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Agenda 02/25/2014 Item #16A 42/25/2014 16.A.4. EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $139,180 which was posted as a development guaranty for work associated with Lakoya, Excavation Permit No. 60.024, Application Request No. AR- 13354. OBJECTIVE: To release a Performance Bond which had been posted as a development guaranty after all work has been completed and approved. CONSIDERATIONS: Engineering Services routinely accepts securities administratively as guaranties for developer commitments. 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 work associated with the project Excavation Permit. We have received the As -Built Lake cross sections and inspected the lakes for compliance with the requirements of the Collier County Excavation Regulations (Article IV of the Codes of Laws of Collier County). The original Performance Bond has been reduced based on the work completed to date and as evidenced by the Bond Rider attached to the Performance Bond. FISCAL IMPACT: There is no fiscal 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 GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. RECOMMENDATION: Recommendation that the Board of County Commissioners authorize the Clerk of Courts to release Performance Bond No. 5030156 in the amount of $139,180.00 which had been posted for work associated with Excavation Permit 60.024, Application Request No. AR- 13354. Engineering Services 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, Engineering Services / Growth Management Division, Planning and Regulation Attachments: 1) Copy of Performance Bond Packet Page -290- 2/25/2014 16.A.4. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.4. Item Summary: This item requires that ex parte disclosure be provided by Commission members. Should a hearing be held on this item, all participants are required to be sworn in. Recommendation to authorize the Clerk of Courts to release a Performance Bond amount of $139,180 which was posted as a development guaranty for work associated with Lakoya, Excavation Permit No. 60.024, Application Request No. AR-13354. Meeting Date: 2/25/2014 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer, Senior,Engineering & Environm 1/22/2014 11:45:47 AM Approved By Name: McKennaJack Title: Manager - Engineering Review Services,Engineering & Environmental Services Date: 1/28/2014 11:09:24 AM Name: PuigJudy Title: Operations Analyst, GMD P &R Date: 1/30/2014 10:29:16 AM Name: MarcellaJeanne Title: Executive Secretary, Transportation Planning Date: 1/30/2014 4:05:17 PM Name: StoneScott Title: Assistant County Attorney, CAO Land Use/Transportation Date: 2/4/2014 4:39:12 PM Name: KlatzkowJeff Title: County Attorney, Date: 2/12/2014 3:02:04 PM Name: FinnEd Packet Page -291- 2/25/2014 16.A.4. Title: Management/Budget Analyst, Senior, Transportation Engineering & Construction Management Date: 2/12/2014 4:45:24 PM Name: OchsLeo Title: County Manager, County Managers Office Date: 2/17/2014 11:23:03 AM Packet Page -292- COLLIER