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Backup Documents 03/12/2013 Item #16A 7ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO 6 A 7 THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. The completed routing slip and original documents are to be forwarded to the County Attorney Office at the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Attorney Office no later than Monday preceding the Board meeting. Complete routing lines #I through #2 as appropriate for additional signatures, dates, and/or information needed. If the document is already complete with the exception of the Chairman's signature, draw a line through routing lines #I through #2, complete the checklist, and forward to the County Attorney Office. Route to Addressees (List in routing order) Office Initials Date 1. appropriate. (Initial) Applicable) 2. March 12, 2013 Agenda Item Number 16 -A7 3. County Attorney Office County Attorney Office p L4 ! W I 4. BCC Office Board of County Commissioners Number of Original Documents Attached 2 — Agreement & Bond 5. Minutes and Records Clerk of Court's Office PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed iq the event one of the .AA.acomo ah— may —Arl to rnntnrt etaff fnr nririitinnal nr miccin9 information_ / Name of Primary Staff John Houldsworth Phone Number x -5757 Contact / Department appropriate. (Initial) Applicable) Agenda Date Item was March 12, 2013 Agenda Item Number 16 -A7 Approved by the BCC Does the document need to be sent to another agency for additional signatures? If yes, JH Type of Document Attached Construction & Maintenance Agreement, Performance Bond Number of Original Documents Attached 2 — Agreement & Bond 3. Original document has been signed/initialed for legal sufficiency. (All documents to be PO number or account signed by the Chairman, with the exception of most letters, must be reviewed and signed JH number if document is by the Office of the County Attorney. to be recorded All handwritten strike - through and revisions have been initialed by the County Attorney's N/A INSTRUCTIONS & CHECKLIST 1: Fors/ County Forms/ BCC Forms/ Original Documents Routing Slip W WS Original 9.03.04, Revised 1.26.05, Revised 2.24.05; Revised 1130/12 Initial the Yes column or mark "N /A" in the Not Applicable column, whichever is Yes N/A (Not appropriate. (Initial) Applicable) 1. Does the document require the chairman's original signature? JH 2. Does the document need to be sent to another agency for additional signatures? If yes, JH provide the Contact Information (Name; Agency; Address; Phone) on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman, with the exception of most letters, must be reviewed and signed JH by the Office of the County Attorney. 4. All handwritten strike - through and revisions have been initialed by the County Attorney's N/A Office and all other parties except the BCC Chairman and the Clerk to the Board 5. The Chairman's signature line date has been entered as the date of BCC approval of the JH document or the final negotiated contract date "whichever is applicable. 6. "Sign here" tabs are placed on the appropriate pages indicating where the Chairman's signature and initials are required. 7. In most cases (some contracts are an exception), the original document and this routing slip NIA should be provided to the County Attorney Office at the time the item is input into SIRE. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on March 12.2013 and all changes made during the meeting have been incorporated in the attached document. The County Attorney's Office has reviewed the changes, if applicable. 