Agenda 01/28/2020 Item #16A 5 (Clerk release of Escrow Agreement - City Gate Commerce Park Phase 3)01/28/2020
`EXECUTIVE SUMMARY
Recommendation to authorize the Clerk of Courts to release an Escrow Agreement in the amount
of $18,444.75 which was posted as a guaranty for subdivision improvements, PL20170002331, for
work associated with City Gate Commerce Park Phase Three Plat.
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 10.02.04 of the Collier County Land
Development Code. Collier County has purchased Lots 26-28 via Warranty Deed OR Book 5505, Page
3919 (Lot 26), Warranty Deed OR Book 5505, Page 3922 (Lot 27), and Warranty Deed OR Book 5505,
Page 3925 (Lot 28). On March 26, 2019, the Board of County Commissioners (BCC), approved a
contract with Manhattan Construction (Agenda Item 11C), to perform the remaining work associated with
the approved PPL PL20170002331. As all work is now secured by Collier County, the remaining escrow
balance is not required.
FISCAL IMPACT: The existing security in the amount of $18,444.75 will be released upon Board
approval. The original security in the amount of $202,892.25 has been reduced to the current amount
based on the previous work performed and completed and pursuant to the terms of the Construction,
Maintenance and Escrow Agreement dated April 13, 2018.
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. - SAA
RECOMMENDATION: To authorize the Clerk of Courts to release the Escrow Agreement in the
amount of $18,444.75. 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: David Anthony, Site Plans Reviewer, Development Review Division
ATTACHMENT(S)
1. Bond Basis (PDF)
2. Location Map (PDF)
3. Plat Map (PDF)
4. Warranty Deed - Lot 26 (PDF)
5. Warranty Deed - Lot 27 (PDF)
6. Warranty Deed - Lot 28 (PDF)
16.A.5
Packet Pg. 1290
01/28/2020
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.A.5
Doc ID: 11174
Item Summary: Recommendation to authorize the Clerk of Courts to release an Escrow
Agreement in the amount of $18,444.75 which was posted as a guaranty for subdivision improvements,
PL20170002331, for work associated with City Gate Commerce Center Phase Three Plat.
Meeting Date: 01/28/2020
Prepared by:
Title: Technician – Growth Management Development Review
Name: Lucia Martin
12/19/2019 4:09 PM
Submitted by:
Title: Project Manager, Principal – Growth Management Department
Name: Matthew McLean
12/19/2019 4:09 PM
Approved By:
Review:
Growth Management Department Judy Puig Level 1 Reviewer Completed 12/20/2019 11:43 AM
Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 12/20/2019 3:23 PM
Growth Management Operations & Regulatory Management Rose Burke Additional Reviewer Completed 12/23/2019 8:06 AM
Growth Management Development Review Chris Scott Additional Reviewer Completed 12/23/2019 8:22 AM
Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 01/02/2020 8:47 AM
Growth Management Department Matthew McLean Additional Reviewer Completed 01/02/2020 9:30 AM
County Attorney's Office Sally Ashkar Level 2 Attorney Review Completed 01/07/2020 9:15 AM
Growth Management Department Thaddeus Cohen Department Head Review Completed 01/07/2020 3:53 PM
Growth Management Department James C French Deputy Department Head Review Completed 01/08/2020 2:45 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 01/09/2020 8:03 AM
Grants Debra Windsor Level 3 OMB Gatekeeper Review Completed 01/09/2020 8:27 AM
Office of Management and Budget Laura Zautcke Additional Reviewer Completed 01/13/2020 9:41 AM
County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 01/21/2020 12:32 PM
Board of County Commissioners MaryJo Brock Meeting Pending 01/28/2020 9:00 AM
16.A.5
Packet Pg. 1291
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[*?,Y'I"REEMENT
CITY GATE COMMERCE CENTER, PHASE THREE PL.AT
THIS AGREEMENT (the "Escow Agreement") entered into this $1r, of April, 2O18 by
CC 11, LLC, a Florida limiled liability company, (hereinafter "Developer"), joined in by 850 M.N,
LLC, a Florida timited tiability company, and THE BOARD OF COUNTY COMMISSIONERS
OF COLLIER COUNTY, FLORIDA, (hereinafter, the "Board") and ROGER B. RICE, P.A.
(hereinafter "Escrow Agent" ).
RECITALS:
A. Developer has, simultaneously with the delivery of this Agreement, applied for the
approval by the Board of a certain plat of a subdivision to be known as City Gate Cornmerce Center,
Phase Three Plat ("Plat").