COUhr r' , LAND I IE'VELC)P v[PJ CODE' PEFJ=GIZ M A.NCE BOND KNOW AL PERSONS, BY THESE PREStI 'x` ".f S: :hat Stock Development 2547 Professional Csrcie. ,Sui':e 1201 ^apies, FI., x4119 (hereinafter rctlerred to as "0xvi er ") and 13ortd S.afeuu -ard °:nswar,ce ornpany 1919 S. Highland .A.vcnue B ictl; A••Suite 300 Lo-'nbard, LL 601.4$ 2/25/2014 16.A.4. BOlv:I NOx 5030156 hereinafter retz-rred to as ">arety ") are I -old and tinTtly 17ound. unto Collier County, Florida. ;hereinafter referred to as "County") ir the total agy;regale stun of Six_Hun.ded Ninety _:ie's­�n_llliotrsand Two_ Hundred_Fortti and 00-100 tS697.2 1(i_Q .) ::n lawful mcr.ey cf the United :States, for the payraent of -n•luch >um weA and truly to be trade, we bind ourselves. our heirs, executors, administrators, successors and assiga_s, jointly and. sec era ly, firmly by these presents. Owner and Sarery are used for Singular or plural, as the context requires. COINDI— 10? OF THIS ON.:,G/cricj,ve is such that whereas, the Owner lw,, submmed for approval ay the Board a certain 141171divi:Slort plat is ;nTtcd I_v,v tiVj and that certain subd.ivisior.. shall, include specific: imprmre:rnents which are required by Collier Counter Ordinances anc Rxsolut:ions (hereinafter "La.rtd D. veloprTtent Regulau,ous + "). This obligation of the Surety shall conmence on Ite d, ate this 13ond is executed and shall continue un-A the dx:e of final acceptance by the Board (it' County Cornmssic11"I'; of the sp?cJil. trnpnwements d,e- scribed in the land Development Regulations (hereinafter the ••Guaranr� Period ") NOW, THI: REFOF.13, if the ON'rter shall tivcll, �auly and faithfulty perforn its oaztigations and duties in accordance with the Land Geveloprnert R.- ulations du.-inl. the guaranty period established by the County, and ate O,Ar.er shall satisfy all claims and deriands tnc:urTed and shall fatly indenmify and sxvt luartnli�ss the +_'ourny fro!n and a- ga:inst all costs and damages ,vitich it rrt y 5uffet by reason of -.1Nvner' :s i-Zuhn•e to do so, and shall reim.btuse and repay the County all outlay <.nd exp,ensc which the Lounry may ;.ncut in making eooc. any default, then tlr.� obligaiian shat b'e void, otherwise to terrain in ful' force arc effect. PROVID' D. FURTHER, that the said Surety, for value rece:lved hereby, stipulates arid agrees that no change, extension of time, al,t -rat on, .addition or deletion to tilt. proriosed specific :improvements shall in any vca;y affect its obligation on this Bond, and it does hereby warve notice o:; any sach chance, extent, on of Time. alteration, addition or deletion to the proposed specific irnpr:)venuen c. PROVIDED FURTHER, that it is enpreessly afire -ed that the Borci shall he cleerned amended arnomatically and immedizv.ly. iNitliot it formal and separate am:ndme:res herein, so as to bind the O•uvrier and the Surety to the full and faithful oeFf'ormance in accorciancc with ^hc Land Dzwelopmenl Regulations_ The tenet "Arnencrnent" wherever used in this Bond, and �vnetli r ryeCcrrinit to this 3oncl. or other do .tments shall ir_clude xiy alteration, aedition cr modification ,,f" any cvn ;uter i� hatsoc er. Packet Page -293- 2/25/2014 16.A.4. N WITNESS WHIRL-OF, the parties hereto have Caused this PERFORMANCE; BOND to be exec-ited this 28"' day of lz eptembe-,%-2007. v7itnes . 