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Agenda 10/27/2020 Item #16A10 (CLH & CDC SSA 16)10/27/2020 EXECUTIVE SUMMARY Recommendation to adopt a Resolution amending Resolution 2017-186, relating to the Stewardship Sending Area with a designation as "CLH and CDC SSA 16"; approving the extension of certain dates to November 18, 2021, in the Stewardship Sending Area credit agreement for CLH and CDC SSA 16 and the Escrow agreement for CLH and CDC SSA 16. OBJECTIVE: To have the Board of County Commissioners (Board) adopt a Resolution, amending Resolution 2017-186, which extended Stewardship Sending Area (SSA) 16 conditionally for an additional three-year period, to allow that conditional period to be extended for an additional one year to November 18, 2021. If the extension is denied, SSA 16 will expire on November 18, 2020. CONSIDERATIONS: The Stewardship Credit Program is the foundation of the Rural Lands Stewardship Area (RLSA), which has been recognized in Florida, regionally, and nationally for visionary methodology to preserve environmentally significant land, to protect agricultural land, and to direct growth to suitable locations. Collier County adopted the RLSA Overlay in the Land Development Code (LDC) as the implementing regulation for the Growth Management Plan amendments known broadly as the "Rural/Eastern Lands Amendments" which were developed in response to Administration Commission Final Order No. AC99-002, which required a, "Rural and Agricultural Assessment" and subsequent adoption of the Growth Management Plan (GMP) amendment based upon that assessment. On November 18, 2008, the Board during an advertised public hearing adopted Resolution 2008-330, which designated 5,259 acres in the Rural Lands Stewardship Area (RLSA) Overlay as "CLH and CDC SSA 16". Additionally, the Resolution approved a credit agreement for CLH and CDC SSA 16, approved an easement agreement for CLH and CDC SSA 16, approved an escrow agreement, and established the number of Stewardship Credits generated by the designation of said Stewardship Sending Area. LDC Section 4.08.06.E.2 requires that, following the Board's approval of the SSA application and SSA Credit Agreement, a legal description of the land designated SSA, the SSA credits granted, and the stewardship easement applicable to such lands, shall be provided to the Collier County Property Appraiser and the applicant, and shall be recorded within 30 days by the applicant in the public records. The applicant proposed to hold the easement in escrow and to record the easement when all permits and authorizations had been obtained for the Town of Rural Lands West SRA, which was to occur by November 18, 2013, or the SSA Credit Agreement and Stewardship Easement Agreement were to be null and void. At the September 10, 2013 Public Hearing, the Board adopted Resolution 2013-201, which extended the conditional period for SSA 16 an additional year to November 18, 2014. At the September 23, 2014 Public Hearing, the Board adopted Resolution 2014-188, which extended the conditional period for SSA 16 an additional three years to November 18, 2017. The applicant indicated that the creation of the Stewardship Receiving Area (SRA) for the Town of Rural Lands West (the development that the credits from SSA 16 have been designated to entitle) had been delayed due to the complexity of the regulatory regime and the multiple governmental and quasi -governmental actors involved in such approvals. The Town of Rural Lands West was subsequently split into three village applications that have also experienced delays leading to this request for extension. The attached Resolution would amend the existing credit and escrow agreement to extend the SSA an additional one year until November 18, 2021. GROWTH MANAGEMENT PLAN (GMP) IMPACT: The Rural Lands Stewardship Area Overlay in the Future Land Use Element (FLUE) establishes the process and requirements for establishment of SSAs, the lands qualifying for SSA designation, and the use limitations for lands once they are designated Packet Pg. 584 10/27/2020 as SSAs. This land use and growth management tool is implemented through the Rural Lands Stewardship Area Zoning Overlay. Credits generated from SSA 16 are not currently proposed to be used for a pending SRA application. Accordingly, the applicant for SSA 16 had established an Escrow Agreement which delayed the recordation of the Easement Agreement into public records until such time that all requirements in the Escrow Agreement and the SRA Credit Agreement provisions of the LDC were satisfied. The County Attorney required the recording of the notice of restrictions until the easement is recorded consistent with the intent of the LDC. FISCAL IMPACT: There is no fiscal impact associated with this Executive Summary. The owner will pay for the recording of the Amendment of Land Use Limitations. LEGAL CONSIDERATIONS: This item is approved for