Agenda - 04-16-1991 - Laserfiche WebLink

Browse Search

10 phasing plan was submitted before the previously approved time limit(s) has lapsed; and (6) the possibility of practicality of the subdivider and developer completing the development project consistent with Orange County regulations applicable if the phasing plan amendment is not granted; and (7) whether the time by which improvements must be completed or installed would not be extended by the revised phasing plan. These phasing plan provisions were not in effect when the Preliminary Plan for Phases II, III, and IV of Cornwallis Hills was approved. At that time, a preliminary plat could remain valid as long as progress on completing improvements continued and the period between completion of phases did not exceed one year. The letter of credit for Phases IIIA and IIIB was released on April 4, 1990. Under the prior provisions, the applicant has until April 4, 1991 to receive approval of the Final Plat for Phase IV. In order to obtain Final Plat approval, the improvements would have to be completed, or secured through a letter of credit or other acceptable means. The letter of credit could remain valid for 1 year, and would have to expire no later than April 4, 1992. Due to slow lot sales during the past year, the applicant has not proceeded with development of Phase IV. The applicant has requested additional time to record the last Final Plat. The preliminary plat complies with current regulations and standards. Factor (7) allows for time extensions which do not extend the date by which improvements are completed. The effect of a time extension approved under this provision would be to provide flexibility in the plat approval date, but would provide for no change in the deadline for completion of improvements. It is recommended that the deadline for Final Plat approval be extended to December 31, 1991, as requested by the applicant. The deadline for completion of improvements (or expiration date of letter of credit or other security) would not