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Agenda 10/11/2022 Item #16A 8 (Development guaranty for an Early Work Authorization for work with Randall at Orangetree)10/11/2022 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $74,600 which was posted as a development guaranty for an Early Work Authorization (EWA) (PL20220000820) for work associated with Randall at Orangetree. _____________________________________________________________________________________ OBJECTIVE: To release a security which was posted as a development guaranty. CONSIDERATIONS: The Growth Management Division routinely accepts securities administratively as guaranties for early work improvements pursuant to Section 10.01.02 B of the LDC. The work associated with this security has been inspected and the developer has fulfilled his commitments with respect to this security. The performance security was posted as security for clearing and site filling associated with an Early Work Authorization for Randall at Orangetree PPL, (PL20210002196). On June 14, 2022, the PPL was approved by the Board of County Commissioners and the bond is no longer required. A recent inspection confirmed that the developer has fulfilled the commitments of the EWA. FISCAL IMPACT: There is no fiscal impact associated with this Executive Summary. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. 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 $74,600. Development Review 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.8 Packet Pg. 184 10/11/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.8 Doc ID: 23206 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $74,600 which was posted as a development guaranty for an Early Work Authorization (EWA) (PL20220000820) for work associated with Randall at Orangetree. Meeting Date: 10/11/2022 Prepared by: Title: Technician – Growth Management Development Review Name: Lucia Martin 08/30/2022 2:59 PM Submitted by: Title: Environmental Specialist – Growth Management Department Name: Jaime Cook 08/30/2022 2:59 PM Approved By: Review: Growth Management Operations & Regulatory Management Kenneth Kovensky Additional Reviewer Completed 08/30/2022 4:25 PM Growth Management Department Diane Lynch Growth Management Department Completed 09/01/2022 7:12 PM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 09/02/2022 2:04 PM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 09/06/2022 8:28 AM Growth Management Department Jaime Cook Division Director Completed 09/06/2022 3:43 PM Growth Management Department Jeanne Marcella Transportation Skipped 09/07/2022 9:52 AM Growth Management Department James C French Growth Management Completed 09/12/2022 9:41 PM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 09/21/2022 1:00 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 09/21/2022 1:30 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 09/21/2022 2:04 PM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 10/03/2022 3:36 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 10/04/2022 9:30 AM Board of County Commissioners Geoffrey Willig Meeting Pending 10/11/2022 9:00 AM 16.A.8 Packet Pg. 185 RANDALL AT ORANGETREE LOCATION MAP 16.A.8.a Packet Pg. 186 Attachment: Location Map (23206 : EWA Bond Release - Randall at Orangetree) EARLY WORK PERFORMANCE AGREEMENT THIS EARLY WORK PERFORMANCE AGREEMENT entered into this (X t4 day of -14 tt nL- .2022, between RCDG Partners LLC 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 early work authorization in accordance with the Collier County Land Development Code including but not limited to Section 10.01.02.8 (collectively, the "Early Work Regulations"); and WHEREAS, the Early Work Regulations require Developer to post appropriate performance guarantees to ensure compliance with the Early Work Regulations and Early Work Authorization Permit No. PL20220000820 (the "Early Work 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 Early Work Regulations and the Early Work Permit (the "Early Work"). Developer herewith tenders its early work performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $74.600.00 The Early Work shall not be considered complete until Developer notifies the County that the Early Work is complete and the flnal Early Work is reviewed and approved by the County Manager or designee for complrance with the Early Work Regulations. The County Manager or designee shall, within sixty (60) days of receipt of notification by Developer in writing that the Early Work is complete, either. a) notify Developer in writing of his approval of the Early Work; or b) notify Developer in writing of his refusal to approve the Early Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County Manager's approval of the Early 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 early performance security to secure satisfactory completion, repair and maintenance of the Early Work. The Board shall have the right to conslruct and maintain, or cause to be constructed or maintained, pursuant to public advertisement and receipt and acceptance of bids, the Early Work. The Developer, as principal underthe early 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 1 2 3 4 5 6 ln the event of default by Developer or failure of Developer to complete the Early Work within the time required by the Early Work Regulations and Early Work Permit, Collier