Agenda 09/14/2021 Item #16A43 (Performance Bond Release for National Golf and Country Club at Ave Maria Phase 1 PL20190001728)09/14/2021
EXECUTIVE SUMMARY
Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of
$1,000,000, which was posted as a guaranty for Excavation Permit Number PL20190001728, for
work associated with the National Golf and Country Club at Ave Maria, Phase 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. The Performance Bond was posted as security for an
Excavation Permit associated with the National Golf and Country Club at Ave Maria, Phase 1. The As -
Built lake cross sections have been received and the lakes have been inspected on June 11, 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 a Performance Bond in the amount
of $1,000,000. 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.43
Packet Pg. 1102
09/14/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.A.43
Doc ID: 16306
Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond
in the amount of $1,000,000, which was posted as a guaranty for Excavation Permit Number
PL20190001728, for work associated with the National Golf and Country Club at Ave Maria, Phase 1.
Meeting Date: 09/14/2021
Prepared by:
Title: Technician – Growth Management Development Review
Name: Lucia Martin
06/16/2021 3:04 PM
Submitted by:
Title: Environmental Specialist – Growth Management Department
Name: Jaime Cook
06/16/2021 3:04 PM
Approved By:
Review:
Growth Management Operations & Regulatory Management Kenneth Kovensky Additional Reviewer Completed 06/16/2021 3:33 PM
Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 06/18/2021 8:34 AM
Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 06/21/2021 3:17 PM
Growth Management Department Lissett DeLaRosa Growth Management Department Completed 06/21/2021 4:57 PM
Capital Project Planning, Impact Fees, and Program Management Matthew McLean Additional Reviewer Completed 06/25/2021 2:59 PM
County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 06/25/2021 3:10 PM
Growth Management Department James C French Growth Management Completed 06/25/2021 6:12 PM
Growth Management Department James C French Transportation Skipped 06/25/2021 6:14 PM
Office of Management and Budget Laura Wells Level 3 OMB Gatekeeper Review Completed 06/28/2021 10:56 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/28/2021 3:37 PM
Office of Management and Budget Laura Zautcke Additional Reviewer Completed 07/02/2021 11:52 AM
County Manager's Office Amy Patterson Level 4 County Manager Review Completed 09/01/2021 10:27 AM
Board of County Commissioners Geoffrey Willig Meeting Pending 09/14/2021 9:00 AM
16.A.43
Packet Pg. 1103
THE NATIONAL GOLF AND COUNTRY CLUB
AT AVE MARIA, PHASE 1
LOCATION MAP
16.A.43.a
Packet Pg. 1104 Attachment: Location Map (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)
EXCAVATION PERFORMANCE AGREEMENT
THIS EXCAVATION PERFORMANCE AGREEMENT entered into tnis ?L day of
October , 2019 between Lennar Homes. LLC hereinafter referred to as "Developer," and the
Board of County Commrssioners 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 a/. 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. PL20190001728 (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:
Developer agrees to comply with the Excavation Regulations and the Excavation
Permit (the "Excavation Work").
Developer herewith tenders its excavation performance security (attached hereto
as Exhibit "A" and by reference made a part hereof) in the amount
of $1.000.000.00.
ln 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.
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.
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.
ln 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,
4
5
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1.
2.
3.
16.A.43.b
Packet Pg. 1105 Attachment: Bond Basis (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)
the Excavation Work. The Developer, as principal under the excavation
performance security, shall be liable to pay and to indemnify the Board, upon
completion of such construction, the final total cost to the Board thereof,
including, but not limited to, engin
with any damages, either direct or
ring, legal and contingent costs, together
nsequential, which the Board may sustain
per to fulfill all of the provisions of thison account of the failure of De
Agreement.
