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Backup Documents 02/08/2022 Item #16A 3 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO 1 6 A 3THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. l lie completed routing slip and original documents HIT in he forwarded to the('uunte 111nrne)0Ilirc al the time the item is placed on the agenda. .%II completed routing slips and original documents must be received in the('ounty Allornet I)Ilice no lair, than Monday preceding the Board meeting. **NEW** ROUTING SLIP Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed lithe document is already complete with the exception of the Chairman's signature,draw a line through routing lines#1 through#2,complete the checklist,and forward to the County Attorney Office Route to Addressee(s) (List in routing order) Office Initials Date 1. 2. 3. County Attorney Office County Attorney Office P (A-11-1/ 4. BCC Office Board of County Commissioners 4/ 6/8 2? 5. Minutes and Records Clerk of Court's Office dtva roq ti PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above,may need to contact staff for additional or missing information. Name of Primary Staff Lucia S. Martin Phone Number x-2279 Contact/ Department Agenda Date Item was 02/08/2022 Agenda Item Number 16.A.3 Approved by the BCC Type of Document Plat Number of Original 1 Attached Documents Attached PO number or account number if document is to be recorded INSTRUCTIONS & CHECKLIST Initial the Yes column or mark"N/A"in the Not Applicable column,whichever is Yes N/A (Not appropriate. (Initial) Applicable) 1. Does the document require the chairman's original signature? LM 2. Does the document need to be sent to another agency for additional signatures? If yes, N/A provide the Contact Information(Name;Agency;Address; Phone)on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman,with the exception of most letters,must be reviewed and signed by the Office of the County Attorney. LM 4. All handwritten strike-through and revisions have been initialed by the County Attorney's N/A Office and all other parties except the BCC Chairman and the Clerk to the Board 5. The Chairman's signature line date has been entered as the date of BCC approval of the LM document or the final negotiated contract date whichever is applicable. 6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's LM signature and initials are required. 7. In most cases(some contracts are an exception),the original document and this routing slip should be provided to the County Attorney Office at the time the item is input into SIRE. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on 2/08/2022 and all changes made during the meeting have been incorporated in the attached document. 'The County Doe Attorney's Office has reviewed the changes,if applicable. Y�J 1 1'at 9. Initials of attorney verifying that the attached document is the version approved by the BCC,all changes directed by the BCC have been made,and the document is ready for the ,n f1 r steei Chairman's signature. �/Y „I • I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05;Revised 11/30/12 1 6 A s CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS entered into this S " day of May, 2022 between Lennar Homes, LLC and KLLB AIV, LLC, hereinafter referred to as "Developer," and the Board of County Commissioners of Collier County, Florida, hereinafter referred to as the "Board." RECITALS: A. Developer has, simultaneously with the delivery of this Agreement, applied for the approval by the Board of a certain plat of a subdivision to be known as: Ranch at Orange Blossom Phase 5A. B. Chapters 4 and 10 of the Collier County Land Development Code requires the Developer to post appropriate guarantees for the construction of the improvements required by said subdivision regulations, said guarantees to be incorporated in a bonded agreement for the construction of the required improvements. 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: 1. Developer will cause to be constructed: the required subdivision improvements as indicated on the opinion of probable cost prepared by Barraco and Associates, Inc. (attached hereto as Exhibit "C") within 24 months from the date of approval of said subdivision plat, said improvements hereinafter referred to as the required improvements. 