Agenda 03/22/2016 Item #16A22 3/22/2016 16.A.22.
P""N EXECUTIVE SUMMARY
This item requires that ex parte disclosure be provided by Commission members. Should a hearing
be held on this item, all participants are required to be sworn in. Recommendation to approve an
extension for completion and acceptance of required subdivision improvements associated with the
Royal Palm Golf Estates Replat #3 (AR-6774) subdivision pursuant to Section 10.02.05 C.2 of the
Collier County Land Development Code(LDC).
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OBJECTIVE: To approve an extension for the completion and acceptance of subdivision
improvements associated with the Royal Palm Golf Estates Replat #3 subdivision to August 2,
2017.
CONSIDERATIONS: On June 14, 2005, the Board of County Commissioners (Board)
approved the final plat of Royal Palm Golf Estates Replat#3 for recording. Section 10.02.05 C.2
requires that the associated required subdivision improvements must be completed within 36
months of Board, approval unless an extension is formally requested and granted by the Growth
Management Department. The plat has been recorded and the required subdivision
improvements are substantially complete. On March 27, 2014, the Engineering and Natural
Resources Division granted preliminary acceptance of the subdivision improvements. There is a
Construction and Maintenance Agreement for Subdivision Improvements and a Letter of Credit
in place as a development guaranty. The property owner has requested an extension of the
approval from August 2, 2015 through August 2, 2017. Therefore, the improvements must
receive final acceptance prior to August 2, 2017. Section 10.02.05 C.2.a allows for two, 2-year
extensions by the County Manager after the original 36 month approval period. Previous
extensions have been granted pursuant to various Senate and House Bills, as well as the LDC
provision. Since this request is beyond what is allowed by the LDC, approval by the Board is
required.
The property owner has paid all of the past fees which would have been paid for normal
extensions. All fees associated with the original approval have been paid. The developer has
been working on other projects and has not yet been able to focus on completing the remaining
improvements.
FISCAL IMPACT: The County will realize revenues as follows:
Fund: Growth Management Fund 131
Agency: County Manager
Cost Center: 138327 --Land Development Services
Revenue generated by this project: Total: $300 Extension Fee
GROWTH MANAGEMENT IMPACT: There is no growth management impact associated
with this Executive Summary.
LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and
requires a majority vote for Board approval. - SAS
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RECOMMENDATION: To approve the extension for completion and acceptance of the
required improvements associated with Royal Palm Golf Estates Replat#3 (AR-6774)to August
2,2017, subject to the recommendations of the Executive Summary of June 14,2005.
Prepared by: John Houldsworth, Senior Site Plan Reviewer, Development Review Division,
Growth Management Department
Attachments:
1. Location Map
2. Construction&Maintenance Agreement
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COLLIER COUNTY
Board of County Commissioners
Item Number: 16.16.A.16.A.22.
Item Summary: This item requires that ex parte disclosure be provided by Commission
members. Should a hearing be held on this item, all participants are required to be sworn in.
Recommendation to approve an extension for completion and acceptance of required
subdivision improvements associated with the Royal Palm Golf Estates Replat#3 (AR-6774)
subdivision pursuant to Section 10.02.05 C.2 of the Collier County Land Development Code
(LDC).
Meeting Date: 3/22/2016
Prepared By
Name: HouldsworthJohn
Title: Site Plans Reviewer, Senior,Development Review
2/3/2016 1:28:17 PM
Approved By
Name: McLeanMatthew
Title: Project Manager,Principal,Development Review
Date: 2/3/2016 4:47:09 PM
Name: FrenchJames
Title: Deputy Department Head-GMD, Growth Management Department
Date: 2/11/2016 10:16:04 AM
Name: PuigJudy
Title: Operations Analyst,Operations&Regulatory Management
Date: 2/23/2016 4:26:06 PM
Name: PuigJudy
Title: Operations Analyst, Operations&Regulatory Management
Date: 2/23/2016 4:26:44 PM
Name: StoneScott
Title:Assistant County Attorney, CAO Land Use/Transportation
Date: 2/26/2016 1:33:51 PM
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3/22/2016 16.A.22.
