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Agenda 10/10/2017 Item #16A 910/10/2017 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $245,829.60 which was posted as a guaranty for Excavation Permit Number 60.080 -9, PL20160000520 for work associated with Isles of Collier Preserve, Phase 8. OBJECTIVE: To release a security which posted as a development guaranty. CONSIDERATIONS: The Development Review Division routinely accepts securities administratively as guarantees 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 concerning this security. The Performance Bond was posted as security for an Excavation Permit associated with Isles of Collier Preserve, Phase 8, PL20160000515. 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 action. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this action. 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 in the amount of $245,829.60. 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. Performance Bond (PDF) 10/10/2017 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.9 Doc ID: 3690 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $245,829.60 which was posted as a guaranty for Excavation Permit Number 60.080 -9, PL20160000520 for work associated with Isles of Collier Preserve, Phase 8. Meeting Date: 10/10/2017 Prepared by: Title: Site Plans Reviewer, Senior – Growth Management Development Review Name: John Houldsworth 08/28/2017 9:09 AM Submitted by: Title: Project Manager, Principal – Growth Management Department Name: Matthew McLean 08/28/2017 9:09 AM Approved By: Review: Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 08/28/2017 7:26 PM Growth Management Department Judy Puig Level 1 Reviewer Completed 08/31/2017 12:02 PM Growth Management Development Review Chris Scott Additional Reviewer Completed 09/18/2017 4:38 PM Growth Management Department Matthew McLean Additional Reviewer Completed 09/18/2017 5:32 PM Growth Management Department James French Deputy Department Head Review Completed 09/18/2017 9:31 PM Growth Management Department Thaddeus Cohen Department Head Review Completed 09/19/2017 11:39 AM County Attorney's Office Scott Stone Level 2 Attorney Review Completed 09/27/2017 10:05 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/27/2017 11:00 AM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 09/28/2017 8:35 AM Budget and Management Office Mark Isackson Additional Reviewer Completed 09/28/2017 10:13 AM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 10/02/2017 8:01 AM Board of County Commissioners MaryJo Brock Meeting Pending 10/10/2017 9:00 AM PROJECT LOCATM I K %qI TREVISO N,,,, EXCAVATION PERFORMANCE AGREEMENT THIS EXCAVATION PERFORMANCE AGREEMENT entered into this 2nd day of Mav ,201! between Minto Communities. LLC hereinafter refened 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 excavation permit in accordance with Section 22-106, et al. of the Collier County Code of Laws and Ordinances, and the Collier County Land Developmenl Code, including but not limited to Section 3.05.10 (collectively, the,,Excavation Regulations'); and WHEREAS, the Excavation Regulations require the Developer to post appropriate guarantees and execute an Excavation Performance Security Agreement stating applicant will comply with the Excavation Regulations and Excavation ierm-it No. pL2O j 66000520 (lhe 'Excavation 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: Developer agrees to comply with the Excavation Regulations and the Excavation Permit (the "Excavation WorlC'). 2 2 Developer herewith tenders its excavation performance security (attached hereto as Exhibit'.A" and by reference made a part hereof) in the amount of gzlqg2glOo. ln the event of default by Developer or failure of Developer to complete the Excavation Work within the time required by the Excavation Regulations and Excavation Permit, Collier County, may call upon the excavation performance security to insure satisfactory completion of the Excavation Work. The Excavation Work shall not be considered complete until Developer notifies the County that the Excavation Work is complete and the final Excavation Work is reviewed and approved by the County Manager or designee for compliance with the Excavation Regulations. ln the event Developer shall fail or neglect to fuffill its obligations under this Agreement, upon certification of such failure, the County Manager or designee may call upon the excavation performance security to secure satisfactory completion, repair and maintenance of the Excavation Work. The Board shall have the right to conslruct and maintain, or cause to be constructed or maintained, pursuant to public advertisement and receipt and acceptance of bids, the Excavation Work. The Developer, as principal under the excavation performance security, shall be liable to pay and to indemnify the Board, upon