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Resolution 2021-123 RESOLUTION 2021-123 A RESOLUTION OF THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS AMENDING RESOLUTION 2021-83, BY AMENDING THE ESCROW AGREEMENT FOR STEWARDSHIP SENDING AREA #17 TO CHANGE THE STEWARDSHIP RECEIVING AREA THAT WILL CONSUME THE STEWARDSHIP CREDITS AND TRIGGER THE RECORDING OF THE STEWARDSHIP EASEMENT. THE SUBJECT PROPERTY IS LOCATED IN SECTIONS 10, 11, 12, 14, 15,22, 23, 26, 27, 34, AND 35, TOWNSHIP 48 SOUTH, RANGE 28 EAST; AND SECTIONS 1, 2, AND 3, TOWNSHIP 49 SOUTH, RANGE 28 EAST. [PL20160000295] WHEREAS, on April 13, 2021, by Resolution No. 2021-83, the Board of County Commissioners ("Board") created a Stewardship Sending Area with a designation of "CLH & CDC SSA 17" and entered into a Credit Agreement, Easement Agreement and Escrow Agreement with Collier Land Holdings, Ltd., CDC Land Investments, LLC and Gargiulo, Inc.; and WHEREAS, Collier Land Holdings, Ltd., CDC Land Investments, LLC, and Gargiulo, Inc., (collectively, "Owners", have requested a change to the Escrow Agreement to change the Stewardship Receiving Area that will consume the Stewardship Credits; and WHEREAS,the Board of County Commissioners agrees to the requested change. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: 1. The first amendment to the Amended and Restated Escrow Agreement for CLH & CDC SSA 17, attached hereto as Exhibit 1, is hereby approved. -9441 THIS RESOLUTION ADOPTED this 0 day of J c_i a_12- 2021, after a Motion, seconded, and majority vote favoring same. • [19-CPS-01956/1633494/1]329 Page 1 of 2 SSA#17 amendment to Escrow 5/14/21 ATTEST: 11):, BOARD OF OUNTY COMMISSIONERS CRYSTAL K. KIN. I,, CLERK COLLIER Y, FLORIDA �J By. 2 By: Most as f0 Chaot9;laC1Dep Cl Penny Ta r, Chairman gnatur4 only. Approved as to form and legality: a014 .,g Heidi Ashton-Cicko Managing Assistant County Attorney Exhibits: Exhibit 1 —Escrow Agreement [19-CPS-01956/1633494/1]329 Page 2 of 2 SSA#17 amendment to Escrow 5/14/21 E )( H ? ( FIRST AMENDMENT TO ESCROW AGREEMENT (CLH & CDC SSA 17) This FIRST AMENDMENT TO ESCROW AGREEMENT ("Amendment") is made as of the go, day of 2021 by and between Collier County, a political subdivision of the State of Florida ("County"), Collier Land Holdings Ltd., a Florida limited partnership ("CLH"), CDC Land Investments, LLC, a Florida Limited Liability Company ("CDC"), and Gargiulo, Inc., a Foreign Profit Corporation ("Gargiulo"), hereinafter individually and jointly referred to as "Owners" and COLEMAN, YOVANOVICH & KOESTER, P.A., (the"Escrow Agent") RECITALS WHEREAS, Collier County, Owners and Escrow Agent entered into an Escrow Agreement on April 13, 2021, by Resolution No. 2021 - 83 ("Escrow Agreement"); and WHEREAS, Collier Enterprises Management, Inc. ("CEMI"), an entity related to CLH, intends to submit applications to Collier County, South Florida Water Management District and the United States Department of Army, Corps of Engineers for authorization to develop the Town of Big Cypress Stewardship Receiving Area("Town of Big Cypress SRA")located within the RLSA District consistent with the provisions of Sections 4.08.06 and 4.08.07 of the Collier County Land Development Code; and WHEREAS,Owners desire to amend the development for which Stewardship Credits will be available, as more particularly described herein. AGREEMENTS NOW THEREFORE, in consideration of the mutual promises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. Recitals Definitions:The above recitals are true and correct and incorporated herein by reference. Any capitalized terms not otherwise defined herein shall have the meaning set forth in the Escrow Agreement. 