Name:MarcellaJeanne
Title: Executive Secretary,Transportation Administration
Date: 2/29/2016 9:24:02 AM
Name: KlatzkowJeff
Title: County Attorney,
Date: 3/1/2016 4:20:14 PM
Name: IsacksonMark
Title: Division Director-Corp Fin&Mgmt Svc, Office of Management&Budget
Date: 3/7/2016 9:55:45 AM
Name: CasalanguidaNick
Title: Deputy County Manager, County Managers Office
Date: 3/13/2016 4:03:59 PM
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it°,.A;trtiAL
CONSTRUCTION AND MAINTENANCE
AGREEMENT FOR SUBDIVISION
IMPROVEMENTS
THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION
IMPROVEMENTS entered into this 11th day of November, 2005 between NAPLES
SOUTH, LLC, a Florida Limited Liability Company; NAPLES GOLF
DEVELOPMENT, LLC, a Florida Limited Liability Company; NAPLES GOLF
CLUB SOUTH, LLC, a Florida Limited Liability Company hereinafter referred to as
"Developer," and the Board of County Commissioners of Collier County, Florida,
hereinafter referred to as the "Board."
RECITALS:
A. Developer has, simultaneously with the delivery of this Agreement, applied for the
approval by the Board of a certain plat of a subdivision to be known as:
ROYAL PALM GOLF ESTATES REPLAT#3
B. Section 10.02.04 of the Collier County Land Development Code requires the
Developer to post appropriate guarantees for the construction of the improvements
required by said subdivision regulations, said guarantees to be incorporated in a bonded
agreement for the construction of the required improvements.
NOW, THEREFORE, in consideration of the foregoing premises and mutual covenants
hereinafter set forth, Developer and the Board do hereby covenant and agree as follows:
I. Developer will cause to be constructed site improvements including roadway,water.,
sanitary, drainage, irrigation, and signage within 36 months from the date of
approval said subdivision plat, said improvements hereinafter referred to as the required
improvements.
2. Developer herewith tenders its subdivision performance security (attached hereto as
Exhibit "A" and by reference made a part hereof) in the amount of 52,148,561.25 which
amount represents 10% of the total contract cost to complete construction plus 100% of
the estimate cost of to complete the required improvements at the date of this Agreement.
3. In the event of default by the Developer or failure of the Developer to complete such
improvements within the time required by the Land Development Code, Collier County,
may call upon the subdivision performance security to insure satisfactory completion of
the required improvements.
'.,)0'_''0021 3 PLAT RECORDATION'CMA FOR SUBDIVISION IMPROVI:MFNTS AS Or 051111 DOC
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4. The required improvements shall not be considered complete until a statement of
substantial completion by Developer's engineer along with the final project records have
been furnished to be reviewed and approved by the Development Services Director for
compliance with the Collier County Land Development Code.
5. The Development Services Director shall, within sixty (60) days of receipt of the
statement of substantial completion, either: a) notify the Developer in writing of his
preliminary approval of the improvements; or b) notify the Developer in writing of his
refusal to approve improvements, therewith specifying those conditions which the
Developer must fulfill in order to obtain the Director's approval of the improvements.
However, in no event shall the Development Services Director refuse preliminary
approval of the improvements if they are in fact constructed and submitted for approval
in accordance with the requirements of this Agreement.
6. The Developer shall maintain all required improvements for a minimum period of one
year after preliminary approval by the Development Services Director. After the one year
maintenance period by the Developer has terminated, the Developer shall petition the
Development Services Director to inspect the required improvements. The Development
Services Director or his designee shall inspect the improvements and, if found to be still
in compliance with the Collier County Land Development Code as reflected by final
approval by the Board, the Board shall release the remaining 10% of the subdivision
performance security. The Developer's responsibility for maintenance of the required
improvements shall continue unless or until the Board accepts maintenance responsibility
for and by the County.
7. Six (6) months after the execution of this Agreement and once within every six (6)
months thereafter the Developer may request the Development Services Director to
reduce the dollar amount of the subdivision performance security on the basis of work
complete, Each request for a reduction in the dollar amount of the subdivision
performance security shall be accompanied by a statement of substantial completion by
the Developer's engineer together with the project records necessary for review by the
Development Services Director. The Development Services Director may grant the
request for a reduction in the amount of the subdivision performance security for the
Improvements completed as of the date of the request.
