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Agenda 09/14/2021 Item #16A39 (Performance Bond Release for Esplanade Golf & Country Club of Naples SDP #1 PL20120001253)09/14/2021 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $1,014,980, which was posted as a guaranty for Excavation Permit Numbers 60.084, PL20120001253 and 60.084.2, PL20140002460, for work associated with Esplanade Golf and Country Club of Naples SDP #1. 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. A Performance Bond was posted as security for Excavation Permits No. 60.084 and 60.084-2, associated with Esplanade Golf and Country Club SDP #1. The As-Built lake cross sections have been received and the lakes have been inspected on July 30, 2021 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. - DDP RECOMMENDATION: To authorize the Clerk of Courts to release the Performance Bond in the amount of $1,014,980. 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, Associate Project Manager, Development Review Division ATTACHMENT(S) 1. Location Map (PDF) 2. Bond Basis (PDF) 16.A.39 Packet Pg. 1060 09/14/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.39 Doc ID: 17657 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $1,014,980, which was posted as a guaranty for Excavation Permit Numbers 60.084, PL20120001253 and 60.084.2, PL20140002460, for work associated with Esplanade Golf and Country Club of Naples SDP #1. Meeting Date: 09/14/2021 Prepared by: Title: Technician – Growth Management Development Review Name: Lucia Martin 08/03/2021 1:49 PM Submitted by: Title: Environmental Specialist – Growth Management Department Name: Jaime Cook 08/03/2021 1:49 PM Approved By: Review: Growth Management Operations & Regulatory Management Kenneth Kovensky Additional Reviewer Completed 08/03/2021 4:00 PM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 08/03/2021 6:31 PM Growth Management Department Lissett DeLaRosa Growth Management Department Completed 08/04/2021 2:18 PM Growth Management Department Jaime Cook Additional Reviewer Completed 08/09/2021 9:10 PM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 08/10/2021 12:31 PM Growth Management Department Trinity Scott Transportation Skipped 08/09/2021 9:23 AM Growth Management Department Mike Bosi Growth Management Completed 08/10/2021 2:43 PM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 08/11/2021 8:19 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/11/2021 8:29 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/11/2021 9:54 AM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 08/11/2021 4:08 PM County Manager's Office Amy Patterson Level 4 County Manager Review Completed 09/01/2021 4:38 PM Board of County Commissioners Geoffrey Willig Meeting Pending 09/14/2021 9:00 AM 16.A.39 Packet Pg. 1061 ESPLANADE GOLF AND COUNTRY CLUB SDP #1 LOCATION MAP 16.A.39.a Packet Pg. 1062 Attachment: Location Map (17657 : Excavation Bond Release - Esplanade Golf and Country Club of Naples SDP #1) KNOvV ALL PERSONS BYTI-IESE PRESENTS: that Taylor Morrison Esplanade Naples, LLC 501 N. Cattlemen Rd., Suite 100 Sarasota, FL 34232 (Hereinafter referred to ac; "OMler") and Lexon Insurance Company 12890 Lebanon Road MtJuliet, TN 37122 615 250-3040 X3043 BOND NO. 1091823 (Name of O\Nner) (Address of OM,er) (Address of ONner) (Name of Surety) {Address of Surely) (Address of St.rety) (Telephone Nu-rber) ------ (hereinafter referred to as "Surety") are held a,d firrrly bound_unto <'nllier Cnuntv, Rori� {hereinafter-:-OneMiUionrourteenlliousailifNmc referred to as "County") in the total agg1egate sum of Hundred Eighty and 00/100 Dollars ($ 1,014,980.00-) In lav,,ful m:>ney of the United States, for the payrrent of mch sum \t\.ell and truly to be made, we bind ourselves, our heirs, exerutors, adninistrators, sucx:es.sors and assigns, jointly and severally, firrrfy by these presents. ONner and Sl.rety are used for sl�lar or plural, as the context requires. lHE CO'IOl110N OF 1HIS OOUGATION is such that w-iereas, the C>.Nner has subnitted for appro.,al by the Board of a certain Slbdivision plat narred &planade at Naples Golf and Country Club and that certain subdivision shall include specific irrprovements whid, are reqlired by Collier County o-dinances and Resolutions (hereinafter "Land Developrrent Regulations'1. This obligation of the Surety shall com-nence on the date this Bond is� and shall oontinue until the date of final acx:eptance by the Board of County Corrmssioners of the specific I� desaibecl in the I.and Developrrent Regulations (hereinafter the "Guaranty Period1. l'IXJWTHEREFORE, If the OMier shall well, truly and faithfully perform its obligations and duties in accordance Vllith the I.and Development Regulations duing the guaranty period established by the County, and the OM1er shall satisfy all daims and derrands incurred and shall fully indermify and save harmless the County from and against all costs and damages IM'lich it may suffer by reason of Cl'J\Kler's failure to do so, and shall reirrt>t.rse and repay the Cou,ty all outlay and expense lhhich the County rrEf/ incur in makirg good any default, then this obligation shall be void, otherwise to remain In full force and effect. PRCMDED, FURTHER, that the said Slrety, for value received hereby, stipulates and agrees that no change, ectension of tirre., alteration, addition or deletion to the proposed specific inµ-wements shall in any 'INir{ 