2. Any references in paragraphs 3 and 4 of the Escrow Agreement to Longwater Village SRA shall be replaced with the following reference: "Town of Big Cypress SRA" 3. Except as amended hereby, the Escrow Agreement remains in full force and effect. 4. Counterparts and Execution: 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 Amendment by facsimile shall be treated as an original. IN WITNESS WHEREOF, the parties hereto have executed this Escrow Amendment to be executed by their duly authorized officers or representatives and their official seals hereto affixed the day and year first written above. Page I of 5 ATTEST: CRYSTAL K. KINZEL BOARD OF COUNTY COMMISSIONERS COLLIER OUNTY, FLORIDA COLLIER COUNTY CLERK OF COURTS By By )(\ittl1/4A Penny Taylor, C airman Att st'as to thaim1 t - signature only. APPROVED AS TO FORM AND LEGALITY: / A By: 6L /4 C Hei i Ashton-Cicko,' Managing Assistant County Attorney May 17, 2021 Page of WITNESS: COLLIER LAND HOLDINGS, LTD. a Florida Limited Partnership �.J By: Collier Enterprises, Inc. (Signature) a Florida Corporation, its Gener Partner \iik P By: 2/ (Print full name) Printed Name: ?A rtic..rr— L Vim. Title: V ice Parc%6E►ar- ,4 Pa,►'h (Sign td ure) r► el� Park alvi (Prinf full name) STATE OF FLORIDA COUNTY OF COLLIER The foregoing instrument was executed before me by means of ✓physical presence or online notarization this 11. st` ' day of (/1.pA-( , 2021, by QtyrtAidic, U. U - , as V►c.E tE5ry ►r of Collier Enterprises, Inc., the general partner of Collier Land Holdings, Ltd., said person being personally known to me or produced as identification. (SEAL) C+� 4 •� Notary Public ��,� Name: Apt • �PpY°0e Valerie L Pike _ Commission#HH 32134 a o Commission Expires 08-17-2024 A ram► My Commission expires: �ic,. `� )0 .�� Bonded Through-Cynanotary otary Florida-Notary Public s,_ May 17, 2021 Page 3 of,1.._. �, CDC Land Investments, LLC v A Florida Limited Liability Company (Signature) By: CD d I estment, I . içger . 2 (Print full name) Print: istvvQ .v.__ L.Uic c.. Title: \I;LEc,.0 eo- fCla Roil L-r4-` (Signature) wyl.yttt- farha-w1 (Print full name) STATE OF FLORIDA COUNTY OF COLLIER The foregoing Escrow Agreement was acknowledged before me, by means of(physical presence or ( )online notarization on this \I day of M•h^-1 , 2021, by FA-T6C.X. .\ J c - , as \;C.e. Y2.eS.to of CDC Land Investments, Inc., manager of CDC Land Investments, LLC, who is (jpersonally known to me or ( ) has produced as identification. o*aYP�e( Valerie L Pike I Notary Public Commission#HH 32134 I : ` Commission Expires 08-17.2024 Name: �a'�"`ti L. 7 i �C ��,BBonded Through-Cynanotary LA..a-9-"—":4 0 � �% Florida•Notary Public ► Certificate No. 4�-k• 32-13 y _ _ _ _ _ _ _ s My Commission expires: 4UG. ►i)).4)) -1 May 17, 2021 page a,of 5 WITNESS: o04 GARGIULO, INC. (Signature) a Foreign Profit Corporation Sdct(y Zu(ucc/ A �/ (Print full name) By: ILL,' Print Name: Michael W. Sullivan Title: President/CEO (Signature) Gt)WA'- G//',).5 (Print) STATE OF FLORIDA COUNTY OF COLLIER The foregoing instrument was executed before me by means of physical presence or online notarization this}Q-1h day of Ykc.y , 2021, by MiCtitcl (1) Sv1 asPres/CEOof Gargiulo, Inc., a Foreign Profit Corporation. Notary Public LA1, - GULLAVAS Name: 3O /ci I •(I i►1S Certificate No. �N�1INUINiI�����/ My Commission expires: ����. �(CE P•C0z " *Hs-,04437 # oi���'• `t� ESCROW AGENT: COLEMAN, YOVANOVICH & KOESTER, P.A. By: Richard D. Yovanovich, Esq. Its: Xii et'e c rv-r Date: 51%0%k ab ,1 May 17, 2021 rage 5 of ,