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HomeMy WebLinkAboutItem 05 Approval of Reserve at Lake Meadows Plat City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org STAFF REPORT Meeting Date: March 4, 2025 Item #: 5 Contact Name: Martrivus Keaton Department Director: Ginger Corless Contact Number: Ext. 1088 City Manager: Craig Shadrix Subject: Approval of Reserve at Lake Meadows Plat; Project No. LS-2024-003. (Development Engineer Keaton) Background Summary: The Reserve at Lake Meadows subdivision property is located in Commission District 1, at 2149 Lauren Beth Ave., approximately 1,130 feet south of Lake Meadow Rd., which is 2,720 feet south of the intersection of Lake Meadow Rd./Ingram Rd and Clarcona Ocoee Rd. The Reserve at Lake Meadows property is identified as Parcel ID number 04-22-28-0000-00-024. The total area of the property amounts to approximately 18.58 acres. The Final Subdivision Plan for the Reserve at Lake Meadows was approved by the City Commission on April 5, 2022, and is still under site construction for the required infrastructure. The final step in the development process is to plat the property in order to set the boundaries for all lots, rights-of-way, tracts, etc. The proposed Plat for The Reserve at Lake Meadow will create 46 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 Reserve at Lake 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 Reserve at Lake Meadows. The Developer, Park Square Enterprises LLC, has provided the City with a Letter of Credit (United Community Irrevocable Stand-By Letter of Credit Number 6000562998) in the amount of $854,134.03. Issue: Should the Honorable Mayor and City Commissioners approve and sign the Reserve at Lake Meadows Plat? Recommendations: The Development Services Department recommends the Honorable Mayor and City Commissioners approve the Reserve at Lake Meadows Plat and authorize the Mayor and City Clerk to sign the Plat. Attachments: 1. Irrevocable Stand-By Letter of Credit 2. Reserve at Lake Meadows Plat Page 44 of 251 City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org Financial Impacts: There are no financial impacts to the City in accepting this Plat. Type of Item: Consent Page 45 of 251 Page 46 of 251 Page 47 of 251 Page 48 of 251 Page 49 of 251