9. Initials of attorney verifying that the attached document is the version approved by the BCC, all changes directed by the BCC h ve been made, and the document is ready for the Chairman's signature. r- 1: Fors/ County Forms/ BCC Forms/ Original Documents Routing Slip W WS Original 9.03.04, Revised 1.26.05, Revised 2.24.05; Revised 1130/12 16 A7 MEMORANDUM Date: April 17, 2013 To: John Houldsworth, Senior Engineer Engineering Services Department From: Teresa Cannon, Deputy Clerk Minutes & Records Department Re: Camden Lakes - Construction & Maintenance Agreement, Performance Bond and Plat Attached for your records is a copy of the document referenced above (Agenda Item #16A7) adopted by the Board of County Commissioners Tuesday, March 12, 2013. If you have any questions, please feel free to contact me at 252 -8411. Thank you. Attachment Cckru,sle.vv, Lakes CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS 16 A 7 THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS entered into this lath day of Mara) / / , 2013 between Jen Florida VI,LLC hereinafter referred to as "Developer", and the Board of County Commissioners of Collier County, Florida, hereinafter referred to as the "Board". RECITALS: A. Developer has, simultaneously with the delivery of this Agreement, applied for the approval by the Board of certain plat of a subdivision to be known as: Camden Lakes B. Chapters 4 and 10 of the Collier County land Development Code requires the Developer to post appropriate guarantees for the construction of the improvements required by said subdivision regulations, said guarantees to be incorporated in a bonded agreement for the construction of the required improvements. 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: 1. Developer will cause to be constructed: SUb44I✓fSl OY1 I m prDve,m7hd-S within 12 months from the date of approval of said subdivision plat, said improvements hereinafter referred to as the required improvements. 2. Developer herewith tenders its subdivision performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of$1,321,898.74 - which amount represents 10% of the total contract cost to complete the construction plus 100%of the estimated cost to complete the required improvements at the date of this Agreement. 3. In the event of default by the Developer or failure of the Developer to complete such improvements within the time required by the Land Development Code, Collier may call upon the subdivision performance security to insure satisfactory completion of the required improvements. 4. The required improvements shall not be considered complete until such a statement of substantial completion by Developer's engineer along with the final project records have been furnished to be reviewed and approved by the County Manager or his designee for compliance with the Collier County Land Development Code. 5. The County Manager or his designee shall, within sixty(60) days of receipt of the statement of substantial completion, either: a) notify the Developer in writing of his preliminary approval of the improvements, therewith specifying those conditions which the Developer must fulfill in order to obtain the County Manager's approval of the improvements. However, in no event shall the County Manager or his designee refuse preliminary approval of the improvements if they are in fact constructed and submitted for approval in accordance with the requirements of this Agreement. 6. The Developer shall maintain all required Improvements for a minimum period of one year after preliminary approval by the County Manager or his designee. After the one year maintenance period by the Developer has terminated,the developer shall petition the County Manager or his designee to inspect the required improvements. The County Manager or his designee shall inspect the improvements and, if found to be still in compliance with the Land Development Code as reflected by final approval by the Board, the Board shall release the remaining 10% of the subdivision performance security. The Developer's responsibility for maintenance of the required Improvements shall continue unless or until the Board accepts maintenance responsibility for and by the County, 16 A7 7. Six (6) months after the execution of this Agreement and once within every six (6) months thereafter the Developer may request the County Manager or his designee to reduce the dollar amount of the subdivision performance security on the basis of work complete. Each request for a reduction in the dollar amount of the subdivision performance security shall be accompanied by a statement of substantial completion by the Developer's engineer together with the project records necessary for review by the County Manager or his designee. The County Manager or his designee may grant the request for a reduction in the amount of the subdivision performance security for the improvements completed as of the date of the request. 