form and legality. A majority vote is needed for Board approval. - HFAC RECOMMENDATION: To adopt the resolution amending the Escrow agreement and the Credit agreement for SSA 16, extend the agreement conditionally for an additional one year, subject to receipt of the recorded amended notice of restrictions within 30 days of Board approval. Prepared by: James Sabo, Principal Planner, Zoning Division ATTACHMENT(S) 1. Attachment A Fourth Amendment to Escrow Agreement - SSA 16 (PDF) 2. Attachment B Fourth Amendment to Credit Agreement - SSA 16 (PDF) 3. Attachment C SSA 16 Resolution - 10272020 (PDF) Packet Pg. 585 16.A.10 10/27/2020 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.10 Doe ID: 13991 Item Summary: Recommendation to adopt a Resolution amending Resolution 2017-186, relating to the Stewardship Sending Area with a designation as "CLH and CDC SSA 16'; approving the extension of certain dates to November 18, 2021 in the Stewardship Sending Area credit agreement for CLH and CDC SSA 16 and the Escrow agreement for CLH and CDC SSA 16. Meeting Date: 10/27/2020 Prepared by: Title: — Zoning Name: James Sabo 10/21/2020 11:01 AM Submitted by: Title: Manager - Planning — Zoning Name: Ray Bellows 10/21/2020 11:01 AM Approved By: Review: Growth Management Department Zoning Growth Management Department Growth Management Department County Attorney's Office Office of Management and Budget County Attorney's Office County Manager's Office Board of County Commissioners Judy Puig Level 1 Reviewer Ray Bellows Additional Reviewer Jeanne Marcella Department Head Review James C French Deputy Department Head Review Judy Puig Level 2 Attorney of Record Review MaryJo Brock Level 3 OMB Gatekeeper Review Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Leo E. Ochs Level 4 County Manager Review MaryJo Brock Meeting Pending Completed 10/21/2020 11:08 AM Completed 10/21/2020 11:23 AM Completed 10/21/2020 12:43 PM Completed 10/21/2020 12:55 PM Skipped 10/21/2020 12:39 PM Skipped 10/21/2020 12:55 PM Completed 10/21/2020 1:28 PM Completed 10/21/2020 3:25 PM 10/27/2020 9:00 AM Packet Pg. 586 16.A.10.a FOURTH AMENDMENT TO ESCROW AGREEMENT This FOURTH AMENDMENT TO ESCROW AGREEMENT is made as of the day of 2020 and between Collier County, a political subdivision of the State of Florida ("County"), CDC Land Investments, Inc., a Florida Corporation ("CDC") and COLEMAN, , YOVANOVICH & KOESTER, P.A. (the "Escrow Agreement"). RECITIALS WHEREAS, Collier County, CDC and Escrow Agent's Successor entered into an Escrow F: Agreement on November 18, 2008, as subsequently amended, pertaining to the Stewardship Sending Area designated as CDC SSA 16 ("Escrow Agreement"); and Q to WHEREAS, on September 10, 2013 the County approved the First Amendment to the Escrow Q Agreement to extend certain dates by one year; and Cn WHEREAS, on September 23, 2014, the County approved the Second Amendment to Escrow Agreement, which Second Amendment extended the date by which CDC must deliver certain approvals to Escrow Agent to November 18, 2017 ("Deadline"); and T WHEREAS, on October 10, 2017, the County approved the Third Amendment to Escrow y Agreement, which Third Amendment extended the date to November 18, 2020; and y r c WHEREAS, due to the complexity of the regulatory regime and the multiple governmental and E quasi -governmental actors involved in such approvals, the Parties desire to extend the Deadline, as more particularly set forth herein; and Q 3 NOW THEREFORE, in consideration of the mutual promises and other good and valuable o consideration, the receipt and sufficiency of which are hereby acknowledge, the parties hereto agree as w follows: o 1. Paragraph 3 of the Escrow Agreement is amended to read as follows: The Escrow Agent shall deliver the original Documents to the County for recording in the public records of Collier County upon presentment of the following by CDC: a. An approved SRA for a future SRA which requires the exchange of Stewardship Credits from CDC SSA 16 for the additional residential and non-residential entitlements; and b. All necessary final and non -appealable development orders, permits, or other discretionary approvals necessary to construct a future SRA consistent with the provisions of Section 4.08.07 of the Collier County Land Development Code; and In the event the approvals referenced above I this section are not delivered to the Escrow Agent on or before N ve er- 18 November 18, 2021, this Escrow Agreement shall terminate and the Words struck thru are deleted and words added are underlined. Packet Pg. 587 16.A.10.a original Documents shall be returned to CDC. If a challenge and/or appeal of a necessary development order, permit or other discretionary approval is filed, CDC and County may elect to extend the Escrow Agreement by written agreement until the challenge or appeal is finally resolved. If the challenge or appeal is not resolved such that the construction may commence under terms acceptable to CDC, CDC may within 180 days of the final disposition of the challenge or appeal terminate the Escrow Agreement. 