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Agenda 12/14/2021 Item #16A13 (Release of Performance Bond for Brentwood Lakes PL20180002419)12/14/2021 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $522,700 which was posted as a guaranty for Excavation Permit Number PL20180002419 for work associated with Brentwood Lakes (f/k/a TwinEagles South - 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 Brentwood Lakes (f/k/a TwinEagles South - Phase 1). The As -Built lake cross sections have been received and the lakes has been inspected on October 19, 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 $522,700. 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) Packet Pg. 869 16.A.13 12/14/2021 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.13 Doe ID: 20456 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $522,700 which was posted as a guaranty for Excavation Permit Number PL20180002419 for work associated with Brentwood Lakes (f/k/a TwinEagles South — Phase 1). Meeting Date: 12/14/2021 Prepared by: Title: Technician — Growth Management Development Review Name: Lucia Martin 10/22/2021 2:03 PM Submitted by: Title: Environmental Specialist — Growth Management Department Name: Jaime Cook 10/22/2021 2:03 PM Approved By: Review: Growth Management Operations & Regulatory Management Kenneth Kovensky Growth Management Department Lissett DeLaRosa Growth Management Department Growth Management Development Review Brett Rosenblum Engineering & Natural Resources Jack McKenna Additional Reviewer Growth Management Department Jaime Cook Additional Reviewer Growth Management Department Trinity Scott Transportation Growth Management Department James C French Growth Management County Attorney's Office Derek D. Perry Level 2 Attorney Review Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Office of Management and Budget Laura Zautcke Additional Reviewer County Manager's Office Geoffrey Willig Level 4 County Manager Review Board of County Commissioners Geoffrey Willig Meeting Pending Additional Reviewer Completed Completed 10/22/2021 2:52 PM Additional Reviewer Completed Completed 11/04/2021 9:00 AM Completed 11/09/2021 2:15 PM Skipped 10/25/2021 12:30 PM Completed 11/10/2021 12:46 AM Completed 11/29/2021 10:25 AM Completed 11/29/2021 10:59 AM Completed 11/29/2021 2:13 PM Completed 11/29/2021 3:31 PM Completed 11/29/2021 5:01 PM 12/14/2021 9:00 AM Packet Pg. 870 16.A.13.a BRENTWOOD LAKES (F/K/A TWIN EAGLES SOUTH - PHASE 1) LOCATION MAP a Packet Pg. 871 16.A.13. b EXCAVATION PERFORMANCE AGREEMENT THIS EXCAVATION. PERFORMANCE AGREEMENT entered into this 1 v"day of , 2019 between Naples Associates IV, LLLP, a Florida limited liability limited partnership, hereinafter referred to as "Developer," and the Board of County Commissioners 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 al. 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. PL20180002419 (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"). 2. Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $522,700.00 3. In 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. 4. 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. 5, 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. 6. In 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, the Excavation Work. The Developer, as principal under the excavation performance Packet Pg. 872 16.A.13. b 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, engineering, legal and contingent costs, together with any damages, either direct or consequential, which the Board may sustain on account of the failure of Developer to fulfill all of the provisions of this Agreement. 7. All of the terms, covenants and conditions herein contained are and shall be binding upon Developer and the respective successors and assigns of Developer. IN WITNESS WHEREOF, the Board and Developer have caused this Agreement to be executed by their duly authorized representatives this 201day of P br.ew , 2019. SIGNED IN THE PRESENCE OF: Sign: Printed Name: Sign: _ �f Printed Name: , I �C -I 1 ATTEST: Crystal K. Kinzel, CLERK Clerk of the Circuit Court & Comptroller Collier County, Florida Appt to f rm and legality: Scott A. Stdne Assistant County Attorney Naples Associates IV, LLLP, a Florida limited liability limited partnership By! Naples IV Corporation, a Florida cor its Gener Partner By: aria end r ident Board of County Commissioners of Collier County, Florid By: L �► as designee of the County Manager pursuant to Resolution No. 2015-162 Packet Pg. 873 e xk,614 "A" 16.A.13. b PERFORMANCE BOND FOR EXCAVATION WORK Bond No. 964219932 KNOW ALL PERSONS BY THESE PRESENTS: that Naples Associates IV, LLLP 1600 Sawgrass Corporate Parkway, Suite 400 Sunrise, FL 33323 (hereinafter referred to as "Owner") and Liberty Mutual Insurance Company 175 Berkley Street Boston, MA 02116 (hereinafter referred to as "Surety") are held and firmly bound unto Collier County, Florida, (hereinafter referred to as "County") in the total aggregate sum of Five Hundred Twenty Two Thousand Seven Hundred and no1100 Dollars ($522,700.00) in lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Owner and Surety are used for singular or plural, as the context requires. THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board a certain excavation permit no. PL20180002419 and that certain excavation permit shall include specific improvements which are required by Collier County Ordinances