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Agenda 05/24/2011 Item #10C5/24/2011 Item 10.C. EXECUTIVE SUMMARY Recommendation that the Board of County Commissioners authorize a Budget Amendment for the purpose of funding the necessary Panther Habitat Unit (PHU's) required for the Oil Well Road Project (Project #60044) per terms of The Wetland Mitigation and Panther Habitat Unit Agreement with Barron Collier Companies approved by the Board on February 24, 2009 OBJECTIVE: Recommendation that the Board of County Commissioners authorize the Budget Amendment that would allow the Transportation Engineering Department to comply with the payment agreed to in the Wetland Mitigation and Panther Habitat Unit Agreement (Agreement) with the Barron Collier Companies, and authorize the Chairman to sign the documents. CONSIDERATIONS: On April 26, 2005, the Board of County Commissioners entered into a Developer Contribution Agreement with Ave Maria Development, LLLP. As part of this Agreement the County agreed to provide six lane improvements to Oil Well Road. To accelerate these improvements the Developer, Barron Collier Companies, agreed to donate certain right -of- way, fund the cost of designing and permitting the section of Oil Well Road from Immokalee Road to Camp Keais Road in exchange for impact fee credits, and to provide fill to the County at its cost. The County agreed to be responsible for mitigation. The construction of Oil Well Road impacts both wetlands and panther habitat. Through the permitting process, Barron Collier Companies has set aside land and agreed to perform site enhancement to be used as wetland and panther mitigation based upon the Biological Opinion provided by the US Fish and Wildlife Service, the governing agency for panther mitigation. At the February 24, 2009, BCC meeting, the Board approved an Agreement that allowed the Barron Collier Companies to provide the necessary mitigation credits at a cost that was 20% less than what the County, at that time, would have paid at the contracted mitigation banks. At this time, the PHUs are selling at mitigation banks at a lower price than what has been agreed with Barron Collier Companies under the Agreement. The current price is $925 per unit compared to $1200 per unit under the Agreement. Barron Collier Companies have now submitted an invoice asking for payment for the PHUs at the agreed $1200 per unit price. The County has already purchased 30.86 wetland credits at $48,000 per credit for a total of $1,481,280. Each wetland credit included 8.96 Panther Habitat Units (PHUs) for a total of 276.5 PHUs. On March 8, 2011, the US Fish and Wildlife Service accepted the Trust Agreement with the Barron Collier Companies allowing the use of the PHUs it produced and permit the sale to the County. The County's portion for the Oil Well Road project is 1829 PHUs. The Barron Collier Companies can provide the 1829, less the 276.5 PHUs included in the 30.86 wetland credits, for a total of 1552.5 PHUs for $1200 per unit or a cost of $1,863,000. The Wetland Mitigation and Panther Habitat Unit Agreement signed with Barron Collier Companies had allowed for the County to pursue the creation of PHUs on its Starnes property to mitigate the road project. The Agreement allowed that if the County had been able to create PHUs on the Starnes property in one year, then the County would have "banked" a Packet Page -222- 5/24/2011 Item 10.C. corresponding number of PHUs for the future benefit of Barron Collier Companies. The permitting process for the Starnes property involves not only the US Fish and Wildlife Service but also the Florida Fish and Wildlife Conservation Commission, South Florida Water Management District, the Wildlife Foundation of Florida as well as The Collier County Clerk of Courts. The County's Conservation Collier Department has been diligently working with the permitting agencies to secure the creation of PHUs. However, the permitting process proved to be more complicated than first anticipated, and the County, to date, has been unable to acquire the necessary permit within the one year time frame that had been specified in the agreement. While staff did work with Barron Collier Companies to analyze some alternatives, staff's decision was to move forward with the Agreement. Therefore under the Agreement the County is required to pay the Barron Collier Companies the agreed upon price of $1,863,000.00 FISCAL IMPACT: Funds in the amount of $1,863,000.00 are available in gas tax reserves. A budget amendment is needed to move funds from reserves into the project. Source of funds are gas tax reserves LEGAL CONSIDERATIONS: This item has been reviewed and approved by the County Attorney's Office, is legally sufficient for Board