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Agenda 09/13/2022 Item #16A14 (Resolution - Final Acceptance Esplanade at Hacienda Lakes Phase One)09/13/2022 EXECUTIVE SUMMARY Recommendation to approve a Resolution for final acceptance of the private roadway and drainage improvements, and acceptance of the plat dedications, for the final plat of Esplanade at Hacienda Lakes Phase One, Application Number PL20120002539; and authorize the release of the maintenance security in the amount of $289,448.21. OBJECTIVE: To have the Board of County Commissioners (Board) accept final approval of the infrastructure improvements associated with the subdivision, accept the plat dedications, and release the maintenance security. CONSIDERATIONS: 1) On November 10, 2014, the Growth Management Department granted preliminary acceptance of the roadway and drainage improvements in Esplanade at Hacienda Lakes Phase One. 2) The roadway and drainage improvements will be maintained by Esplanade at Hacienda Lakes Homeowners Association, Inc., and Hacienda Lakes Community Development District. 3) The required improvements have been constructed in accordance with the Land Develop ment Code. The Growth Management Department has inspected the improvements on July 25, 2022 and is recommending final acceptance of the improvements. 4) A resolution for final acceptance has been prepared by staff and approved by the County Attorney's Office. The resolution is a requirement of Section 10.02.05 C of the Land Development Code. A copy of the resolution is attached. FISCAL IMPACT: The roadway and drainage improvements will be maintained by Esplanade at Hacienda Lakes Homeowners Association, Inc., and Hacienda Lakes Community Development District. The existing security in the amount of $289,448.21 will be released upon Board approval. The original security in the amount of $2,441,837.34 has been reduced to the current amount of $289,448.21 based on the work performed and completed and pursuant to the terms of the Construction and Maintenance Agreement dated March 6, 2014. 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 grant final acceptance of the roadway and drainage improvements in Esplanade at Hacienda Lakes Phase One, Application Number PL20120002539, and authorize: 1. The Chairman to execute the attached resolution authorizing final acceptance of the improvements and plat dedications. 2. The Clerk of Courts to release the maintenance security. Prepared By: Lucia S. Martin, Associate Project Manager, Development Review Division ATTACHMENT(S) 1. Location Map (PDF) 2. Bond Basis (PDF) 3. Resolution (PDF) 4. Plat Map (PDF) 16.A.14 Packet Pg. 636 09/13/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.14 Doc ID: 22950 Item Summary: Recommendation to approve a Resolution for final acceptance of the private roadway and drainage improvements, and acceptance of the plat dedications, for the final plat of Esplanade at Hacienda Lakes Phase One, Application Number PL20120002539; and authorize the release of the maintenance security in the amount of $289,448.21. Meeting Date: 09/13/2022 Prepared by: Title: Technician – Growth Management Development Review Name: Lucia Martin 08/02/2022 4:06 PM Submitted by: Title: Environmental Specialist – Growth Management Department Name: Jaime Cook 08/02/2022 4:06 PM Approved By: Review: Growth Management Operations & Regulatory Management Kenneth Kovensky Additional Reviewer Completed 08/02/2022 4:29 PM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 08/08/2022 8:40 AM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 08/08/2022 9:14 AM Growth Management Department Jaime Cook Additional Reviewer Completed 08/08/2022 10:00 AM Growth Management Department Diane Lynch Growth Management Department Completed 08/09/2022 3:07 PM Growth Management Department Jeanne Marcella Transportation Skipped 08/09/2022 8:17 AM Growth Management Department James C French Growth Management Completed 08/09/2022 6:13 PM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 08/16/2022 4:34 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/17/2022 8:57 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/17/2022 11:07 AM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 08/17/2022 2:47 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 09/01/2022 12:21 PM Board of County Commissioners Geoffrey Willig Meeting Pending 09/13/2022 9:00 AM 16.A.14 