Vestright week 2

Question 1

What is the feasibility study also known as

Answer 1

The due diligence period

Question 2

What are the sticks 6 steps of the development process

Answer 2

Feasibility study man juice application my news app submission approval process land use approval and subdivision Construction

Question 3

Land Developers have who under them?

Answer 3

Engineer, Geotechincal Engineer, Traffic Engineer, Environmental Scientist, Hazardous material inspector, Suveyor, The title company

Question 4

Civil Engineers duties

Answer 4

Prepares the initial subdivision layout in other words plotting the land

Understand and follow the code requirements

prepare a cost estimate

prepare all applications

attend all meetings stop

Advise the developer of decisions that have to be made

manic subcontractors

Question 5

Which player is the Hub of the project?

Answer 5

Engineer

Question 6

What does a layout stand for

Answer 6

A rendering of how a piece of property could potentially be subdivided or laid out

Question 7

What does a Geotechincal Engineer do?

Answer 7

Investigating understand what is beneath the ground surface to determine if the subsurface is stable enough to build homes on

Question 8

What does a Traffic

Engineer do?

Answer 8

Studies what impacts a new subdivision will have on existing Street and Roads

determines how many new trips will be added by the new subdivision

Question 9

What does Environmental Scientist do

Answer 9

Determines how much ground will be lost or natural resource area

Question 10

What is a bugger known as

Answer 10

The space between the natural resource and the lot

Question 11

Lists of Property ownership info from Title company

Answer 11

Farms

Question 12

The only way to get an accurate way to know if the property is going to possibly work for you is to do what

Answer 12

Pay for a feasibility study

Question 13

When is the earnest money paid

Answer 13

after we have done the feasibility study

Question 14

What will Engineer do in stage one of Feas Study?

Answer 14

schedule the Wetland biologist
 determine actual buildable ground
 determine lot yield
 create layout
 fine-tune layout with developer
 prepare packet for pre-application conference

Question 15

What is a pre-application conference

Answer 15

Meeting with City County planner
City County engineer 
Sanitary sewer department
 Water Department
 Fire
 Etc

Question 16

In this you will receive comments thoughts feedback on the developments purple proposed plan

Give developers a good sense of what does and doesn’t work in the proposed development plan

Answer 16

Pre Application Conference

Question 17

Stage 3 consist of what?

Answer 17

finalize the layout to another round of changes and tweaks

order a phase 1 Environmental study / soil containment testing

what are hazards materials inspection if there is an existing structure

Question 18

Stage 4 consist of what?

Answer 18

The construction cost estimate.

how much will it cost for the streets utility lines streetlights Landscaping excetera

Question 19

Once the feasibility study is done you will spend approximately how much?

Answer 19

$20K-$50K

Question 20

Feasibility studies take around how long to complete

Answer 20

90 days

Question 21

The act of a jurisdiction granting permission to a developer to move forward actually built the subdivision

Answer 21

Land Use Approval

Question 22

Land Use Application

Answer 22

A package of documents compiled by the developers engineer that will be submitted to the jurisdiction so the city or county request remove you in formal approval for the developers subdivisions proposal

Question 23

This means that they have all the proper information needed to be able to review it and possibly approve it but it does not mean it is approved

Answer 23

Deemed Complete

Question 24

Most jurisdictions by law have how many days from the time they deem the land-use application complete to review the application to decide if they’re going to approve it it’s approved the project

Answer 24

120 days

Question 25

Preliminary plat approval is also known as what

Answer 25

entitlements