2. Developer herewith tenders its subdivision performance security(attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of$14,529.90 which amount represents 10% of the total contract cost to complete construction plus 100% of the estimate cost of to complete the required improvements at the date of this Agreement. 3. In the event of default by the Developer or failure of the Developer to complete such improvements within the time required by the Land Development Code,Collier County, may call upon the subdivision performance security to insure satisfactory completion of the required improvements. 4. The required improvements shall not be considered complete until a statement of substantial completion by Developer's engineer along with the final project records have been furnished to be reviewed and approved by the County Manager or designee for compliance with the Collier County Land Development Code. 5. The County Manager or designee shall,within sixty(60)days of receipt of the statement of substantial completion,either:a)notify the Developer in writing of his preliminary approval of the improvements; or b) notify the Developer in writing of his refusal to approve improvements, therewith specifying those conditions which the Developer must fulfill in order to obtain the County Manager's approval of the improvements. However, in no event shall the County Manager or designee refuse preliminary approval of the improvements if they are in fact constructed and submitted for approval in accordance with the requirements of this Agreement. [21-EIS-04469/1686591/1] Page 1 of 4 6A 3 6. The Developer shall maintain all required improvements for a minimum period of one year after preliminary approval by the County Manager or designee. After the one year maintenance period by the Developer has terminated, the Developer shall petition the County Manager or designee to inspect the required improvements.The County Manager or designee shall inspect the improvements and, if found to be still in compliance with the Collier County Land Development Code as reflected by final approval by the Board,the Board shall release the remaining 10%of the subdivision performance security.The Developer's responsibility for maintenance of the required improvements shall continue unless or until the Board accepts maintenance responsibility for and by the County. 7. Six(6) months after the execution of this Agreement and once within every six (6) months thereafter the Developer may request the County Manager or designee to reduce the dollar amount of the subdivision performance security on the basis of work complete. Each request for a reduction in the dollar amount of the subdivision performance security shall be accompanied by a statement of substantial completion by the Developer's engineer together with the project records necessary for review by the County Manager or designee.The County Manager or designee may grant the request for a reduction in the amount of the subdivision performance security for the improvements completed as of the date of the request. 8. In the event the 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 subdivision performance security to secure satisfactory completion, repair and maintenance of the required improvements. 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 improvements required herein. The Developer, as principal under the subdivision 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, engineering, legal and contingent costs, together with any damages, either direct or consequential, which the Board may sustain on account of the failure of the Developer to fulfill all of the provisions of this Agreement. 9. All of the terms, covenants and conditions herein contained are and shall be binding upon the Developer and the respective successors and assigns of the Developer. [Space Intentionally Left Blank] [21-EIS-04469/1686591/11 Page 2 of 4 16A 3 IN WITNESS WHEREOF,the Board and the Developer have caused this Agreement to be executed by their duly authorized representatives this_4'day of May 2022. Signed in the Pr sence of: "2":„..„. 1 v...e Witness#1 Signature AS TO ELOP. ' ��-jw1U All -nnar - e., LLC Witness#1-Printed Name . .4,1004 2 ; �7`; �� . . Ru•.ell R. I S *th Vic President Witness#2 S nature 1 / / Evidence of signi : authority attached hereto kql-kt I /�_<< F' as Exhibit"B" Witness#2inted Name [Additional Signature Page Follows] 121-EIS-04469/1686591/1] Page 3 of 4 I 6 A 3 Signed in the Presence of: 7710(01 4.6/ Witness#1 Signature AS TO DEVELOPER: WafhWitness #1Printed Name By: • Ryan ott,Authorized Signatory Witness#2 Signature ritia n If Evidence of signing authority attached hereto (' as Exhibit"B" Witness#2 Printed Narvi AS TO BOARD: ATTEST: BOARD OF COUNTY COMMISSIONERS CRYSTAL K. KINZEL,cLfRK COLLIER COUN ;t' - . - 61) AIW .66 -)AkkjiVA By. • < I` By. ,' yep -rk Wil am L. McDaniel, Jr. Attest as to Chairman.'