action and only requires a majority vote for Board approval —SRT. GROWTH MANAGEMENT IMPACT: This item is consistent with Goals 1 and 6 of the Conservation and Coastal Management Element. RECOMMENDATION: The Board of County Commissioners authorize a Budget Amendment for the purpose of funding the necessary PHU's required for the Oil Well Road Project per terms of the Wetland Mitigation and Panther Habitat Unit Agreement in the amount of $1,863,000 and authorize the Chairman to sign the documents. Prepared by: Kevin H. Dugan, Project Manager, TECM Attachments: Wetland Mitigation and Panther Habitat Unit Agreement, Panther Credits Invoice, Budget Amendment. Packet Page -223- COLLIER COUNTY Board of County Commissioners Item Number: 10.C. 5/24/2011 Item 10.C. Item Summary: Recommendation that the Board of County Commissioners authorize a Budget Amendment for the purpose of funding the necessary Panther Habitat Unit (PHU's) required for the Oil Well Road Project (Project #60044) per terms of The Wetland Mitigation and Panther Habitat Unit Agreement with Barron Collier Companies approved by the Board on February 24, 2009 Meeting Date: 5/24/2011 Prepared By Name: FuentesAna Title: Administrative Assistant,Transportation Engineerin 5/11/2011 10:59:14 AM Submitted by Title: Project Manager,Transportation Engineering & Const Name: DuganKevin 5/11/2011 10:59:16 AM Approved By Name: TaylorLisa Title: Management /Budget Analyst,Transportation Administr Date: 5/11/20114:12:22 PM Name: AhmadJay Title: Director - Transportation Engineering,Transportation Engineering & Construction Management Date: 5/12/2011 7:47:25 AM Name: SuleckiAlexandra Title: Environmental Specialist, Senior,Facilities Manage Date: 5/12/2011 9:16:00 AM Name: HennigMelissa Title: Environmental Specialist, Principal,Facilities Management Packet Page -224- Date: 5/12/20119:59:36 AM Name: WardKelsey Title: Manager - Contracts Administration,Purchasing & Ge Date: 5/12/2011 10:18:37 AM Name: CarnellSteve Title: Director - Purchasing/General Services,Purchasing Date: 5/12/2011 10:28:28 AM Name: BetancurNatali Title: Executive Secretary,Transportation Engineering & Construction Management Date: 5/12/2011 1:55:21 PM Name: FederNorman Title: Administrator - Growth Management Div,Transportati Date: 5/12/20112:59:00 PM Name: TeachScott Title: Deputy County Attorney,County Attorney Date: 5/12/20113:16:33 PM Name: KlatzkowJeff Title: County Attorney, Date: 5/12/2011 3:57:44 PM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 5/12/20114:19:53 PM Name: UsherSusan Title: Management /Budget Analyst, Semor,Office of Manage Date: 5/16/2011 11:35:04 AM Name: KlatzkowJeff Title: County Attorney, Date: 5/16/2011 1:11:39 PM Name: OchsLeo Title: County Manager Date: 5/17/20112:10:03 PM Packet Page -225- 5/24/2011 Item 10.C. 1% �Wr4/ Dwight E. Brock Clerk BY: TONI B DEPUTY CLERK County of Collier CLERK OF THE CIRCUIT COURT COLLIER COUNTY COURTHOUSE 3301 TAMIAMI TRAIL EAST P.O. BOX 413044 NAPLES, FLORIDA 34101-3044 ORIGINAL OFFICIAL RECEIPT When Validated RECEIPT: 5627122 NAME : TRANS/TECM KEVIN DUGAN PAYOR: BCC 338 163658 600441 REFNC: TB: 1 DOCUMENTS DOC TYP FILE ID BOOK PAGE AGRM 4266994 4431 3978 DEPT: RECORDING 5/24/2011 Item 10.C. U DESCRIPTION AMOUNT RECORDING OF LEGAL INSTRUMENT 29.00 P.R.M.T.F. RECORDING FEE 4.00 STATE CLERK OF COURTS TRUST F 28.00 INDEXING DOCUMENTARY STAMPS - 70 DOCUMENTARY STAMPS - 35 INTANGIBLE TAX SALES COPIES 7.00 MISCELLANEOUS FEES INTANGIBLE PENALTY Page 01 of 01 Packet Page -226- TOTAL DUE: 68 . 00 5/24/2011 Item 10.C. WETLAND MITIGATATION AND PANTHER HABITAT UNIT AGREEMENT THIS WETLAND MITIGATION AND PANTHER HABITAT UNIT AGREEMENT (hereinafter referred to as the "Agreement ") is made and entered into this 24`h day of February, 2009, by and between Collier County, a political subdivision of the State of Florida (the "County "), and the Barron Collier Partnership, LLLP, a Florida limited liability limited partnership ( "Barron Collier "). RECITALS WHEREAS, the County and Barron Collier, as co- applicants, have jointly filed permit applications for expansion of segments of the Oil Well Road right -of -way (the "Roadway Expansion ") and for approval of related mitigation of the planned expansion on wetlands and C, Florida panther habitat; and :o WHEREAS, as a condition of obtaining the necessary State and Federal permits prior to commencing construction of the Oil Well Road project, the County is required to obtain both P wetland mitigation and panther habitat unit mitigation credits; and p. H v w 00 O a " WHEREAS, in order to secure the necessary wetland mitigation and panther habitat unit a: credits, Barron Collier and the County, have jointly applied for governmental permits for rCIO -- x wetlands