8. In the event the Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure, the County Manager or his designee may call upon the subdivision performance security to secure satisfactory completion, repair and maintenance of the required improvements. The Board shall have the right to construct and maintain, or cause to be constructed or maintained, pursuant to public advertisement and receipt of acceptance of bids, the improvements required herein. The Developer, as principal under the subdivision performance security,shall be liable to pay and to indemnify the Board, upon completion of such construction, the final total cost to the Board thereof, including, but not limited to,engineering, legal and contingent costs,together with any damages, either direct or consequential, which the Board may sustain on account of the failure of the Developer to fulfill all of the provisions of this Agreement. 9. All of the terms, covenants and conditions herein contained are and shall be binding upon the Developer and the respective successors and assigns of the Developer. IN WITNESS WHEREOF, the Board a..d the Developer have caused this Agreement to be executed by their duly authorized representatives this I a'1 �1" lay of a rcIii / , 20 )$ . SIGNED IN THE PRESENCE OF: JEN Florida VI, LLC ¢y:Sun Terra C m 'ties I, LLC By: Printed Name John Kraynick,Co-manager Printed Name/Title (President,VP,or CEO) (Provide Proper Evidence of Authority) Pri - . me, imikAk rip°ATTEST: ®—� !�tditchis4 DWIGHT E. BROCK,CLERK BOARD •F COUNTY COMMISSIONERS OF COLLIER COON , LbR DA Qat\AL. t S By: s,g e Deputy Clerltt !, tii ,aeo q ` . fti Iet'r '6i•)C tirvvoman tlgnatUtO Obi3 • J Approved as to form and legal sufficiency: pp...m..4 01 ,L_Ho - V111-17;11i. Peel a . I a PERFORMANCE BOND KNOW ALL PERSONS BY THESE PRESENTS: that Pulte Home Corporation 24311 Walden Center Drlve Ste 300 Bonita Springs FL 34134 (Hereinafter referred to as "Owner") and Atlantic Specialty Tnsuranrp GampaD 77 Water Street New York, NY 10005 16 A7 � BOND NO. 800005565 (Name of Owner) (Address of Owner) (Address of Owner) (Name of Surety) (Address of Surety) (Address of Surety) (212) 440 -6522 (Telephone Number) (hereinafter referred to as "Surety") are held and firmly bound unto Collier County, Florida, (hereinafter referred to as "County") in the total aggregate sum of °~ """'"' ° ''°""°`''"""'"'""'"' Dollars ($ 1,321.698.74 ) 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 is such that whereas, the Owner has submitted for approval by the Board of a certain subdivision plat named CAMDEN LAKES PHASE 1 and that certain subdivision 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 final acceptance by the Board of County Commissioners of the specific improvements described in the Land Development Regulations (hereinafter the "Guaranty Period "). NOW THEREFORE, if the Owner shall well, truly and faithfully perform its obligations and duties in accordance with the Land Development Regulations during the guaranty period established by the County, and the Owner shall satisfy all claims and demands incurred and shall fully indemnify and save harmless the County from and against all costs and damages which it may suffer by reason of owners 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 notice 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 16 A7 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 other documents shall include any alteration, addition or modification of any character whatsoever. IN WITNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 28th day of March / 2013 1 WITNESSES: (Owner Name and Title if Corporation) Pulte Home Corporation By. Printed Name Printed Name/Title Robert Porter, Assistant Secretary (Provide Proper Evidence of Authority) Printed Name n/a ACKNOWLEDGEMENT STATE OF Michigan COUNTY OF Okkland THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS DAY OF 28th_ / March / . 