Packet Pg. 637 ESPLANADE AT HACIENDA LAKE PHASE ONE LOCATION MAP 16.A.14.a Packet Pg. 638 Attachment: Location Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS entered into this 6th day of March / ____ / _____ , 20 14 between •---�, ..... "' 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 certain plat of a subdivision to be known as: Esplanade at Hacienda Lakes Phase One B.Chapter 4 and 10 of the Collier County Land Development Code required 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: 11:)CLt",�; �)bt.Q.." '?WtN & .t t>� 1')l\E:& within 12 months from the date of approval 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$ 2.441 .e31_34 -which amount represents 10% of the total contract cost to complete the construction plus 100% of the estimated 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 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 app�oved by the County Manager or his designee for compliance with the Collier County Land Development Code. 5.The County Manager or his 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 his 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. 6.The Developer shall maintain all required improvements for a minimum period of one year after preliminary approval by the County Manager or his designee. After the one year maintenance period by the Developer has terminated, the Developer shall petition the County Manager or his designee to inspect the required improvements. The County Manager or his designee shall inspect the improvements and, if found to be still in compliance with the 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. 16.A.14.b Packet Pg. 639 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.b Packet Pg. 640 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) PERFORMANCE BOND KNOW ALL PERSONS BY THESE PRESENTS: that Bond No. SU1124519 Taylor Morrison of Florida, Inc. 551 North Cattlemen Road, Suite 200 Sarasota, Florida 34232 (hereinafter referred to as "Owner") and Arch Insurance Company 1125 Sanctuary Parkway, Suite 200 Alpharetta, GA 30009 (404)682-3899 (NAME OF OWNER) (ADDRESS OF OWNER) (ADDRESS OF OWNER) (NAME OF SURETY) (ADDRESS OF SURETY) (ADDRESS OF SURETY) (TELEPHONE NUMBER OF SURETY) (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 Two Million Four Hundred Forty One Thousand Eight Hundred Thirty Seven and 34/100 Dollars ($2,441,837.34) 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 OBL:IGATION is such that whereas, the Owner has submitted for approval by the Board of a certain subdivision plat named Esplanade at Hacienda Lakes, Phase 1 and that certain subdivision 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 final acceptance by the Board of County Commissioners of the specific improvements described in the Land Development Regulations (hereinafter the "Guaranty Period"). 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 16.A.14.b Packet Pg. 641 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.b Packet Pg. 642 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.b Packet Pg. 643 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.b Packet Pg. 644 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.b Packet Pg. 645 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.b Packet Pg. 646 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.b Packet Pg. 647 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) III 11 AIC 0000115392 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON BLUE BACKGROUND. 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 stated. Not valid for Mortgage, Note, Loan, Letter of Credit, Bank Deposit, Currency Rate, Interest Rate or Residential Value Guarantees. POWEROF ATTORNEY Know All Persons By These Presents: That the Arch Insurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey( hereinafter referred to as the"Company")does hereby appoint: Anett Cardinale, David H. Carr, Diane Sidebotham, Eileen C. Heard and Margaret A. Ginem of Tampa, FL(EACH) its true and lawful Attorney(s)in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as surety, and as its act and deed: Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding Ninety Million Dollars ($90,000,000.00). This authority does not permit the same obligation to be split into two or more bonds In order to bring each such bond within the dollar limit of authority as set forth herein. The execution of such