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Agenda 04/09/2019 Item #16A504/09/2019 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $68,477 which was posted as a guaranty for Excavation Permit Number PL20170004286 for work associated with White Lake Corporate Park Lot 1A. OBJECTIVE: To release a security which was posted as a development guaranty. CONSIDERATIONS: The Development Review Division routinely accepts securities administratively as guaranties for developer commitments in accordance with Section 22-115 of the Collier County Code of Ordinances. The work associated with this security has been inspected and the developer has fulfilled his commitments with respect to this security. The Performance Bond was posted as security for an Excavation Permit associated with White Lake Corporate Park Lot 1A. The As-Built lake cross sections have been received and the lake has been inspected by the Development Review Division. 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 $68,477. Development Review staff 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. Bond Basis (PDF) 16.A.5 Packet Pg. 686 04/09/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.5 Doc ID: 8224 Item Summary: Recommendation to authorize the Clerk of Courts to release a Perfor mance Bond in the amount of $68,477 which was posted as a guaranty for Excavation Permit Number PL20170004286 for work associated with White Lake Corporate Park Lot 1A. Meeting Date: 04/09/2019 Prepared by: Title: Technician – Growth Management Development Review Name: Lucia Martin 03/01/2019 8:31 AM Submitted by: Title: Project Manager, Principal – Growth Management Department Name: Matthew McLean 03/01/2019 8:31 AM Approved By: Review: Growth Management Operations & Regulatory Management Stephanie Amann Additional Reviewer Completed 03/01/2019 10:05 AM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 03/01/2019 3:22 PM Growth Management Department Judy Puig Level 1 Reviewer Completed 03/06/2019 2:35 PM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 03/07/2019 3:55 PM Growth Management Development Review Chris Scott Additional Reviewer Completed 03/11/2019 12:55 PM Growth Management Department Matthew McLean Additional Reviewer Completed 03/12/2019 9:17 AM Growth Management Department Thaddeus Cohen Department Head Review Completed 03/13/2019 2:12 PM Growth Management Department James C French Deputy Department Head Review Completed 03/14/2019 7:17 PM County Attorney's Office Scott Stone Level 2 Attorney Review Completed 03/15/2019 9:02 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 03/15/2019 9:11 AM Office of Management and Budget Laura Wells Level 3 OMB Gatekeeper Review Completed 03/15/2019 9:57 AM Budget and Management Office Mark Isackson Additional Reviewer Completed 03/21/2019 9:46 AM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 04/01/2019 4:15 PM Board of County Commissioners MaryJo Brock Meeting Pending 04/09/2019 9:00 AM 16.A.5 Packet Pg. 687 WHITE LAKE CORPORATE PARK LOT 1A LOCATION MAP 16.A.5.a Packet Pg. 688 Attachment: Location Map (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) EXCAVATION PERFORMANCE AGREEMENT THIS EXCAVATION PERFORMANCE AGREEMENT entered into this 29th day of January, 2018 between Titan Florida, LLC hereinafter referred to as "Developer," and the Board of County Commissioners of Collier County, Florida, hereinafter referred to as the "Board". WHEREAS, Developer has applied for an excavation permit in accordance with Section 22-106, et al. of the Collier County Code of Laws and Ordinances, and the Collier County Land Development Code, including but not limited to Section 3.05.10 (collectively, the "Excavation Regulations"); and WHEREAS, the Excavation Regulations require the Developer to post appropriate guarantees and execute an Excavation Performance Security Agreement stating applicant will comply with the Excavation Regulations and Excavation Permit No. PL20170004286 (the "Excavation Permit"). 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 agrees to comply with the Excavation Regulations and the Excavation Permit (the "Excavation Work"). 2.Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $68,477.00. 3.In the event of default by Developer or failure of Developer to complete the Excavation Work within the time required by the Excavation Regulations and Excavation Permit, Collier County, may call upon the excavation performance security to insure satisfactory completion of the Excavation Work. 4.The Excavation Work shall not be considered complete until Developer notifies the County that the Excavation Work is complete and the final Excavation Work is reviewed and approved by the County Manager or designee for compliance with the Excavation Regulations. 