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Story County approves Dayton Ridge Plat 2 with financial guarantees and safety review
Summary
The Story County Board of Supervisors on Sept. 23 approved the Dayton Ridge Plat 2 final subdivision plat in Franklin Township, subject to updated maintenance and restrictive-covenant documents, an assistant county attorney–approved form of financial security, and a county-engineer review of an existing transformer near the new roadway.
The Story County Board of Supervisors on Sept. 23 approved Dayton Ridge Plat 2, the final major subdivision plat for a portion of land in Franklin Township, subject to conditions requiring (1) updated Dayton Parkway maintenance agreement and restrictive covenants, (2) an irrevocable form of financial security acceptable to the Story County Attorney’s Office, and (3) a county-engineer review of an existing transformer to identify any safety mitigations for the developer to implement.
The board’s action formalizes approval of SUB25-000003, the Dayton Ridge Plat 2 final plat, after staff reported that the applicant has already completed several road improvements and submitted financial-security documents that need revision. Planning staff said the development agreement requires an irrevocable letter of credit in the amount of $97,000 to secure remaining work and a warranty bond of…
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