restoration, enhancement, maintenance, and monitoring (the "Mitigation Plan ") for approximately 529 acres within Camp Keais Strand (the "Mitigation Area "), which permits - - include approval of a mitigation plan for, a Section 404 permit (Application number 2006-7018 - c7 _ " IP) with the U.S. Anny Corps of Engineers (the "USACE ") (the "USACE Permit ") and an C> Environmental Resource Permit application with the South. Florida Water Management District _ ( the "SFWMD" ) (pending under a pp lication number 061010 -15 ) (the " ERP Permit " )(the �r G USACE Permit and ERP Permit hereinafter collectively called the "Roadway Permits "); and - a CD s WHEREAS, the County wishes to purchase 30.86 wetlands mitigation credits that will C�. 4 be generated by the Mitigation Area and Mitigation Plan (the "Wetlands Credits ") pursuant to CT'1% a the terms and conditions of this Agreement and subject to the requirements of the Mitigation b Plan; and =, WHEREAS, with the approval of USACE and United States Fish and Wildlife Service o ( "USFWS "), Barron Collier has the ability to create 2,000 panther habitat unit mitigation credits a (the "Panther Credits ") by dedicating primary zone panther habitat area owned by Barron Collier to the USFWS as a conservation easement area; and a WHEREAS, the County may wish to purchase up to 2,000 Panther Credits from Barron Collier pursuant to the terns and conditions of this Agreement, with the final number of Panther Credits required by the County to be later determined by USFWS. o WITNESSETH x oc e— NOW, THEREFORE, in consideration of Ten Dollars (10.00) and other good and valuable consideration exchanged amongst the parties, and in consideration of the covenants contained herein, the parties agree as follows: 1. All of the above RECITALS are true and correct and are hereby expressly incorporated herein by reference as 11'set forth fully below. Packet Page -227- 5/24/2011 Item 10.C. 2. CONDITIONS TO SALE; .ADDITIONAL CREDITS. The parties acknowledge that the Mitigation Plan, Wetlands Credits, and Panther Credits are subject to review and approval by third -party governmental entities under the Roadway Permits, and agree that Barron Collier's obligation to convey the Wetlands Credits and Panther Credits is conditioned on such approval. Both parties shall exercise a good faith and diligent effort to secure such approval. With respect to the Wetlands Credits and Mitigation Plan, Barron Collier shall prepare and submit a "time zero" report for approval by SFWMD following completion of the wetlands restoration and enhancement activities (the "Time Zero Report'. The Wetlands Credits and Mitigation Plan shall be deemed approved upon SFWMD's written acceptance of the Time Zero Report. The Panther Credits shall be deemed approved upon recordation of a conservation easement (from Barron Collier to USFWS) over primary zone panther habitat area (the "Conservation Easement "). To the extent necessary, the County shall cooperate with Barron Collier in securing such approval, including providing such information and executing such applications, petitions, and requests as may reasonably be necessary. This Agreement is limited rte_ to the specific number of Wetlands Credits and Panther Credits enumerated herein. Any excess c panther or wetlands mitigation credits above and beyond the Wetlands Credits and Panther Credits that are created by virtue of Barron Collier's fulfillment of its obligations under this a Agreement shall remain the sole and exclusive property of Barron Collier. In the event the Panther Credits and/or Wetlands Credits are not sufficient to mitigate the impacts of the Oil Well Road expansion (as reflected in the initial permit applications or in. any future permit modification), the County shall be responsible for separately securing any additional required r>~ panther or wetlands mitigation credits. c� 3. COUNTY ALTERNATIVE PHU SOURCE. The County expects to seek USACE and USFWS approval for an undetermined number of panther habitat unit mitigation credits (the "County PHUs ") created by restoring, enhancing, maintaining, and monitoring wetlands and habitat on a parcel of County -owned property commonly referred to as the "Starnes Parcel." In the event the County is able to secure final approval of County PHUs on the Starnes Property within one (1) year from the Effective Date of this Agreement, then -the following terms shall apply: A. The County PHUs (up to a maximum of 2,000 County PHUs) will be irrevocably "banked" and reserved by the County for the sole and exclusive benefit of Barron Collier, including without limitation the right to sell them under such terms as are desired by Barron Collier, in its sole discretion. In the event the number of County PHUs exceeds