5.The County Manager or designee shall, within sixty (60) days of receipt of notification by Developer in writing that the Excavation Work is complete, either: a)notify Developer in writing of his approval of the Excavation Work; or b) notify the Developer in writing of his refusal to approve the Excavation Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County Manager's approval of the Excavation Work. 6.In 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 excavation performance security to secure satisfactory completion, repair and maintenance of the Excavation 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 Excavation Work. The Developer, as principal under the excavation performance security, shall be liable to pay and to indemnify the Board, upon 16.A.5.b Packet Pg. 689 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) 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 Developer to fulfill all of the provisions of this Agreement. 7.All of the terms, covenants and conditions herein contained are and shall be binding upon Developer and the respective successors and assigns of Developer. IN WITNESS WHEREOF, the Board and Developer have caused this Agreement to be executed by their duly authorized representatives this · 'I"' day of T Mu t::j , 2018. SIGNED IN THE PRESENCE OF: � �°fn?e"cfN��y Sign#� 'K,.Sjen•I L,.�IA:KJ<.. Printed Name ATTEST: DWIGHT E. BROCK, CLERK By: _____ _ Deputy Clerk as to form and legality: Scott A. Stone Assistant County Attorney Tita "!ifj�� By: '.).,A-,. l I William Kissel / Senior Environmental Manager BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA By �f-' g/4J8 as designee of the County Manager pursuant to Resolution No. 2015-162 16.A.5.b Packet Pg. 690 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) €tllo,+"A tz=q37'il b. The Performance Bond for Excavation Work shall be substantially as follows PERFORMANCE BOND FOR EXCAVATION WORK KNOW ALL PERSONS BY THESE PRESENTS: thAt Titan Florida LLC 455 Fairway Drive, Ste 200 Deerfield Beach, FL 33441 (hereinafter referred to as "Owner") and Fidelity and Deposit Company of Maryland 1299 Zurich Way Schaumburg, lL 60196-1056 (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 Sixty-Eight Thousand Four Hundred and Seventy-Seven Dollars ($68,477) 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 a certain excavation permit no. PL20'170004286 and that certain excavation permit shall include specific improvements which are required by Collier County Ordinances and Resolutions (hereinafter "Land Development Regulations"). This obligation ofthe Surety shall commence on the date this Bond as executed and shall continue until the date of completion of the work and approval by the County of the specific improvements described in the Land Development Regulations (hereinafter the "Guaranty Period") or until replaced by a new bond in the event of a change of Ownership. NOW, THEREFORE, if the Owner shallwell, truly and faithfully perform its obligations and duties in accordance with the Land Development Regulations during the guaranty peraod 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 Owner'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 fullforce 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 16.A.5.b Packet Pg. 691 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) 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 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. lN WITNESS WHEREOF. the to be executed this - 1r"- day of -_-WITNESSES: Name'.5aa7rc l* u. (|on;s parties hereto have caused this PERFORMANCE BOND'-rT^* r .20 l? Titan Florida LLC By: ACKNOWLEDGEMENT Iar",Fn (,Ffer\ t V l, C-' t (,*,r) ,a P TH OF p Lx sr.<-S**0or rinted Name: srArE or I li5;l a- e$fuoFnor(JL OING PERFORMANCE BOND WAS KN 2ol8 ,BY LLC WHO I RSONALL TO ME, IDENTIFICATION Notary Public - State or..j.]rf6jnrr---.."'i',.'ililil3',,- -" s")'* oi o;v "'!..o+tz -'\.' -'^-rodA Il '.i :5t"u"i,ii'il,oN:<:-: .