and Resolutions (hereinafter "Land Development Regulations"). This obligation of the Surety shall commence on the date this Bond is executed and shall continue until the date of completion of the work and approval by the County of the specific improvements described in the Land Development Regulations (hereinafter the "Guaranty Period"), or until replaced by a new bond in the event of a change in ownership. NOW, THEREFORE, if the Owner shall well, truly and faithfully perform its obligations and duties in accordance with the Land Development Regulations during the guaranty period established by the County, and the Owner shall satisfy all claims and demands incurred and shall fully indemnify and save harmless the County from and against all costs and damages which it may suffer by reason of Owner's failure to do so, and shall reimburse and repay the County all outlay and expense which the County may incur in making good any default, then this obligation shall be void, otherwise to remain in full force and effect. PROVIDED, FURTHER, that the said Surety, for value received hereby, stipulates and agrees that no change, extension of time, alteration, addition or deletion to the proposed specific improvements shall in any way 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 improvements. PROVIDED FURTHER, that it is expressly agreed that the Bond shall be deemed amended automatically and immediately, without formal and separate amendments hereto, so as to bind the Owner and the Surety to the full and faithful performance in accordance with the Land Development Regulations. The term "Amendment," wherever used in this Bond, and whether referring to this Bond, or other documents shall include any alteration, addition or modification of any character whatsoever. IN WITNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 31st day of January, 2019. Packet Pg. 874 16.A.13.b Witnesses: Printed Name: iTAi'e 7 Printed Name: Naples Associates IV, LLLP by: Naples IV Corporation, its General Partner (Corporate Seal) By:Vej:;�IWi!r N. Maria Menendez, Vice President Printed Name/Title (Provide Proper Evidence of Authority) ACKNOWLEDGEMENT STATE OF COUNTY OF 74qrnc,�:o.iYlener►dez E FORE,QQING PEFVRMANC OND WAS ACKNOWLED THIS DAY OF , 20 I-1 , BY AS,� OF WHO IS P RSONALLY KNO TO ME, OR HAS PRODUCED IU AS IDENTIFICATION t. 1 e Aas IV, t tip �. Notary Public - State of Florida Q,y%,�Cef kCk; Printed Name: WITNESSES: STATE OF Florida COUNTY OF Pinellas K. RINKER40LLAY MY COMMISSION t FF 899a EXPIRES: July 13, 2019 Bonded Thru Notary Public Underwrthn (SEAL) ( orporate Seal) By: f t�rx Kevn R. Wojtowicz, Attorney -In -Fact and Resident Agent Printed name/Title ACKNOWLEDGMENT THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS 31 st DAY OF January, 2019, BY Kevin R. Woitowicz AS Attorney -in -Fact OF Liberty Mutual Insurance Company WHO IS PERSONALLY KNOWN TO ME, OR HAS PRODUCED N/A AS IDENTIFICATION. Notary Public - State of Florida Printed Mme MARURET A SCHULZ SEAL) NOTW G0MM SWN # GG31l151616 Puftc STATE IpP111ES Nov.13, 2020 FLORIDA GONM TWIOUGM MI WAURANCE COM PAW Packet Pg. 875 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. 16.A.13.b This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein state . Certificate No. 70586DO American Fire and Casualty Company Liberty Mutual Insurance Company The Ohio Casualty Insurance Company West American Insurance Company POWER OF ATTORNEY KNOWN ALL PERSONS BY THESE PRESENTS: That American Fire & Casualty Company and The Ohio Casualty Insurance Company are corporations duly organized under the laws of the State of New Hampshire, that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts, and West American Insurance Company is a corporation duly organized under the laws of the State of Indiana (herein collectively called the "Companies"), pursuant to and by authority herein set forth, does hereby name, constitute and appoint, Edward M. Clark; Laura D. Mosholder d �a a all of the city of Sanford state of FL each individually if there be more than one named, its true and lawful attorney -in -fact to make, execute, seal, acknowledge ' and deliver, for and on its behalf as surety and as its act and deed, any and all undertakings, bonds, recognizances and other surety obligations, in pursuance of these presents and shall be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons. O U) IN WITNESS WHEREOF, this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed thereto this 16th day of July 2015 N0 CAS �� INS(i �1NSUk h1NSUR American Fire and Casualty Company ,)aI— I - )wo�r Ry2 �JP ``�` Q�P , �r?tip` The Ohio Casualty Insurance Company c_ a 1906 0 0 1919 ^ 1912 3 1991 ° Liberty Mutual Insurance Company 3 J O ' y West merican Insurance Company ~ 1, yF O Z.. F 1 u� .D .� _ n U1 `J!