HomeMy WebLinkAboutItem 05 Approval of Prairie Meadows Platlql
`` 'J
ocoee
Florida
AGENDA ITEM COVER SHEET
Meeting Date: February 16, 2021
Item # 5
Reviewed By:
Contact Name: Martrivus Keaton ,MtC Department Director: Mi e R
Contact Number: (407) 554-7109 City Manager: Robert F
Subject: Approval of Prairie Meadows Plat
Commission District #4 — George Oliver III
BACKGROUND SUMMARY:
Prairie Meadows subdivision is located in Tract "C" of the Prairie Lake PUD. The subject property is located on the
east side of N. Clarke Road and north of A.D. Mims Road, at the northeast corner of the intersection of Clarke Road
an A.D. Mims Road. Prairie Meadows is identified as parcel number 09-22-28-0000-00-062. The total area of the
Plat amounts to approximately 8.7 acres.
This Plat is required in order to create the 78 lots for the residential subdivision, associated street right-of-way, and
tracts for open space, recreation, and retention facilities. The Plat also includes easements for emergency vehicle
access, reclaim water lines, drainage, stormwater retention pond, and other public utility easements.
The Prairie Meadows subdivision is platting prior to receiving a Certificate of Completion; therefore, the developer
is required to provide a Surety covering the outstanding proposed improvements as approved in the Preliminary /
Final Subdivision Plans for Prairie Meadows. The Developer, Meritage Homes, has provided the City with a Letter
of Credit (Regions Bank Irrevocable Stand -By Letter of Credit Number 55109785) in the amount of $1,246,366.17.
ISSUE:
Should the City approve and sign the Prairie Meadows subdivision Plat?
RECOMMENDATIONS:
The Development Services Department recommends the approval of Prairie Meadows subdivision Plat by the City
Commission and to authorize the Mayor and City Clerk to sign the Plat.
ATTACHMENTS:
Prairie Meadows subdivision Plat
Regions Bank Irrevocable Stand -By Letter of Credit Number 55109785
FINANCIAL IMPACT:
There is no financial impact for approval of the Plat.
TYPE OF ITEM: (please mark with an x )
Public Hearing
Ordinance First Reading
Ordinance Second Reading
_ Resolution
X Commission Approval
Discussion & Direction
Original Document/Contract Attached for Execution by City Clerk
Original Document/Contract Held by Department for Execution
For Clerk's Dept Use:
Consent Agenda
Public Hearing
Regular Agenda
Reviewed by City Attorney N/A
Reviewed by Finance Dept. N/A
Reviewed by Q N/A
PRAIRIE MEADOWS
CITY OF OCOEE, FLORIDA LYING IN
SECTION 9, TOWNSHIP 22 SOUTH, RANGE 28 EAST, ORANGE COUNTY, FLORIDA
ZO.N north"a D.T. CE 1—A NAIL AID MSC IS TSTA-.
`JISurveying —R BISH�MAN
SHEET 1 OF 2 PLAT
BOOK PAGE
PRAIRIE MEADOWS
D E D I C A T 1 0 N
sEx 5 MAT —TACE
NC.NBEINOIME OMCA_ER IN FEE SIMPLE OF ME LANDSxDESCMBED IN ME
FC:EBOACT FM
E—E AD
AS SNO
UII£SSME "OMERMSE NOTED .IAGE AND YTOAME I—EMALNUSE OOF"ME PUBLIC
An A x Ax MssulmA ` E — --.1 11. a ME SEABDAAD S.—
I . LOT N—EIINI ttnLc; AK RAUAL uM.Ess north III III) `DI NOI-RABAl.
halt- axons. - Anaµa"riI"Y Am A. BE — A. xAlxrnl�E� BY mE —ANE LAxE —1
ON
SSDCATM
x0.E axtans ASBCOAnM DKR ALL 6 WAcrs �. B G o."txo EAx AIxEo Br ME BiAMIE tEAoaxS
�n XM,n .T M. ME LNEnDLxa, AaaEBB EASExcn " �;
ENB: Cr PIAx s CILn AS x�D.. ,Nan.
aDxDaM.ATNO As ME —MAY BE —M. A-- — — ry DIE B ° ° °n m` � T na
VICINITY MAP
NOT TD SCALE
VICINITY MAP
M. TD SCALE)
QUALIFICATION STATEMENT OF
SURVEYOR AND MAPPER
Zo� ALL MAT sAE x
TIE
l' `x vapxoEu IN
AN
rv1ES ANDMAT SAID LAND I LDCAMD
MIT NAIE
STATE OF
CD.w1Y aF�—A.
