Discussion and possible action to approve a Final Plat of Cowley Phase 3, located on Ridgeline Road and Dysart Road, and subject to stipulations. 

This is a replat of Tract ‘F’ of the Final Plat for Cowley Phase 1A which has been recorded in Book 1587 Page 39 M.C.R. on April 27, 2021. The purpose of the Final Plat is to plat a subdivision for residential use. This development is within the City’s water and sewer service area. This Final Plat creates a total of 88 new lots within the Cowley Community. All internal roadways are public and will be maintained by the City.

The preliminary plat (P19-04 Cowley Phase 3) was reviewed by the City and completed in November 2019 and no changes were made to the proposed Final Plat.

Staff recommends the approval and subsequent recordation of the attached Final Plat subject to the following stipulations:

1. All civil plans must be approved by the City of Peoria (City) prior to recordation of the Final Plat.
2. An approval of design from the Development and 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 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 Final Plat.
4. In the event that the Final Plat is not recorded within 60 days of Council approval, the 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.

No fiscal impact.