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Agenda 09/25/2018 Item #16A 909/25/2018 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $130,340 which was posted as a development guaranty for an Early Work Authorization (EWA) (PL20180001798) for work associated with Winding Cypress Phase 3. _____________________________________________________________________________________ OBJECTIVE: To release a security which was posted as a development guaranty. CONSIDERATIONS: The Growth Management Department routinely accepts securiti es administratively as guaranties for early work improvements pursuant to Section 10.01.02 B of the Land Development Code (LDC). The work associated with this security has been inspected and the developer has fulfilled his commitments with respect to this security. The performance security was posted as security for clearing and site filling associated with an Early Work Authorization for Winding Cypress Phase 3 PPL, (PL20170003951). On June 26, 2018, the PPL was approved by the Board of County Commissioners. Once the construction plans and plat for this project are approved, the bond is no longer required. A recent inspection confirmed that the developer has fulfilled the commitments of the EWA. FISCAL IMPACT: There is no fiscal impact associated with this action. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this action. LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a majority vote for Board approval. - SAS RECOMMENDATION: To authorize the Clerk of Courts to release the Performance Bond in the amount of $130,340. 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: Lucia S. Martin, Technician, Development Review Division ATTACHMENT(S) 1. Location Map (PDF) 2. Performance Agreement & Bond (PDF) 16.A.9 Packet Pg. 894 09/25/2018 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.9 Doc ID: 6485 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $130,340 which was posted as a development guaranty for an Early Work Authorization (EWA) (PL20180001798) for work associated with Winding Cypress Phase 3. Meeting Date: 09/25/2018 Prepared by: Title: Technician – Growth Management Development Review Name: Lucia Martin 08/21/2018 3:12 PM Submitted by: Title: Project Manager, Principal – Growth Management Department Name: Matthew McLean 08/21/2018 3:12 PM Approved By: Review: Growth Management Department Judy Puig Level 1 Reviewer Completed 08/21/2018 4:21 PM Growth Management Operations & Regulatory Management Stephanie Amann Additional Reviewer Completed 08/21/2018 5:43 PM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 08/22/2018 9:36 AM Growth Management Development Review Chris Scott Additional Reviewer Completed 08/27/2018 12:34 PM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 08/28/2018 7:59 AM Growth Management Department Matthew McLean Additional Reviewer Completed 08/28/2018 10:04 AM Growth Management Department Thaddeus Cohen Department Head Review Completed 08/28/2018 2:54 PM Growth Management Department James C French Deputy Department Head Review Completed 08/30/2018 5:59 PM County Attorney's Office Scott Stone Level 2 Attorney Review Completed 08/31/2018 3:08 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/04/2018 7:13 AM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 09/04/2018 10:03 AM Office of Management and Budget Allison Kearns Additional Reviewer Completed 09/06/2018 6:56 PM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 09/17/2018 1:52 PM Board of County Commissioners MaryJo Brock Meeting Pending 09/25/2018 9:00 AM 16.A.9 Packet Pg. 895 WINDING CYPRESS PHASE 3 LOCATION MAP 16.A.9.a Packet Pg. 896 Attachment: Location Map (6485 : Bond Release - Winding Cypress Phase 3 EWA) WHEREAS, the Early Work Regulations require Developer to post appropriate pedormance guarantees t-o ensure compliance with the Early Work Regulations and Early Work Authorization Permit No. PLtonOaO tf fg (the "Early Work Permit"). EARLY WORK PERFORMANCE AGREEMENT THIS EARLY WORK PERFORMANCE AGREEMENT entered into tnis 1"1'"/ day ot , 20 li , between Divosta Homes L.P. hereinafter referred to as "Developer," and the Board of County Commissioners of Collier County, Florida, hereinalter rererred to as the "Board". WHEREAS, Developer has applied lor an early work authorization in accordance with the Collier County Land Development Code including but not limited to Section 10.01 .02.8 (collectively, the "Early Work Regulations"); and NOW, THEREFORE, in consideration of the foregoing premises and mutual covenants hereinafter set forth, Developer and the Board do hereby covenanl and agree as follows: Developer agrees to comply with the Early Work Regulations and the Early Work Permit (the "Early