-., i.t"' ""'yprnes j -a : TJ* .![,]^1. "€.s',79w:;;,'i*o1].s'rrrri'r'".,,,rr' rinted Name rei (. AS BEFORE ME AS 16.A.5.b Packet Pg. 692 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) WITNESSES Name Tacye /;,,e lrr. Har. i t Jah^sic ),&rt Name r Uircin,c* or nxfa/K Fidelity ACKNOWLEDGEMENT pany of Maryland E ME THIS 2'r'T/NV (TTTLE) OF (NAME OF AS (sEAL) H n-Fact STATE Oci.l- G€U|}{+Y TH OF EGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFOR IS IDENTIFICATION. Notary Public - State of , '1. Lrtrc r nd-u rinted Name (aw,*-.':*"*'t'iii;', isi'-".'fi:'t:ili =i? : rrrtV C_u,t'|,'oes ..t F -:t-cA\.. E\l'nozt ..t.q-t j,4r:*a;; 16.A.5.b Packet Pg. 693 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) ZURICH AMERICAN INSURANCE COMPANY COLONIAL AMERICAN CASUALTY AND SURBTY COMPANY FIDELITY AND DEPOSIT COMPANY OF MARYLAND POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That the ZURICH AMERICAN INSURANCE COMPANY, a corporation of the State of New York, the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY, a corporation of the State of Maryland, and the FIDELITY AND DEPOSIT COMPANY OF MARYLAND a corporation of the State of Maryland (herein collectively called the "Companies"), by DAVID MCVICKER, Vice President, in pursuance of authority granted by Article V, Section 8, of the By-Laws of said Companies, which are set forth on the reverse side hereof and are hereby certified to be in full force and effect on the date hereof, do hereby nominate, constitute, and appoint Hunter FALK, of Norfolk, Virginia, its true and lawful agent and Attorney-in-Fact, to make, execute, seal and deliver, for, and on its behalf as surety, and as its act and deed: any and all bonds and undertakings, and the execution of such bonds or undertakings in pursuance ofthese presents, shall be as binding upon said Companies, as fully and amply, to all intents and purposes, as if they had been duly executed and acknowledged by the regularly elected officers of the ZURICH AMERICAN INSURANCE COMPANY at its office in New York, New York., the regularly elected offrcers of the COLONIAI AMERICAN CASUAITY AND SURETY COMPANY at its office in Owings Mills, Maryland., and the regularly elected offrcers of the FIDELITY AND DDPOSIT COMPANY OF MARYLAND at its office in Owings Mills, Maryland., in their own proper persons. The said Vice President does hereby certi$, that the extract set forth on the reverse side hereof is a true copy ofArticle V, Section 8, of the By-Laws of said Companies, and is now in force. IN WITNESS WHEREOF, the said Vice-President has hereunto subscribed his/her names and affixed the Corporate Seals of the said ZURICH AMERICAN INSURANCE COMPANY, COLONIAL AMERICAN CASUALTY AND SLIRETY CONIPANY, and FIDELITY AND DEPOSIT COMPANY OF MARYLAND, this 4th day of January, A.D. 2018. ATTEST: ZURICH ANIERICAN INSURANCE COMPANY COLONIAL AMERICAN CASUALTY AND STIRETY COMPANY FIDELITY AND DEPOSIT'COMPANY OF IIIARYLAND I LJ 4{/A. I I a) '{, qvt Assistant Secretary Dawn E. Brown Vice President David McVicker State of MarylandFOR YOUR PROTECTION, County of Baltimore LOOK FOR THE ZURICH WATERMARK On this 4th day of January, A.D. 2018, before the subscriber, a Notary Pubiic of the State of Maryland, duly commissioned and qualified, DAVID MCVICKER, Vice President, and DAWN E. BROWN, Assistant Secretary, of the Companies, to me personally known to be the individuals and officers described in and who executed the preceding instrument, and acknowledged the execution of same, and being by me duly swom, deposeth and saith, that he/she is the said offlcer ofthe Company aforesaid, and that the seals affixed to the preceding instrument are the Corporate Seals ofsaid Companies, and that the said Corporate Seals and the signature as such officer were duly affixed and subscribed to the said instrument by the authority and direction of the said Corporations. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seat the day and year first above written. /1 i-\l-cr^.f*.2(J L*Jw' Constance A. Dunn, Notary Public My Commission Expires: July 9, 2019 SEAL 1@ POA-F 176-2890 llt 16.A.5.b Packet Pg. 694 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) EXTRACT FROM BY-LAWS OF THE COMPANIES "Article V, Section 8, Attomeys-in-Fact. I'he Chief Executive Officer, the President, or any Executive Vice President or Vice President may, by written instrument under the attested corporate seal, appoint attomeys-in-fact with authority to execute bonds, policies, recognizances, stipulations, undertakings, or other like instruments on behalf of the Company, and may authorize any officer or any such attorney-in-fact to affix the corporate seal thereto; and may with or without cause modify ofrevoke any such appointment or authority at any time." CERTIFICATE I, the undersigned, Vice President of the ZURICH AMERICAN INSURANCE COMPANY, the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY, and the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, do hereby certifr that the foregoing Power of Attorney is still in full force and effect on the date of this certificate; and I do lurther certifl that Article V, Section 8, of the By-Laws of the Companies is stilt in force. This Power of Attomey and Certificate may be signed by facsimile under and by authority of the following resolution of the Board of Directors of the ZURICI{ AMERICAN INSURANCE COMPANY at a meeting duly catled and held on the