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Agenda 09/13/2016 R Item #16A 8 16.A.8 09/13/2016 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond No. 09204916 in the amount of$266,000 to Toll Brothers Inc., which was posted as a development guaranty for an Early Work Authorization (EWA) (PL20160000376) for work associated with Cay of Naples at Hacienda Lakes. OBJECTIVE: To release a security which was posted as a development guaranty. CONSIDERATIONS: The Growth Management Department routinely accepts securities administratively as guaranties for early work improvements pursuant to Section 10.01.02 B of the Land Development Code (LDC). The work associated with this security has been inspected and the developer has fulfilled his commitments with respect to this security. The performance security was posted as security for clearing and site filling associated with an Early Work Authorization for Cay of Naples at Hacienda Lakes (PL20150002352). On June 28, 2016, the construction plans and plat were approved by the Board of County Commissioners (Board). Once the construction plans and plat for this project are approved, the bond is no longer required. A recent inspection confirmed that the developer has fulfilled the commitments of the EWA. FISCAL IMPACT: There is no fiscal impact associated with this Executive Summary. 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 authorize the Clerk of Courts to release Performance Bond No. 09204916 in the amount of$266,000 to Toll Brothers, Inc. Staff will issue a Memorandum to the Clerk of Courts upon approval of this item by the Board of County Commissioners, advising the Clerk of this action. Prepared by: John Houldsworth, Senior Site Plans Reviewer, Development Review Division, Growth Management Department ATTACHMENT(S) 1.Location Map (PDF) 2.Performance Bond (PDF) Packet Pg. 517 16.A.8 09/13/2016 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.8 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond No. 09204916 in the amount of $266,000 to Toll Brothers Inc., which was posted as a development guaranty for an Early Work Authorization (EWA) (PL20160000376) for work associated with Cay of Naples at Hacienda Lakes. Meeting Date: 09/13/2016 Prepared by: Title: Site Plans Reviewer, Senior—Growth Management Development Review Name: John Houldsworth 07/29/2016 10:56 AM Submitted by: Title: Project Manager,Principal—Growth Management Department Name: Matthew McLean 07/29/2016 10:56 AM Approved By: Review: Growth Management Department Judy Puig Level 1 Division Reviewer Completed 08/01/2016 2:35 PM Growth Management Department Matthew McLean Level 1 Add Division Reviewer Completed 08/02/2016 3:55 PM Growth Management Department Jeanne Marcella Level 2 Division Administrator Completed 08/08/2016 11:12 AM Growth Management Department James French Level 2 Add Division Reviewer Completed 08/15/2016 11:46 AM County Attorneys Office Scott Stone Level 2 Attorney Review Completed 08/15/2016 5:29 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 08/16/2016 8:22 AM County Attorney's Office Jeffrey A.Klatzkow Level 3 County Attorney's Office Review Completed 08/16/2016 9:39 AM Budget and Management Office Mark lsackson Level 3 OMB 1st Reviewer 1-4 Completed 08/22/2016 11:15 AM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 08/27/2016 11:48 AM Board of County Commissioners MaryJo Brock Meeting Pending 09/13/2016 9:00 AM Packet Pg. 518 16.A.8.a 9— N s I0-50-26 11-50-26 CLU: 'CTAT S ''' 1 I —L_- - -- C •'OM i ; o 73 c3 �v 15 5U-26 14-50-26 �� T 53 ill THE LORDS WA" 13-50-26 i m �; II Vis, 7 Z BETTER WAY a o 'i asU RATTLESNAKE HAMMOD RD m Q PROJECT I w 'c;J�Com`- LOCATION N �•k 4--1 JOHNS RD N. 23-5th-26 a • ti' 22-50_26 PD 24-50-26 C`'., z • -- } O 4 C4 f i u ..— SABAL PALM Di Fr/ ESD a E U VICINITY MAP a NOT TO SCALE 1 Packet Pg. 519 I6.A.8.b EARLY WORK PERFORMANCE AGREEMENT 1 THIS EARLY WORK PERFORMANCE AGREEMENT entered into this day of l,. (1t , 20 , between Toll Bros. Inc., hereinafter referred to as "Developer," and the Board of County Commissioners of Collier County, Florida, hereinafter referred to as the "Board". WHEREAS, Developer has applied for an early work authorization in accordance with the Collier County Land Development Code including but not limited to Section 10.01.02.B (collectively, the "Early Work Regulations"); and WHEREAS, the Early Work Regulations require Developer to post appropriate performance guarantees to ensure compliance with the Early Work Regulations and Early Work Authorization Permit No. PL20160000376 (the "Early Work Permit"). 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: U 1. Developer agrees to comply with the Early Work Regulations and the Early Work 0 Permit (the "Early Work"). m 2. Developer herewith tenders its early work performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $266,000.00. ti 3. In the event of default by Developer or failure of Developer to complete the Early Work within the time required by the Early Work Regulations and Early Work ° Permit, Collier County, may call upon the early work performance security to insure satisfactory completion of the Early Work. 4. The Early Work shall not be considered complete until Developer notifies the County that the Early Work is complete and the final Early Work is reviewed and a approved by the County Manager or designee for compliance with the Early Work Regulations. 