7 All of the terms, covenants and
binding upon Developer and
Developer.
nditions herein contained are and shall be
respective successors and assigns of
lN WITNESS WHEREOF, the Board and
executed by their duly authorized representatives th
SIGNED IN THE PRESENCE OF
Sign:
Lenn eS, LLC
By
Darin McMurray Vice - President
(Provide Proper Evidence of Authority)
COLL RCO
ment to be
5*< 6 \,ukrnt
Printed ame
sig
Printed Na
ATTEST:
["c.r.h*-
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OF
By:
[,T{TY, FLORIDA7z-
Crystal K. Kinzel, CLERK
By
Clerk oflhe Circuit Court & Comptroller
Collier County, FloridaI
App as to form and legality
Sal Ashkar
as des of Countv Manaser
pursuant to Resolution No. 2015-162
Assistant County Attorney
of October. 2019.
BOARD OF COLINTY COMMISSIONI]RS
16.A.43.b
Packet Pg. 1106 Attachment: Bond Basis (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)
7OO,,NW 107 AVEN UE: - SUTTE.2O4
MIAMI, FLORIDA 33,1 72
. PHONE (305)553-A724
IRREVOCABLE STANDBY LETTER OF CREDIT NO. FGAC-I9462
ISSUER: FIDELITY GUARANTY Ar\D ACCEPTANCE CORP. (HEREINAFTER '!ISSUER")
7OO NW IOTTII AVENUE, SUITE2O4 .
MIAMI, FLORIDA J3172
PHONE (?86 r 25?-4J5J
r
DATi] OF TSSUO:
PLACE.OF F-XPIRY: ,
DA'I'E OF EXPIRY:
BENCFICIARY:
AMOUNT:
RE:
OR
CREDIT AVAILABLE
rVITI{:
oc'roBIiR 2.2019
ISSI'ER
A1' ISST]f,R'S COUN.TERS LOCATED AT 7OO NW IO7 AVE. SUITE 204 .
}IL,\}I I. FLORIDA 33I72
I HIS ( REDI I SH,\LL BL \,\LID I \1 IL OCTOBER 2, 2020, \\D SH {LL THERE{FI ER
BE AUTOMATICALLY RENEWED FOR SUCCESSTVE ONE.YEAR PERIODS ON THE
A\NN,ERSARY OF THE ISSUE T]NLESS ,\T LEAST SIX.T\' (60) D\YS PRIOR TO A:{I,
SUCH ANNIVERSARY DATE, THE ISSUER NOTIflOS THE BENEFICIARY .IN
WRITINC BY RECISTERED NIAIL THAT THE ISSUERELECTS \OT TO RENEW THIS
CREDI'I"
LENNAR HOMES, LLC. (HEREINAF'I'ER "DEVELOPER")
IO.I8I SI\ ]III,E CYPRESS PARKWA\
FORT IlIYERS. FI,ORIDA 33S66
THE BOARD OF COUNTY COMMISSIONERS, COLLIER COUNTY. I-LORIDA
(HEREINAFTER "BENE[ICIARY")
C/O GROWTH MANAGEMENT DEPARTMENT
28OO \ORTH HORSESHOE DRI\ E
NAPI,ES. FI, 3,II04
UP TO AN -4.GGROGATE -A.NTOTINT OF $I,OOO.OOO.OO (ONf, MILLION AND OO/iOO US
DOLLARS)
tN} RAS'TRUCTURD CONSTRUC TON
PROJECT NAMEr THE NATIONAL COLF COURSE COMMUNITY AT AVE IItARIA
B\':
DOCUMENTS REQI.TIRED: AVAILABLE BY BENEFICIARY'S DR{FT(S) AT SIGHT DR4.WN ON THE ISSUER
A\D PRESE\'TED AT PLACE OF EXPIRY ACCOUP-A.NIED BY BENEFICIAR\''S STATEMENT PT]RPORTEDLY
M-{NUAI,LY S1GNED AND DATED BY THE COT \TY MANAGER, OR HIS DESTGNET. CERTIFYINC'TH AI':
PAYUENT AGAINST DOCUMENTS DETAILOD HEREIN AND BENEFICIARY'S
DR..\FTS AT SIGH'I DRAWN ON THE ISST]ER.
