Title
Bull Creek Drive Subdivision
Request for Suspension of Subdivision Plat
Libertyville Township - District 11
Staff Summary
• Bull Creek Drive Subdivision is located on the north side of Route 137, east of Bull Creek Drive.
• The subdivision consists of five residential lots developed over 6.75 acres.
• The County has drawn on the developer’s performance assurances with a total value of $269,849. None of the public improvements have begun and none of the lots in the subdivision have been sold.
• The developer is requesting that the Committee approve an agreement that will suspend the Committee’s approval of the final plat and establish conditions, including the time period by which the plat must be re-approved.
• Staff is requesting that the Committee endorse the agreement.
• If the Committee approves the agreement, it will be recorded and the cash bond on file will be released to the bank that sponsored the letter of credits.