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Agenda 05/12/2015 Item #16A15 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release Performance Bond No. 964119218 in the amount of $302,000 which was posted as a development guaranty for work associated with Parklands – Plat One, Early Work Authorization (EWA) PL20140001253. 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. This security was provided in association with an Early Work Authorization which was issued pursuant to Section 10.01.02 B of the Collier County Land Development Code. The work associated with this security has been inspected and the developer has fulfilled his commitments with respect to this security. The subject security was provided for work associated with a planned residential project. The Performance Bond was posted as security for clearing and site filling in advance of the final subdivision approval for the Parklands – Plat One project. On March 24, 2015, the Board of County Commissioners approved the final plat and construction plans for Parklands – Plat One (PL20140001253). Once the construction plans and plat for this project are approved, the security is no longer required. The construction plans include approval for clearing and site filling. 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 : That the Board of County Commissioners authorizes the Clerk of Courts to release Performance Bond No. 964119218 in the amount of $302,000.00. Development Review 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 / Growth Management Department Attachments: 1) Location Map 2) Copy of Performance Bond Packet Page -646- 5/12/2015 16.A.15. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.15. Item Summary: Recommendation to authorize the Clerk of Courts to release Performance Bond No. 964119218 in the amount of $302,000 which was posted as a development guaranty for work associated with Parklands - Plat One, Early Work Authorization (EWA) PL20140001253. Meeting Date: 5/12/2015 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer, Senior, Natural Resources 4/16/2015 11:48:20 AM Approved By Name: PuigJudy Title: Operations Analyst, Community Development & Environmental Services Date: 4/16/2015 4:52:26 PM Name: McLeanMatthew Title: Project Manager, Principal, Operations and Regulatory Management Date: 4/20/2015 8:32:56 AM Name: CasalanguidaNick Title: Deputy County Manager, County Managers Office Date: 4/22/2015 5:02:59 PM Name: StoneScott Title: Assistant County Attorney, CAO Land Use/Transportation Date: 4/23/2015 8:27:41 AM Name: IsacksonMark Title: Division Director - Corp Fin & Mgmt Svc, Office of Management & Budget Date: 4/23/2015 10:07:22 AM Name: KlatzkowJeff Title: County Attorney, Packet Page -647- 5/12/2015 16.A.15. Date: 4/29/2015 3:46:05 PM Name: DurhamTim Title: Executive Manager of Corp Business Ops, Date: 4/29/2015 6:17:25 PM Packet Page -648- 5/12/2015 16.A.15. Packet Page -649- 5/12/2015 16.A.15. Packet Page -650- 5/12/2015 16.A.15. Packet Page -651- 5/12/2015 16.A.15. Packet Page -652- 5/12/2015 16.A.15.