This is a request for City Council to approve a Master Final Plat of Trilogy West Phase 3, located on Vistancia Boulevard and Lone Mountain Road, and authorize the Mayor and City Clerk to sign and record the Master Final Plat with the Maricopa County Recorder’s Office subject to the following stipulations:

1.  All civil plans must be approved by the City of Peoria prior to recordation of the Master Final Plat.

2.  An approval of design from the Development & Engineering Department for the necessary improvements in accordance with the City Subdivision Regulations, as determined by the City Engineer, must be obtained prior to recording the Master Final Plat.

3.  The developer must provide a financial assurance in the amount agreed upon by the City Engineer and an Agreement to Install for construction of the infrastructure improvements in accordance with the City Subdivision Regulations, prior to recordation of the Master Final Plat.

4.  In the event that the Master Final Plat is not recorded within 60 days of Council approval, the Master Final Plat will become void.  The developer may request re-approval from the City, with the understanding that the City has the option of imposing additional requirements or stipulations.

The purpose of the Master Final Plat is to dedicate the necessary private and public roadways and establish the overall parcel boundaries for a residential development.  As each parcel is ready to be developed, it will need to be replatted to establish the individual lots and local roadways. This development is within the City’s water/sewer service area.

There have been no previous actions.

A: The Master Final Plat has been approved through the Development and Engineering Department.  An option would be to not accept the proposed Master Final Plat; although it should be noted that not approving the Master Final Plat will prevent the Developer from developing this land.

B: The other option would be to formally approve the Master Final Plat and allow this parcel to be developed.

There is no direct budgetary impact to the City to approve the Master Final Plat.

The acceptance of this Master Final Plat by City Council will allow the developer to move forward in developing this property.