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HomeMy WebLinkAboutA002 - Council Action Form dated May 22, 2001 ITEM DATE 05/22/01 COUNCIL ACTION FORM SUBJECT: RESOLUTION APPROVING THE FINAL PLAT FOR GRAND ASPEN SUBDIVISION. BACKGROUND: The applicant, Randall Corporation, is requesting that the Final Plat for Grand Aspen Subdivision be approved. The property in question is located north of South 16t" Street, east of the former railroad right-of-way and north of the Creekside Manufactured Home Park. The proposed Final Plat involves the creation of one (1) platted lot and one (1) outlot. The entire area of Grand Aspen Subdivision is 38.41 acres. The platted lot, which will be the site of the Ames Christian School, is 2.07 acres in size. The remaining outlot includes 36.34 acres. The property in question is zoned Residential High Density (RH). Both Lot 1 and the outlot front on a South 161" Street. Access to this property is limited on the Final Plat to two locations, because the site fronts on an arterial street. All lots meet the requirements of the Zoning Ordinance. The required public improvements for this subdivision are the paving of the outside lane on south 16" street, construction of a Cy-Ride bus stop pad and the construction of a bike path. All of these improvements are adjacent to Lot 1 of the subdivision. The developer has requested that the City install the public improvements through the use of special assessments. This means that the City becomes the financing mechanism for the public improvements. A discussion of that request is found in a separate Council Action Form and a decision on whether to grant the request for special assessments should be made prior to making a decision on the Final Plat. If it is decided that the request for Special Assessment should be denied, then approval of the Final Plat should be approved contingent upon the developer signing a Public Improvement Agreement and the filing of an acceptable form of security in the amount of $36,000. This must be accomplished in a timely manner since a Final Plat must be recorded within 30 days of approval, and no building permits can be issued until the Final Plat is recorded. The staff has reviewed this Final Plat and has determined that the plat complies with all of the requirements of the Subdivision Regulations of the City of Ames, except for the financial security for the public improvements. Staff is recommending t at the Final Plat for Grand Aspen Subdivision be approved, contingent upon receiving a Pubic Improvement Agreement and the filing of an acceptable form of security in the amount of$36,000 within 30 days. ALTERNATIVES: 1. The City Council can approve the Final Plat for Grand Aspen Subdivision and agree to Special Assessments for the Public Improvements in the amount of$36,000. 2. The City Council can approve the Final Plat for Grand Aspen Subdivision, provided that a Public Improvement Agreement is submitted and financial security in an acceptable form in the amount of$36,000 is received within 30 days. 3. The City Council can approve the Final Plat for Grand Aspen Subdivision with modifications 4. The City Council can deny approval of the Final Plat for Grand Aspen Subdivision. MANAGER'S RECOMMENDED ACTION: The Final Plat for Grand Aspen Subdivision complies with all aspects of the regulations of the City, except that a Public Improvement Agreement has not been submitted and financial security has not been provided for the additional lane on South 16th Street, the Cy-Ride transit stop pad and the bicycle path that are all adjacent to Lot 1. It is the recommendation of the City Manager that the City Council adopt Alternative #2. This will approve the Final Plat for Grand Aspen Subdivision, provided that the developer submits a PAC Improvement Agreement for the additional lane on South 16th Street, the Cy-Ride transit stop pad, and the bicycle path and financial security is received in the form of a bond, a Letter of Credit, cash, or other approved form in the amount of$36,000 within 30 days of approval. COUNCIL ACTION: Attachment 2 I FINAL PLAT °g FounO f/2'NYoer fall"cpr�r/ GRANO ASPEN in the Southeast Quarter Of the Y V' :r/reller coo I6S86. / ITYP.) 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THE LOCATION Noel+MI Or TNZ3 OISM CAN EC-MIFIFO TO ALIGN MITN ANT OTHM STFeZT •LIGHT PPOLE OLE O 501lM pF 10TN BTfEET. =-OBI GUY ANNCHM IPO ON ry e- NETER YATER VALVE m CURS 60% � j(-PgOE�kp[N4&[VE SO POLE TT h QCOa1X x-UTILITY POLE Q 0-TELEP"ONE Pm. r ryLL x-PK NAIL y SUBDIVISION BOUNDARY @t LET LINE m SECTION LICE [V s.tP.ca R.wtr...nu: STREET CENTERLINE —- -—- F-t Try 23' RIGHT OF NAY LINE O ^ / Sid•YarO e'61•StorT e'Tw Story EASEMENT LINE ----------. !l'J(-`7 u �I N►er Yard 25• BUILDING SETBACK LINE ----- - Parking eetoeck: SECTION CORNER f0'Front IRON PIN OR PIPE FOUND 6 X s• sfa•/R.x 1/2• REBAR M/ YELLOW CAP P6586 SET 0 _yJ O IA � N CAFAPPROVAL SS BK SL v JK JP To be sent to: Matt Randall Randall Corporation 420 South 17th Street Ames, Iowa 50010