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Agenda 10/14/2014 Item # 16A11 10/14/2014 16.A.11 . EXECUTIVE SUMMARY Recommendation to release a Cash Bond in the amount of $25,000 which had been posted as a performance guaranty for work associated with Cedar Hammock Excavation Modifications, Application Number PL20130002534. OBJECTIVE: To release a security which was posted as a development guaranty. 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 within the Cedar Hammock PUD. The Cash Bond was posted as a performance guarantee for modifications to a completed Excavation Permit pursuant to Section 22-115 of the Collier County Code of Laws and Ordinances. The completed lake cross sections have been submitted and approved. A final inspection was conducted on September 8, 2014. FISCAL IMPACT: Approval of this Executive Summary will have no specific financial impact. LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a majority vote for Board approval. - SAS GROWTH MANAGEMENT IMPACT: Approval of this Executive Summary will have no growth management impact. RECOMMENDATION: That the Board of County Commissioners authorizes the Clerk of Courts to issue a refund in the amount of $25,000.00. 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 Plan Reviewer, Engineering Services, Growth Management Division Attachments: Copy of Payment Receipt Packet Page -773- 10/14/2014 16.A.11 . COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.11. Item Summary: Recommendation to release a Cash Bond in the amount of$25,000 which had been posted as a performance guaranty for work associated with Cedar Hammock Excavation Modifications, Application Number PL20130002534. Meeting Date: 10/14/2014 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer. Senior,Natural Resources 9/9/2014 1:00:20 PM Approved By Name: PuigJudy Title: Operations Analyst, Community Development&Environmental Services Date: 9/12/2014 3:12:50 PM Name: McKennaJack Title: Manager-Engineering Review Services,Natural Resources Date: 9/23/2014 1:15:31 PM Name: MarcellaJeanne Title: Executive Secretary. Transportation Planning Date: 9/24/2014 9:31:05 AM Name: StoneScott Title: Assistant County Attorney, CAO Land Use/Transportation Date: 9/26/2014 10:47:52 AM Name: FinnEd Title: Management/Budget Analyst. Senior, Transportation Engineering&Construction Management Date: 9/26/2014 11:31:26 AM Name: KlatzkowJeff Title: County Attorney, Date: 9/26/2014 2:05:58 PM Packet Page -774- 10/14/2014 16.A.11 . Name: IsacksonMark Title: Director-Corp Financial and Mngmt Sys, Office of Management&Budget Date: 9/29/2014 9:02:41 AM Name: DurhamTim Title:Executive Manager of Corp Business Ops, Date: 10/3/2014 8:46:57 AM Packet Page -775- 10/14/2014 16.A.11 . Collier County Growth Management Division 2800 Horseshoe Drive N. Naples, FL 34104 239-252-2400 RECEIPT OF PAYMENT Receipt Number: 2014160271 Transaction Number: 2014-007390 Date Paid: 02/20/2014 Amount Due: $25,000.00 Payment Details: Payment Method Amount Paid Check Number Check $25,000.00 026186 Amount Paid: $25,000.00 Change / Overage: $0.00 Contact: Cedar Hammock Golf & CC 8860 Cedar Hammock Blvd Naples, FL 34112 FEE DETAILS: Fee Description Reference Number Original Amount GL Account Fee Paid Refundable Bonds PL20130002534 $25,000.00 $25,000.00 670-000000-220113 Cashier Name: melissaalvarez Batch Number: 3616 Entered By: levy_m Packet Page-776-