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Agenda 04/12/2016 Item #16A24 4/12/2016 16.A.24. EXECUTIVE SUMMARY Recommendation to grant final approval of the private roadway and drainage improvements for the final plat of Copper Cove Preserve Unit 3 Application Number PL20120000116 with the roadway and drainage improvements being privately maintained,and authorizing the release of the maintenance security. OBJECTIVE: To have the Board of County Commissioners (Board) grant final approval of the improvements associated with the Copper Cove Preserve Unit 3 plat, and release the maintenance security. CONSIDERATIONS: 1) On April 23, 2013, the Growth Management Department granted preliminary acceptance of the roadway and drainage improvements in Copper Cove Preserve Unit 3. 2) The roadway and drainage improvements will be maintained by the project's homeowners association. 3) The required improvements have been constructed in accordance with the Land Development Code. The Growth Management Department has inspected the improvements and is recommending final acceptance of the improvements. 4) A resolution for final acceptance has been prepared and approved by the County Attorney's Office. The resolution is a requirement of Section 10.02.05 C.3 of the Land Development Code. A copy of the document is attached. 5) The Copper Cove RPUD, Ordinance 05-12 has been found to be in substantial compliance. FISCAL IMPACT: The roadway and drainage improvements will be maintained by the project's homeowners association. The existing security in the amount of$181,666.85 will be released upon Board approval. The original security in the amount of $823,040.35 has been reduced to the current amount based on the previous work performed and completed and pursuant to the terms of the Construction and Maintenance Agreement dated July 30, 2012. 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 RECOMMENDATION: To grant final acceptance of the roadway and drainage improvements in Copper Cove Preserve Unit 3 Application Number PL20120000116, and authorize; Packet Page -784- 4/12/2016 16.A.24. 1. The Chairman to execute the attached resolution authorizing final acceptance of the improvements. 2. The Clerk of Courts to release of the maintenance security. Prepared By: John Houldsworth, Senior Site Plans Reviewer, Development Review Division, Growth Management Department Attachments: 1) Location Map 2) Construction& Maintenance Agreement 3)Resolution Packet Page-785- 4/12/2016 16.A.24. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.24. Item Summary: Recommendation to grant final approval of the private roadway and drainage improvements for the final plat of Copper Cove Preserve Unit 3 Application Number PL20120000116 with the roadway and drainage improvements being privately maintained, and authorizing the release of the maintenance security. Meeting Date: 4/12/2016 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer, Senior,Development Review 3/3/2016 8:12:36 AM Approved By Name: McLeanMatthew Title: Project Manager,Principal,Development Review Date: 3/7/2016 11:28:13 AM Name: PuigJudy Title: Operations Analyst,Operations&Regulatory Management Date: 3/7/2016 12:50:43 PM Name: PuigJudy Title: Operations Analyst, Operations &Regulatory Management Date: 3/7/2016 12:55:30 PM Name: PuigJudy Title: Operations Analyst,Operations&Regulatory Management Date: 3/8/2016 2:11:07 PM Name: FrenchJames Title: Deputy Department Head-GMD,Growth Management Department Date: 3/10/2016 7:41:45 PM Name: MarcellaJeanne Title: Executive Secretary,Transportation Administration Packet Page -786- 4/12/2016 16.A.24. Date: 3/14/2016 10:14:58 AM Name: StoneScott Title: Assistant County Attorney,CAO Land Use/Transportation Date: 3/17/2016 8:59:45 AM Name: IsacksonMark Title: Division Director-Corp Fin&Mgmt Svc,Office of Management&Budget Date: 3/17/2016 2:46:04 PM Name: KlatzkowJeff Title: County Attorney, Date: 3/25/2016 5:19:45 PM Name: DurhamTim Title: Executive Manager of Corp Business Ops, Date: 4/1/2016 2:57:15 PM Packet Page -787- 4/12/2016 16.A.24. '—'"""N„\--:**N. f Pile( ",„r i .