the number of Panther Credits required to mitigate the Oil Well Road expansion (as later determined by USFWS), then the excess County PHUs shall remain the property of the County and shall not be subject to the terms of this Agreement; and B. The conveyance, assignment, and banking of the County PHUs for the benefit of Barron Collier shall serve as an "in- kind" exchange (in lieu of the County's obligation to pay the corresponding portion of the Purchase Price described in Paragraph 4.B, below) for the corresponding number of Panther Credits being purchased by the County under this At.:reement. If the number of County PHUs is less than the required number of Panther Credits, then the County shall pay the corresponding portion of the Purchase Price for the difference between the required number of Panther Credits and the County PHUs. By way of example, if the County creates 1,000 County PHUs and is required by USFWS to secure 2,000 Panther Credits, then the County shall pay Barron Collier the corresponding cash portion of the Purchase Price for 1,000 Panther Credits and shall bank and reserve the 1,000 County PHUs for the benefit of Barron Collier in lieu of the Packet Page -228- 5/24/2011 Item 10.C. corresponding pro -rata portion of the Purchase Price cash payment allocable to the 1,000 County PHUs. As a condition to the County PHUs serving as an "in -kind" payment to Barron Collier for the corresponding number of Panther Credits, the County PHUs: 1. Must receive final approval by all applicable regulatory or governmental agencies within one (.1) year after the Effective Date of this Agreement; 2. must be subject to a USFWS conservation easement that obligates the County to monitor and maintain the related habitat and wetlands without contribution from Barron Collier; 3. must be freely transferable and assignable for value at the sole discretion and direction of Barron Collier; and 4. must otherwise have the characteristics, benefits, and value necessary to fulfill the intent of this Paragraph 3 that the County PHUs serve as an in -kind payment for the corresponding number of Panther Credits. The terms, obligations, and conditions of this Paragraph 3 shall survive transfer of the Wetlands Credits and the Panther Credits to the County and payment to Barron Collier of the Purchase Price. C:> co Or% 4. PURCHASE PRICE; PAYMENT. The estimated aggregate "Purchase Price" C*-J for the Wetlands Credits and Panther Credits is Three Million Five Hundred Forty -Nine 6 Thousand Four Hundred and Eighty Dollars ($3,549,480). The estimated Purchase Price is based on the following per -unit prices for the Wetlands Credits and the Panther Credits, and shall be adjusted based on the actual number of Panther Credits required by USFWS to mitigate the �'. Oil Well Road expansion: CD A. Wetlands Credits. The Wetlands Credits Purchase Price is Forty -Eight Thousand Dollars ($48,000) per Wetlands Credit for a total of One Million Four Hundred Eighty - One Thousand Two Hundred and Eighty Dollars ($1,481,280). Each of the 30.86 Wetlands Credits includes 8.96 "bundled" Panther Credits for a total of 276.5 bundled Panther Credits. The 276.5 bundled Panther Credits are included in the Purchase Price for the Wetlands Credits. Should the permitting agencies determine that approval of the Roadway Permits (either in their current state or as subsequently modified) require more than 30.86 Mitigation Credits, then Barron Collier may, in its sole discretion, agree to assist in providing the additional Mitigation Credits to the County upon mutually agreeable terms. In the case of such agreement, this Agreement shall be modified in writing to reflect terms acceptable to the parties for the creation and sale of such additional Mitigation Credits. In the event Barron Collier declines to provide such additional Mitigation Credits, then the County shall be solely responsible for securing same at its sole cost and expense. Any excess Mitigation Credits beyond the 30.86 credits contemplated by this Agreement created under the Roadway Permits shall inure to the benefit of Barron Collier who may utilize such excess credits as it deems appropriate, in its sole discretion B. Panther Credits. For the remaining option to purchase up to 1,723.50 Panther Credits that are not "bundled," the Purchase Price shall be $1,200 per Panther Credit, for a total of Two Million Sixty -Eight Thousand and Two Hundred Dollars ($2,068,200). In the event the permitting agencies determine that additional panther habitat unit mitigation credits beyond the estimated 2,000 are needed to mitigate the impacts of the Oil Well Road expansion, then the County will have the right to purchase such additional credits from Barron Collier (to the extent that Barron Collier has additional credits available for sale) at a per- credit cost of $1,200. The Purchase Price for the Wetlands Credits shall be paid as follows: 1. One -half (V2) shall be paid upon approval of the permits for the Mitigation Plan and Barron Collier's payment of the D..