Work"). Developer herewith tenders its early work performance security (attached hereto as Exhibit "A" and by relerence made a part hereof) in the amount of $130,340.00. ln the event of default by Developer or failure ol Developer to complete the Early Work within the time required by the Early Work Regulations and Early Work Permit, Collier County, may call upon the early work performance security to insure satisfactory completion of the Early Work. The Early Work shall not be considered complete until Developer notifies the County that the Early Work is complete and the final Early Work is reviewed and approved by the County Manager or designee for compliance with the Early Work Regulations. The County Manager or designee shall, within sixty (60) days ol receipt of notification by Developer in writing that the Early Work is complete, either: a) notify Developer in writing of his approval ol the Early Work; or b) notify Developer in writing of his refusal to approve the Early Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County Manager's approval oI the Early Work. ln the event Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure, the County Manager or designee may call upon the early performance security to secure satisfactory completion, repair and maintenance ol the Early Work. The Board shall have the right to construct and maintain, or cause to be constructed or maintained, pursuant to public advertisement and receipt and acceptance of bids, the Early Work. The Developer, as principal under the early peformance 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 1 2 3 4 6 5. 16.A.9.b Packet Pg. 897 Attachment: Performance Agreement & Bond (6485 : Bond Release - Winding Cypress Phase 3 EWA) 7 the Board may sustain on account of the failure of Developer to fulfill all of the provisions of this Agreement. All of the terms, covenants and conditions herein contained are and shall be binding upon Developer and the respective successors and assigns of Developer. DiVosta Homes L.P. lN WITNESS WHEREOF, the Board and Developer haye caused this Agreement to be executed by their duly authorized representatives this .i ?-''"/ day of i!'l :i rr 20 iY . ----------T- SIGNEDlN THE PRESENCE OF: sisn:fu6kft Prr 6^r,*e- Printed Name Printed Name ATTEST: DWIGHT E. BROCK, CLERK Deputy Clerk Ap as to form and legality: Scott A. Stone Assistant County Attorney Printed Name/Titl L sisn:/zraLl rtrrfutft*n P,Jsl+rL L,/(President, VP, or CEO) Provide Proper Evidence of Authority) BOARD OF COUNTY COMMISS OF COUNTY.$'t^ as designee of the County Manager pursuant to Resolution No. 2015-162 frY- 16.A.9.b Packet Pg. 898 Attachment: Performance Agreement & Bond (6485 : Bond Release - Winding Cypress Phase 3 EWA) Exhibit A PERFORMANCE BOND FOR EARLY WORK AUTHORIZATIONS KNOW ALL PERSONS BY THESE PRESENTS: that Divosta Homes, LP 2431 l Walden Center Dr., Suite 300 Bonita Springs FL 34134 (hereinafter referred to as "Developer") and Liberty Mutual lnsurance Company 2815 Forbs Avenue, Suite 1 02 Hoffman Estates lL 60192 847 -396-7132 Bond No. 268011295 (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 one hundred thirty thousand three hundred forty dollars ($130,340.00) 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. Developer and Surety are used for singular or plural, as the context requires. THE CONDITION OF THIS OBLIGATION is such that whereas, the Developer has submitted for approval by the Board a certain Early Work Authorization Permit No. PL20180001798 and that certain Early Work Authorization 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 completion of the work and approval by the County of the specific improvements described in the Land Development Regulations, or until issuance of a subsequent final development order such as an Site Development Plan (SDP) or Subdivision Plat and Plans (PPL) (hereinafter the "Guaranty Period")or until replaced by a new bond in the event of a change in Developer. NOW, THEREFORE, if the Developer 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 Developer shall satisfy all claims and demands incurred and shallfully indemnify and save harmless the County from and against all costs and damages which it may suffer by reason of Developer's 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, exlension 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 Developer 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. 