__ta 1a 14 13 &is py� FLORIDA couwii 1f aun SPORTS PARK N S■+ _.. . 14 RAT1LESt1KE HAMMOCK RD ciuvz e , a ES COUNTRY ct,u( L,EWY ELEMENTARY ��'�` i'� 24 19 20 23 Fr '"---"444r: , ' COWER O.R.I. LELY =OR , i 1::\ <1 HIGH SOHO!. 21 raill"TY22 kil IP 11/1P1/0 s MANOR 29 30 2a 27 2a C)WER COUN 22 11 SLFRFF's mit= RAT '"` 3a � 32 3<> ' ; 2 1 8 a O siTE ROOKY BAY 9 1 VA t T ONAL .ASTUA ', 10 It �. 12 T a RESEARCH RESRRY 11� f' � ,." to 18 10 (4 ,F 14 13 16 14 .1; ''' N. 24 • F1 r r LER'S CREED `.,,, , 19 `y 20 21 ►a 2.3 22 24 19 23 Pi it I i `C3 34 28 AMMOCK V as .-'""` 27 BAY �° fA` 11 ' ', 28 ISL ND 4PAli 111. a. , I 4 4 \\\... 1- 4 Packet Page -788- 4/12/2016 16.A.24. CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS entered into this 30 th day of July / / ,20 12 between Lennar Homes,LLC, 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 certain plat of a subdivision to be known as: Copper Cove Preserve Unit 3 B. Chapters 4 and 10 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: 1. Developer will cause to be constructed: 114,E iU &dAk Q . 3b biVt Mt*' itok )er L- 0 within 12 months from the date of approval of 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$ 823,040.35 - which amount represents 10% of the total contract cost to complete the construction plus 100%of the estimated cost 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 may call upon the subdivision performance security to insure satisfactory completion of the required improvements. 4. The required improvements shall not be considered complete until such 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 County Manager or his designee for compliance with the Collier County Land Development Code. 5. The County Manager or his designee 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, therewith specifying those conditions which the Developer must fulfill in order to obtain the County Manager's approval of the improvements. However, in no event shall the County Manager or his designee 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 County Manager or his designee. After the one year maintenance period by the Developer has terminated,the developer shall petition the County Manager or his designee to inspect the required improvements. The County Manager or his designee shall inspect the improvements and, if found to be still in compliance with the 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. Packet Page -789- 4/12/2016 16.A.24. 7. Six (6) months after the execution of this Agreement and once within every six(6) months thereafter the Developer may request the County Manager or his designee 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 County Manager or his designee. The County Manager or his designee 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 Manager or his designee may call upon the subdivision performance security to s cure satisfactory completion, repair and maintenance of the required improvements. The Board hall have the right to construct and maintain, or cause to be constructed or maintained, pursuant to 'public advertisement and receipt of acceptance of bids, the improvements required herein. The Devel•per,as principal under the subdivision performance security,shall be liable to pay and to indemnify the oard, upon completion of such construction, the final total cost to the Board thereof,including, but no imited to,engineering, legal and contingent costs,together with any damages, either direct or conseque +'al, which the Board may sustain on account of the failure of the Developer to fulfill all of the provisions o this Agreement. 