TITLE
title
Final Plat for Waterford Phase 2
body
BRIEF OVERVIEW
Waterford Phase 2 is 77 residential lots. The plat has been prepared and is ready for Board approval and signature. Phase 1 final plat and performance bond have previously been approved and the developer, Oak Hill Lands, LLC is now posting a maintenance bond in the amount of $428,122.65.
FINANCIAL IMPACT
There are no budgetary impacts associated with the recommended action.
LEGAL NOTE
The Board is authorized to act on this matter pursuant to Chapter 125, Florida Statutes.
recommendation
RECOMMENDATION
It is recommended that the Board approve the final plat for Waterford Phase 2 and accept the maintenance bond in the amount of $428,122.65.