- I „r -r Packet Page -229- 5/24/2011 Item 10.C. corresponding performance bond; and 2. the remaining one -half (1/2) shall be paid within ten (10) days following SFWMD's written acceptance of the Time Zero Report. The Purchase Price for the Panther Credits shall be based on the actual number of Panther Credits required by USFWS, and shall be paid one (1) year from the Effective Date if the County is unable to satisfy all conditions for the creation, assignment, conveyance, and banking of the County PHUs (as enumerated in Paragraph 3, above). In the event the County PHUs are so created, assigned, and conveyed, and thereafter fail to satisfy the conditions stated in Paragraph 3, above, then the corresponding portion of the Purchase Price shall be paid to Barron Collier within ten (10) days after Barron Collier's notice to the County of such failure. The foregoing term shall survive transfer of the Wetlands Credits and the Panther Credits to the County and payment to Barron Collier of the Purchase Price. 5. DIVISION OF ROADWAY PERMIT RESPONSIBILITIES. The parties agree and acknowledge that the activities and improvements contemplated by the Roadway co Permits relate to both the construction of right -of -way improvements by Collier County and to the restoration, enhancement, and monitoring by Barron Collier of lands necessary for the creation of mitigation credits for the benefit of the Roadway Expansion. The parties wish to define their respective obligations with respect to the Roadway Permits, and to provide for modification of the Roadway Permits at the earliest possible opportunity to remove Barron ,b Collier as a named permittee. The parties accordingly agree as follows: mot+ r� A. Barron Collier Responsibilities. Barron Collier shall be responsible, at its sole cost and expense, for satisfying all obligations under the Roadway Permits to create Mitigation Credits within the Mitigation Area, including without limitation the restoration, recreation, maintenance, and monitoring of related wetlands habitat and conditions; the granting of a Conservation Easement in a form acceptable to the SFWMD and USAGE; and providing related financial assurances (collectively the "Mitigation Activities "). Barron Collier shall commence the Mitigation Activities upon occurrence of both of the following: 1. The Roadway Permits have been issued and are final; and 2. receipt by Barron Collier of a copy of the County's written Notice to Proceed directing the County's contractor to commence construction of the Roadway Expansion improvements. B. County Responsibilities. The County shall be responsible, at its sole cost and expense, for satisfying all obligations under the Roadway Permits related to construction of the Roadway Expansion, including without limitation the construction of all right -of- way improvements; the posting of any necessary performance bond, security, or alternative assurances for completion of said improvements; and the costs of securing approval and acceptance of the improvements (collectively the "Expansion Activities "). The County shall require that each contractor and subcontractor who provides services towards construction of the Roadway Expansion carry property damage and public liability insurance coverage in the following amounts with the County, Barron Collier, and Ave Maria Development, LLLP, named as additional insured parties (the "Required Insurance "): Auto /General Liability $2,000,000 Combined Single Limit $1,000,000 Any One Occurrence $1,000,000 Personal Injury 5500,000 Property Damage n...... 14 - r ? Packet Page -230- 5/24/2011 Item 10.C. The Required Insurance policy binders shall reflect that each additional insured party shall be indemnified on a primary and non - contributory basis utilizing an ISO standard endorsement at least as broad as CG 2010 (11/85), (policy or endorsement will include coverage for ongoing operations as well as products and completed operations) and shall include a waiver of subrogation clause in favor of each additional insured party. The County shall secure and provide copies of the corresponding policies for the Required Insurance to Barron Collier within ten (10) days following Barron Collier's written request for same. Upon completion of the Mitigation Activities and approval /acceptance thereof by SFWMD, the parties will request for the ERP Permit to be modified to remove the Mitigation Area and Barron Collier therefrom and to reflect the County as the sole permittee for the construction, operation, and maintenance of the remaining improvements associated with the Oil Well Road project. The parties agree to fully cooperate in so modifying the ERP Permit. Both parties agree that as co- applicants for the ERP Permit, each retains the right to accept or reject the final permit and conditions. Should either party withdraw from the ERP Permit C, application, the terms of this Agreement shall terminate. 