bonds, undertakings, recognizances and other surety obligations in pursuance of these presents shall be as binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal administrative office in Jersey City, New Jersey. This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Directors of the Company on September 15, 2011, true and accurate copies of which are hereinafter set forth and are hereby certified to by the undersigned Secretary as being in full force and effect: VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the power and authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set forth in their respective powers of attorney, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent of the Board of Directors of the Company on September 15, 2011: VOTED, That the signature of the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixed by facsimile on any power of attorney or bond executed pursuant to the resolution adopted by the Board of Directors on September 15, 2011, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. 00ML0013 00 03 03 Page 1 of 2 Printed in U.S.A. 16.A.14.b Packet Pg. 648 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) AIC 0000115392 In Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized officers,this 7m day of May, 2014. Attested and Certified Arch Insurance Company l anCp E'o UVIIrt 11111E 4 j44i a..t. i il--44 Patrick K. Nails, Secretary David M. inA e stein, Executive Vice President Mtssaur>t STATE OF PENNSYLVANIA SS COUNTY OF PHILADELPHIA SS I, Helen Szafran, a Notary Public, do hereby certify that Patrick K. Nails and David M. Finkelstein personally known to me to be the same persons whose names are respectively as Secretary and Executive Vice President of the Arch Insurance Company, a Corporation organized and existing under the laws of the State of Missouri, subscribed to the foregoing instrument, appeared before me this day in person and severally acknowledged that they being thereunto duly authorized signed, sealed with the corporate seal anddeliveredthe said instrument as the free and voluntary act of said corporation and as their own free and voluntary acts for the uses and purposes therein set forth.COMMONWEALTH 911 riNNEYLVANIA_ NOTARIAL SEAL HELEN SIAFRAN.Notary Public Cly of Pnlladelphia, Phila. My Commission Expires Oilcber 3. 17 elen Szafran, 16/ JtaryPubli My commission expires 10/03/2017 CERTIFICATION I, Patrick K. Nails, Secretary of the Arch Insurance Company, do hereby certify that the attached Power of Attorney dated May 7, 2014 on behalf of the person(s) as listed above is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do further certify that the said David M. Finkelstein, who executed the Power of Attorney as Executive Vice President, was on the date of execution of the attached Power of Attorney the duly elected Executive Vice President of the Arch Insurance Company. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the Arch Insurance Company on this 2nd day of December , 2014 drdpfr/+/ Patrick K. Nails, Secretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have no authority to bind the Company except in the manner and to the extent herein stated. PLEASE SEND ALL CLAIM INQUIRIES RELATING TO THIS BOND TO THE FOLLOWING ADDRESS: Arch Insurance—Surety Division 3 Parkway,Suite 1500 60- a00 C' c Philadelphia,PA 19102 9j W/U[M17f V. SEAL a1971 Mtssotu 00ML0013 00 03 03 Page 2 of 2 Printed in U.S.A. 16.A.14.b Packet Pg. 649 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) eo'le-r County -, =-:..._ ,,,,, J une 15, 2020 Arch Insurance Company Growth Manage�ent Departm�t Development Review Division 1125 Sanctu ary Parkway, Ste. 200 Alpharetta, GA. 30009 RE: Performance Bond o. SU 112451 9 / Taylor Morrison Esplanade at Hacienda Lakes Phase 1 -PL20120002539 Dear ir or Madam: Please be advised that based on the work completed and inspected to date, the subject Performance Bond may now be reduced by $134.936.00. leaving an available surety of $289 .448.21. The remaining surety represents $67.4 63.00 in uncompleted improvements , plus the 10% maintenance security of $221,985.21 An original Bond Rider should be submitted to this oflice reducing the value of the security, all other terms and conditions of the original Performance Bond to remain in full force and effect'·. If I can be of any further assi stance to you in this regard. please let me know. incerely. jol--1111, H-01A.L�swortvi John R. Houldsworth enior Site Plans Reviewer With authority in these matters Cc: Jeremy Arnold. PE. Waldrop Engineering ------®------ Oeveq:rnent Review DMsal '21m l'b1h 1-useshoe DIM! • Napes, Fkrrll 34104 • 239-252-2400 , www.cx:ismJllyfl.ge,., 16.A.14.b Packet Pg. 650 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) l his is a Duplicatc Oririnal Ridcr Originally Fixccutcd on 6/17l2020 l)ecrease PENALTY RIDER BO\r).