-{'d,>•: uAA•1�`�,`�a JSy a�A� 97 �3 SgCHt) 4 ~!2 G) * 1 * * * By: / N STATE OF PENNSYLVANIA ss David M. Care ,Assistant Secretary COUNTY OF MONTGOMERY Y ' tv dpt On this 16th day of July 2015 , before me personally appeared David M. Carey, who acknowledged himself to be the Assistant Secretary of American Fire and J v O Casualty Company, Liberty Mutual Insurance Company, The Ohio Casualty Insurance Company, and West American Insurance Company, and that he, as such, being authorized so to do, O p 2 execute the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. O ' 3: IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my notarial seal at Plymouth Meeting, Pennsylvania, on the day and year first above written. C '+ �p P pqs COMMONWEALTH OF PENNSYLVANIA NWF(� Notarial Seal m •y i y Teresa Pastella, Notary Public By: ' C ` of Plymouth Twp., Montgomery County Teresa Pastella, Notary Public N `P My Commission Expires March 28, 2017 O 2p�)C—�}�' Member, Pennsylvania Association of Notaries : O C cv This Power of Attorney is made and executed pursuant to an by authority of the following By-laws and Authorizations of American Fire and Casualty Company, The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and West American Insurance Company which resolutions are now in full force and effect reading as follows: _ m L ARTICLE IV - OFFICERS - Section 12. Power of Attorney. Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President, and subject m cm 4; to such limitation as the Chairman or the President may prescribe, shall appoint such attorneys -in -fact, as may be necessary to act in behalf of the Corporation to make, execute, seal, c O 01 c acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys -in -fact, subject to the limitations set forth in their respective E powers of attorney, shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so O t ,p executed, such instruments shall be as binding as if signed by the President and attested to by the Secretary. Any power or authority granted any representative or attorney -in -fact under M d t ,p the provisions of this article may be revoked at any time by the Board, the Chairman, the President or by the officer or officers granting such power or authority. K j M C ARTICLE XIII - Execution of Contracts - SECTION 5. Surety Bonds and Undertakings. Any officer of the Company authorized for that purpose in writing by the chairman or the president, W > i and subject to such limitations as the chairman or the president may prescribe, shall appoint such attomeys-in-fact, as may be necessary to act in behalf of the Company to make, execute, cc 0 seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys -in -fact subject to the limitations set forth in their - respective powers of attorney, shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so N executed such instruments shall be as binding as if signed by the president and attested by the secretary. rn Certificate of Designation - The President of the Company, acting pursuant to the Bylaws of the Company, authorizes David M. Carey, Assistant Secretary to appoint such attorneys -in- fact as may be necessary to act on behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety m obligations. -O Authorization - By unanimous consent of the Company's Board of Directors, the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the =O Company, wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds, shall be valid and binding upon the Company with m the same force and effect as though manually affixed. C I, Gregory W. Davenport, the undersigned, Assistant Secretary, of American Fire and Casualty Company, The Ohio Casualty Insurance Company, Liberty Mutual Insurance Company, and m West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full, true and correct copy of the Power of Attorney executed by said E Companies, is in full force and effect and has not been revoked. v IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seals of said Companies this -* A( S-7 day of a IN LC4 20' . Q NO CAS P01?INSbR P��NSUR NtN.SbgA ��� �x nor`•%�<. s'f'��vn��9?� `JS�)i,P:)liq; q'vcF FpC.µyoxarFG'�r - y: a 1906 0 1919 = 1912 ` 1991 B rsti _ 0 Gregory W. Davenport, Assistant Secretary.. LMS 12873 122013 Packet Pg. 876 21' Detail by Entity Name 116.A.13.b Department of State ! Division of Corporations 1 Search Records I Detail By Document Number. 1 Detail by Entity Name Florida Profit Corporation NAPLES IV CORPORATION Filing Information Document Number P13000028204 FEIIEIN Number 46-2483022 Date Filed 03/27/2013 State FL Status ACTIVE Principal Address 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 Mailing Address 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 Registered Agent Name & Address HELFMAN, STEVEN M, ESQ 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 Officer/Director Detail Name & Address Title P T EZRATTI, MISHA J. 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 Title VP, AS FANT, ALAN J. 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 NORWALK, RICHARD M, 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE. FL 33323 http://search.sunbiz.orgllnquirylCorporationSearchlSearchResuMetail?inquirytype-EntityName&directionType=Initial&searchNameOrde Packet Pg. 877 Detail by Entity Name Title VP ARKIN, RICHARD A. 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 Title VP, Treasurer MENENDEZ, N. MARIA 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 Title S HELFMAN, STEVEN M. 1600 SAWGRASS CORPORATE PARKWAY SUITE 400 SUNRISE, FL 33323 Annual Reports Report Year Filed Date 2017 04/21 /2017 2018 04/13/2018 2019 02/14/2019 Document Images 02/14/2019 -- ANNUAL REPORT 04/13/2018 -- ANNUAL REPORT 04/21/2017 -- ANNUAL REPORT 04/25/2016 -- ANNUAL REPORT View image in PDF format View image in PDF format View image in PDF format View image in PDF format 04/29/2015 -- ANNUAL REPORT View image in PDF format 05/01/2014 -- ANNUAL REPORT View image in PDF format http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&d irectionType=1 nitial&searchNameOrde Packet Pg. 878