6 Legal Matters w G. This Agreement shall not be constructed or characterized as a development agreement under the Florida Local Government Development Agreement Act. Cr c-� 7. The burdens of this Agreement shall be binding upon, and the benefits of this CD Agreement shall inure to, all successors in interest to the parties to this Agreement. 8. In the event state or federal laws are enacted after the execution of this Agreement, which are applicable to and preclude in whole or in part the parties' compliance with the terms of this Agreement, then in such event this Agreement shall be modified or revoked as is necessary to comply with such laws, in a many which best reflects the intent of this Agreement. The invalidity of one or more terms or conditions in this Agreement shall not affect the validity of the remaining portion of the Agreement, provided that the material purposes of this Agreement can be determined and effectuated. 9. Except as otherwise provided herein, this Agreement shall only be amended by mutual written consent of the parties hereto or by their successors in interest. All notices and other communications required or permitted hereunder shall be in writing and shall be sent by Certified Mail., return receipt requested, or by a nationally recognized overnight delivery service, and addressed to the parties as follows (or such other address of which a party hereto shall give notice):. For the County: Name /Title: County Manager Address: 3001 Tamiami Trail, East Naples, .Florida 34112 Phone: 239 -252 -8383 Fax: 239 -252 -4010 With copies to: Administrator, Transportation Division :address: ?885 S. Horseshoe Drive 01.,_.. 1Z Packet Page -231- 5/24/2011 Item 10.C. Naples, Florida 34104 Phone: 239- 252 -8192 Fax: 239- 252 -2726 For Barron Collier: Name /Title: David B. Denson; Vice President of Engineering Address: 2600 Golden Gate Parkway; Naples, Florida 34105 Phone: 239 - 262 -2600 Fax: 239 - 403 -6808 With copies to: Notice shall be deemed to have been given on the next successive business day to the date of the courier, if sent by nationally recognized overnight delivery service, or if delivered by Certified Mail, upon actual receipt. 10. Barron Collier shall execute this Agreement prior to it being submitted for approval by the Board of County Commissioners. The Effective Date of the Agreement shall be the date that it is approved by the Board of County Commissioners at a duly noticed public hearing. in the event this Agreement has not been so approved by the Board of County Commissioners within sixty (60) days after execution by Barron Collier, then it shall be deemed terminated and rendered null and void. This Agreement shall be recorded by the County in the Official Records of Collier County, Florida, within fourteen (14) days after the Effective Date. Barron Collier shall pay all costs of recording this Agreement. The County shall provide a copy of the recorded document to Barron Collier upon request. 11. In the event of any dispute under this Agreement, the parties shall attempt to resolve such dispute first by means of the County's then - current Alternative Dispute Resolution ( "ADR ") Procedure, if any. Following the conclusion of such procedure, if any, either party may file an action for injunctive relief in the Circuit Court of Collier County to enforce the terms of this Agreement, and remedy being cumulative with any and all other remedies available to the parties for the enforcement of the Agreement. This Agreement shall be interpreted without regard to any presumption or other rule requiring interpretation against the party causing this Agreement or any part thereof to be drafted. 12. This Agreement constitutes the entire agreement between the County and the parties with respect to the activities noted herein. All prior representations, undertakings, and oral agreements by or between the parties hereto with respect to the subject matter of this Agreement are merged into, and expressed in, this Agreement, and any and all prior representations, undertakings, and oral agreements by and between such parties with respect thereto hereby are canceled. This Agreement is not intended to amend or modify any other written Agreement between the parties with respect to the Oil Well Road project. Packet Page -232- George L. Varnadoe, Esquire Cheffy Passidomo Wilson & Johnson, LLP 821 5`t' Avenue South Naples, .Florida 34102 Phone: 239 -261 -9300 a Fax: 239 - 261 -9782 Notice shall be deemed to have been given on the next successive business day to the date of the courier, if sent by nationally recognized overnight delivery service, or if delivered by Certified Mail, upon actual receipt. 