2. Except as amended herein, the Escrow Agreement dated November 18, 2008 remains in full force and effect. Executed counter -part copies of the original of this document shall be treated as if the originals were so executed and shall bind the executing party and shall have the same force and effect as the original. Execution of this Agreement by facsimile shall be treated as an original. Signatures appear on the following pages. 2 Words struck thru are deleted and words added are underlined. T M Packet Pg. 588 16.A.10.a IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized officers or representatives and their official seals hereto affixed the day and year first written above. Attest: BOARD OF COUNTY COMMISSIONERS CRYSTAL K. KINZEL, Clerk COLLIER COUNTY, FLORIDA By: Deputy Clerk Burt L. Saunders, Chairman Approved as to form and legal sufficiency: T Heidi Ashton-Cicko, Assistant c°n' Managing Assistant County Attorney 3 Words struck thru are deleted and words added are underlined. Packet Pg. 589 16.A.10.a 1VAT"NI1 &MI-1 1 Print Name: Print Name: STATE OF FLORIDA COUNTY OF COLLIER CDC LAND INVESTMENT, INC. a Florida Corporation By: Print Name: Title: The foregoing Credit Agreement was executed by means of _ physical presence or _online Cn notarization before me this day of , 2020, by as T- of CDC Land Investments, Inc., said person being personally known to me or M produced as identification. Notary Public Name: Certificate No. M Commission expires: ESCROW AGENT: COLEMAN, YOVANOVICH & KOESTER, P.A. By: Richard D. Yovanovich, Esq. Its: Date: 4 Words struck thru are deleted and words added are underlined. c m E z c� a E s M Q Packet Pg. 590 16.A.10.b FOURTH AMENDMENT TO STEWARDSHIP SENDING AREA CREDIT AGREEMENT (CDC SSA 16) THIS FOURTH AMENDMENT TO STEWARDSHIP SENDING AREA CREDIT AGREEMENT (hereinafter referred to as the ("Amendment") is made and entered into this day of , 2020, by and between COLLIER COUNTY, a political subdivision of the State of Florida, hereinafter referred to as "County" whose mailing address is the Harmon Turner Building, 3299 East Tamiami Trail, Naples, Florida 34112, and CDC Land Investments, Inc., a Florida Corporation ("CDC") hereinafter individually and jointly referred to as ("Owner"), whose mailing addresses are 2550 Goodlette Road North, Suite 100, Naples, Florida 34103. WITNESSETH: WHEREAS, Owner submitted, and the County reviewed, a SSA Designation Application filed with the County on May 27, 2008 for the CDC SSA 16 land; and WHEREAS, the County and Owner entered into a Stewardship Sending Area Credit Agreement ("CDC SSA 16") on November 18, 2008 ("Agreement"); and WHEREAS, on September 10, 2013 the County approved the First Amendment to the Agreement to extend certain dates by one year; and WHEREAS, on September 23, 2014, the County approved the Second Amendment to Agreement, which Second Amendment extended the date by which the SSA 16 stewardship credits must be exchanged for development of a future Stewardship Receiving Area (SRA) to November 18, 2017 ("Deadline"). WHEREAS, on October 10, 2017, the County approved the Third Amendment to Agreement, which Third Amendment extended the Deadline to November 19, 2020; and WHEREAS, due to the complexity of the regulatory regime and the multiple governmental and quasi -governmental actors involved in such approvals, the Parties desire to extend the Deadline, as more particularly set forth herein. NOW THEREFORE in consideration of the above premises and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and in further consideration of the mutual covenants contained herein, the parties agree as follows: 1 Words struck thru are deleted and words added are underlined. Packet Pg. 591 16.A.10.b 1. Restriction on Land Use Amendments. Paragraph 8 of the Stewardship Area Credit Agreement (CDC SSA 16) is hereby amended to read as follows: Upon designation of the land described in Exhibit "A" as an SSA, the Owner shall not seek or request, and the County shall not grant nor approve, any increased in the density of any additional uses beyond those specified in this Agreement. Two thousand seven hundred and nine tenths (2,700.9) acres of the lands subject to this Agreement are within a Habitat Stewardship Area (HSA) and one hundred and sixty three and six tenths (163.6) acres of the lands subject to his Agreement are within a Flow Way Stewardship Area (FSA) and eight and seven tenths (8.7) acres of Water Retention Area (WRA) and three (3.0) acres of Open Lands depicted on the RLSA Overlay map, officially entitled "Collier County Rural and Agricultural Area Assessment Stewardship Overlay Map". Upon designation of these lands as an SSA, the Owner shall neither seek nor request, and the County shall not in violation of Sections 4.08.06 A.2 and 