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2 <br />The Concept Plan for this subdivision was approved on June 6, 2007. The Planning Board <br />recommended approval of the Preliminary Plat, with conditions, at its regular meeting on August <br />6, 2008 followed by the BOCC approval on September 2, 2008. Section III-D-3-e of the County's <br />Subdivision Regulations requires a Final Plat to be approved within one (1) year of the Board of <br />Commissioners' approval of a preliminary plat with administrative re-approval thereafter in <br />accordance with Section III-D-3-f. <br />Planning Board Recommendation <br />At its regular meeting of November 5, 2008, the Planning Board voted unanimously to <br />recommend approval of the modification to the approved Cabe Crossing preliminary plat. This <br />re-approval removes the 4.73 acre Tract "A" from the approved preliminary plat. (The transfer of <br />the land to the Eno River Association will occur "outside" of the plat and replaces the dedication <br />with $9,100 in payment-in-lieu-of-dedication fees.) <br />FINANCIAL IMPACT: There is no financial impact to the County with approval of this request. <br />RECOMMENDATION: The Administration recommends approval of the Preliminary Plat in <br />accordance with the . parkland dedication and plat size modifications noted and the attached <br />Resolution of Approval, subject to the $9,100 payment-in-lieu-of-dedication fee. <br />