2013 by Robert Porter (NAME OF ACKNOWLEDGER) AS Asst. Secy. (TITLE) OF Pulte HOw Corporation (NAME OF COMPANY) WHO IS PERSONALLY KNOW TO ME, OR HAS PRODUCED known AS iDE "JTIFICATION. Notary Public —State of liICHGAN (SEAL} SHIRLEY E. NUTCHINS NOTARY PUBLIC, STATE OF W Printed Name irley E. Hutchins Atlantic Specialty Insurance Company S=srct7 { BY: Dawn L. Morgan FL License No. P011322 COUNTY OF WAYNE MY COMMISSION EXPIRES Mar 30, 2017 ACTING IN COUNTY OF Approved as to form & legal sufficiency .. MM I! One Beacon 'NS'jRANrE GROUP Power of Attorney No. 2005575 KNOW ALL MEN BY THESE PRESENTS, that ATLANTIC SPECIALTY INSURANCE COMPANY, a New York corporation with its principal office in Minnetonka, Minnesota, does hereby constitute and appoint: Jim Moore, Stephen Kazmer, Dawn Morgan, Tariese Pisciotto, Melissa Schmidt, each individually if there be more than one named, its true and lawful Attorney-in-Fact, to make, execute, seal and deliver, for and on its behalf as surety, any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, provided that no bond or undertaking executed under this authority shall exceed in amount the sum of: twenty-five million dollars(S25,000,000) and the execution of such bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof in pursuance of these presents, shall be as binding upon said Company as if they had been fully signed by an authorized officer of the Company and sealed with the Company seal. This Power of Attorney is made and executed by authority of the following resolutions adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012: Resolved: That the President, any Senior Vice President or Vice - President (each an "Authorized Officer "), may execute for and in behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and affix the seal of the Company thereto; and that the Authorized Officer may appoint and authorize an Attorney -in -Fact to execute on behalf of the Company any and all such instruments and to affix the Company seal thereto; and that the Authorized Officer may at any time remove any such Attomey -in -Fact and revoke all power and authority given to any such Attomey -in- Fact. Resolved: That the Attomey -in -Fact may be given full power and authority to execute for and in the name and on behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof, and any such instrument executed by any such Attomey -in -Fact shall be as binding upon the Company as if signed and sealed by an Authorized Officer and, further, the Attomey -in -Fact is hereby authorized to verify any affidavit required to be attached to bonds, recognizances, contracts of indemnity, and all other writings obligatory in the nature thereof. This power of attomey is signed and sealed by facsimile under the authority of the following Resolution adopted by the Board of Directors of ATLANTIC SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012: Resolved: That the signature of an Authorized Officer and the Company seal may be affixed by facsimile to any power of attorney or to any certificate relating thereto appointing an Attorney-in-Fact for purposes only of executing and sealing any bond, undertaking, recognizance or other written obligation in the nature thereof, and any such signature and seal where so used, being hereby adopted by the Company as the original signature of such officer and the original seal of the Company, to be valid and binding upon the IN WITNESS WHEREOF, ATLANTIC SPECIALTY INSURANCE COMPANY has caused these presents to be signed by an Authorized Officer and the seal of the Company to be affixed this ninth day of October, 2012. ?�4 40PPORgIE,�Z�'•L _A y SEAL m; Y 1986 01 By STATE OF MINNESOTA ',-t 4, voP�"a r HENNIPEN COUNTY „d 1 �+ paaok4 Paul H. McDonough, Senior Vice President On this ninth day of October, 2012, before me personally came Paul H. McDonough, Senior Vice President of ONEBEACON INSURANCE COMPANY, to me personally known to be the individual and officer described in and who executed the preceding instrument, and he acknowledged the execution of the same, and being by me duly sworn, that he is the said officer of the Company aforesaid, and that the seal affixed to the preceding instrument is the seal of said Company and that the said seal and the signature as such officer was duly affixed and subscribed to the said instrument by the authority and at the direction of the Company. T 1, the undersigned, Secretary of ONEBEACON INSURANCE COMPANY, a New York Corporation, do hereby certify that the foregoing power of attorney is in full force and has not been revoked, and the resolutions set forth above are now in force. Signed and sealed. Dated 2 Rth day of Marrh , _M 3 This Power of Attorney expires October 1, 2014 � 10 GpPPOR�l<c�n? ice SEAL m; r 1986 o,l y� ►Fw voe.