5. The County Manager or designee shall, within sixty (60) days of receipt of notification by Developer in writing that the Early Work is complete, either: a) notify Developer in writing of his approval of the Early Work; or b) notify Developer in writing of his refusal to approve the Early Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County Manager's approval of the Early Work. 6. In the event Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure, the County Manager or designee may call upon the early performance security to secure satisfactory completion, repair and maintenance of the Early Work. 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 Early Work. The Developer, as principal under the early performance security, shall be liable to pay and to indemnify the Board, upon completion of such construction, the final Packet Pg. 520 1 6.A.8.b 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 Developer to fulfill all of the provisions of this Agreement. 7. All of the terms, covenants and conditions herein contained are and shall be binding upon Developer and the respective successors and assigns of Developer. IN WITNESS WHEREOF, the Board and Developer have caused this greerpent to be executed by their duly authorized representatives this ,q9--r- day of et " > 20 /( 7,7 SIGNED IN THE PRESENCE OF: TOLL BROS. INC. Sign: co 1/14n/L66114 (AAA-44kt-) Donald R Barnes, VP- Printed P-Printed Name Charlene Anderson o Printed Name/Title m Sign: (President, VP, or CEO) Provide Proper Evidence of Authority) Printe,Name, 5 S eC BOARD OF COUNTY COM ISSIONERS OF COLLIER COUNTY,F RIDA ATTEST: By: -112-1414 4\ as designee of the County Manager _a pursuant to Resolution No.2015-162 DWIGHT E. BROCK, CLERK By: Deputy Clerk Aplr ve as to form and legality: Scott A. Stone Assistant County Attorney Packet Pg. 521 16.A.8.b PERFORMANCE BOND FOR EARLY WORK AUTHORIZATIONS KNOW ALL PERSONS BY THESE PRESENTS:that Bond No.09204916 Toll Bros.Inc 250 Gibraltar Road Horsham, PA 19044 (hereinafter referred to as"Owner")and Fidelity and Deposit Company of Maryland U) 2000 Market Street Suite 100 Philadelphia,PA 19103 610-246-14600 (hereinafter referred to as "Surety")are held and firmly bound unto Collier County, Florida, (hereinafter referred to as "County") in the total aggregate sum of Two Hundred Sixty Six Thousand and 00/100 Dollars($266,000.00)in lawful money of the United States,for the payment of which sum well and truly >y to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns,jointly and w severally, firmly by these presents. Owner and Surety are used for singular or plural, as the context N ti requires. THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board a certain Early Work Authorization Permit No. PL20160000376 and that certain Early Work Authorization shall include specific improvements which are required by Collier County Ordinances and Resolutions(hereinafter"Land Development Regulations").This obligation of the Surety shall commence cEs on the date this Bond is executed and shall continue until the completion of the work and approval by the County of the specific improvements described in the Land Development Regulations, or until a. issuance of a subsequent final development order such as an Site Development Plan (SDP) or 4 Subdivision Plat and Plans (PPL) (hereinafter the "Guaranty Period")or until replaced by a new bond in the event of a change in Ownership. RS NOW,THEREFORE, if the Owner shall well, truly and faithfully perform its obligations and duties in accordance with the Land Development Regulations during the guaranty period established by the County, and the Owner shall satisfy all claims and demands incurred and shall fully indemnify and save harmless the County from and against all costs and damages which it may suffer by reason of Owner's failure to do so, and shall reimburse and repay the County all outlay and expense which the County may incur in making good any default,then this obligation shall be void,otherwise to remain in full force and effect. PROVIDED, FURTHER, that the said Surety, for value received hereby, stipulates and agrees that no change, extension of time, alteration, addition or deletion to the proposed specific improvements shall in any way affect its obligation on this Bond, and it does hereby waive notice of any such change, extension of time,alteration,addition or deletion to the proposed specific improvements. PROVIDED FURTHER, that it is expressly agreed that the Bond shall be deemed amended automatically and immediately, without formal and separate amendments hereto, so as to bind the Packet Pg. 522 . 