3, thereafter grant or approve any expansion or conversion of agricultural land uses. Notwithstanding any condition herein to the contrary, this Agreement and the Stewardship easement shall terminate on November- 18, 2020 November 18, 2021, unless the CDC SSA 16 Stewardship Credits have been exchanged for a future SRA, and said SRA has received all necessary final and non -appealable local, state and federal permits other than, site development plan or building permit, or necessary to construct the future SRA. All affirmative obligations and negative covenants contained in this Agreement and the Stewardship Easement shall be null and void upon such termination without further action from the parties hereto. Upon such termination the land shall revert to its underlying zoning classification as of the date of this Agreement, free and clear of any encumbrance from the Stewardship Easement. If requested by the Owner, Collier County shall provide a written release and termination of this Agreement and the Stewardship easement for recording in the public records within fifteen (15) days of the request form the owner. Collier County shall update the overlay map to reflect the termination of CDC SSA 16 or any SRA. 2. Except as amended herein, the Agreement shall remain in full force and effect. Signatures appear on the following pages. 2 Words struckthru are deleted and words added are underlined. Packet Pg. 592 16.A.10.b IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized officers or representatives and their official seals hereto affixed the day and year first written above. Attest: BOARD OF COUNTY COMMISSIONERS CRYSTAL K. KINZEL, Clerk COLLIER COUNTY, FLORIDA , Deputy Clerk Approved as to form and legal sufficiency: Heidi Ashton-Cicko, Assistant Managing Assistant County Attorney Burt L. Saunders, Chairman Words struck thru are deleted and words added are underlined. Packet Pg. 593 16.A.10.b WITNESSES: Print Name: Print Name: STATE OF FLORIDA COUNTY OF COLLIER CDC LAND INVESTMENT, INC. a Florida Corporation By: Print Name: Title: The foregoing Credit Agreement was executed by means of physical presence or _online notarization before me this day of 2020, by RR person being personally known to me or produced of CDC Land Investments, Inc., said as identification. Notary Public Name: Certificate No. M Commission expires: 4 Words struckthru are deleted and words added are underlined. Packet Pg. 594 16.A.10.c RESOLUTION NO. 2020- A RESOLUTION OF THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS AMENDING RESOLUTION NO. 2008-330, RELATING TO THE STEWARDSHIP SENDING AREA WITH A DESIGNATION AS "CDC SSA 16"; APPROVING THE EXTENSION OF CERTAIN DATES TO NOVEMBER 18, 2021 IN THE STEWARDSHIP SENDING AREA CREDIT AGREEMENT AND THE ESCROW AGREEMENT FOR CDC SSA 16. WHEREAS, on November 18, 2008, by Resolution No. 2008-330, the Board of County Commissioners created a Stewardship Sending Area with a designation of "CDC SSA 16" and entered into a Stewardship Sending Area Credit Agreement, a Stewardship Easement Agreement and an Escrow Agreement with CDC Land Investments, Inc.; and WHEREAS, on September 10, 2013, by Resolution No. 2013-201, the Board of County Commissioners approved the extension of certain dates to November 18, 2014 in the Stewardship Sending Area Credit Agreement and the Escrow Agreement for CDC SSA 16; and WHEREAS, on September 23, 2014 by Resolution No. 2014-186, the Board of County Commissioners approved the extension of certain dates to November 18, 2017 in the Stewardship Sending Area Credit Agreement and Escrow Agreement for CLH SSA 16, which was further extended to November 18, 2020; and WHEREAS, Collier Land Investments, Inc., represented by Richard Yovanovich, Esquire of Coleman, Yovanovich & Koester, PA, has requested an extension to certain time frames to November 18, 2021 in the Stewardship Sending Area Credit Agreement for CDC SSA 16 and the Escrow Agreement for CDC SSA 16; and WHEREAS, the Board of County Commissioners agrees to the requested extensions. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: 1. The fourth amendment to the Stewardship Credit Agreement for CDC SSA 16, attached hereto as Exhibit 1, is hereby approved. 2. The fourth amendment to the Escrow Agreement for CDC SSA 16, attached hereto as Exhibit 2, is hereby approved. [17-CMP-00985/1361810/1]49 1 of 2 SSA #16 10/21/2020 Packet Pg. 595 16.A.10.c This Resolution adopted after motion, second and majority vote, this 27ffi day of October 2020 ATTEST: Crystal K. Kinzel, Clerk , Deputy Clerk Approved as to form and legality: Jeffrey A. Klatzkow, County Attorney Attachments: BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA Burt L. Saunders, Chairman Exhibit 1 — Fourth Amendment to Stewardship Credit Agreement for CDC SSA 16 Exhibit 2 — Fourth Amendment to Escrow Agreement for CDC SSA 16 [17-CMP-00985/1361810/1 ]49 SSA #16 10/21/2020 2 of 2 a� CD M T Packet Pg. 596