Title
Approving a Subdivision Variance to allow posting partial fiscal security for Sorento Phase 1 final plat.
Summary
The developer has proposed to post partial fiscal for the remaining public improvements as determined prior to the deadline for the next appropriate Planning and Zoning Commission meeting. If granted, the intent is to have the final plat recorded and addressed as applicable around the same time that all public improvements are accepted by the City, allowing residential lots to be developed in a shorter time frame than the current process might otherwise permit. The subdivision process currently does not address the potential for a concurrent final plat review or posting of partial fiscal when public improvements are currently being constructed. The developer has a requested a subdivision variance to this provision.
Staff Recommendation
In granting the variance, the City will retain assurance that the remaining public infrastructure can be installed. Staff recommends approval of the proposed Subdivision Variance.
Drafter
Erin Sellers, Planner II