16.A.8.b Owner and the Surety to the full and faithful performance in accordance with the Land Development Regulations. The term "Amendment", wherever used in this Bond, and whether referring to this Bond, or other documents shall include any alteration,addition or modification of any character whatsoever. IN WITNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 18TH day of MARCH / 2016 / Ir 1/� WITNESSES: (Owner i/ ari Ti e if . •• .ticToli Bros., Inc. 1 i . C,Ckrww ,_/t1'•{.4-(;Ct,{'1'1 (t ilk �Qt'Q'�' BY' / / Printed Name Printed Name/Tit e Fidelity andc/Companyilk of Maryland Tri (Provide Proper Evidence of Authority) Ti cj0(5.SI f a Tot" z Printed Name �� '.'-� ..." _ o Daniel P. Dunigan By - ."., ' /7 j .-------_...._..__ >, Attorney-in-Fact r`:.e t_: t!' c.--- r-�"�j U ACKNOWLEDGEMENT -o c 0 1 STATE OF r/0 Va-' m ea COUNTY OF P a,tVY tJ� n w THE FOREGO!J PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS DAY OF ti ��t' / a 1 , 20 ?1p , by ,D�O-NALD R FSP RHES (NAME OF ACKNOWLEDGE) AS Q (TITLE) OF !o!I SYDS. , Y1G (NAME OF a COMPANY) WHO IS PERSONALLY KNOW.JO ME, OR HAS PRODUCED 0 MI AS IDENTIFICATION. w Notary Public-State of Rout el CL, 0 ( .) ,.. ' l t k'" CHARLENE ANDERSON (/ �� MY CQMMISSIQN#E.223913 f� EXPIRES:Scyurrber 28,2OI6 P ' ed Name Charlene Anderson m E 0 R a4-a Y Packet Pg. 523 16.A.8.b ZURICH AMERICAN INSURANCE COMPANY COLONIAL AMERICAN CASUALTY AND SURETY COMPANY FIDELITY AND DEPOSIT COMPANY OF MARYLAND POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS:That the ZURICH AMERICAN INSURANCE COMPANY,a corporation of the State of New York,the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY,a corporation of the State of Maryland,and the FIDELITY AND DEPOSIT COMPANY OF MARYLAND a corporation of the State of Maryland(herein collectively called the"Companies"), by THOMAS O. MCCLELLAN, Vice President, in pursuance of authority granted by Article V, Section 8, of the By-Laws of said Companies,which are set forth on the reverse side hereof and are hereby certified to be in full force and effect on the date hereof,do hereby nominate,constitute,and appoint William F.SIMKISS,Daniel P.DUNIGAN,Brian C.BLOCK,Joseph W.KOLOK,JR.,Richard J. DECKER and James L.HAHN,all of Paoli,Pennsylvania, EACH its true and lawful agent and Attorney-in-Fact,to make,execute,seal and deliver,for,and on its behalf as surety,and as its act and deed:any and all bonds and undertakings,and the execution of such bonds or undertakings in pursuance of these presents,shall be as binding upon said Companies,as fully and amply,to all intents and purposes,as if they had been duly executed and acknowledged by the regularly elected officers of the ZURICH AMERICAN INSURANCE COMPANY at its office in New York,New York.,the regularly elected officers of the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY at its office in Owings Mills,Maryland.,and the regularly elected officers of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at its office in Owings Mills, Maryland.,in their own proper persons. O a R The said Vice President does hereby certify that the extract set forth on the reverse side hereof is a true copy of Article V,Section 8,of z w the By-Laws of said Companies,and is now in force. O IN WITNESS WHEREOF,the said Vice President has hereunto subscribed his/her names and affixed the Corporate Seals of the said coU ZURICH AMERICAN INSURANCE COMPANY, COLONIAL AMERICAN CASUALTY AND SURETY COMPANY, and cs FIDELITY AND DEPOSIT COMPANY OF MARYLAND,this 10th day of May,A.D.2012. O ATTEST: 00 Q ZURICH AMERICAN INSURANCE COMPANY �y COLONIAL AMERICAN CASUALTY AND SURETY COMPANY t! FIDELITY AND DEPOSIT COMPANY OF MARYLAND M N r w % .^"."*.**.%o Act; �t\fit; -ZS SEAL ') ` = 1 _._° C tom: O • ,Q . tree a' Is l low ff�10 A)0 O+. tsb?�2• F ati m �4 * , U ca E i 10:,, /), ii-X.A4-- -g 4. 9,f -7/6'ef. ‘t cti a. BY = Secretary Vice President a) Eric D.Barnes Thomas O.McClellan E U as w State of Maryland Q County of Baltimore On this 10th day of May,A.D.2012,before the subscriber,a Notary Public of the State of Maryland,duly commissioned and qualified,THOMAS O. MCCLELLAN,Vice President,and ERIC D.BARNES,Secretary,of the Companies,to me personally known to be the individuals and officers described in and who executed the preceding instrument,and acknowledged the execution of same,and being by me duly sworn,deposeth and saith,that he/she is the said officer of the Company aforesaid,and that the seals affixed to the preceding instrument are the Corporate Seals of said Companies,and that the said Corporate Seals and the signature as such officer were duly affixed and subscribed to the said instrument by the authority and direction of the said Corporations. IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed my Official Seal the day and year first above written. ,,,,,,,,,,,,, 111 Q.4...J. i'; '...t,Y).4 �"�c. it f.l,f.1:,A.:)`'s /� Constance A.Dunn,Notary Public My Commission Expires:July 14,2019 POA-F 156-3293A - /yj a,. Packet Pg. 524