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Agenda 03/14/2017 Item #16A1503/14/2017 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Cash Bond from Stock Construction, LLC., in the amount of $39,240 which was posted as a guaranty for Excavation Permit Number 60.106-1, PL20130002172 for work associated with the Signature Club at Lely, formerly known as Classics Cay. _____________________________________________________________________________________ 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 Cash Bond was posted as security for an Excavation Permit associated with the Signature Club PL20130002172. The As-Built lake cross sections have been received and the lakes have been inspected by staff. 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 Cash Bond in the amount of $39,240 to Stock Construction, LLC. Development Review 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 ATTACHMENT(S) 1. Location Map (PDF) 2. Cash Bond Receipt (PDF) 16.A.15 Packet Pg. 474 03/14/2017 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.15 Doc ID: 2699 Item Summary: Recommendation to authorize the Clerk of Courts to release a Cash Bond from Stock Construction, LLC in the amount of $39,240 which was posted as a guaranty for Excavation Permit Number 60.106-1, PL20130002172 for work associated with the Signature Club at Lely, formerly known as Classics Cay. Meeting Date: 03/14/2017 Prepared by: Title: Site Plans Reviewer, Senior – Growth Management Development Review Name: John Houldsworth 02/06/2017 11:12 AM Submitted by: Title: Project Manager, Principal – Growth Management Department Name: Matthew McLean 02/06/2017 11:12 AM Approved By: Review: Growth Management Department Judy Puig Level 1 Division Reviewer Completed 02/06/2017 2:28 PM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 02/07/2017 10:04 AM Growth Management Development Review Chris Scott Additional Reviewer Completed 02/08/2017 8:34 AM Growth Management Department Matthew McLean Additional Reviewer Completed 02/09/2017 9:18 AM Growth Management Department Jeanne Marcella Level 2 Division Administrator Completed 02/10/2017 9:11 AM County Attorney's Office Scott Stone Level 2 Attorney Review Completed 02/15/2017 8:19 AM Growth Management Department James French Additional Reviewer Completed 02/16/2017 7:59 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 02/17/2017 7:57 AM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 02/27/2017 2:25 PM Budget and Management Office Mark Isackson Additional Reviewer Completed 02/28/2017 4:44 PM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 03/05/2017 10:04 AM Board of County Commissioners MaryJo Brock Meeting Pending 03/14/2017 9:00 AM 16.A.15 Packet Pg. 475 &,{ E Z,0rt F- -( uoJ I-u l,&l*1 o W, fi, tr*It ,* (/r\u-sri I 'l.l )"' I I Il I -1 I I I ia ti{i t'i :i * ^+ts-. 6D' "n r- z, Hg H$ I I I i !' l{ 1, I Di t' l i : ! 16.A.15.a Packet Pg. 476 Attachment: Location Map (2699 : Bond Return Signature Club Excavation) Collier County Growth Management Division 2800 Horseshoe Drive N Naples, FL 34104 239-252-2400 RECEIPT OF PAYMENT Payment Details: Amount Paid: change / overage: Contact: FEE DETAILS: Fee Description Refundable Bonds 2014168216 2014-015335 04/08/2074 $39 ,240.00 Pavment Method Check Reference Number PL20r30002172 Amount Paid $39,240.00 Check Number 27258 $39,240.00 $0.00 STOCK CONSTRUCTION, LLC 2647 PROFESSIONAL CIR # 1201 NAPLES, FL 34119- Orioinal Fee $ 39,240.0 o Amount Paid $39 ,24O.OO GL Account 670-000000-220113 josenodar 3692 ta mibucha n Receipt Number: Transaction Number: Date Paid: Amount Due: cashier Name: Batch Number: Entered By: 16.A.15.b Packet Pg. 477 Attachment: Cash Bond Receipt (2699 : Bond Return Signature Club Excavation)