.11
INI
OF PFE ]DM BY'
JERE N..SCAMP.MWE PBESIDENT.x LAID
BNO
A'Y
ME%OF i0 BE MEIREl 11 ME �FREE ACT ANDTOEED AS"HEREUNTO gILDED`Y AUMAID ME SAID CON—CE IS THE ACT AND DEED OF SAO .111TED LIABLITY
CRIhA
CERTIFICATE OF RENEW
REIExEDY T Y SURVEYOR
MIS r s BEEN mIF TI IM MA— 17Z RMIDA
CERTIFCATE OF APPROVAL
BY CITY PLANNING DIRECTOR
ExAwxEo AND Al —
CERTIFICATE
OF APPROVAL BY
BOARD OF CITY COMMISSIONERS
cwnlmr of xuc, nwroA. BY
v arnEE a ME
CERTIFICATE OF COMPTROLLER
PRAIRIE MEADOWS
CITY OF OCOEE, FLORIDA LYING IN
SECTION 9, TOWNSHIP 22 SOUTH, RANGE 28 EAST, ORANGE COUNTY, FLORIDA
OCCEE VISTA PARKWAY
x69�� \
e Poo N \�i�.
Sr
�o, w'qrr4q
'6S�A�wq
I �
TRACT F
\xnwnoN)
I
II
I
I
I
I
I I
I I
I
as
oa rzoz o� "a8o°a v3B 10 rzaf
I
I"
I NOT INnuDED
NOT PLATTED
I 3
I
oa Pw oa as
of sP2s a3 �. �y o£m o.
Ia
e
w I cx 4onee
I
TF'
mseorz
WP
N6�s yx
DW PRO,
Pal i\
I +000
„ryl�oN3 �52
o0
I
I
N
51 "cs'es as' > -ol
o4 o.9 arz.
1
I
I I
aP ej
aP se? zss �o$0 rv>sNa oo�E
\ o
$BD'29'53'W ?$ g49 "ciRPCTsv
Bcl a P o nP
a` ry
"
:qy
II
P s<c P1o5 oP
o48G
oo°o
II
I 1
45 rve \oN�\Noo
I
044 G1Nso^�
o
I
43" 11
I
1 Ica
01vB \o
iR" cl
f� 1'
1 I cx=s: ss gyp.
11T1
$➢� ^42"as
w �rzo s^E �0 1
_ _
_ �
1S.
_ 1, o
Y 4
sea cx�15v.» -- -- -- � o oR 41 "a \o
0
CCX c
I
NOT INCLUDEDa
1 I NOT PLATIFO
c. �40"G s \o
TRPD�B
�1
avEo
12
ra D 1
\oven v
SHEET 2 OF 2
-' d-90'31']3'
a c� R--.CD'
S yoop� is=B)6.86'
P CB-545'30'12'E
x CH=]B646'
NI
`R
�' TRACT ,) 9
`
TRACT "D" s�P.ff� Ta
n ni 22
canon)
1
rcc
\ P •�.i oa-
iM aa-ra4i-oo-oa
\0
i
uKe Nol
W \
II
II
I
GRAPHIC SCALE
1
'
�A, sssa-r sz —
MONUMEDT
(No DENTFICAON)
1 \ y DR 1 R 23
s E c —sas9aER
no-oR/4 co
i 29 28
\ o y 30 31 ¢re
35�34 33o a0a rvosc<vc euv\ EM "."'ROAD
—ER
zA 38P 37 �rza <o
IN, Bc l s, .E ° � S
431YS N-R��W6 N6 '
w �/4 Iwas m 90ARD.
D e+��ao SEA
I oe sao I tRr.�TsvrzD,yR w rWeU , ,
BISHMAN m9—I--——
Li!�,� nFl�,�av /
n Surveylog [` ap lrg, Inc. a \ PDC �V 9 --- c _ _ o / AD MSWRDAD
/% °s+ep A P
R 'FLORIDA34 4 ' \ `y , / W PpNOPD ' ' ' ' eo' oA �N�•
R " E IF "AU NORIU
I \I`// 20 6� / CF1N ap pfR oR. /
32 WCPLANi SiREEi PHONE NoOIN e 40P.90588]]
w,Nir cnRocN rLOR PeP FAX oP Poz saps / /
REGIONS'
190Q.5TH.AVE NORTH; UPPER LOBBY, BIRMINGHAM, AL 35203.