"(I) DEVEI,OPER HAS FAILED TO CONSTRI]CT AND/OR MAINTAIN THE IMPROVEMENTS ASSOCIATED
WITH THAT CERTAIN PLAT OF A SUBDIVISION KNOWN AS TI{E NATIONAL GOLF COURSE
CONIMUNITY AS REQUIRED BY COLLIER COUNTY ORDINANCES AND RESOLT]TIONS (THE "LANDDEvELoPIIENT RECLtLATIoNS"); (lI) DEvELoPER rtAs BEEN GIvEN wRITTEN NortcE DEscRIBI\GTHE EVENT OR CONDITIOI,{ OF SUCTi DEFAULT IN REASONABLE DETAIi BY CERTIFIT]D .UAIL,RETt]R]i RECEIPT REQUESTED; A\D (IIT) THE DEFAULT I]As NoT BEEN CURED WITHIN TIIE CUREPERIOD PRO\ IDED FOR THEREI!.J. IF,\\Y.";
.A FINAL INSPICTION OF TIIE INTPROVEMENTS TOR THE NATIONAI- COLF COT]RSE CO}II\ILNITY AI
:l:.!-lrll]l--/ls l_r_-qr rR D, qJ CoLr_rER corjNry oRDTNANCES AND. RESoLUTToN! (rHE "LANDDEVELOPME\T RECT 1,{TIONS") SATISF,ACTORY TO COLLIER COL\TY HAS NOT BEEN PONTONITTOPRIOR TO THE DATE OF EXPIRY. AND A SATISF,{CTORY ALTERNATTVE PERFORMANCE SOCURITYHAS NOT BEEN PROVIDED TO AND ACCEPTED BY THE BENEFICIARY.'
B.
/ t / ,4 lt
FIDELITY GUARA NTY, ;Kg,L"(=PTANCE CORP.
APPLICANT:
16.A.43.b
Packet Pg. 1107 Attachment: Bond Basis (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)
FIDELITY GUARANTY AND ACCEPTANCE I
'oo *nl;n:l i",'"[YS^-.".:f'r"o'
coRP
fPHONE (305)553-8724 !PrAN(
THIS IS AI'{ INT.EGRAL PART OF Lf,TTER OF CREDIT NO. FCAC.I9462 , . PAGE 2
DRAFT(S) DRA.WN UNDOR THIS LETT.ER.OF CRODIT SHALL BE.MARKED: "DRAWN UNDER FIDELITY
GUARANTY AND ACCEPTANCE CORP. CRf,DIT NO. FGAC.I9.I62" DATED OCTOBER 2.2019" AND MUST BE
ACCOMPANIED BY THIS ORTGINAL LETTER OF CREDIT AND ALL ORIGINAL AMENDMENTS. IF ANY, FOR
PROPER ENDORSE]IIENT.
THIS LETTER OF CREDIT SETS FORTH IN FULL THE TERMS OF THE ISST]ER'S TINDERTAKING. AND SUCH
UNDERTAKING SHALL NOT IN AN}'\l'AY BE MODIFIED. AM-ENDED, OR AMPLIFI-ED BY REFf,RENCE TO
ANY DOCUMENT, INSTRUT'IDNT, OR AGRDEMENT REFERENCED.TQ HEREIN OR IN WH!CH THIS Lf,TTER
OF CREDIT RELATES, AND ANY SUCH BETERENCE SHALL NOT BE NNE-[IED TO INCORPORATE HEREIN BY
REFERENCE ANY DOCUNIENT, INSTRUMENT OR AGREEMENT. ,
ISSUER IIEREBY T,NCACES WITI{.BENEFTCIARY TTIAT DRAFT(S} DRAWN TJNDER AND IN.COMPLIANCE
WITTI T.I]E T.ERMS AND CONDITIONSOF THIS CREDIT WILL BE DULYHONORED BY ISSUER IT PRESENTT,D
WTTHIN.THE VALIDITY ON'THIS CREDIT.TOGETHER WITH THE DOCUMENlS REQUIRED HEREIN AT THE
PLACE OF EXPIRv PRIOR TO 4:00 P.M, EST, ON OR PRIOR TO THE DATE OF EXPIRY. PRESENTATIONS MAY
BE \1.,IDE BY CERTIFIED OR REGISTERED NIAIL. RETURN RECEIPT REQUESTED OR BY FEDERAL EX?RESS
OR Ar.'Y OTHER NATIONALLY RECOGNIZED COURIER COMPANY.
THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRdCTICE FOR DOCUIlIE\TARY CREDITS (2007
REVISTON) INTERNATIONAL CHAMBER OF COMMERCE PI,IBLICATION NO. 600.
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16.A.43.b
Packet Pg. 1108 Attachment: Bond Basis (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)
Detail by Entity Name
Florida Deoanmeni or State
Page I ol 10
ovrsroN oF CoRPoRAfloNs
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Detail by Entity Name
Florida Limited Laability Company
LENNAR HOMES, LLC
Filino lnformation
DocumentNumber L06000114706
FEI/EIN Number 59-0711505
Date Filed 1ll3Ol2OOG
Effective Date O1l18h9U
State FL
Status ACTIVE
Last Event LC AMENDMENT
Event Date Filed O4l3Ol2O15
Event Effective Date NONE
Principal Address
7OO N,W, 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Changed: O4lO2l2O1 4
Mailino Address
7OO N,W, 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Changed: 04/0212014
Reoistered Aoent Name & Address
C T CORPORATION SYSTEM
12OO S, PINE ISLAND RD.
SUITE 250
PLANTATION, FL 33324
Address Changed: O3B1 l2O1O
Authorized Person(sl O€tail
Name & Address
Tltle MGRM
U,S, HOME CORPORATION
http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype:Entit... 10/10/2019
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16.A.43.b
Packet Pg. 1109 Attachment: Bond Basis (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)
Detail by Entity Name Page 2 of 10
Title CEO
MILLER. STUART A
7OO N,W, 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Title CFO
GROSS, BRUCE
7OO N,W, 1O7TH AVENUE
SUITE 4OO
tvltAMt, FL 33172
BECKWTT. RICHARD
,I707 MARKETPLACE BLVD,, SUITE 270
IRVING. TX 75053
Title VP/S/GC
SUSTANA, MARK
7OO N,W, 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Title VP
7OO N,W, l O7TH AVENUE
SUITE 4OO
MtAMl. FL 33172
Feder, Eric
7OO N.W. lO7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Bavouset, James S
7OO N,W, 1O7TH AVENUE
SUITE 4OO
MtAMt. FL 33172
Title VP
Title VP
GABOR, STEPHEN
7OO N,W 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Tltle VP
h@://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=Entit... l0/ 10/2019
Title PRES
16.A.43.b
Packet Pg. 1110 Attachment: Bond Basis (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)
Detail by Entity Name Page 3 of 10
GONZALEZ, CARLOS
7OO N.W. 1O7TH AVENUE
SUITE 4OO
MrAMt. FL 33172
Title VP
GROSS, BRUCE
7OO N.W. l O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Titte VP
HIGGINS, ERIK R
7OO N,W. l O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Title VP
HURST, BRYAN
7OO NW 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Title VP
JAFFE, JONATHAN M
7OO N,W, 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33,172
Tit e VP
MARLIN, CHRISTIAN L
7OO N,W, 1O7TH AVENUE
SUITE 4OO
M|AMt, FL 33172
Title VP
MCMURRAY, DARIN L
7OO N.W, 1O7TH AVENUE
SUITE 4OO
MIAMI, FL 33172
Title VP
MCPHERSON GREG
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16.A.43.b
Packet Pg. 1111 Attachment: Bond Basis (16306 : Excavation Bond Release - The National Golf and Country Club at Ave Maria, Phase 1)