B. The subdivision will include certain improvements which are required by Collier
County ordinances. A portion of the required improvements for the Plat shall be constnrcted by
the Developer, as set forth in a site construction cost estimate ("Estimate") prepared by Davidson
Engineering, Inc., a copy of which is attached hereto and incorporated herein as Exhibit l. For
purposes of this Agreement, the "Required Improvements" are limited to those described in the
Estimate.
C. Sections 10.02.05 (C) and 10.02.04 of the CollierCounty Subdivision Code Division
of the Unified Land Development Code requires the Developer to provide appropriate guarantees
for the construction and maintenance of the Required Improvements.
D. Devetoper and the Board have acknowledged that the amount Developer is required
to guarantee pursuant to this Agreement is $202,892.25 and this amount repre$ents $184,447.50
for the Estimated Remaining Costs to be incurred to complete the Required Improvements, plus
$18,444.75 or 107o of the total estimated cost of the Required Improvemenk.
NOW, THEREFORE, in consideration of the foregoing premises and mutual covenants
hereinafter set forth, Developer, the Board and the Escrow Agent do hereby covenant and agree as
follows:
L Developer will cause the water, sewer, roads, drainage and like facilities, the Required
Improvements, to be constructed pursuant to specifications that have been approved by the County
Manager or his designee within fifteen (15) months from the date of approval of said subdivision
plat.
Z. Developer hereby authorizes Escrow Agent to hold $202,892.25 (the "Escrow Funds"), in
escrow, pursuant to the terms of this Agreement.
3. Escrow Agent agrees to hold the Escrow Funds, to be disbursed only pursuant to this
Agreement.
Page 1 of4
16.A.5.a
Packet Pg. 1292 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
4. The escrowed funds shall be released to the Developer only upon written approval of the
County Manager or his designee who shall approve the release of the funds on deposit not more
than once a month to the Developer, in amounts due for work done to date based on the percentage
completion of the work multiplied by the respective work cost less ten percent (lU%o).
Further, upon completion of the work, the County Manager or his designee shall approve the
release of any remainder of Escrow Funds except to the extent of $18,444.75 which shall remain
in escrow as a Developer guaranty of maintenance of the Required Improvements for a minimum
period of one (l) year pursuant to Paragraph 10 of this Agreement.
However, if Devetoper fails to comply with the requirements of this Agreement, then the Escrow
Agent agrees to pay to the County immediately upon demand the balance of the Essrow Funds, as
of the date of the demand, provided that upon payment of such balance to the County, the County
will have executed and delivered to the Escrow Agent in exchange for such funds a statement to
be signed by the County Manager or his designee to the effect that:
(a) Developer, for more than sixty (60) days after written notification of such
failure, has failed to comply with the requirements of this agreement;
(b) The County, or its authorized agent, will complete the work called for under the terms of
the above-mentioned contract or will complete such portion of such work as the County, in its
sole discretion shall deem necessary in the public interest to the extent of the Escrow Funds then
held in escrow;
(c) The Escrow Funds drawn down by the County shall be used for construction of the
Required Improvements, engineering, legal and contingent costs and expenses, and to offset
any damages, either direct or consequential, which the County may sustain on account of the
failure of the Developer to cary out and execute the above-mentioned development work; and
(d) The County will promptly repay to the Developer any portion of the Escrow Funds not
expended in completion of the said development work.
5. Written notice to the Escrow Agent by the County specifying what amounts are to be paid to
the Developer shall constitute authorization by the County to the Escrow Agent for rclease of the
specified funds to the Developer. Payment by the Escrow Agent to &e Developer of the amounts
specified in a letter of authorization by the County to the Escrow Agent shall constitute a release
by the County and Developer of the Escrow Agent for the funds disbursed in accordance with the
letter of authorization from the County.
6. The Required Improvements shall not be considered complete until a statement of substantial
completion by Developer's engineer along with the final project records have been furnished to and
reviewed and approved by the County Manager or his designee for compliance with the Collier County
Subdivision Regulations.
Page 2 of 4
16.A.5.a
Packet Pg. 1293 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
7 . The County Manager or his designee shall, within sixty (60) days after receipt of the statement of
substantial completion, either: a) notify the Developer in writing of his preliminary approval of the
improvements; or b) notify the Developer in writing of his refusal to approve the improvements,
therewith specifying those conditions which the Developer must fulfill in order to obtain the
preliminary approval of the Required 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.
8. Should the funds held in escrow be insufficient to complete the
Required lmprovements, the Board, after duly considering the public interest, may (at its option)
complete the Required Improvements and resort to any and all legal remedies against the Developer.