9. All of the terms, covenants, d conditions herein contained are ned a e and shall be binding upon the Developer and the respective successor\nd assigns of the Developer. IN WITNESS WHEREOF, the Board and, ;+e Developer have caused this Agreement to be executed by their duly authorized representatives this 7-0f1-` �,\ day of J"I 7 / / ,20 1 L . SIGNED IN THE PRESENCE OF: (Nam4o -ntity) erma` Nocne.S t_LG Etyc i t . l_i,r.i l-«1 t_tue'iV i f5 t ;.,ukr,, By: Printed Name Qac►r\ 1.+ 1`ticMacra 1 Vice. Qt`esitter,-k- Printed Name/Title (President,VP,or CEO) (Provide Proper Evidence of Authority) Printed Name (, u 1 �r 14%. �G o l cd cvA+''v4 ATTEST. ••■• DWIGHT E. BROCK,CLERK ` , BOARD OF COUNTY COMMISSIONERS OF COLLIER ".;".&, COUNTY, FLORIDA .n BY ,. `s �`_- ,,,, L \'$1 ;� ✓tti By:____ ,-..tli:*c. GO. r Deputy Cl1 - ; .• Chairman f_' Approved as to farm and jegl sufficigricy: .' t ' fkl 1' °° . Assistant County, A torney 4 . Ak .4 a Packet Page -790- E1WEj �Y GUARANI �Y. AND. ACCEP �AN•CE C4/12/2016 16.A.24. �_ 700 NN 107 AVENUE - SUITE 240 MIAMI FLORIDA 33172 -- PHON•E ( 305') 553 -8724 IRREVOCABLE"STANDBY LETTER OF CREDIT NO:F"GAC=12067 ISSURR:- FIDELITY GUARANTY MP-ACCEPTANCE CORP.(HEREINAFTER"ISSUER") DATE OF ISSUE: AUGUST 9 2012 PLACE OF EXPIRY:- AT ISSUER'S CO I\i-TERS LOCATED AT • ' ''7O0'NW'107'AVE,SUITE 240 MTA41I,FLORIDA33172 - • DATE..OF EXPIRY,,TTBS CREDIT SHALL BE-VALID.;UNIL T AUGUST,9, 2013.:AND SHALL THEREAFTER BE AUTOMATICALLY RENEWED FQR,SUCCESSIVE. ONE-YEAR PERIODS ON THE ANNIVERSARY OF ITS ISSUE, UNLESS AT LEAST S,IXTY (60) DAYS PRIOR TO ANY SUCH ANNIVERSARY DATE,.THE ISSUER NOTIFIES THE BENEFICIARY IN WRITING BY REGISTERED MAIL,OVERNIGHT MAIL OR COURIER THAT THEISSUER ELECTS NOT-TO SO RENEW THIS CREDIT. APPLICANT: LENNAR`BOMES,LLC REINAF"I R:"DEVELOPER') 10481 SIK MILE CYPRESS:P.AR.KWAY c: FORT MYERS,FLORIDA 33966 BENEFICIARY:- BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY,FLORIDA (HEREINAFTER"BENEFICIARY ) 2$00 NORTH HORSESI OE DRIVE NAPLESS FL 34104 AMO:UNT1- -. ;AN AGGREGATE,AMOUNT OF:$823 040.35,.(1 IGHT HUNDRED TWENTY THREE THOUSAND ;.";..FORTY-AND.:35/100 US DOLLARS), RE CQPPER COVE PRESERVE__UNIT*3 CREDIT AVAILABLE WITH'. ISSUER " BY:; PAYMENT AGAINST'DOCUMENTSDETAILED HEREIN AND BENEFICIARY'S-DRAFTS AT . . SIGHT DRAW-1.0N TH EISSUER.: DOCUMENTS REQUIRED AVAILABLE BY;BENEFI(,IARY'S.D t.AF1(S)AT.SIGHt DRAWN ON;THE ISSUER. Ty AND,I?RESENTED AT PLACE OF SXPIRY ACCOI PANIEDrBY ZENEFIGIARI .S STATEMENT PURPORI:EDLY MANUALLY SIGNED AND DATED BY THE COUNTY MANAGER,CERTIFYING TEAT: .. A T)' '3EVELOPER HAS'RAILED TO•COI FETE THE SUBDIVISION•TTAPROVEMENTS'FOR COPPER'COVE PRESERVE UN:TT'•#3 ACCORDING-T -THE COPPER COVE'PRESERVE-='UNIT 3 ENGINEER'S OPINION OF PROBABLE COST FOR PLAT-BONDING-DATED_:JUL,Y. 6, 2042:PREPARED BY Q.,GRADY MINOR & ,.::.. ASSOCIA:TES,'R-A.. (THE ::ESTIMATE?'),AND,-AS':RE.QUIRED,BY COLLIER-COUNTY ORDINANCES AND RESQLUTIONS (THE-"LAND.,DEVEI QFIvIgNT,REGUI A Z•ON$')>.:(II):DEVELOPER HAS. BEEN GIVEN ..WRITTEN NOTICE DESC J,BING THE EVENT;;QR CONDITION OF;SUCH DEFAULT IN REASONABLE DETAIL BY CERTIFIED AIL,,RETURN RECEIPT REQUESTED;,AND(III)THE DEFAULT HAS NOT BEEN CURED WITHIN THE CURE PERIOD PROVIDED FOR THEREIN,IF ANY;'; I3 A FINAL INSPECTION OF THE SUBDIVISION-IMPROVEMENTS FOR COPPER COVE PRESERVE UNIT;3 A5 REQUZR.D.F3Y COLLIER COUNTY, :AND:RES,QLUT=IQNS(TIDE SAND DEV•EI,QPMENT - R.EGI A:TIONS")SATISFACTORY TO,COLLIER:COUNT,HAS NOT BEEN PI RFOR ., PRIOR TO,�'HE - DATE OF EXPIRY,AND,A SATISFACTORY ALTERNATIVE PERFORMANCE SECURITY HAS NOT;BEEN, PROVIDED TO AND ACCEPTED BY THE BENEFICIARY,'' DRAFTS) DRAWN UNDER THIS LE11ER OF CREDIT SHALL BE MARKED DRAWN UNDER FIDELITY GUARANTY AND ACCEPTANCE`•CORP. CREDIT NO.FG C-12067,'DATED AUGUST 9,2012 A_ND MUST BE ACCOMPANIED BY` THIS ` R1-GINAL LEI IER=-'.OF CREDIT' AND ALL 'SUBSEGDENT ORIGINAL AMENDMENTS,IT ANY FOR PROPER ENDORSEMENT ' Packet Page-791- 4/12/2016 16.A.24. I.OEi A !Y GUARANTY AND . AC. C'E' P T ANCE, Cjr. r . 