\\ror\r sl2]J.ELl]ll BoNr)ro.sr lr2rsr9 l o bc attached :rnd form r part of llond No. !!ll!!!!!l dated the.!51! day ofJanuarl, 201.1, executed by AllLbllMj.gglilf_as surety, on bchalf of &y!gLL&IIb!!_qLE!gdjhJI!. as current principal of record, and in favor of!q!!gL1Qgg4q-f!, as Obligee, and in the amount of l'our llun(lred l'Four'l horrsand'l-hrec Hundrcd Lishtv Four Dollrrs nnd 00/100 ( s.l2.l,l n{.0 o ) In consideration of the agreed premium charged for this bond, it is understood and agreed that Arch lnsurancc Companv here bv consents that effective from the l5O day ofJglg, 2!2!, said bond shall be amended as follows: TllE BOND PENAI,TY SHAI,L BE Decrersed: Ftto Nl: Four Hundred l wcntv Four Thousand'l hree Hundred Eishtv Four Dollars n d 00/100 (S.l2l.3tt{.00) -l O: 'l wo llundretl lliqhtv Ninc I'housrnd Fou r llundred !'ortv Eicht Dollars antl 2l / 100 (s289.{{8.2 t ) l'he Decrease of said bond penalty shall be effective as ofthe 15!! day of lg4g, !!!Q, and does hereby agrce thnt the continuity of pro(eclion under said bond subject to changes in penalty shall Dot be impaired hcreby, provided that the aggregate liability of the above mentioned bond shall not erceed the amount of liability assumed by it at the time the act and/or acts of default were committed nnd in no event shrll such liability be cumulative. Signed, serled :rnd dn(cd this !2!b dny of November,2!2q. Nlorrison of l lorida Inc Pt{t\( ,\t. B'I : ,\ rch ln\urrnre ('ompan] .h\hux Srnnlrd. .\ I TOR\El -l\-t \( l ,r'"'-tr;[ ACREUT) l O 1\l) \( C]:l'tfl) l|]: ( ollicr County, Fl- otll_t (; u[] caroa,{lt rht t9t1 lhed oe 't 'l-r St RH-T} 16.A.14.b Packet Pg. 651 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) Arc 0000322620 Thk Potcr of Aoon y li,itu tt .tt of thotc na .d har.ir, .nd ,h.f hrv. no uthotiry b bind lh. Corpaif a,c.pt in th. r.nnct oad ,o th. &nt h.Ein sr.t tL Nol volU lot No,, Lo. , Ldt . of Ct dl, Crn rcf ntk, It cr.$ Rtu oe R.Jid.rrtiol Vdhc cua,,'iLcs. POWER OF ATTO&\EY Know All Pcnor. By Th.r. Prc$rtt: That th. Arch InsuEncc Compary, a coQotztiotr Gganizcd and.xistir8 urdd thc laws of lhc Stst. ofMissou.i, having its principal administnliv. officc in Jcrscy City, Ncw Jcrscy (hcrqnafrd rcfcrcd to s th. "Company") docs h6cby appointl Airn.. R P.rondim, Aizl Atrdcrlor, B.lh.Dy Stcr.rton, Drri.ll. D. JohNor, Doro. M. PLB.t1 E c Strb., Jortu. Srllfor4 M.rccd.t Pho.hirrth, Mich.I. Arn! Ucytton, S.ntu.l E. Acgu, rrd Ttoyr Nguy.r or H.rtfor4 CT (EACH) its tIuc ed l.wtul Attomcy(s)i.-Fact, to makc, executc, scal, End deliver from thc date of issuancc of tlis pow6 for and on its bchalfas suety, ed as irs act ed dccd: Any and lll bonds, und.rilkin8s, r..ogniza"ccs and othcr surcty obligations, in th. pcnd sum not .xcccding Ninctv Million Dollm (90.000.000.00). This suthority dcs nol permit ttc samc obliSltion to bc splx inlo two or rnotE bonds In ordcr to bring each such bond wilhin th! dollar limit of authonly as sd fonh Thc cxccutlon ofsuch bonds, undcnakinSs. rccognizanccs and olhcr surcry obligatims in pusu,nc. ofrh6c pBenrr shau b< a binding upon th€ said Company as tully and amply to all intcnls and purposcs, as ifrhc smc had b€cn duly sxccutcd rnd acknowlcdgcd by its rcgularly cl.ct.d omc.rs ar rts principal adminis!-ativc oficc in J.B.y City, New J6scy. This Pown ofAttomcy is cxccut.d by luthority ofrcsolutions adoptcd by u.simm const ofthc Board of Dircctols oflh. Compmy on Septcmbct 15,2020, truc ud accuratc copi6 ofwhich ar! hcrcinafilr sct fonh and ar€ h6.by c.nificd to by lh. und6iSrcd Sccrctary s ban8 in tull forcc and cfi€ct: "VOTCD, That lhc Ch.ime of fi. Bolrd. $c Pr6id.nt, or tic Exdutivc Vicc Prcsidcnt. or any Ssiior Vic. Pr6idat, of thc Surcty Businass Division, or thcir appointcd dGignatcd in writing and filcd *'rth thc Sccrctary. or thc Sccr€t&y shsll havc thc powcr snd authority to ippoinr a8c.ts snd atlom€ys-ir-tac! ard to aurhoriz€ thcm subjdt lo the limitatims lct fonh ill thcir r6p€ctiv. powcl: of