S.W.I.F.T, OPNBUS44XXX
PHONE (8.66)828-6928 FAX. (205)264-0801
IRREVOCABLE STANDBY LETTER OF CREDIT NO. 55109785
DATE.: 02/01/2021
EXPIRY DATE:'01/31/2022
BENEFICIARY: .
CITY OF OCOEE
150 NORTH LAKESH ORE DRIVE
OCOEE, FL 34761
ATTN,:'CITY ENGINEER
OPENER:
MERITAGE HOMES OF FLORIDA, INC.
8800.EAST RAINTREE SUITE 300
SCOTTSDALE, AZ 85260
PROJECT NAME: PRAIRIE LAKE
AMOUNT: $1,246,366.17 (ONE MILLION TWO HUNDRED FORTY --SIX THOUSAND THREE
HUNDRED -SIXTY-SIX AND 17/100 U.S. DOLLARS)
AT THE REQUEST.AND FOR THE ACCOUNT OF MERITAGE HOMES OF FLORIDA., INC..-
("ACCOUNT PARTY"),.WE, REGIONS BANK ("ISSUER!'), HEREBY ESTABLISH OUR
IRREVOCABLE STANDBY LETTER OF CREDIT NO..55109785, IN FAVOR OF•THE.CITY
OF OCOEE, A CHARTER COUNTY AND POLITICAL SUBDIVISION OF THE STATE OF
FLORIDA (."BENEFICIARY"), AND AUTHORIZE YOU TO DRAW ON ISSUER, IN THE.
MAXIMUM AGGREGATE AMOUNT OF $1,246,366.17, (ONE MILLION TWO HUNDRED.
FORTY-SIX THOUSAND THREE HUNDRED SIXTY-SIX- AND 17/100 U.S. DOLLARS), IN.
UNITED STATES FUNDS,.WHICH IS PAYABLE AT SIGHT AGAINST PRESENTATION. OF
YOUR.DEMAND, WHEN ACCOMPANIED BY THIS LETTER OF CREDIT AND ANY OF"THE
FOLLOWING DOCUMENTS:
1:'A STATEMENT PURPORTEDLY SIGNED BY THE CITY OF OCOEE MAYOR, OR
AUTHORIZED REPRESENTATIVE READING AS FOLLOWS: "THE PERFORMANCE OF THE
ACCOUNT PARTY'S OBLIGATION HAS NOT BEEN COMPLETED YET AND THE LETTER OF
CREDIT WILL EXPIRE WITHIN 45 DAYS FROM THE DATE OF DRAWING WITHOUT BEING
EXTENDED OR REPLACED TO THE COUNTY'S SATISFACTION;" OR.
2. A STATEMENT SIGNED BY THE CITY: OF OCOEE MAYOR, -OR AUTHORIZED
REPRESENTATIVE READING AS FOLLOWS: "ISSUER HAS LOST ITS DESIGNATION AS A
"QUALIFTED.PUBLIC DEPOSITORY" PURSUANT TO FLORIDA STATUTES, :CHAPER 28'01
AND.AN ACCEPTABLE REPLACEMENT LETTER OF CREDIT HAS NOT BEEN RECEIVED. BY
THE-COUNTY'FOLLOWING NOTICE TO THE ACCOUNT PARTY;" OR .
3. A STATEMENT PURPORTEDLY SIGNED BY THE•CITY OF OCOEE MAYOR, OR -
AUTHORIZED REPRESENTATIVE READING AS FOLLOWS: "THE DRAWING IS DUE TO
ACCOUNT PARTY'.S. FAILURE TO HAVE PROPERLY PERFORMED SITE WORK AND.
LANDSCAPING IMPROVEMENTS FOR PRAIRIE LAKE (HEAEINAFTER,'THE
"IMPROVEMENTS") AND MAINTAIN SAID IMPROVEMENTS FOR A ONE'(!) YEAR PERIOD.
FOLLOWING ISSUANCE OF'A CERTIFICATE OF COMPLETION FOR SUCH IMPROVEMENTS,,
.