0131111V VJ 4 e's s 1� -tire 7 n Swmei k I " , — ---------- Witness ?-Jr.t itarric x T,,n, z Witness J!IlIlUre Irene Diu- --------------------- "tlleSS '-int lUllill 0 I V7l,t2i,-,,-,�-, plAurl, Tracy Pi :ciatrc, -------- V/ imess ;Tint tutme co T - ,. pe STATE OF ot 5;toCk, CleVelclimeng Flond SaA-guard Ins-xvince COMpany J-)aVi,11 L. kir-m = Attom y-lrk-yzzi FL License FV. 1322 The foregoing, instrani(Mr %�ras a Knc)v,.•dged bek!re me Jus A44iy of has Pri-duced as --alutiji5tat:.W AIDIM lik VW1 Y64yuny 4 S rATF OF I Ll-l'\ Of'; COUNTY OF DUTA,'d-1 (Siguarilm mat Y Public If- (F,Tl.l rt, Type, OT SLIMT) COrnmu;stoned Name )f N�3tlll-y PL.blic I The foregoing I m,minwnt aas a.ic,unvIeu- ed be!or- me dots 28th Jay ------2-0--)- 7, by D3,xr L. Moigan. Attomev-j,1j_jr:3Z[, "NIJI IS pe1j,:)' -IC' - I jijJ5 ':)riduced );�:,sdf as (AVIltiFicati(In "alk IJIOV'll to 11 1) (Sinatu:.-c et'Nctarl, State- (If".11111cols) fM INIDTARY PL1111.11, - STA7,E CkFILLAkCh (Prim- Crr SLainp Commi-ssii.)nr-d L carne w -Ni)uz ub I ic) Packet Page -294- FIC-NifE R OF AvroRNEEYr 2/25/2014 16.A.4. AC) ICa►'�1���� ;R:!► i� C�:;� ,ll . ��� "'IC � INSURANCE- COMPANY KNUitr ALL !V':Fly !?1' THESE F'4�I_ !_hi''3. th,a: Ett)PEI) :;A.F EGitlbFtlD IN:iLiERA,IJCf Ca3A1iAAlI[Y, an lIllncis Corporation with its; prix cipal office In E_t)ITit ald, Illinois, cloe:s tElret -y - onStitiJi :e ar d appoint _1-cs L_Mx m Iran: Diaz. Bonnie Krum, Sienhen 1— , kazmer, Dawn L. Morgan, _ Peggy Fawt. KvIlyA, Jacobs, Elaine Ddarcos, JenaiftT J McCorib, Sidissa Schmidt, Jx:l E. Speekman, Feather a. beck, Tarieae M, h5c10BD ` **....w ................. its true and iaAfjI Ar'orr,Et)II,sJ In acl to mike, f.kecutP�SEaf and de?'itvw "or and or 13 kte>fia -f d`. aUr'? � 2rr) anC' aff bonds, tJndertakl7gs or other wntincis obligatory in nature of a bona. This authority is mace undo, and by the al,thcrty Of a reseluti =an which wa,; passed I),y if,c, Board of Directors of BOND SAI= ECiUARD iNSUAANC E' COMPANY cr the ''th day of `,overnter, of O` Fs tohows Resolvsd, that tho Prw;idert of the : rlrnpFriy ,,; her by airthoazi 97 tc aDpciw and ampower alt+! r,apri?5antative of the Company or other persoi car persors as atiorrey - Irl - Fctca ,cl exF(:crte -)n D&O' C 11' E, C- orrlpan'y any horna3 t rl tortakin(y,. policies, contract: of indemnity or other wnt,r-cl& cbfica.tory i•t na—ute Df r be -r.d rol tc excee.1 1.