meeting the City Council approved the final plat for the <br />first phase of the development consisting of 81 residential lots. At its May 7, 2018, meeting the <br />City Council approved the final plat for Adelaide Landing 2nd Addition consisting of 70 <br />residential lots. At its January 4, 2019, meeting the City Council approved the final Plat for <br />Adelaide Landing 3rd Addition consisting of 22 residential lots. At its May 6, 2019, meeting the <br />City Council approved a PUD Amendment for the project to add 5 residential lots and to revised <br />the 70 foot wide lots to 65 foot wide lots. At its June 3, 2019, meeting the City Council approved <br />a final plat for Adelaide Landing 4th Addition that consisting of 20 residential lots. At its January <br />6, 2020, meeting the City Council approved a PUD Amendment to allows for a reduced side yard <br />setback for the 50 foot wide Villa Lots proposed on the north side of the development. This final <br />plat request will plat 79 additional lots from the Adelaide Landing preliminary plat. The lots <br />meet the minimum lot standards and requirements outlined in the regulations for the Adelaide <br />Landing PUD. <br />The park dedication requirement will be met by fee for a total of $89,112 ($1,128 per unit). The <br />park dedication fee is reduced to accommodate for a portion of the land that was dedicated for <br />the public park in the development. The developer has been meeting with the Parks Commission <br />in regards to improvements to the park. The developer has installed the parking lot that is <br />proposed with the preliminary plat and PUD. The Parks Commission made a recommendation <br />for approval of a park layout and the details of the improvements proposed by the developer. The <br />Parks Commission's CIP includes an item for park improvements in the Adelaide Landing <br />development this year. The improvements will include parking lots, playground equipment, a <br />park shelter, and other associated park elements. <br />4. RECOMMENDATION: <br />Staff recommends that the City Council approve the notice to vacate the drainage and utility <br />easement located over Outlot B, Adelaide Landing 4th Addition. <br />Staff recommends approval the resolution approving the Final Plat and Development Agreement <br />for Adelaide Landing 5th Addition. <br />ATTACHMENTS: <br />a) Location Map <br />b) Notice vacating the drainage and utility easement <br />a. Exhibit <br />c) Resolution Approving the Final Plat <br />d) Engineer's Memo dated March 11, 2020 <br />e) Draft Development Agreement <br />f) Phasing Plan dated February 21, 2019, received by the City on October 11, 2019 <br />g) Final Plat Graphics stamp dated March 2, 2020 <br />h) Landscape Plan dated January 23, 2020 <br />i) Final Plat Construction Plans <br />a. Grading: dated October 2, 2018, revised March 11, 2020 <br />