SPECIFICALLY, THE STATEMENT SHALL BE TO THE EFFECT• THAT : "THE MATERIALS,
Page 1 of 3
Our reference Number: 55109785
REGIONS
Page: 2
WORKMANSHIP, STRUCTURAL INTEGRITY, FUNCTIONING, AND/OR MAINTENANCE
(MAINTENANCE REQUIRED TO ENSURE PROPER OPERATION) OF THE IMPROVEMENTS
HAS.BEEN DETERMINED TO BE UNACCEPTABLE, AND SUCH CONDITIONS) HAS -NOT
BEEN CORRECTED DESPITE NOTIFICATION TO THE DEVELOPER." AND FURTHER
STATING.THE SUMS DUE AS A RESULT OF SUCH DEFAULT TO DEFRAY THE ESTIMATED .
COST O.F REPAIRS TO THE IMPROVEMENTS.
A•SUM NOt�TO EXCEED $1,246,366:17 (ONE MILLION TWO HUNDRED - FORTY-SIX
THOUSAND THREE HUNDRED SIXTY-SIX AND 17/100 U.S. DOLLARS) $HALL BE .
AVAILABLE FOR PARTIAL OR FULL DRAW BY PRESENTATION OF YOUR DEMAND AT
SIGHT IF ACCOMPANIED BY A WRITTEN STATEMENT AS.DESCRIBED IN THE
PRECEDING PARAGRAPHS.
THIS LETTER OF CREDIT SHALL BE IN FULL FORCE AND EFFECT UNTIL JANUARY -
31, 2922 AND.WILL BE AUTOMATICALLY BE EXTENDED WITHOUT. AMENDMENT FOR ONE
NINETY (90j DAY'PERIOD, UNLESS WE PROVIDE THE BENEFICIARY WITH WRITTEN_
NOTICE OF OUR INTENT TO TERMINATE THE CREDIT HEREIN EXTENDED, WHICH. .
NOTICE MUST BE PROVIDED AT LEAST THIRTY (30) DAYS PRIOR TO.THE
EXPIRATION DATE OF THE ORIGINAL TERM HEREOF OR ANY EXTENDED TERM.
DRAWS MUST BE PRESENTED NO LATER THAN MAY.1, 2022, OR ANY EXTENDED —
EXPIRATION DATE, -AND MUST BEAR THE CLAUSE: "DRAWN UNDER LETTER OF CREDIT
NO. 55109785 OF REGIONS BANK, DATED.02/01/2021".
PARTIAL AND MULTIPLE DRAWINGS ARE PERMITTED, PROVIDED, HOWEVER, THAT ANY .
PAYMENT MADE UNDER THIS LETTER OF CREDIT SHALL REDUCE THE AMOUNT.
AVAILABLE UNDER IT.
WE, THE ISSUER, HEREBY AGREE THAT ALL DRAWS PRESENTED UNDER AND'IN.
COMPLIANCE WITH THE TERMS OF THIS LETTER OF CREDIT SHALL BE DULY HONORED
UPON PRESENTATION TO REGIONS BANK, 252 OCOEE APOPKA RD, OCOEE, FL
3.476i,-.ATTENTTON BRANCH MANAGER.
THIS LETTER OF CREDIT WILL BE CONSIDERED AS CANCELLED UPON RECEIPT BY US
OF THE ORI.GINAL'LETTER OF CREDIT OR UPON ANY PRESENT OR FUTURE EXPIRY.
DATE. HEREUNDER, WHICHEVER SHALL OCCUR FIRST.
THIS LETTER OF CREDIT IS SUBJECT TO THE "INTERNATIONAL STANDBY PRACTICES
1998.(ISP98)",. (INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO.,590)
AND TO THE PROVISIONS OF FLORIDA LAW. IF A CONFLICT -BETWEEN
INTERNATIONAL, STANDBY PRACTICES (ISP98)11; AND FLORIDA LAW SHOULD -ARISE,
FLORIDA LAW SliALL PREVAIL.,
Page 2 of 3
REGIONS
Our reference Number: 5510-9785
Page:.3
IF A CONFLICT BETWEEN FL.ORIDA LAW AND THE LAW OF ANOTHER STATE OR
COUNTRY'SHALL ARISE, FLORIDA LAW SHALL PREVAIL.
VERY TRULY YOURS, ,
AUTHORIZED SIGNATURE
REGIONS BANK
AUTHORIZED SI.GNATU
REGIONS BANK