�aJfi,l)IJD.i7t) One Millian Cc'Ners, which the Company rn grit executes throuch its dt;ly electea :)fficet -5. ;aid affix the se�J )x' ne Cornparty thereat). Ary said execu'.IDn of such documents by an Attorney -ln -Faso , >h.,' bra Gi.: bind'rlg c:Ft;)n irie r�ampar -'y as f they had deer, dt. y fwecwfed and acknowiedged by the regularly elected officers of the C'rc)r r'F<<trta; Any Attc,rnEy- ire -F wt. „o may be reni,,wed for q,aad ^;Susf arcs the aAhonN. so granted may be revoked as specified in lhe Flowar cf ik' :tomey Resolved, that the signature Of trier 'Pro ;�cien t and fne Sea( of the --ornpany r,tay De afthse d 0,t facsimile on any power of attcrne'y prantEc, zirvj the a tlrictluC@ «'' the inn} Ctf'r1i, cifui3'ne ;it - -3 of f' E? %erlpary 'rirat+ tE, afltxfB,j t)y fl'it;;3irlile to any certlftcatt= of any Such pother and ar'V iYYM: F Of tFF,rrng S,ElUti St%rct.lre and ser.!l s.rtall tE v.ai j and tlindtng on the Compl,tny. Any su(:h pOwE'r ISO QxELi.iteC sand :id „a'ed arcl C@r Fi;ati; So execut')j anj "'em f^cl sh71i, wlttl resiiesCa is a,iV bona of undertaking to wt:ic:h it is attached, ccrlt nwe to be valid ar;ct bind:n(t cr toes Company IN WITNESS -- 'iEREOP EIC'MID SAFEEGLV RD INSLIRANCE CC1MPANT has asusec ;�-is;r;)nlant to be signer` lor~ its Pre3ident, and its �Zorporate seal is oe affixed th s 7111 day cf November, 2031. 00 app N'i:if.4`'�� k �► - -- .4 e� IB,(3 O SAFEGUARD INSURANCE COMPANY AN f7 ql L a.ca'i 1, '.NWIIAN^I: 1 t it % � � .•__��'' / 131'' r5 ---- 1010 David E, CarlDbell Preslcent AC:KPIC111VI- E::DGiE EIAEENT On this 7ih cz,;y of N,o3 =ntbt> , 2O:)1, b(lforty ME, f}eyrE.ohaihr oatrne alvil E C,aTf1t)(1 tO ME 00VIr1, A'ho being duly sworn, did depose and sFy th°al nF !r; i BOND S AFEEt3UJAPI) iNSURA.NC1H COMPANY, 'fiv -urt csratiGr cescribed in and Mich =xe�;utEd the alitwe ; J.,f r,l h,, (wpfhat :r C)y ai : tY,O :) "tif, ;;ttice unde, the By-ii ws, of said corporation, (31 - (CLAP SEAL,” 'YG4L:tZEEN K. AVE Itatary Public. '..true of tltloc4,, 6Tv Commission EXI)fres (191ZIy09 CE FIT iF I:: AT E: �atau)r+r'en N;, Aye ',4&tary Puu is I, the un,d. r31cr,e>sf �e r xtllry of ElOND SA.F-'f- GiUAR0 USURAtNCEE C:IOIE MANY, An Eli�nois l- urarce' C�ornpany, DO HERESY 'ERTIF*Y that the 'Igil: d' ... , ttf Iit.t rt;ai v)l'a -, t; f, �F .� i.� t ,_e n rr)`lecf i_, i . z__ it l? eaffeat and has I;tii bcaen Sionef card S0,At?'d at L(NT LUC. 11I'r +Off, ff IS 2 t 1 r, }' °if :i2Flt: °Ilt�)eT' iiCi 7 a f tttatC %!+ �y Packet Page -295- !)ur 17 D 3 chanan t7.., c,ia ry 2/25/2014 16.A.4. .SURF; I"Y RIDE R SURETY: Bond Safeguard Insurance Company Skit k Development: OBLICIEE: Collier County, l?l+orid;:r DESCRIPTIONT: t'.lDbblestane Cove (z) . Lely Resort BOND N(D.: 5030156 BOND ANIOU;N' : S6917,240.00 CURRENT REDUC—TION TO: 5139,180.00 EIT E CITIVE,: CI ovemb er. 9,, 2010 This Is to certify ghat this company has not feaznina.ted its sureaysli p under the above described bond and :hat such bond according to its reconis i.s sti] in `ull farce and cffect. Si�nul surd Sealed this 173`x' v <>:F�!`10����ntb�cr, 2;010. l' md: Safegj!ard Inserrance i`,'p 06 By: r {d�� -�� - - --mot r, !s��?`� ►r.< �`� `v J,6in.iii r J :Mc Glyn lft, STA i1El OF,' ILLINOIS COUNTY OF' DUPAGI: The farelgoira" instrarnent was. aclolowled;;ec be -70rs rrie this 18" day of ^7oveinzber, 2010. 