� b f >1 k ra +„ Power of Attorney not valid without blue border I�iGV ' Virginia McCarthy, Secretary KI 16 A7 State of Illinois) } ss.i County of Dupage } On March 28, 2013, before me, Tariese M. Pisciotto, a Notary Public in and for said County and State, residing therein, duly commissioned and sworn, personally appeared Dawn L. Morgan known to me to be Attorney -in -Fact of Atlantic Specialty Insurance Company the corporation described in and that executed the within and foregoing instrument, and known to me to be the person who executed the said instrument in behalf of the said corporation, and he duly acknowledged to me that such corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year stated in this certificate above. My mmission Expires June 26, 2014 a6ese M. Pisciotto, Notary Public Commission No. 560807 OFFICIAL SEAL T.k fESE M PISCIOTTO NOTA,�Y PUBL!C, STATE OF ILLINOIS MY COfvlfvhSSiO d EXPIRES 612E 2014 Camden Lakes (F.K.A. Royal Palm Academy) PHASE I Performance Bond Wastewater Water Irrigation Drainage Paving Earthwork Landscaping Lighting SUB -TOTAL 10 %O &M TOTAL: SUMMARY Amount $313,528.25 $127,865.00 $80,475.50 $165,097.20 $421,082.38 $8,677.80 $40,000.00 $45,000.00 $1,201,726.13 $120,172.61 $1,321,898.74 Notes: 1) This Opinion of Probable Cost (OPC) shall be used for Permitting Purposes Only. 2) This OPC is based on the engineer's understanding of the current rules, regulations, ordinances, and construction costs in effect on the date of this document. Interpretations of these construction costs may affect this OPC, and may require adjustments to delete, decrease, or increase portions of this OPC. 3) All costs provided in this OPC are based on recent contract prices, or the engineer's latest known unit costs. These costs cannot be guaranteed at this time due to unpredictable and uncontrollable increases in the cost of concrete, petroleum, or the availability of materials and labor. Jere1S; Date Florida J:128601 Camden Lak"\ExwWedormanea Bond lip � O 11 16- A7 16 A7 q WASTEWATER Original Description Quantity Unit Unit Prix Amok 6" Single PVC Sewer Service w/ Cle anent 6 EA $575.00 $3,450.00 6" Doable PVC Sewer Service w/ Cleanout 34 EA $750.00 $25,500.00 8" PVC Samtay Sawa SDR 26 4,113 LF $25.50 $104,881.50 Mw&k 4' Diameter with IET Coating 17 EA $4,000.00 $68,000.00 Television Inspection 4,113 LF $1.00 $4,113.00 Connect to Emstm Force Main 1 EA $2,500.00 $2,500.00 4 "PVCFonxMainDR -18 531 LF $14.25 57,566.75 4" HIRE Directional Bore 1 LF $17.00 $17.00 Pomp Station 1 EA $97,500.00 $97,500.00 TOTAL= 5313,528.25 16 A7 WATER Description Quantity Unit Unit Pace Amouml P Single Water Service, Complete 5 EA $600.00 $3,000.00 1 1R" Double Water Services Complde 34 EA $1,250.00 $42,500.00 6" PVC Water Main (C900 Class 150) 3,153 LF $13.50 $42,565.50 6" PVC Water Main (C900 Class 200) 86 LF $15.00 $1,290.00 8" PVC Water Main (C900 Class 150) 466 LF $17.50 $8,155.00 8" PVC Water Made (C900 Class 200) 49 LF $21.00 $1,029.00 10" PVC Water Main (C900 Class 150) 432 LF $21.50 $9,288.00 10" HDPE Directional Bore Pipe 77 LF $20.50 $1,578.50 Fite Hydrant 7 EA $2,287.00 $16,009.00 CotmecttoFadsting Water Main 1 EA $1,850.00 $1,850.00 Temporary Blow Off 2 EA $300.00 $600.00 TOTAL = $127,865.00 16 A7 IRRIGATION Estimated Description Quantity Unit Unit Price Amount 4" PVC Irr. Main (C900, Class 150) 3,629 LF $9.50 $34,475.50 4" Temp. Blow-Off 2 EA $1,250.00 $2,500.00 Single Irrigation Service, Complete 5 EA $860.00 $4,300.00 Double Irrigation Service, Complete 35 EA $1,120.00 $39,200.00 TOTAL s 580,475.50 16 A7 DRAINAGE Estimated Description