10. Barron Collier shall execute this Agreement prior to it being submitted for approval by the Board of County Commissioners. The Effective Date of the Agreement shall be the date that it is approved by the Board of County Commissioners at a duly noticed public hearing. in the event this Agreement has not been so approved by the Board of County Commissioners within sixty (60) days after execution by Barron Collier, then it shall be deemed terminated and rendered null and void. This Agreement shall be recorded by the County in the Official Records of Collier County, Florida, within fourteen (14) days after the Effective Date. Barron Collier shall pay all costs of recording this Agreement. The County shall provide a copy of the recorded document to Barron Collier upon request. 11. In the event of any dispute under this Agreement, the parties shall attempt to resolve such dispute first by means of the County's then - current Alternative Dispute Resolution ( "ADR ") Procedure, if any. Following the conclusion of such procedure, if any, either party may file an action for injunctive relief in the Circuit Court of Collier County to enforce the terms of this Agreement, and remedy being cumulative with any and all other remedies available to the parties for the enforcement of the Agreement. This Agreement shall be interpreted without regard to any presumption or other rule requiring interpretation against the party causing this Agreement or any part thereof to be drafted. 12. This Agreement constitutes the entire agreement between the County and the parties with respect to the activities noted herein. All prior representations, undertakings, and oral agreements by or between the parties hereto with respect to the subject matter of this Agreement are merged into, and expressed in, this Agreement, and any and all prior representations, undertakings, and oral agreements by and between such parties with respect thereto hereby are canceled. This Agreement is not intended to amend or modify any other written Agreement between the parties with respect to the Oil Well Road project. Packet Page -232- 5/24/2011 Item 10.C. 13. The individuals signing this Agreement on behalf of each party represents and warrants that he or she has the full power and authority to execute this Agreement for the party upon whose behalf he or she is executing same and that upon such execution, such party shall be fully bound by each and every provision of this Agreement. 14. Nothing contained herein shall be deemed or construed to create between or among any of the parties any joint venture or partnership nor otherwise grant to one another the right, authority or power to bind any other party hereto to any agreement whatsoever. Unless expressly stated herein to the contrary, nothing in this Agreement, whether express or implied, is intended to confer any rights or remedies under or by reason of this Agreement on any persons other than the parties and their respective legal representatives, successors and permitted assigns. Nothing in this Agreement is intended to relieve or discharge the obligation or liability of any ,J PC third persons to any party to this Agreement, nor shall any provision give any third persons any right of subrogation or action over or against any party to this Agreement. 15. This Agreement may be executed in separate counterparts, each of which when so executed shall be an original, but all of which together shall constitute but one and the same c instrument. rte.. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be �* executed by their appropriate officials, as of the date first above written. cr Attest: BOARD OF COUNTY COMMISSIONERS DWIGHT E.'BIQCK, Clerk COLLIER C TY, FLORID By , By: Deputy Clerk Donna Fiala, Chairman �tern.ar��y ATTEST: KIM D. DAVIDSON ATT T: KIM D. DAVIDSON Corporate Seal BARRON COLLIER PARTNERSHIP, LLLP �"Julict C. Sproul, Ag nt By: _rt Bradley A. Boa7,'Agent Packet Page -233- COLLIER COUNTY Barron Collier Investments, Ltd. 2600 Golden Gate Parkway Naples, FL 34105 Phone (239)262 -2600 / Fax (2.39)262 -2589 REMIT TO: Customer #: COLLIER COUNTY Date 03/02/2011 Panther Credits Invoice# Amount INVO0474 1,863,120.00 5/24/2011 Item 10.C. 2600 Golden Gate Parkway Naples, FL 34105 Reference 1,863,120.00 Total Invoice Amount 1,863,120.00 I1-FA L S""' T- r,aic rnrav ca11 l.1 ni-MITTIANCE Packet Page -234-