Agenda 03/14/2017 Item #16A1603/14/2017
EXECUTIVE SUMMARY
Recommendation to authorize the Clerk of Courts to release an Irrevocable Standby Letter of
Credit in the amount of $25,000 which was posted as a guaranty for Excavation Permit Number
59.365-2, PL20110002253 and PL20120001490 for work associated with Tall Oaks of Naples, Phases
3 and 4.
_____________________________________________________________________________________
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 Letter of Credit was posted as security for an
Excavation Permit associated with Tall Oaks of Naples Phases 3 and 4, PL20110002253 and
PL20120001490. 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 Letter of Credit in the amount
of $25,000. 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. Letter of Credit (PDF)
16.A.16
Packet Pg. 478
03/14/2017
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.A.16
Doc ID: 2702
Item Summary: Recommendation to authorize the Clerk of Courts to release an Irrevocable
Standby Letter of Credit in the amount of $25,000 which was posted as a guaranty for Excavation Permit
Number 59.365-2, PL20110002253 and PL20120001490 for work associated with Tall Oaks of Naples,
Phases 3 and 4.
Meeting Date: 03/14/2017
Prepared by:
Title: Site Plans Reviewer, Senior – Growth Management Development Review
Name: John Houldsworth
02/06/2017 11:57 AM
Submitted by:
Title: Project Manager, Principal – Growth Management Department
Name: Matthew McLean
02/06/2017 11:57 AM
Approved By:
Review:
Growth Management Department Judy Puig Level 1 Division Reviewer Completed 02/06/2017 2:45 PM
Growth Management Development Review Chris Scott Additional Reviewer Completed 02/08/2017 8:30 AM
Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 02/08/2017 9:44 AM
Growth Management Department Matthew McLean Additional Reviewer Completed 02/09/2017 9:29 AM
Growth Management Department Jeanne Marcella Level 2 Division Administrator Completed 02/10/2017 9:13 AM
County Attorney's Office Scott Stone Level 2 Attorney Review Completed 02/14/2017 2:26 PM
Growth Management Department James French Additional Reviewer Completed 02/16/2017 7:59 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 02/17/2017 7:57 AM
Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 02/27/2017 2:40 PM
Budget and Management Office Mark Isackson Additional Reviewer Completed 02/28/2017 4:47 PM
County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 03/05/2017 10:05 AM
Board of County Commissioners MaryJo Brock Meeting Pending 03/14/2017 9:00 AM
16.A.16
Packet Pg. 479
Price
N,T.$.
LOCATION trf,Ap
Sile
16.A.16.a
Packet Pg. 480 Attachment: Location Map (2702 : Bond Return Tall Oaks Excavation)
16.A.16.b
Packet Pg. 481 Attachment: Letter of Credit (2702 : Bond Return Tall Oaks Excavation)
16.A.16.b
Packet Pg. 482 Attachment: Letter of Credit (2702 : Bond Return Tall Oaks Excavation)