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APPLICATION '%.,'.., City of Boynton Beach Planning and Zoning Division 100 E. Boynton Beach Blvd. Boynton Beach, FL 33425-0310 August 22, 2007 Attn: Ed Breese Dear Ed, Please accept this letter as a written request for an additional time extension to our approved site plan and Development Order for Cortina. Our original site plan expiration date was September 20, 2006, we were granted a one year extension that expires September 20, 2007. K. Hovnanian Homes (fka Town and Country Homes) will not have issued a building permit by this date. Based on the ongoing decline in the housing market. K. Hovnanian Homes feels it is necessary to implement changes to the product type approved at Cortina. In order to meet the needs of the current market. we are reviewing the current site plan and will be implementing changes that we feel will assist with the marketing and selling of our homes. We are, however, creating a product mix to include live/work units, front load and rear load 3 story townhomes, and front load and rear load 2 story town homes along with changes to the amenities that are currendy proposed. We feel the product mix will create variety in price and options to welcome a variety of end users. The process of amending the site plan and revising the recorded plat is estimated to take up to (6) six months therefore we are requesting a (1) one year time extension to allow for the necessary time to revise and approve our site plan and plat. Please note to date, all land development permits for infrastructure and construction have been obtained with the exception of the Boynton Beach land development permit. . Reservation fees for Water and Sewer have been paid. K. Hovnanian Homes has contributed their prorata share to the building of the common improvements both on and off site for Boynton Village. Approximately 6.8 million dollars will have been spent by K. Hovnanian Homes for their prorated share of the Site Development Agreement for Boynton Village by the end of 2007. We are and will 1275 GATEWAY BOULEVARD, SUITE 101, BOYNTON BEACH, FL 33426 TEL: (561) 364-3300 khov.com " -2- August 22, 2007 continue to maintain the LWDD Easement on the west side of the canal in addition to maintaining the fence and windscreen. I would like to offer in advance, our appreciation for your time and approval of the requested time extension to Cortina, We look forward to continued success working with the City as we move forward. J3$&i) Stephen B. Uller Vice President of Land Development and Acquisition K. Hovnanian Homes PROJECT NAME: Cortina @ Boynton Village LOCATION: PCN: I FILE NO.: SPTE 07-010 II TYPE OF APPLICATION: I AGENT/CONTACT PERSON: OWNER: Stephen Liller ADDRESS: K. Hovnanian Homes FAX: ADDRESS: 1275 Gateway Blvd. PHONE: Suite 101 Boynton Beach, FL 33426 FAX: PHONE: 364-3300 SUBMITT AL / RESUBMITT AL 8/6/07 1 ST REVIEW COMMENTS DUE: PUBLIC NOTICE/ SIGNS 30 days /10 days 10/13/07 IPARC: TART MEETING: LEGAL AD PLANNING & DEVELOPMENT BOARD 10/23/07 MEETING: COMMUNITY REDEVELOPMENT AGENCY BOARD CITY COMMISSION MEETING: 11/20/07 COMMENTS: S:\Planning\SHARED\ WP\PROJECTS\Boynton Village-Boynton Town Center 1 \Boynton Village Cortina NWSP 05-00 I \SPTE 07-0 10\2007 PROJECT TRACKING INFO.doc