1 _ _w B _ Heather A.: Decl:. Ncta.ry I' =�Elic SEAL My (: c)m:rt_i:as;c>n ;E )r"nlbrrtar u S., 2012' Packet Page -296- 1301WER OF AT70FINEY 2/25/2014 16.A.4 40 7 0 ol 3 2 -1,114. SURANICE COMPANY KNOV W MEN BY 04 SE PITHEN-MV tot B014D SAFEGUARD INS URIPMECOLIPAITt an Nlinois Corporation wf h its LuMaK Ahn, joes lylarcus. Jc-n(e J. McComb. Me issa S6"&Ad E S"tm'w N organ, F%Wm A HAMA. . . . .. . ..................ioresymnswate and avncvv. TTF.W. ... Au jaiv'fll Allrxne; low --- III-1-C.-r-i-c-r— - bonds. under Tirriggs �' E 1 a C A R 9M 1 '58 E I CE am f x )Wier Wrngw UWqxv, r Ww e cf a twiti, This ao"my a mooe imcr win rj the aoia, A a nomMul whicii wea pamcd bv tE bozvd of Directors of BOND SAFEGUARD INGURA142E COWAN't 3r im ?i daV onNinvintet afl* aE hl= Rescived,'-hat ifie Pmsdew of "a Company a hmlij Wcwml W apoirntart-1 fn-i'po%v9( 2,rry repre-3eitative at the Company Cr 7N peovT U p_ ;tit'! an wviiwmn• av to DMCM9 an belav Dt me lomparl, Eny toinds urcinnaorps. pohmes, contacts ol Inemmy W coo vlmngs al gam" "I rmwe d a own nv n enna3 $1 oo) coo 4) CT. story, %Uao olnor The Company right execute thrciug7 t7 dly of vina ;Acay ami WN Me on! A 1w Company ti eivIc Aiy sawl (memomn of such docufrienh; bl an Atx,noy-iri-Fev viafl Q as oridaig jper Me Wlpay AIS 0 W %11 We! CIJQEXEC:L(1 Pia vid a-K7icvjiecpE1 riy the regulany erected Wont of the QnVany. Aviv AtlomppinAnt, so amixinj rnaV oe anmyea tx ;;W 1,';ajse and nie a,rr;oarty so granted rna} be revokcd as spez;;tiod w'. a'." !ne 'ico of r --nw, tit, al xF-d viv facsimile on anv pcwv4'r of ,3nc,rtwy grant -3d and the nl ME vi Pfw , (�,ri ard nip teaar is qv Cmin, wav ae Asix! 11 Ti"in& to any certiftum of ?v such powm aid a, sion pmw"l OPIQUIe beeng WI ' "HC;'_ siginnnp arc sm! s4h na -&W aro tincIfirig on MeCOurany Aq i mxn pawn aI-C 1111 1,,'a'E SO 7.Ke,-jtrd an(' �,ealec W with rnout 0 wo "c7 Q W unIrtaRmg M %nfcr Wachemoin%c ROM v 0 win I w"q an V• MmWIV, IN WUNESS PARECA, DOND SAV:EGUARD INSURANCE COMPANY nas ndzm to be signed, dt, :Is P'F sld'ant aric ts ("-i"! sea I`) h'? affixec Jils '71t, 0av Df Nciv"� 71be " ?0:71. 14 130NIDSAFEGUARD INSURANCE COMPANY 44 AMY Q Mm in a" w vinnsi TW- nakAe ria oc rurd y came DoOd E �err,L)tE:1 "c, r-)� being dilly sworn d!d nqwc and say mat roe y ne Pasirief i <n 60ND SAFEGUARD INSURANCE EMMOANY. IhE ccrDorn:)n ',iescnbed in and wiwh rWayery w WO ry 4w ccrowaYm by Eirthrnty-;? his t)`fice under the By-laws CERTIFC47E jaw"r N owe L Me uwvMWw1 5vanov 0 BOND SAFEGLARD INSUMMICE WMIT4141Y Ar WYK in,janap Wrnpany, DO HEREBY <,Z -Tn Y that tl!t- rplW 14mv A Alxwy A ivi-im tie 4 wyng is a law aW cums any S n hT Arve uo PAct and has not been %voks! and te us) Awns Lc W ';I we non T vmc Sqwd a" Spahol T vin iO , vus var; Npvernber e IT low. "WIAN NG: Any person sAift c-towirigiv and with it W detraud any inmPance corilmny of whet r3e-ion. tiles ;an zipplication forinsurtntre of srommom of CWM clonrasixig anv mommaw out OWMAW"Ar coricesh for W pairm& of mAhm&r.p, information concerning any fact �-nalaria ttleretc. cciivnifs; a frij:iWoril r.swtance am whah is a ctirnc and stjb:ects such per&an 1c: --lrriinal arc, -.vIr Dertaittes ' t.; Packet Page -297-