completion of such The County Manager or designee shall, within sixty (60) days of receipt of notification by Developer in writing that the Excavation Work is complete, eitherj a) notify Developer in writing of his approval of the Excavation Work; or b) notify the Developer in writing of his refusal lo approve the Excavation Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County Manage/s approval of the Excavation Work. 4 6 the Excavation Work. The Developer, as principal under the excavationperformance security, shall be liable to pay and to indemnify the Board, uponcompletion of such construction, the final total cost to the Board thereof,including, .but not limited to, engineering, legal and contingent costs, togethe;with any damages, either direct or consequential, which the Board may s-ustainon account of the failure of Developer to fulfill all of the provisioni of this Agreement. 7 All of the terms, covenants and conditions herein contained are and shall bebinding upon Developer and the respective successors and assigns of Developer. executed by their duly authorized representatives this lN WITNESS WHEREOF, the Board and Dave ,rtrr have caused this day of Agreement to be 201u. SIGNED IN THE PRESENCE OF: Printed N Sign d)t^^-- P ATTEST: DWGHT E. BROCK, CLERK proved a to form and legalig: Scott A. Stone Assistant County Attorney BOARD OF COUNTY COMMISSIONERS OF COLLI , FLORIDA By: as ofthe Manager pusuant to Resolution No. 2015- 162 vfi1tl i)i,Jl^,., Name By:- Deputy Clerk tj\\i^^&*11, Minto Communities, LLC ay--5&-S Steve Svopa, Vice President (Provide Proper Evidence of Authority) €,xril gta A Bond No.:80130962 PERFORMANCE BOND FOR EXCAVATION WORK KNOW ALL PERSONS BY THESE PRESENTS: that Minto Communities, LLC 10150 Highland Manor Drive, Suite 200 Tampa, FL 33610 (hereinafter refened to as "Owned') and The Guarantee Company of North America One Tovvne Square, Suite 1470 Southfield, Ml 48076 (248)281.0.281 (hereinafter referred to as "Surety") are held and firmly bound unto Collier County, Florida, (hereinafter refened to as "County") in the total aggregate sum of Two Hundred Fortv-Five Thousand Eioht Hundred Twentv-Nine and 60/100 Dollars ($245.829,60) in lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Owner and Surety are used for singular or plural, as the context requires. THE CONDITION OF THIS OBLIGATION js such that whereas, the Owner has submitted for approval by the Board a certain excavation permit no. P120160000520: lsles of Collier Preserve Phase 8 and that certain exoavation 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 speciflc 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. NOW, THEREFORE, if the Owner shall well, truly and faithtully perform its obligations and duties in accordanc€ with the Land Development Regulations during the guaranty period established by the County, and the Owner shall satisty all claims and demands incuned and shall fully indemniry aod save harmless the County from and against all costs and damages which it may suffer by reason of Ownefs 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 noUce 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 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 otherdocuments shall include any alteration, addition or modification of any character whatsoever. lN WTNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 2nd day of Mav. 2016. [$-rDs{1664/l1s3600/X] WITNESSES Printed Nam gfiA fy\d-l Ari €D ,lEanrp )'rla+bx., Printed Name FRANI,E5 lvlDfrf oil STATE OF COUNTY OF E FOREGOING P A (Tl Minto Communities, LLC By m Costello VP. of Financ. Minto communiti . LLC Printed Name/Title (Provide Proper Evidence of Authority) ACKNOWLEDGEIVENT n ) RFORMANCE BOND WAS ACKNOWTED E FFORE ETH DAY OF ,2 BY (NAME OF ACKNOWLEDG oF (NAr\irE OF COMPANY) ER) PERSONALLY KNOWN TO ME OR HAS PR ODUCED AS IDENTIFICATION I1URA WAUCI N ublic - State of E rinted N WITNESSES: ed MY COMMSSICN } FF 047E9 EXPIRESi Fobru{Y 13' 2c20 &ndod Thru Nolrry Publb Undlr il r! JCt ThB Guarantee Company of North America USA By 4 H IS P a a-t) tLL e, Jacqueline mpton amille Claudette Alexa nder H unt. Attor nev-tn-Fact Printed Name, Matt ahbaz Printed Name/Title (Provide Proper Evidence of Authorlty) ACKNOWLEDGMENT THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS 29th DAY OF April, 2016, BY North America claudette Alexander Hunt USA WHO IS PERSONAL AS Attornev in Fact OF The Guarantee Companv of LY KNOWN TO ME,OR HAS PRODUCED n/a AS IDENTIFICATION. Notary Public - State of Florida Printed Name, t4-Ets-02650, i#Nolary Puulc St.b ol Flodda C8mille M Cruz My Codml!.lon FF 0425E€ Explr'! 