TITLE
The Mayor and City Council shall discuss and possibly take action on approving a one (1) time six (6) month extension of final plat approval case # SUB22-17, The Maricopa 40 Final Plat. Discussion and Action.
AGENDA ITEM DESCRIPTION
This request is for an approval of a one (1) time six (6) month extension of the approved final plat for the Maricopa 40 subdivision. The project received approval from City Council on January 16, 2024. Per the city code, Sec. 17.20.060(F) of the Subdivision Code, the project was allotted 12 months from the date of approval to submit required approved Engineering Plans and Reports, Utility approval plans, and required financial assurances for public improvements (streets, sidewalks, landscaping, etc.). Due to market uncertainty caused by rising inflation and interest rates, the applicant is requesting an extension as allowed per the recently adopted code, which allows for a one (1) time, six (6) month extension of final plat approval. Refer to staff analysis report for project information from the January 16, 2024, City Council meeting and Exhibit A, a letter from the applicant requesting the extension. Discussion and Action.
PRESENTER
This item will be presented by Planning and Zoning Manager, Rick Williams.
STAFF RECOMMENDATION
Staff recommends approval of a one (1) six (6) month extension request for SUB22-17, The Maricopa 40 Final Plat, subject to the original conditions of approval stated in the staff report dated, January 16, 2024.