9. Nothing in this Agreement shall make the Escrow Agent liable for any funds other than those
placed in deposit by the Developer in accordance with the foregoing provision; provided, that the Escrow
Agent does not release any monies to the Developer or to any other person except as stated in this
Escrow Agreement to include closing the account, or disbursing any funds from the account without
first requesting and receiving written approval from ttre County.
10. The Developer shall maintain all Required Improvements for one (1) year after preliminary
approval of the Required Improvements by the County Manager or his designee. After the one
(l) year maintenance period by the Developer and upon submission of a written request for
inspection, the County Manager or his designee shall inspect the Required Improvements and, if found
to be still in compliance with the Code as reflected by final approval of such improvements by the
Board, the Escrow Agent's responsibility to the Board under this Agreement shall automatically
terminate. 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.
11. AII of the terms, covenants and conditions herein contained are and shall be
binding upon the respective successors and assigns of the Developer and the Escrow Agent.
IN WITNESS WHEREOF, the Board and the,Qeveloper have caused this Agreement to
be executed by their duly authorized representatives tt i, $tOuy of April, 2018.
Signed,
CG II, LLC,
Iimited
Vice President
Name
Witness Printed Nanre
and delivered
of;
Page 3 of 4
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in the
Weber
Witggss Signaturc
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16.A.5.a
Packet Pg. 1294 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
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Witness Name
Witness Printed Name
ATTEST:
DWIGHTE. BROCK, Clerk
AS form
S A., Assistant County Attorney
Signature
Printed
Witness Name
JOINEDBY:
850 NWN, LLC,
a Florida liability company
BOARI)
By:
Its
otr'
,c
c -r:1!y.A.rlS Sot ;s, C\ra"'*q1'"t
ESCROW AGENT:
RICE, P.A.
By B. Ricc, Esq
Its President
Page 4 of 4
16.A.5.a
Packet Pg. 1295 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
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16.A.5.a
Packet Pg. 1296 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
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16.A.5.a
Packet Pg. 1297 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
Iix*ffitl)4.]km
P..|Y!.?P,P.N
4355 Radio Road, Suite 201
Naples, FL 34104
PH: 239.434.6060
Fan 239.439.6084
gitv Gate Commerce Pafk - Phase Three
SUMMARY OF CONSTRUCTION COSTS
Davidson Engineerlng lnc.
Prepared By: I JAW|(LW
Date Prepared: I 415/2A,3
Descriotior!
Earthwork $134,947.50
Pavement / Concrete S
Landscapin& lrrigation, and lighting s 49,500.00
Water Utilities s
Sanitary Utilities s
Drainage Utilities s
Total costs s LW,447.50
'Thi$ EOPCC lr lntended to provide estlmrtes for pemit fee8eneratlofl ooh.
r'This l! an estlrnttc of remalnlng constructlon coits ifter costs of ltemr to be completed by Colller County, pursuant to the purchBse
rnd Sab Agreement, d.ted oecembet 72,2AL7
'""6urrantee of mekrtenrn€e lof I yesr erthited at 518,44{.75 or 10* of ttle orlglnal
toPcc.$L8,44/.75
Total S 202,892.2s
I
16.A.5.a
Packet Pg. 1298 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
Grcrnrfi M anagernent Department
Developnent Revisn Division
December 14. 2018
Mr. Roger Rice, Esq.
9010 Strada Stella Ct.,#2A7
Naples. FL. 34109
RE: City Cate Commerce Center, Phase 3, PL20170002331
Constmction, Maintenance and Ilscrow Agreement
Dear Mr. Rice:
Please be advised that based on the work completed and inspected to date. the Escrow
Agreement may no\r'be reduced by $184.447.50. leaving an available balance of
$18,444.75. The remaining balance represents the required l07o maintenance security.
Upon a satistactory maintenance period of at least one yearr the developer may request a
final inspection and release of the remaining maintenance security.
If I can be ol'any further assistance to you in this regard, please let me know.