8. In the event the Developer shall fail or neglect to fulfill its obligations under this
Agreement, upon certification of such failure, the County Administrator may call upon
the subdivision performance security to secure satisfactory completion, repair and
maintenance of the required improvements. The Board shall have the right to construct
and maintain, or cause to be constructed or maintained, pursuant to public advertisement
and receipt and acceptance of bids, the improvements required herein. The Developer, as
principal under the subdivision performance security, shall be liable to pay and to
2002\2002133\PLA1'RECORDATION\CMA FOR SUBDIVISION IMPROVEMENTS AS OF 051111 DOC
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indemnify the Board, upon completion of such construction, the final total cost to the ■--.
Board thereof, including, but not limited to, engineering, legal and contingent costs,
together with any damages, either direct or consequential, which the Board may sustain
on account of the failure of the Developer to fulfill all of the provisions of this
Agreement.
9. All of the terms, covenants and conditions herein contained are and shall be binding
upon the Developer and the respective successors and assigns of the Developer.
IN WITNESS WHEREOF, the Board and the Developer have caused this Agreement to
be executed by their duly authorized representatives this 1/ day of November, 2005.
SIGNED, SEALED AND DELIVERED IN THE PRESENCE NAPLES SOUTH,/ LC,a Florida Limited Liability Company
OF:
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By: Naples Sou . L t a Florida Limited Liability Company,
as its Manager
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Packet Page -1012-
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TransCapital IRREVOCABLE STANDBY LETTER OF CREDIT NO.91022.
Bank
ISSUER: Transcapital Bank 2100 E Hallandale Beach Blvd Hallandale Bch,Fl 33009(BERINAI-t'ER"Issuer").
PLACE OF EXPIRY: At Issuer's counters.
DATE OF EXPIRY: This Credit shall be valid until 10/20!06,and shall
one-
year periods on the anniversary of its issue unless at least sixty thereafter be automatically renewed for successive one-
Beneficiary in writing by registered mail that the Issuer elects�(60)days anniversary dates,t Issuer notifies the
APPLICANT: Naples Golf Club South,LLC,Naples Golf Development,LLC&Naples Golf Club South,LLC h ereina
"Applicant")7100 W Camino Real#402,Boca Raton,F133433 {h Pier
BENEFICIARY: The Board of County Commissioners,Collier Co
N l 'Florida "Beneficiary'")c/o Engineering
Review Services,2800 North Horseshoe Dri
� ap es,Florida 34104
AMOUNT:$2,148,561.25 (U.S.)up to an aggregate thereof.
CREDIT AVAILABLE WITH:Issuer.
BY: Payment against documents detailed herein and Beneficiary's drafts at sight drawn on the Issuer.
DOCUMENTS REQUIRED: AVAILABLE BY BENEFICIARY'S DRAFTS)AT SIGHT DRAWN ON THE ISSUER AND
ACCOMPANIED BY BENEFICIARY'S STATEMENT PURPORTEDLY SIGNED BY THE COUNTY MANAGER,
CERTIFYING THAT:Naples Golf Club South,LLC,Naples Golf Development,LLC&Naples Golf Club South,LLC has
failed to construct and/or maintain the improvements associated with that certain plat of a subdivision known as Naples South,
LLC,Naples Golf Development,LLC&Naples Golf Club South,LLC or a final
not been performed prior to the date of inspection satisfactory to Collier County has
formally accepted by the Benefiiciary. ,and satisfactory alternative performance security been provided to and
DRAFT(S)DRAWN UNDER THIS LETTER OF CREDIT MUST BE MARKED: "Drawn under T
00-0033,dated October 20,2005. The original letter of credit and all amendments, nmscapital Bank Credit No
endorsement. dmeaL,if any.must be presented for proper
This letter of Credit sets forth in full the terms of the Issuer's undertaking and such undertaking shall not in any way be modified,
amended,or amplified by reference to any document,instrument,or agreement referenced to herein or in which this letter of credit
relates,and any such reference shall not be deemed to incorporate herein by reference any document,instrument or agreement,
Issuer hereby engages with Beneficiary that draft(s)drawn under and compliance with the terms of this credit will be duly honored
by Issuer if presented within the validity of this credit.