0&!6/2017 l1s rDs 01664/11s3600/11 luz (SEAL) (SEAL) .:. STATE OF Florida COUNTY OF Miami-Dade Z"--;;U t GUARANTEE' Claijdette Al€r.aador Hurt, Jac+lellns Jord8n Haryton Aon Rbk S€n c€!, lnc. of Flodd& it8 true and lawtul attorney(s)-ln-tacl to execute, seal and dellvor for and on lts behalf as suroty, any and all bonds and undertaldngs, conlracts of indemnig and olher \r,rltlngs obligatory in the nature thersol whlcfi are or may b€ allo$,ed, requlred or pe.mltted by law, slatule, rule, rsgulatlon, contract or othervlss. The executlon of such instrum€rt(8) ln pursuancg of these presentB, shall be as binding upon THE GUARAT{TEE CO PA,{Y OF ttORTH A ERICA LrSA as fully and amply, lo all lntents and purposes, as if the same had been duly execuled and 8cknowledged by lts regularly elgcted offcers at ho principalofic€. The Po,{€r of Attomey is exscuted and may be certifed 9o, and may b€ revoked, pursuant to and by aulhodly of Article iX, Soc{ion 9.03 of the By-Lawg adopted by ttle Eoard ot Dke.tors ofTHE 6UARAi{TEE CO PAIY OF ORTH AXERIGA USA ai a meeting hEld on tho 31iday of Deco.nber, 2003. The Pr6ldent, or any Vlce Prssldent, acting with any Secretary or Asglstant Secretary, shall have pon€r and aulhorityi 1. To appoint Atlomey(s)-in-fact, and to aulhorize them to execule on behalf of the Company, and attach the Seal of tho Compsny th€reto, bonds and undortakings, contracts ol indemnity and other wrltln$ obllgatory ln the nature theroof; and 2. To revok€, at any tme, any such Attorney-ln-fact and revoke the authodty given, e,\cept as provlded below 3. ln connectlon with obllgatlons in Iavor of th6 Florida Department of Transportalon only, it is agreed that tho po\/€r and authorlty horeby glven to the Attomoy-in-Fact lncludos any and all consents for the release of retain€d percentages ahd/or fnal estlmates on engin€ering and conskucllon coniracts required ry the State ol Florlda Departrnent of Transporta(ion. lt ls fully understood thal consenllng to the State of Florlda Department of Transportaton maUng paynent of the final estlmate lo lhe Contrdctor and/or ib $9ign€6. shall not rellew thb surety company 0f any of ltls obllgatlons under lts bond.4. ln connectlon with obllgations in favor of the Kentuoky Department of HlghwaF only, lt ls sgreed that th€ pouer and authority hereby givon to the A(om€y-in-Fact cannot be modifled or revoked unless p or wrltton peBonal notlce ol such intent has been given to lhe Commlssloner - Departmont of Highwsys of(he Commonwealth ol Kentucky at least thirty (30) days prlor to the modlflcalion or revocalion. Further, this Power of Atlomey b slgned and soaled by facsimile pursuant to resolutlon ol the Board of Dlrectors of the Cornpany adopted at a meetirE dl./ly called and held on th6 6th day of Oecember20'11, ofwhich the following is a lrue excorpt: RESOLVED lhat the slgnature of 6ny authoized otllcer and $e s6al of the Company may be affxed by facslmile to any Pow€r ol Attorney or certmca{on thereol authorlzlng the executlon and dellvery of any bond, undertaklng, contracls of indemnity and othe. w tlngs obllgatory ih the natur6 thereof, and Such signafure and Eeal \rrhen so used shall have lhe same force and effect as though monually affixed. lN WITNESS WHEREOF, THE GUARANTEE COIf,PAI{Y OF iIORTH A ERICA USA has caBed this Inslrument to be sigrEd and Its corporate seal to be aff[red by its aulhorized oficer, this 23rd day oI Feb.uary, 2012. THE GUARAT'ITEE COMPA Y OF NORTH A'/IERICA USA STATE OF T CHIGAN County of Oakl.nd Slephon C. Ru!ch.k, Pr.sidont & Chiot Operatlng Oftlcer Rendall tlultehan, Secretary Cytthia A. T*ei Notary Publc, Slale d Mhhigan County of Od<land My Comnission Explrcs Fobruary 27,2018 Ading in Oaklahd Counv lN WTNESS WHEREOF, I have horcunto sot my hand at The Guarantee Company of North America USA ofiices the day and year above writtgn. Cqa-A-L A. 7'arda<- I, Randa,l Musselman, Secretary of THE GUARAIITEE COIIIPANY OF LORTH AXIERICA USA, do hereby cerufy thal ijle above and foregoing is a lrue and correcl copy of a Polter of Atlorney executed by THE GUARAT{TEE COMPA Y OF IIORTH AIf,ERICA UsA, which is stilt in tult force and efiect. lN WTNESS WHEREOF, I have ther€unto set my hand and attached the Bsalofsald Company lhb Z4 A"y X Alrtl .2elL Randdll llutselmrn, Socretary 'Ihe Guarartee Company of Nonh America USA Southfeld, Michignn POWER OF ATTORNEY xltotY ALL BY THESE PRESEIITS: That THE GUARAa{TEE CO PANY OF NORTH A ERICA USA, a corporation organized 8nd exisling undar lhe la$/s of the State of Michlgan, havlng its prhclpEloffice ln Southfield, Mlchigan, does hereby constltute and appolnt &//*11_ On tt s 23rd day of Febnrary, 2012 before me came the lndlvlduals who executed lhe precedlng lnstrumenl, to me personally knovrn, and belng by me duly s!.dom, sald that each ls the herein descdbod and authorized oficer of The Guarantse Company of North America USA| lhat th€ seal afixed to sald lnstument ls the Corporate Seal of $aid Company; lhat lhe Corporale Seal and 6ach signature were duly affxed by order of th€ Board of Dlrectors of