Sincerely,
$oAngftoaldtn*th
John R. Houldsworth
Senior Site Plans Reviewer
Derebg*ert kiuw Diuision. 28S |kfi Hqs$roe &irre . l$dor, HcriJa 34104. ?3&2$?-2ffi . $rr{ivr&govnd
16.A.5.a
Packet Pg. 1299 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
MEMORANDUM
TO:Joe Bianchi
Inspections Supenisor
FROM: John R. Houldsworth
Senior Site Plans Reviewer
RE; Escrory Draw Request for City Gate Commerce Park, Phase 3
DATE: December 12,2018
Attached, find informttion concerning the escrow draw request. Please conduct
an inspection and indicate if the request is acceptable.
jrh
Attachment
l&
16.A.5.a
Packet Pg. 1300 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
DAVIDS()Ni: t.i a") I r\J r r ${ i t{ {*.;
Civil Engineering ' Planning r Permitting
CELeBnATING,i'r,; YEang www.davidsonengineering.com
December 12, 2018
Mr. John Houldsworth
Collier County Growth Management
2800 N. Horseshoe Drive
Naples, FL 34104
City Gate Commerce Park PhaseThree PQA17WX|2331
Construdlon & Ma lnteno nce Escrow Ag reement - Overall Escrow Redu ction
John:
Please accept this letter to reguest a reduction to the consfiuction bond for CG ll, LLC and 850 NWN,
LLC. The current available balance of the bond is at $202,892.25 (110%), Please reduce the escrow
requirement from 110% to 10% or 578,444,75, As noted, the reduced amount represents 10% of the
overall estimate that was provided during the permitting phase. Please refer to the attached
breakdown showing the amount of work completed by the County on behalf of City Gate related to PPL
20170002331.
CG ll, LLC and 850 NWN, LLC entered into a construction, maintenance and escrow agreement with The
Board of County Commissioners of Collier County during the City Gate Phase Three Plat review
(P120170002331) and the County's purchase of Lots 25-28. Per the County Managers Office and the
BCC, Manhattan Construction, the authorized CMAR, will be performing the work associated with the
approved PPL P120170002331. Therefore, the escrow balance is not required (all work is now secured
by Collier County).
Should you have any questions or require additional information, please contact Josh Furth in our
office@239.434.5060orvialemail:iosh"@dM'
Sincerely,
$c
t",&.*|A
tdsh fruth
Vice President
fie
4365 Badio Road . Suile 2O1 Naples, Ft 34104 - P: (239| a34.6O60 . F: (239) 434-6084
1990 Main Street . Suite 750 ' Sarasota, Fl 34236 - P: (941| 309-5180
16.A.5.a
Packet Pg. 1301 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
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CITY GATE DEBITS TO COLLIER COUNTY
APPROVED PHASE O. SITE WORK s27,419.47
BCC APPROVED PHASE O - MISC WORK
$ 225,000.001tss22s,00o.006LIFT STATION
E
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'Refer to Fill Memo
The City Gate Debits represent the amount of work completed by the County
on behalf of City Gate related to PP120170002331.
CITY GATT CRENITS
CY 1.044,930.67
; *,BM,SS0.67
I t(27,4t9.47
slecc nppnovED pHAsE 0 - DRATNAGE woRK I LS tr7,147.50 $ 1?.147.50
1 LS s119,969.30 119,969.30
$w ; :.64,536.27
slcrw crrE - PHAsE l coNsrRucloN 1 t5 3564.319.92 564,319.92
zlcrw carr - NoN"srRUcruRAL nLL *EeutRIMENTs 13,795 CY g$.s0 ; 75,878.00
TOTAICITYG*TI OUBTTS ; 1,t29,?34"19
DTTTA
16.A.5.a
Packet Pg. 1302 Attachment: Bond Basis (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
CITY GATE COMMERCE PARK PHASE THREE
LOCATION MAP
16.A.5.b
Packet Pg. 1303 Attachment: Location Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.c
Packet Pg. 1304 Attachment: Plat Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.c
Packet Pg. 1305 Attachment: Plat Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.c
Packet Pg. 1306 Attachment: Plat Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.c
Packet Pg. 1307 Attachment: Plat Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.c
Packet Pg. 1308 Attachment: Plat Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.c
Packet Pg. 1309 Attachment: Plat Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.c
Packet Pg. 1310 Attachment: Plat Map (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.d
Packet Pg. 1311 Attachment: Warranty Deed - Lot 26 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.d
Packet Pg. 1312 Attachment: Warranty Deed - Lot 26 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.d
Packet Pg. 1313 Attachment: Warranty Deed - Lot 26 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.e
Packet Pg. 1314 Attachment: Warranty Deed - Lot 27 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.e
Packet Pg. 1315 Attachment: Warranty Deed - Lot 27 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.e
Packet Pg. 1316 Attachment: Warranty Deed - Lot 27 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.f
Packet Pg. 1317 Attachment: Warranty Deed - Lot 28 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.f
Packet Pg. 1318 Attachment: Warranty Deed - Lot 28 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)
16.A.5.f
Packet Pg. 1319 Attachment: Warranty Deed - Lot 28 (11174 : Subdivision Bond Release - City Gate Commerce Park Phase Three)