l5th day of December 1998. RESOLVED: "That the signature of the President or a Vice President and the attesting signature of a Secretary or an Assistant Secretary and the Seal of the Company may be affixed by facsimile on any Power of Attomey...Any such Power or any certificate thereof bearing such facsimile signature and seal shall be valid and binding on the Company." This Power of Attomey and Certificate may be signed by facsimile under and by authority of the following resolution of the Board of Directors of the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY at a meeting duly called and held on the 5th day of May, 1994, and the follorving resolution of the Board of Directors of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and held on the lOth day of May, 1990. RESOLVED: "That the facsimile or mechanically reproduced seal of the company and facsimile or mechanically reproduced signature ofany Vice-President, Secretary, or Assistant Secretary ofthe Company, whether made heretofore or hereafter, wherever appearing upon a certified copy of any power of attorney issued by the Company, shall be valid and binding upon the Company with the same force and elfect as though manually affixed. WHEREOF, I have hereunto subscribed my name and affixed the corporate seals of the said Companies, this o1'20& fijr {J-j Michael Bond, Vice President TO REPORT A CLAIM WITH REGARD TO A SURETY BOND, PLEASE SUBMIT ALL REQUTRED INFORMATION TO: Zwich American lnsurance Co Attn: Surety Claims 1299 ZwichWay Schaumburg, IL 601 96-1056 190E EEALtrt 16.A.5.b Packet Pg. 695 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) 3t20t2018 Detail by Entity Name Drvtsrott op Conponltrons \ al'/, j,r.,e4i.Org # l)tvtisti ai lU:*rti,t\'!!r_tt t) utt ,riitr ut! .lttttlt r$ I'ktrukt *tit ^t!t QepartmslpLStale / Division of Corpqi{iqtg / Search Records / Detail By_Dggg4neOLIU11heI / Detail by Entity Name Foreign Limited Liability Company TITAN FLORIDA LLC Filing lnformation Document Number M01000001507 FEI/EIN Number 51-0405873 Date Filed 0710912001 State DE Status ACTIVE Last Event LC NAME CHANGE Event Date Filed 0113012014 Event Effective Date NONE Principallkle[es! 1151 AZALEA GARDEN RD. NORFOLK, VA23502 Mailing Address 1151 AZALEA GARDEN RD. NORFOLK, VA23502 Registered Agent Name & Address CORPORATION SERVICE COMPANY 1201 HAYS STREET TALLAHASSEE, FL 32301 -2525 Authorized Person(s) Detail Name & Address Title CEO Zarkalis, Vassilios 1151 AZALEA GARDEN ROAD NORFOLK, VA 23502 Title VP, General Counsel and Secretary Rafferty, Jennifer M 1151 AZALEA GARDEN ROAD NORFOLK, VA23502 Title VP, CFO http://search.sunbiz.org/lnquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=lnitial&searchNameOrder=TlTANFLO... 113 16.A.5.b Packet Pg. 696 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) 3t2012018 Detail by Entity Name WILT, JR., LAWRENCE H 1151 AZALEA GARDEN ROAD NORFOLK, VA 23502 Title President Title DIRECTOR OF TAX FITTLER, KAREN V 1151 AZALEA GARDEN RD NORFOLK, VA 23502 TitIE DIRECTOR OF FINANCE BOHRER, JANE 1151 AZALEA GARDEN RD NORFOLK, VA23502 Title ASSISTANT SECRETARY Peterson, Carl J. 1151 AZALEA GARDEN RD NORFOLK, VA 23502 Title Senior Vice President Reed. Walter 1151 AZALEA GARDEN RD NORFOLK, VA 23502 Title VP Brown, Steven W 1151 AZALEA GARDEN RD NORFOLK. VA 23502 Title Senior Vice President Pantazopoulos, George 1151 AZALEA GARDEN RD NORFOLK, VA 23502 Tille Chief Legal Counsel Christy, John W 1,151 AZALEA GARDEN RD. NORFOLK, VA 23502 Dunlap, Randy P 1151 AZALEA GARDEN RD NORFOLK, VA 23502 htp://search sunbrz.org/lnquiry/corporationsearch/searchResultDetail?inquirytype=EntityName&directionlype=lnitial&searchNameorder=TITANFLo 2t3 16.A.5.b Packet Pg. 697 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A) a TT'TANANtrER.rcA lSlt ldwrY Dr{r !t!ft.200 D..rndd 8...n' FL 3It6 S€,pt€mber 25, 2017 Regulatory Ageocies (FDEP and any others) Vsrdors Consultants, and those similr Der Sir/1\ifadam, This letter authorizes the signature of Mr, William Ki$el, Sr. Eovirosnental Mmagc(, for Titstr Florida LLC, as Auttrorizcd Rcprcsentativc for the purposes of pcrmit ryplicafioos (Including brnHing permits), modifications, raewals, etc. rogarding gov€rmeatal mafi€s fo( facilities owaed operated or conholled by Titan Amcrica Ll,C q Titan Florida Il.,tC. Regards, President STATE OF FLORIDA COTJNTY OF Ero.^rr rd Tbe foragoing instrr.rment was aclnowlerlged beforc mc this 37 day of 2017, by Randy Drmlap, Presideat Tftao florida LI,C. ot8ry v #l.ollh*$rdh,U Gdnr Elr{ l.'cotr.ttLEi E rI'lO E*! otllltlotr My commission cxpires t -tL- t1 Re: LetterofAuthorlzedon f Jf 16.A.5.b Packet Pg. 698 Attachment: Bond Basis (8224 : Excavation Bond Release - White Lake Corporate Park Lot 1A)