Quantity Una Unit Price Amount 15" RCP 1,045 LF $22.60 $23,617.00 18" RCP 483 LF $25.40 $12,26820 24" RCP 816 LF $31.50 $25,704.00 30" RCP 640 LF $41.00 $26,240.00 36" RCP 172 LF $59.00 $10,148.00 15" Flared End 1 EA $650.00 $650.00 24" Flared End 4 EA $820.00 $3,280.00 30" Flared End 1 EA $1,000.00 $1,000.00 36" Flared End 1 EA $1,200.00 51,200.00 Control Structure 2 EA $3,500.00 $7,000.00 Valley Goa Inlet 14 EA $1,885.00 $26,390.00 ]unction Box 3 EA $2,000.00 $6,000.00 Type "C" Gzate Inlet 9 EA $2,400.00 $21,600.00 TOTAL = $165,097.20 16 A7 PAV'WG Description Estimated Quantity Unit Unit Price Amount Signing and Maddng 1 LS $10,000.00 $10,000.00 vwley Ginter 7,680 IF $4.75 $36,480.00 Type "F" Curb dt Gutter 295 LF $12.50 $3,687.50 4" Concrete Sidewalk akddomed) 4,245 SY $30.71 $130,365.33 3/4" Asphaltic Concrete (Type S-M) First Lift 9,411 SY $5.50 $31,760.50 3/4" Asphaltic Concrete (Type S-M) Second Lift 9,411 SY $3.50 $51,760.50 8" Limerock Base (compacted and primed) 12,073 SY $8.50 $102,620.30 12" Stabilized Snbgrade (Onshe Material) 12,073 SY $2.83 $34,408.05 TOTAL = $421,082.38 EARTHWORK Esdmated Description Quantity Unit Unit Price Amount Sod (1' Behind Curb) 531 2' Silt Fence 4,857 SY $125 $663.75 LF $1.65 $8,014.05 TOTAL = $8,677.80 LANDSCAPING Estimated Description Quantity Unit Unit Price Amount Landscape ib A7 LS x40,000.00 $40,000.00 TOTAL - $40,000.00 6 .. 16 A7 LIGHTING ]>W ipdon Quantity Unit Unit Price Amount Light Fixtures 18 EA $2,500.00 $45,000.00 TOTAL w $45,000.00 16 Ai JEN FLORIDA VI, LLC RESOLUTIONS WHEREAS, the Co- Managers of JEN Florida VI, LLC, a Florida limited liability company (the "Company") are JEN Partners, LLC, a Delaware limited liability company, as Co- Manager, and Sun Terra Communities I, LLC, a Florida limited liability company, as Non - Member Co- Manager, and this certification of the Resolutions set forth hereafter is signed by Reuben S. Leibowitz as the Managing Member of JEN Partners, LLC, in its capacity as Co- Manager of the Company, and Richard A. Jerman, as the Co- Managing Member of Sun Terra Communities 1, LLC, in its capacity as Non - Member Co- Manager of the Company. THEREFORE, the undersigned, do hereby consent to, ratify, adopt and certify for the records of the Company, the following as the actions of the Company: RESOLVED, that the Company desires to acquire certain real property located in Collier County, Florida, known as Royal Palm Academy, and simultaneously enter into an Assignment and Assumption Agreement, Option Agreement and Construction Agreement for the development and sale of lots within the Property to Pulte Homes Corporation; and RESOLVED, that Sun Terra Communities 1, LLC is hereby authorized to execute the necessary documents on behalf of the Company to finance, acquire, sell, develop and entitle the property and otherwise accomplish the aforementioned desires, including, but not limited to, the execution of Contracts, Assignments, Option Agreements, Construction Agreements and other closing documents for said transaction, and to otherwise take appropriate action in order to close the transaction and fulfill the obligations of the Company pursuant to such documents. IN WITNESS WHEREOF, the undersigned have executed and delivered these Resolutions as of Mwe. i 2012. JEN FLORIDA VI, LLC a Florida limited liability company By: JEN Partners, LLC, a Delaware limited liability company, its Co- Manager �ke- Reuben S. Leibowitz Title: Managing Member By: Sun Terra Communities 1, LLC, a Floridannited liability company, its Name: Richard A. PMERM CORMen Florida v1 ReWuti=dm Title: Co- Managirn IN WITNESS WHEREOF, the undersigned has executed this Agreement as of the date first above written. JEN III LP, a Delaware limited partnership Acknowledged and agreed to by the Co- Managers: JEN PARTNERS, LLC, a Delaware limited liability company By: Name: euben S. Leibowitz Title: Managing Member SUNTERRA COMMUNnUS I, LLC, a Florida limited liability company Name: Richard J Title: Manager By: N : John ynick Ti er BY: JEN Partners, LLC, its general partner By: Name. eRde::uben S. Leibowitz Title: Managing Member FAUSERSUICORPUEN Florida Vi Opaadq Agremwt vl.doc