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• • <br />covenants will become valid and controlling. A copy of the Section IV covenants <br />has been provided to the City Attorney's office for review. The covenants satisfy <br />all applicable ordinance requirements. <br />• Park Land Dedication: Park land dedicated in conjunction with the Section II plat <br />satisfied ordinance requirements in effect in 1983. <br />• Street Lighting: The applicant has submitted a copy of the plat to H.L.& P. for <br />a street tight layout and cost estimate to be approved by the City once it is <br />completed. The developer will be required to pay construction cost and electrical <br />service cost for one year. These monies will be deposited with the City in an <br />escrow account until such time as construction installation is complete. This <br />payment shall be made prior to the Final Plat document being released for <br />recordation. Once complete, the City will make payment to H.L.& P. <br />• Street Signs: The City of La Porte will, at the developer's expense, install street <br />signage in the subdivision. The Public Works Department is currently preparing <br />a cost estimate for installation of signage in Sections IV-B and IV-C. Release of <br />the plats for recordation must not take place until the fees have been paid to the <br />City. <br />Conclusion <br />The Commission is at this time being asked to approve the plats of Fairmont Park East, Sections <br />IV-B and IV-C. As noted, the plats simply comprise portions of a larger plat that is already <br />approved. <br />Approving these plats will authorize the developer to proceed with construction of streets and <br />utilities. When these infrastructure improvements are completed and accepted by the City, the <br />plat, subject to the provisions noted below, may be released for recordation. <br />Based on our review, staff recommends approval of the Fairmont Park East, Sections IV-B and <br />IV-C plats with the provision that the plats not be released for recordation until fees for street <br />lighting service and street signage installation have been paid to the City. <br />Please note, Sections IV-B and IV-C should be acted upon separately and action on each should <br />note that it is being considered as both a Preliminary and Final Plat. <br />~~~~~ <br />