.5 Cha rrean sinature only.. A oved as to form and legality: Derek D. Perry Assistant County Attorney [21-EIS-04469/1686591/11 Page 4 of 4 1 6 A 3 EXHIBIT "A" 1 6 A 3 FIDELITY GUARANTY AND ACCEPTANCE CORP . 700 NW 107 AVENUE - SUITE 204 MIAMI . FLORIDA 33172 PHONE ( 305 ) 553- 8724 IRREVOCABLE STANDBY LETTER OF CREDIT NO. FGAC-22200 ISSUER: FIDELITY GUARANTY AND ACCEPTANCE CORP.(HEREINAFTER"ISSUER") 700 NW 107TH AVENUE,SUITE 204 MIAMI, FLORIDA 33172 PHONE(786)257-4353 DATE OF ISSUE: APRIL 12,2022 PLACE OF EXPIRY: AT ISSUER'S COUNTERS LOCATED AT 700 NW 107 AVE,SUITE 204 MIAMI, FLORIDA 33172 DATE OF EXPIRY: THIS CREDIT SHALL BE VALID UNTIL. APRIL 12, 2023,AND SHALL THEREAFTER BE AUTOMATICALLY RENEWED FOR SUCCESSIVE ONE-YEAR PERIODS ON THE ANNIVERSARY OF THE ISSUE UNLESS AT LEAST SIXTY (60) DAYS PRIOR TO ANY SUCH ANNIVERSARY DATE, THE ISSUER NOTIFIES THE BENEFICIARY IN WRITING BY REGISTERED MAIL THAT THE ISSUER ELECTS NOT TO RENEW THIS CREDIT. APPLICANT: LENNAR HOMES, LLC.(HEREINAFTER"DEVELOPER") 10481 BEN C PRATT SIX MILE CYPRESS PARKWAY • FORT MYERS,FLORIDA 33966 BENEFICIARY: THE BOARD OF COUNTY COMMISSIONERS,COLLIER COUNTY, FLORIDA (HEREINAFTER"BENEFICIARY") C/O GROWTH MANAGEMENT DEPARTMENT 2800 NORTH HORSESHOE DRIVE NAPLES,FL 34104 AMOUNT: UP TO AN AGGREGATE AMOUNT OF $14,529.90 (FOURTEEN 'THOUSAND FIVE HUNDRED TWENTY-NINE AND 90/100 US DOLLARS) RE: INFRASTRUCTURE CONSTRUCTION PROJECT NAME: RANCH AT ORANGE BLOSSOM PHASE SA CREDIT AVAILABLE WITH: ISSUER BY: PAYMENT AGAINST DOCUMENTS DETAILED HEREIN AND BENF;FI(I ARTS DRAFTS AT SIGHT DRAWN ON THE ISSUER. DOCUMENTS REQUIRED: AVAILABLE BY BENEFICIARY'S DRAFT(S) AT SIGHT DRAWN ON THE ISSUER AND PRESENTED AT PLACE OF EXPIRY ACCOMPANIED BY BENEFICIARY'S STATEMENT PURPORTEDLY MANUALLY SIGNED AND DATED BY THE COUNTY MANAGER,OR HIS DESIGNEE,CERTIFYING THAT: A. "(I)DEVELOPER HAS FAILED TO CONSTRUCT AND/OR MAINTAIN THE IMPROVEMENTS ASSOCIATED WITH THAT CERTAIN PLAT OF A SUBDIVISION KNOWN AS RANCH AT ORANGE BLOSSOM PHASE 5A AS REQUIRED BY COLLIER COUNTY ORDINANCES AND RESOLUTIONS(THE "LAND DEVELOPMEN 1 REGULATIONS"): (II) DEVELOPER HAS BEEN GIVEN WRITTEN NOTICE DESCRIBING THE EVENT OR CONDITION OF SUCH DEFAULT IN REASONABLE DETAIL BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED; AND (III)THE DEFAULT HAS NOT BEEN CURED WITHIN THE CURE PERIOD PROVIDED FOR THEREIN, IF ANY."; OR B. "A FINAL INSPECTION OF THE IMPROVEMENTS FOR RANCH AT ORANGE BLOSSOM PHASE SA AS REQUIRED BY COLLIER COUNTY ORDINANCES AND RESOLUTIONS (THE "LAND DEVELOPMENT REGULATIONS")SATISFACTORY TO COLLIER COUNTY HAS NOT BEEN PERFORMED PRIOR TO THE DATE OF EXPIRY, AND A SATISFACTORY ALTERNATIVE PERFORMANCE SECURITY' HAS NOT BEEN PROVIDED TO AND ACCEPTED BY THE BENEFICIARY." 1 6 A 3 FIDELITY GUARANTY AND ACCEPTANCE CORP . 7 0 0 NW 1 0 7 AVENUE - SUITE 2 0 4 M I A M I . FLORIDA 3 3 1 7 2 PHONE ( 305 ) 553 - 8724 TIIIS IS AN INTEGRAL PART OF LETTER OF CREDIT NO. FGAC-22200 PAGE 2 DRAFT(S) DRAWN UNDER THIS LETTER OF CREDIT SHALL BE MARKED: "DRAWN UNDER FIDELITY GUARANTY AND ACCEPTANCE CORP. CREDIT NO. FGAC-22200, DATED APRIL 12, 2022" AND MUST BE ACCOMPANIED BY THIS ORIGINAL LETTER OF CREDIT AND ALL ORIGINAL AMENDMENTS, IF ANY, FOR PROPER ENDORSEMENT. THIS LETTER OF CREDIT SETS FORTH IN FULL THE TERMS OF THE ISSUER'S UNDERTAKING,AND SUCH UNDERTAKING SHALL NOT IN ANY WAY BE MODIFIED, AMENDED, OR AMPLIFIED BY REFERENCE TO ANY DOCUMENT, INSTRUMENT,OR AGREEMENT REFERENCED TO HEREIN OR IN WHICH THIS LETTER OF CREDIT RELATES,AND ANY SUCH REFERENCE SHALL NOT BE DEEMED TO INCORPORATE HEREIN BY REFERENCE ANY DOCUMENT,INSTRUMENT OR AGREEMENT. ISSUER HEREBY ENGAGES WITH BENEFICIARY THAT DRAFT(S) DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CREDIT WILL.BE DULY HONORED BY ISSUER IF PRESE\WED WITHIN THE VALIDITY OF THIS CREDIT TOGETHER WITH THE DOCUMENTS REQUIRED HEREIN AT IHF: PLACE OF EXPIRY PRIOR TO 4:00 P.M.EST.ON OR PRIOR TO THE DATE OF EXPIRY.PRESENTATIONS IIAI BE MADE BY CERTIFIED OR REGISTERED MAIL,RETURN RECEIPT REQUESTED OR BY FEDERAL EXPRESS OR ANY OTHER NATIONALLY RECOGNIZED COURIER COMPANY. THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS(2007 REVISION) INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO.600. 