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 irrp-ovements. PRCMDED, FUUHER. that it is expressly agreed that the Bond shall be deerred amended autorratically and imrediately, without formal and separate amendments hereto, so as to bind the 16.A.39.b Packet Pg. 1063 Attachment: Bond Basis (17657 : Excavation Bond Release - Esplanade Golf and Country Club of Naples SDP #1) Owner and the Surety to the full and faithful performance in accordance with the Land Developrrent Regulations. The term ".tvnendment", -.,.,herever used in this Bond, and \Mlether referring to this Bond, or other documents shall include any alteration, addition or rrodific:ation of any character \Mlatsoe-ter. IN VvlTNESS \N'HEREOF, the parties hereto have caused this PERFORIVW\JCE BOND to be e xecutedthi s 22nd dayof January / 2013 ; _____ -' VvlTNESSES: Printed Name Printed Name ( nd ti ·t . ) Taylor Morrison Esplanade Naples, LLCOwner Name a Tt e , Corporation By: Printed Name/Title (Provide Proper Evidence of Authority) ACKI\IO\M.EDGEr..lENT SfATE OF _____________ _ COUNTY OF ____________ _ THE FOREGOING PERFORI\AI\NCE BOND WAS ACKNO'v\-\..EDGED B EFORE IVIE THIS DAY OF ------'----�------' 20 __J by ______________ (NM/IE OF ACKNO\AILEDGER) AS _______ (llTLE) O F ___________ {.NAIVE OF CONIPANY) Vv1-iO IS PERSONALLY KNONTO IVIE, OR HAS PRODLCED __________ _ /lS IDENTIFICATION. Notary Public-State of ________ _ (SEAL) Printed Name �;on 1tn1:rCY,-.__ ,__A_ Anett Cardinale, Attorney-in-Fact & FL Licensed Resident Agent Inquiries: (813) 281-2095 16.A.39.b Packet Pg. 1064 Attachment: Bond Basis (17657 : Excavation Bond Release - Esplanade Golf and Country Club of Naples SDP #1) ACKNOWLEDGEME T BY SURETY STATE OF FLORIDA } COUNTY OF HILLSBOROUGH ss. On this 22 nd day of January, 2013 before me, personally came Anett Cardinale, who is personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed the within Instrument as Attorney-In-Fact on behalf of Lexon Insurance Company, and acknowledged to me that he/she executed the within instrument on behalf of said surety company and was duly authorized to do. In witness whereof, I have signed and affixed my official seal on the date in this certificate first above written. Signature 17/� � Margaret.Ginem This area.for Official Notarial Seal 16.A.39.b Packet Pg. 1065 Attachment: Bond Basis (17657 : Excavation Bond Release - Esplanade Golf and Country Club of Naples SDP #1) POWER OF ATTORNEY Lexon Insurance Company LX -0 6 2 6 71 KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: C 1 H H D · d H C A C d" 1 ** ** ** aro . ermes, av1 . arr, nett ar ma e ************************************************************************************* its true and lawful Attorney(s)-ln-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond. This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE COMPANY on the 1st day of July, 2003 as follows: Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $ 2,000,000.00 Two million dollars•••••••••••••••••••••••••••-••••••**•••••••••••••••••••• dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In-Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney. Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company. IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 21st day of September, 2009. ACKNOWLEDGEMENT LEXON INSURANCE COMPANY r:?✓�� BY ___________ __;__ ___ _ David E. Campbell President On this 21st day of September, 2009, before me, personally came David E. Campbell to me known, who being duly sworn, did depose and say that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation. "OFFICIAL SEAL', MAUREEN K. AYE Notary Public, State of Illinois My Commission Expires 09/21/13 CERTIFICATE ��Ay:¥ Notary Public I, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERT IFY that the original Power of Attorney of which the foregoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force. Signed and Sealed at Woodridge, Illinois this _J=-·_d_----'._n�d�_ Day of r/1.bAtf O Io Philip G. Lauer Assistant Secretary "WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact materi­ al thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties." LX2 16.A.39.b Packet Pg. 1066 Attachment: Bond Basis (17657 : Excavation Bond Release - Esplanade Golf and Country Club of Naples SDP #1) Date: Project: Description: Project#: Prepared By: Check By: Lake 1 2 4 3 SA SB 6 9 11 12A 12B 8 7 24 23 13A 13B lSA lSB 20 21 25 Total 12/7/2012 Esplanade Golf and Country Club of Naples Excavation Bond 276-03 BJM JHA Excavation Bond Calculation Linear Feet Cost Per Linear Foot Sand Rock Sand Rock 1,470 0 $20.00 $100.00 4,941 0 $20.00 $100.00 1,047 0 $20.00 $100.00 1,318 0 $20.00 $100.00 1,252 0 $20.00 $100.00 1,499 0 $20.00 $100.00 983 0 $20.00 $100.00 5,692 0 $20.00 $100.00 2,064 0 $20.00 $100.00 2,305 0 $20.00 $100.00 4,528 0 $20.00 $100.00 1,039 0 $20.00 $100.00 3,550 0 $20.00 $100.00 2,774 0 $20.00 $100.00 2,079 0 $20.00 $100.00 1,546 0 $20.00 $100.00 1,306 0 $20.00 $100.00 1,728 0 $20.00 $100.00 1,919 0 $20.00 $100.00 1,289 0 $20.00 $100.00 4,923 0 $20.00 $100.00 1,497 0 $20.00 $100.00 50,749 0 $20.00 $100.00 Total Bond Amount $1,014,980.00 Note: Bond amounts are per Section 22-115 of the County Ordinances in M.micode Jeremy H. Arnold Date Florida Registration# 66421 Certificate of Authorization# 8636 16.A.39.b Packet Pg. 1067 Attachment: Bond Basis (17657 : Excavation Bond Release - Esplanade Golf and Country Club of Naples SDP #1)