16.A.9.b Packet Pg. 899 Attachment: Performance Agreement & Bond (6485 : Bond Release - Winding Cypress Phase 3 EWA) lN WITNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 11rh day of May, 20'18. WITNESSES: Ross Ripple J. Ni s Sarris ACKNOWLEDGEMENT STATE OF GEORGIA COUNTY OF FULTON THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS 11th DAY OF May,2018, BY D. Bryce Langen AS VP & Treasurer OF Divosta Homes, LP, WHO lS PERSONALLY KNOWN TO ME. Notary Public - State of Georgia Shirle Hutchins Libe rty u al lnsurance Company B Ross Ripple Gre . Riv Attorney-in-Fact STATE OF Georgia COUNTY OF Fulton THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS 11th DAY OF May,2018, BY Gregory S. Rives, AS Attorney-in-Fact OF Liberty Mutual lnsurance Company, WHO lS PERSONALLY KNOWN TO ME. Notary Public - State of Georgia SEAL h rley E. H SHIRTEY E HUTCHINS Notary Public - Stale ol G€oeia Fulton County lvy Commission Expires Mar 18,2022 SH IRL E E HUIC H IN s PublicNotary Slate Georgja ullo Counl Commiss Mat 2022 r4-Els-02650 6 tchins Divosta Homes, LP su, ll LLu t - - D. Bryce Langen, VP & Treasurer /1-r/,zr&> (SEAL) WITNESSES: A-tl,r* t. trtichdaslarris ACKNOWLEDGMENT 16.A.9.b Packet Pg. 900 Attachment: Performance Agreement & Bond (6485 : Bond Release - Winding Cypress Phase 3 EWA) aioXo trG OtoDoo9 PE o.= ahoo .=!,o o o o G o o (!)! ao L tl,o E o (g o oz o o o, 3o o- ,9 ! o Eo o E Loo o E(! o? o) coo Eoo() $N @IN(O @ ao (o t (Eo THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. this,Power of Aftorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated. Certificate p6. 7917473 Liberty Mutual lnsurance Company The Ohio Casualty lnsurance Company West American lnsurance Company POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS: That The Ohio Casualty lnsurance Company is a corporation duly organized under the laws of the State of New Hampshire, that Liberty iilutual lnsurance Company is a corporation duly organized under the laws of the Stale of Massachusetts, and West American lnsurance Company is a corporation duly KellvMarie Conlon; Kim Hill; Ross lrwin: D. Bryce Lanqen; Jean Marusgk; Brien O'Meara; James Ossowski; Ellen Padesky Maturen; Greqory S. Rives; Kallv Vnakam .lamac Torrmor all of the city of Atlanta state oi GA each individually if there be more than one named, its true and lawful attorney-in-fact to make, execule, seal, acknowledge be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. lN WITNESS WHERE0F, thrs Power of Attorney has been subscribed by an authorized officer or offlcial of the Companies and the corporate seals of the Companies have been affixed theretothis 19th dayof October , 2017 The 0hio Casualty lnsurance Company Mutual lnsurance Company West lnsurance Company By: STATE OF PENNSYLVANIA COUNTY OF MONTGOMERY SS David M Secretary On this 19th day of october , 2017 , before me personally appeared David M. Carey, who acknowledged himself to be the Assistant Secretary of Liberty Mutual lnsurance Company, The Ohio Casualty Company, and West American lnsurance Company, and that he, as such, being authorized so to do, execute the foregoing instrument for the purposes therein conlained by signing on behalf of the corporations by himself as a duly aulhorized officer. lN WITNESS WHEREOF, I have hereunto subscribed my and affixed my notarial seal at King of Prussia, Pennsylvania, on the day and year first above written COMMONWEALTH OF PENNSYLVANIA D,*, il,frll-Noiarial Seal Toresa Pastella, Nolary Public Upper Merion Twp.. Montgomery Counly My Comnri$ion Expi.es M8rch 28,2021 By: Teresa Pastella, Notary Public Mernber. Pennsylvanin AssGiation ol Notarios Thrs Power of Attorney is made and executed pursuant and by authority of the following By-laws and Authorizations of The Ohio Casualty lnsurance Company, Liberty Mutual lnsurance Company, and West American lnsurance Company which resolutions are now in full force and effect reading as follows: the provisions of this article may be revoked at any time by the Board, the Chairman, the President or by the officer or officers granting such power or authority. executed such instruments shall be as binding as if signed by the president and attested by the secretary. fact as may be necessary to act on behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Company, wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds, shall be valid and binding upon the Company with the same force and effecl as though manually affixed. l, Renee C. Llewellyn, the undersigned, Assistant Secrelary The Ohio Casuatty lnsurance Company, Liberty Mutual lnsurance Company, and West American lnsurance Company do hereby certify that the original power of Attorney by said Companies, is in full lorce and efrect and ,, l{has not been revoked. lN TESTIMONY WHEREOF. I have 1L)1 2 '1991 * I9i 9 1912 1 991 LMS_1 2873_02201 7 day of By: Renee C.Secretary 1 05 of 200 I 16.A.9.b Packet Pg. 901 Attachment: Performance Agreement & Bond (6485 : Bond Release - Winding Cypress Phase 3 EWA)