11E1E1,I I l GUARANTY AND ACCEPTANCE CORP. JOY CHAMBERS,AUTHORIZED AGENT 1 6A 3 EXHIBIT "B" 16A 3 KENNEDY / LEWIS INVESTMENT MANAGEMENT I,Anthony Pasqua, Managing Partner of Kennedy Lewis Investment Holdings II LLC,the controlling entity of Kennedy Lewis GP II LLC and Kennedy Lewis GP III LLC,the controlling entities of the entities listed in the Appendix (the "Entities") do hereby certify and represent as of January 26, 2022 that: The following individual(s) is/are duly authorized to act as agent for the Entities for the following purposes: signing and executing memorandum of options, specialty warranty deeds, bill of sale and general assignment, option agreements, construction agreements, purchase agreements, notice of termination of option and quitclaim, and anything else in the normal course as it relates to investments within the Entities. The Entities have taken all necessary corporate action to authorize the following person(s), identified by name and specimen signature below, to act as authorized officer(s) empowered by it to individually take any of the foregoing actions on behalf of the Entities. Such persons are duly authorized officers of the Entities holding the respective office(s) or title(s) set forth opposite the names below.The signatures set forth below, opposite the respective name(s), are true and genuine signatures. This certification supersedes all prior authorization, power of attorney or certification; it will remain in effect and fully binding until further notice. The power to represent the Entities as above provided may not be further delegated. NAME TITLE SPECIMEN SIGNATURE Ryan Mott Authorized Signatory IN WITNESS WHEREOF, I have hereunto affixed my signature,this day of January 26, 2022 a� 1 Anthony Pasqua Managing Partner 16A 3 KENNEDY / LEWIS INVESTMENTIn MANAGEMENT APPENDIX KL LHB AIV LLC KL LHB CHP AIV LLC KL LHB PHL AIV LLC KL LHB DSD AIV LLC KL LHB AZ AIV LLC KLLB AIV LLC KL LHB3 AIV LLC DocuSign Envelope ID: 17847EB6-A80E-4E98-89C2-8732609C4D08 S WRITTEN CONSENT TO COMPANY ACTION BY THE SOLE MEMBER OF LENNAR HOMES, LLC January 28, 2020 The undersigned, being the sole member of LENNAR HOMES, LLC, a Florida limited liability company (the "Company"), pursuant to the provisions of the Florida Limited Liability Company Act and the Amended and Restated Operating Agreement of the Company, hereby agrees and consents to the adoption of, and does hereby adopt, the following resolution: RESOLVED, that Russell Smith be, and hereby is, elected to the office of Vice President of the Company, to serve the Company in such capacity until the next annual meeting of the member of the Company, or until a successor is duly elected and qualified, or until his earlier resignation or removal from office. A facsimile or PDF of a signature, or an electronic signature, to this Written Consent shall be deemed as valid as an original signature thereto. IN WITNESS WHEREOF,the undersigned has executed this Written Consent effective as of the date first written above. SOLE MEMBER: U.S. HOME CORPORATION, a Delaware corporation —DocuSigned by: 1ti4yt S LI s at&o. By: Mark S�ust7o ana, Vice President 1 6 A 3 EXHIBIT "C" 1 6 A 3 . Barraco www.barraco.net and Associates, Inc. Civil Engineers, Land Surveyors and Planners ENGINEER'S OPINION OF PROBABLE COST for the construction of RANCH AT ORANGE BLOSSOM PHASE 5A PPL Amendment December 2, 2021 ITEM UNIT NO. DESCRIPTION QUANTITY UNIT PRICE AMOUNT I. ROADWAY 160-i Type "B" Stabilization (12") 367 SY $5.0o $1,835.00 200-1 Limerock Base w/Prime Coat (6") 294 SY $ii.00 $3,234.00 331-1 Asphalt Concrete Type S-III 3/4" (1st lift) 294 SY $5.00 $1,470.00 331-2 Asphalt Concrete Type S-III 3/4" (2nd lift) 294 SY $5.00 $1,470.00 700-1 Signing and Pavement Markings 1 LS $1,000.00 $1,0oo.00 SUB-TOTAL: $9,009.00 II. LANDSCAPING A. Sabal Palm 12 EA $350.00 $4,200.0o SUB-TOTAL: $4,200.00 TOTAL: $13,209.00 10% BOND TOTAL: $1,320.90 BOND TOTAL: $14,529.90 Estimated Date of Completion: 06/22 Barraco and Associates, Inc. 2271 McGregor Boulevard, Suite too Fort Myers, FL 33901 Certificate of Authorization No. 7995 `tilllllilf/f, \ ,1\� ft.. EA ?,//�j No.38536 ,, * _ fi Au c>. / Si9' -2'L Car A. �:raco;-e1071.' `Florida P.I~;.No.38536-, ' For the Firm 1