Agenda 09/13/2016 R Item #16A18 16.A.18
09/13/2016
EXECUTIVE SUMMARY
Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of
$74,600 to the applicant, Twin Eagles Developments AGR, LLC., which was posted as a guaranty
for Excavation Permit Number 60.117, (PL20120001072) for work associated with Twin Eagles
Phase 2C,Block 111.
OBJECTIVE: To release a security which was posted as a development guaranty.
CONSIDERATIONS: The Development Review Division routinely accepts securities administratively
as guaranties for developer commitments in accordance with Section 22-115 of the Collier County Code
of Ordinances. The work associated with this security has been inspected and the developer has fulfilled
his commitments with respect to this security. The Performance Bond was posted as security for an
Excavation Permit associated with Twin Eagles Phase 2C, Block 111 (PL20120001072). The As-Built
lake cross sections have been received and the lakes have been inspected by the Development Review
Division.
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 the Performance Bond No.
K09019248 in the amount of$74,600 to the applicant, Twin Eagles Developments AGR, LLC. 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 copy(PDF)
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16.A.18
09/13/2016
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.A.18
Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond
in the amount of$74,600 to the applicant,Twin Eagles Developments AGR, LLC.,which was posted as a
guaranty for Excavation Permit Number 60.117, (PL20120001072) for work associated with Twin Eagles
Phase 2C,Block 111.
Meeting Date: 09/13/2016
Prepared by:
Title: Site Plans Reviewer, Senior—Growth Management Development Review
Name: John Houldsworth
06/23/2016 11:51 AM
Submitted by:
Title: Project Manager,Principal—Growth Management Department
Name: Matthew McLean
06/23/2016 11:51 AM
Approved By:
Review:
Growth Management Department Judy Puig Level 1 Division Reviewer Completed 06/23/2016 4:27 PM
Growth Management Department Matthew McLean Level 1 Add Division Reviewer Completed 07/22/2016 2:50 PM
Growth Management Department Judy Puig Level 2 Division Reviewer Skipped 06/23/2016 4:28 PM
Growth Management Department James French Level 2 Add Division Reviewer Completed 07/22/2016 4:55 PM
Growth Management Department Jeanne Marcella Level 2 Division Administrator Completed 08/02/2016 1:08 PM
County Attorneys Office Scott Stone Level 2 Attorney Review Completed 08/15/2016 2:56 PM
Growth Management Department Judy Puig Level 3 Division Reviewer Skipped 06/23/2016 4:28 PM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 08/15/2016 3:20 PM
County Attorneys Office Jeffrey A.Klatzkow Level 3 County Attorneys Office Review Completed 08/15/2016 4:19 PM
Budget and Management Office Mark Isackson Level 3 OMB 1st Reviewer 1-4 Completed 08/22/2016 9:02 AM
Growth Management Department Judy Puig Level 4 Division Reviewer Skipped 06/23/2016 4:28 PM
County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 08/27/2016 8:42 AM
Board of County Commissioners MaryJo Brock Meeting Pending 09/13/2016 9:00 AM
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Bond No.I(09019248
PERFORMANCE BOND
FOR EXCAVATION WORK
KNOW ALL PERSONS BY THESE PRESENTS: that
Twin Eagles Developments AGR, LLC
3185 S. Horseshoe Drive
Naples, Florida 34104
(hereinafter referred to as"Owner")and
Westchester Fire Insurance Company
11575 Great Oaks Way, Suite 200, Alpharetta, Georgia 30022
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(hereinafter referred to as "Surety") are held and firmly bound unto Collier County, Florida, (hereinafter referred to as N
"County") in the total aggregate sum of Seventy Four Thousand Six Hundred Dollars ($74,600.00) in lawful money of the aa)
United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors,
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administrators, successors and assigns, jointly and severally, firmly by these presents. Owner and Surety are used for W
singular or plural, as the context requires.
THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board a -a
certain excavation permit no. 60.117 and PL20120001072 for TwinEagles Grand Arbors Phase Two C - Block 111 and
that certain excavation permit shall include specific improvements which are required by Collier County Ordinances and
Resolutions (hereinafter"Land Development Regulations"). This obligation of the Surety shall commence on the date this
Bond is executed and shall continue until the date of completion of the work and approval by the County of the specific
improvements described in the Land Development Regulations (hereinafter the "Guaranty Period") or until replaced by a
new bond in the event of a change of Ownership.
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NOW, THEREFORE, if the Owner shall well, truly and faithfully perform its obligations and duties in accordance with
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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 0
remain in full force and effect. 0
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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 a)
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 Owner and the Surety to the full and t
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 c
any character whatsoever.
IN WITNESS WHEREOF,the parties hereto have caused this PERFORMANCE BOND to be executed this 24th day
of November, 2014, ca
WITNESSES: Twin Eagles Developments AGR, LL,C.
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ACKNOWLEDGEMENT
STATE OF fa.1F.uJ'Vpik.
COUNTY OF New Yolk_ IktoAcce, a((cc/e:s\Pict (Vrc.5iclorh. . C�+ At bi PAS u -g 1o,c,..
THE FOREGOING PERFORMANCE BONDWAS ACKNOWLEDGED BEFORE ME THIS 5-1'' DAY OF-DeCQ t
20 V(4 , BY(NAME OF'AGKNGWL BGC )AS (Til) OF (-NAME-0r COMPANY) WHO IS PERSONALLY KNOWN
TO ME, OR HAS PRODUCED AS IDENTIFICATION.
Notary Public-State of J \f ov It-
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_ _ - ' HEATHER DENNY cn
Printed Name -r Notary Public,State.of NvifYork a,
No.0i DE6251353 ca
Qualified in Queens County w
Commission Expires November 14,2015 c
Certificate Filed in New York County i-
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WITNESSES: Westchester Fire Insurance Company o
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Debbie Higginbotham w
Printed Name By: i co
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Joel Cannon
Ann Hamby Attorney-In-Fact o
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ACKNOWLEDGMENT a
STATE OF Alabama c
COUNTY OF Jefferson m
THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS 24th DAY OF November 2
20 14 , BY Joel Cannon AS Attorney-In-Fact OF Westchester Fire Insurance Company WHO IS PERSONALLY KNOWN Q
TO ME, OR HAS PRODUCED AS IDENTIFICATION.
Notary Public-State of Alabama
(SEAL)
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Traci L. Helms
Printed Name
I4-LIS-02650/7
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IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed my official seal at the City of Philadelphia'the'clayand year first above written. E
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