attomcy, to cxccutc on bchalf of the Compiny, and attach th. s€al of thc Company lhcrao, bonds, undctakrngs, rEcognizanc.s and oth6 sur.ty obligalions oblig.iory in thc naturc ther.ot and any such officcrs of thc Company may appoint a8.n!s for a.cQtancc of This Powd of Attorncy is siSEcd, scalcd and ccrtiEed by fscsirnil. udcr and by au6ority of orc followrng rBolution adoptcd by lhc una nou! conscnt of rhe Board of DiEcrors ofthc Company on S€ptanbcr 15, 2020: VOTED. That th. signatur€ of lhc Chairrnsn ofihc Bosr4 thc Pr6idcn( or thc Exdutivc Vic. Prcsidcn! or any Sloior vicc Prcsidcnt, of thc Surcty Bulincss Division, or th€ir appointecs ddiSnatcd in uT iting rrld filcd {,rlh lhc Sc.rcllry, and thc si8natur€ ofthc Sccrclrry, the scal of thc CoEpary, lnd c€rtifcations by th€ Sccrctar. may bc aftixcd by facsimilc on lny powcr of attomly or bond cxccut€d pursusnt to thc resolution rdoptcd by th. Board of Dircctors on S€pt.mbsr 15, 2020, and any such powcr s crccut d, scalcd and ccrrificd with .csp€cr to ey bond or undcnakinS lo which rt is .ttachcq shall continuc io bc valid and bmdmg upon lh€ Cmpary. lrt Tc.timotry Whcr.ol thc Company has causcd lhis instrumdt ro b. signcd and irs corporarc scal to bc affixcd by lhcir autltorizcd omcas, this 23rd d.v of S.otaEbcr, 2.02! Att€3r.d rnd Certifird Arch Insurrn.e C ompan,v A n A. Shulman, Secretary Richard Stock, Executive Vice President STA'I'I] OT Pf,NNSYLVANIA SS COTJNTY OF PHII,ADELPHIA SS I, Michclc Tripodi, a Norary Public, do hcrcby ccrdry thst Rc8.n A. Shulrnan and Richard Stock pcrsonally known rc mc to bc thc samc pcrsons whosc nam6 .rc respcctivcly 6 S@rctrry rnd Ex€.utivc Vicc PrEsiddt ofthc Arch InsuEncc Company, ! Corporation ot8anizd rnd cxistin8 undc! thc laws oflhc Sts.€ of Misrouri, subscnbcd to thc forcgoing instumenl, lppc.rcd b<fG ln. $is day ir pcrson and scvcrally acknowlcdgcd that thcy bcing thcr.unto duly autlonzcd signc4 s.alcd wlth thc corporsic sal od dclivc.d thc ssid instruhcnt as thc ftcc and volunury act ofsaid corpor.tion and as thcir own ftc. and volutrry aclr for lhc urcs and purposcs 1; Mich€lc Tripodi, Notary Public My commision cpncs 07i31/2021CERTIFICATION I, Rcgrr A. Shulmrn , Serctary of the Arch lnsurance Compey, do hercby ccrtify ilEt lh€ attach€d Powcr of Attorn.y drt.d SiEElqbCLZJilo2o on behalf of rh. p6on(s) as listed above is a tnre and coEcct copy and lhal thc safl€ has bccn in tull fo.cc and .ffcct sincc th! dar€ rhcrcofand is in tull force and cff.ct on the dar. of this ccnificalc; and I do tunhd c.firy that thc said tuchard Sto.k, who cxccutcd rh. Powd of A(omsy as Exccutivc vicc Prclid.nr, w6 on thc dlrc of crccutron ofrhc This Powcr of Attomcy limrts thc acB ofthosc narn€d thccin to rhc bonds dd u.dertakings spccifically namcd thwin ed they havc no aud!hind thc Comp.ny athchd Powcr of Anorncy thc duly.let.d Ex6utiv. Vicc Pr6idcnt ofthc Arch Insu@cc Coripuy. IN TESTIMONY WI|EREOF, I havc hcrEunro subscnb.d my nam€ and rltrxcd rh. corpodtc sc.al oflhc Arch Insur.nc€ Comp.ny on20aL./2*- A. *!*,.,lluual a Regan A. Shulman, Secretary .rccpl in thc manncr and to th. .rtat hccin slated. PLEASE SEND ALL CI-AIM INQUIRIES N,ELATING TO TIIIS BOND TOTHE FOLLOWING ADDRESS: Ar.h h.urrncc - Surfiy Divition 3 Prrkxry, Suitc 1500 PhiLd.lphi., PA 19102 fo EtW the duthenli.ity ol this Powea ol Attohay, phose contoct Atch lntu@nce Compony ot SuretyAuthentic@archi nsura q,trc.Al' ttl tn lbrocd C€ tr.lcrlt, Ertlrl !lla,rclll ItG. F.rt (pl x^ra tt^lt,n lbrord AtcPoA040120 Printed in U.S.A tll---- Pl.ote fttet to the obov. nomed Attoney-in-foct ond the d.toils ol the bond to which the Ftow.t is ottoched. 16.A.14.b Packet Pg. 652 Attachment: Bond Basis (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.c Packet Pg. 653 Attachment: Resolution (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 654 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 655 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 656 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 657 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 658 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 659 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 660 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 661 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One) 16.A.14.d Packet Pg. 662 Attachment: Plat Map (22950 : Final Acceptance - Esplanade at Hacienda Lakes Phase One)