Placement: Consent Agenda
Action Requested: Motion / Vote
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Approve a Final Plat with Construction Plans for Becker Road at Riverland (P23-073)
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Submitted By: Bridget Kean, AICP, Deputy Director Planning and Zoning
Strategic Plan Link: The City's Goal of high-quality infrastructure and facilities.
Executive Summary (General Business): This application is a final plat with construction plans for Becker Road at Riverland. The application was submitted by Riverland Development Company, LLC, pursuant to the approved construction agreement between the City of Port St. Lucie and Riverland/Kennedy II, LLC. Riverland/Kennedy II, LLC, is responsible for the platting and construction of Becker Road from west of the Becker Road/ SW Community Boulevard intersection to the west side of the intersection of Becker Road and N/S B. The construction agreement between the City of Port St. Lucie and Riverland/Kennedy II, LLC, was adopted on February 14, 2022 through Resolution 22-R27.
Section 156.059 of the Subdivision Code requires a performance bond or letter of credit to guarantee installation of required infrastructure improvements associated with the approval of a final subdivision plat with construction plans. The executed construction agreement between the City of Port St. Lucie and Riverland/Kennedy II, LLC, required Riverland/Kennedy II, LLC, to provide the City with a surety bond in favor of the City representing the City's estimated cost for the construction of the Riverland Becker Road portion of the roadway. The surety bond was provided to the City. The cost estimate quantities used for the surety bond are the same as would be required for a performance bond for the final subdivision plat with construction plans. The construction agreement between the City and Riverland/Kennedy II, LLC, identifies the process for the surety bond to be reduced upon completion of construction similar to the requirements of a performance bond. Since the City alr...
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