7.00 NW 7.07 AV,ENU,E -. SUI,TE. 2 ,40 , ., ,•M_IAMI ,. FLORIDA 33772 ,PHONE .(303)553-8724 ` Y THIS IS-AN-INTEGRAL PART OF-LETTER OF CREDIT NO.FGAC-12067 PAGE 2 - THIS,LETTER OF CREDIT SETS FORTII,L UN FULL THE TERMS,OF THE ISSUER'S. DERTAKING,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 LE,11'ER Off' CREDIT RELATES,AND ANY-SUCH REFERENCE SHALL NOT BE DEEMED TO INCORPORATE HEREIN BY REFERENCE ANY DOCUMENT,INSTRUMENT OR.AGREEMENT. ' ISSUER HEREBY ENGAGES WITTY'`BENEFICIARY THAT DRAFT(S) DRAWN UNDER AND IN COMPLIANCE' WITH'-THEW TERMS AND CONDITIONS OF THIS- ;CREDIT WILL•BE' DULY HONORED BY ISSUER IF r.:.,-PRESENTED WITHIN THE 'VALIDITY,OR.-THIS,CREDIT TOGETHER WITH THE DOCUMENTS_REQUIRED • HEREIN-AT THE PLACE OF EXPIRY PRIOR TO 4::00.P.M.EST..ON OR PRIOR TO THE DATE QF EXPIRY, THIS.CREDIT,TLS,.SIJBJECT TO THE UNIFORM CUSTOMS AND PRACTICE,.FOR•DOCUMENTARY CREDITS (2007 REVISION)INTERNATIONAL CHAMBER OF CONE RCRPUBLICATION NO.60.0. FIDELITY'GUARANTY'AND`ACCEPTANCE CORP:- • • r JAG® :LI "DE;SO:tZA,•ICE.P-REsSID.ENT ..-• . • . _. ' . . • Packet Page -792- ' - - - 4/12/2016 16.A.24. Q. GRADY MINOR & ASSOCIATES, P.A. CIVIL ENGINEERS LAND SURVEYORS PLANNERS LANDSCAPE ARCHITECTS COPPER COVE PRESERVE - UNIT 3 ENGINEER'S OPINION OF PROBABLE COST FOR PLAT BONDING July 6, 2012 SCHEDULE DESCRIPTION Phase I A Earthwork $17,180.00 B Paving $332,708.50 C Wastewater Collection $195,690.00 D Potable Water Distribution $124,895.00 E Storm Drainage $77,745.00 F Landscape and Irrigation $0.00 TOTAL $748,218.50 110% of TOTAL $823,040.35 Estimated Completion Date=March 31, 2013 G:\PROJ-ENGiC\CCPH3106DP\02PPL\OPC_Unit 3 Plat Bond_2012-07-061 of 7 Packet Page -793- 4/12/2016 16.A.24. RESOLUTION NO. 16- A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA AUTHORIZING FINAL ACCEPTANCE OF CERTAIN ROADWAY AND DRAINAGE IMPROVEMENTS IN COPPER COVE PRESERVE Unit 3, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 51, PAGES 90 THROUGH 93; AND RELEASE OF THE MAINTENANCE SECURITY WHEREAS, the Board of County Commissioners of Collier County, Florida, on July 24,2012 approved the plat of Copper Cove Preserve Unit 3 for recording; and WHEREAS, the Developer has constructed and maintained the roadway and drainage improvements in accordance with the approved plans and specifications as required by the Land Development Code (Collier County Ordinance No. 04-41, as amended); and WHEREAS, the Developer is requesting final acceptance of the roadway and drainage improvements and release of his maintenance security; and WHEREAS, the Engineering and Natural Resources Division has inspected the roadway and drainage improvements, and is recommending acceptance of said facilities. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that final acceptance is hereby granted for those roadway and drainage improvements in Copper Cove Preserve Unit 3, pursuant to the plat thereof recorded in Plat Book 51, pages 90 through 93, and the Clerk is hereby authorized to release the maintenance security. c, Packet Page -794- 4/12/2016 16.A.24. BE IT FURTHER RESOLVED AND ORDERED that the roadway and drainage improvements within Copper Cove Preserve Unit 3 will be maintained privately in the future and will not be the responsibility of Collier County. This Resolution adopted after motion, second and majority vote favoring same, this day of , 2016. DATE: BOARD OF COUNTY COMMISSIONERS ATTEST: COLLIER COUNTY, FLORIDA DWIGHT E. BROCK, CLERK By: , Deputy Clerk , CHAIRMAN Approved as to form and legality: kit (1/i 063 Scott A. Stone Assistant County Attorney �p,tk Packet Page -795-