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CONSIDERATION OF A FINAL PLAT FOR FRANKLIN BUSINESS PARK ADDITION, SECTION 2, AND ACCEPTANCE OF PUBLIC DEDICATIONS CONTAINED THEREIN. (GENERALLY LOCATED 1,100 FEET SOUTH OF FRANKLIN ROAD (REALIGNMENT) ON THE WEST SIDE OF FLOOD AVENUE/STATE HIGHWAY NO. 77)
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BACKGROUND: This item is a final plat for Franklin Business Park Addition, Section 2, and is generally located 1,100 feet south of Franklin Road (realignment) on the west side of North Flood Avenue (State Highway No. 77).
City Council, at its meeting of July 12, 2011 adopted Ordinance No. O-1011-48, placing this property in the C-2, General Commercial District, and removing it from I-1, Light Industrial District. Also, City Council approved the preliminary plat for Franklin Business Park Addition. The City Development Committee, at its meeting of July 2, 2015, reviewed the final plat, site plan and program of improvements for Franklin Business Park Addition, Section 2 and recommended that the final plat be submitted to City Council for consideration.
The final plat consists of 6.195 acres and three (3) commercial lots.
DISCUSSION: Staff has reviewed the required construction plans for public improvements. Public improvements for this property consist of water, sanitary sewer, street paving, alley paving and sidewalk improvements.
A traffic impact fee in the amount of $2,428.74 will be required to be submitted prior to filing the final plat.
STAFF RECOMMENDATION: The final plat is consistent with the preliminary plat. Based upon the above information, staff recommends approval of the final plat, acceptance of the public dedications contained therein and authorization of the Mayor to sign the final plat subject to the submittal of a traffic impact fee in the amount of $2,428.74, subdivision bond/cash surety or the completion and acceptance of the public improvements for Franklin Business Park Addition, Section 2.