Discussion and possible action to approve a Final Plat for Aloravita South Parcel 3, located at the northwest corner of Yearling Road and 78th Lane intersection, and authorize the Mayor and City Clerk to sign and record the Final Plat with the Maricopa County Recorder’s Office.

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 98 new lots within the Aloravita South community.  All internal roadways will be public and will be maintained by City of Peoria.

The preliminary plat (P22-07) was reviewed and approved by the City in June 2023.  No significant 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.