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Plan commission extends performance periods for Southern Meadows phases 2 and 3 with inflation adjustments
Summary
Phases 2 and 3 of Southern Meadows received two-year performance extensions. Staff reported Phase 2 needs an adjusted guarantee of $117,550.28 and Phase 3 $213,312.32; both were approved with required bond submissions by 08/18/2026.
Planning staff described Phases 2 and 3 as mostly built out and recommended two-year performance extensions with inflation adjustments. For Phase 2 staff estimated the adjusted amount at $117,550.28; Phase 3’s inflation-adjusted amount was estimated at $213,312.32. Staff also noted remaining issues such as ADA crosswalk corrections and lots occupied without certificates of occupancy that the developer is addressing.
Commissioners had brief clarifying questions about connections to a planned school path and which lots were in which phase; staff pointed to the phasing maps. The commission approved the two-year extensions on a motion and second and required that updated letter-of-credit and performance-bond documents be submitted to the planning department by 08/18/2026.