This credit is subject to the Uniform Customs and Practice for Documentary Credits(1993 Revision)International Chamber of
Commerce Publication No.500.
Transco Bank
By --'"..._
William E.I-limes,
Executive Vice President
Packet Page -1013-
3/22/2016 16.A.22.
•
TransCapital
Bank
This is an Addendum to the Irrevocable Standby Letter of Credit No. 00-0033.
DOCUMENTS REQUIRED_ AVAILABLE BY BENEFICIARY'S DRAFT(S) AT SIGHT DRAWN OF
THE ISSUER AND ACCOMPANIED BY BENEFICIARY'S STATEMENT PURPORTEDLY SIGNED
BY THE COUNTY MANAGER, CERTIFYING THAT: Naples Golf Club South, LLC, Naples Golf
Development, LLC '& Naples Golf Club South, LLC has failed to construct and/or maintain the
improvements associated with that certain plat of a subdivision known as ROYAL PALM GOLF
ESTATES REPLAT#3 or a final inspection satisfactory to Collier County has not been performed prior to
the date of expiry,and satisfactory alternative performance security has not been provided to and formally
accepted by the Beneficiary.
Transcapital Bank
By:
William E. Himes,
Executive Vice President
Packet Page -1014-
3/22/2016 16.A.22.
TraitsCa ita
IRREVOCABLE STANDBY LETTER OF CREDIT NO-00-{}033
Bank
ISSUER:Transcapital Bank 2100 E Hallandale Beach Blvd Hallandale Bch,Fl 33009(HEREINAFTER"Issuer")
PLACE OF EXPIRY: At Issuer's counters.
DATE OF EXPIRY: This Credit shall be valid until 10/20/11,and shall thereafter be automatically renew for successive one
year periods on the anniversary of its issue at least sixty(60)days prior to any such dates,the Issuer notifies the Beneficiary
in writing by registered mail that the Issuer elects not to do so renew this Credit.
APPLICANT: Naples Golf Club South,LLC,Naples Golf Development,LLC&Naples Club South,LLC(hereinafter
"Applicant") 7100 W Canino Real#402,Boca Raton,Fl 33433
/BENEFICIARY: The Board of County Commissioners,Collier County,Florida(hereinafter"Beneficiary")do En ineerin
Review Services,2800 North Horseshoe Drive,Naples,Florida 34104 g g
AMOUNT: $374,130.95(U.S.)up to an aggregate thereof.
CREDIT AVAILABLE WITH: Issuer.
BY: Payment against documents detailed herein and Beneficiary's drafts at sight drawn on the Issuer.
DOCUMENT REQUIRED: AVAILABLE BY BENEFICIARY'S DRAFT(S)AT SIGHT DRAWN ON THE ISSUER
AND ACCOMPANIED BY BEBEFFIICARY'S STATEMENT PURPORTEDLY SIGNED BY THE COUNTY
MANAGER,CERTIFYING THAT: Naples Golf Club South,LLC,Naples Golf Development,LLC&Naples Club
South,LLC has failed top construct and/or maintain the improvements associated with that certain plat of a subdivision
known as Naples Golf Club South,LLC,Naples Golf Development,LLC&Naples Club South,LLC or a final
inspection satisfactory to Collier County has not been performed prior to the date of expiry,and satisfactory alternative
performed security has not been provided to and formally accepted by the Beneficiary.
DRAFT(S)DRAWN UNDER THIS LETETR OF CREDIT MUST BE MARKED: "Drawn under Transcapital Bank Credit
No.00-0033,dated October 20,2005.The original letter of credit and all documents,if any,must be presented for proper
endorsement.
This letter of Credit sets forth in full the terms of the Issuer's undertaking and such undertaking shall not in any way be
modified,amended,or amplified by reference to any document,instrument,or agreement referenced to herein or in which
this letter of credit relates,and any such reference shall not be deemed to incorporate herein by reference any document,
instrument or agreement.
Issuer hereby engages with Beneficiary that draft(s)drawn under and compliance with terms of this letter of credit will be
duly honored by Issuer if presented within the validity of credit.
This credit is subject to the Uniform Customs and Practice for Documentary Credits(1993 Revision)International Chamber
of Commerce Publication No.500.
Trauscapit t ank
William E.Himes,President&CEO
1Alr� Packet Page -1015-