County, may call upon the early work performance security to insure satisfactory completion of the Early Work. 16.A.8.b Packet Pg. 187 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) 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. All of the terms, covenants and conditions herein contained are and shall be binding upon Developer and the respective successors and assigns of Developer. lN WTNESS WHEREOF, the Board and De 7 executed by their duly authorized representatives th SIGNED IN THE PRES CE OF: caused this Agreement to be day of l-,2022 RCDG Pa(ners, LLC Christopher Davis, Manager Evidence of Signing Authority attached hereto as Exhibit "8". BOARD OF COUNTY COMMISSIONERS OF COLLIER COL]NTY , FLORIDA By J alme Cook, Director Development Review Division as designee ofthe County Manager pursuant to Resolution No. 20 I 5-1 62 veloper have is .Iss!t' sig f3,'u/ :'H4tt4ali Printed Name Sign: &t$ NS&a,(.0rc aln C,,-r qaa, %.'or,o.uNrv, rcs 'P""" ATTEST Crystal K. Kinzel, CLERK By Clerk ofthe Circuit Court & Comptroller Collier County, Florida Ap das a ality Derek D. Perry Assistant County Attorney 16.A.8.b Packet Pg. 188 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) EXHIBIT IIA" Errlv r,rcrk Performance Security 16.A.8.b Packet Pg. 189 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) EXHIBIT "A" PERFORMANCE BOND FOR EARLY WORK AUTHORIZATIONS KNOVV ALL PERSONS BY THESE PRESENTS: that RCDG Parhers, LLC 6728 Jam6torn Drive Alpharctta, GA 30005 (hor€inaftor reEn€d b as "Oirn€fl and M6r$anb Netional Bonding lnc 6700 w6sbwn Parl$tay, wed D€3 1rloin68, lowe 5@68 Phono No. 1€00€78-8'1 71 (hereinaffer refanrd to as 'SurBy') are held and firmly bound unto Collier County, Florida, (h€reinafur rebn€d b es 'County') in the btal aSgr€gab sum of @ Dolbls (37t3.600.@) in lsrtul money of the United StaEs, br the payment of whicfi sum urell ard fuv b be made, ws bind ourselves, our heira, e)(ecubrs, adminisbebB, successoB and assigns, iointy and sar€rally, fitmly by thes€ presents. Oflner and Surety ar3 used br singular or plural, as the conbxt requirB. THE CONDrnON OF THIS OBUGATION is sudr hat wharcas, he Ovuner has submitbd fur appro/al by the Boad a certain Early Work Authorization Permlt No. P120220000820 and that csrtain Early Work Autrorizstbn stiall indudo sp€cific improv€mentB whirfi arB r€quirBd by Collior County Ordinanoc and Reaolutions (heroinafier 'Land D€velopm€nt Regubtidts'). This obligation of the Surety shall commence on th6 dab thb Bond iB executed and Ehall continue untl he complelion of the work and appforEl by the CcEnty ofhe sp€cifE improrements d€scribed in the Land Developrnent Regulatbns, or until issuance of a subs€quent final development order such as an Site Darebpment Plan (SDP) or SuMivision Plat and Plens (PPL) (herBinafur the 'Guarenty Period")or until rsphced by a new bond in the event of s chenge in O nership. NOW, THEREFORE, if the Ofln€r shall u,ell, fuly and hithfully perbrm ils obligEtE rs and duues in accordanc6 wih h€ Land Dar€lopment ReguHions during the guaranty p€riod established by tho County, and the Orner shall salisfy all deims and d€mands in@r€d and sha[ fu[y indemniry and save hsrmless tl€ County from and against all co8ts and damag€s which it may sufrer by reason of olvne/3 failuE b do so, ard shall reimbuEe and repay the County all outlay and agense which tre County mey indJr in making good any default, then this ouigafion shall be vold, othe]wise b r€main in full brce and eftct PROVIDED, FURTHER, thet th€ said Surety, fur valu6 r€ceivBd h€r€by, Btipulatss and agr€€s lhat no cfiengs, exbnsk n of tim€, alEratlon, addtton or d€letion b the propo€€d sp€dfic improv€m€nE shall in any rvay aftci ite obligation on thb Bond, and it does her€by weive nofico of any such change, exbrcion of 0mo, altE affon, addition or deleton to the proposed sp€cmc improremonts. PROVIDED FURTHER, tret it is €xpr€rsly agreed thd the Bond shall b€ de€med amended aubmatbally and immediaEly, wihcut bmal and BeparaE amendmenE herEto, so as b bind the Owner and the Sur€ty b the tull end falhful pertomance in accordance with the Land De\relopm€nt Reguhtirns. The brm "Amendn€Irt" whercv€r us€d in thb Bond, and v{h€ther r€Ering to thb Boid, or o0ler docum€nts Bhall inclde any alt€ralion, addition or modificalion of any charac{er what8oever. lN WTNESS WIIEREOF, tha parties hareb hare ca$ad thb PERFORMANCE BOND b be exeorEd thls 1 7h day of t\rarc,l', 2022. Bond No. NGA1792 16.A.8.b Packet Pg. 190 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) WITNESSES RCDG Partners, LLC Christopher Davis, Manager (Provide Proper Evidence of Authority) OF 5ig n Printed Name Sign H-114.- PrintedName breP'+ €' Kcss ACKNOWLEDGEMENT EGOING PERFORMANCE BOND WAS ACKNOWLEDGED CAL PRESENCE OR E ONLINE NOTARIZATION THIS BEFORE -)31'onv BY MEANS ,/L\c. , Cx OFMETHE FORI;I PHYSI2o-}}BY (NAME OF ACKNOWLEDGER) AS (TITLE) OF ( PERSONALLY KNOWN TO ME,OR HAS PRODUCED I'IF Notary Public - State of 4D{4. NAME OF COMPANY) WHO IS AS IDENTIFICATION. W?arro*s Printed Name WITN ESSES: Printed Name e Cole Printed Name Kris Daschbach ACKNOWLEDGMENT JUE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME BY MEANS OFM PHYSICAL PRESENCE OR DONLINE NOTARIZATION THIS 17Ih DAY OF MATCh2022-, BY Jennifer Anderson AS Attorney-rn-Fact OF Merchants National Bondtng i;;f,VHO i3 PERSONALLY KNOWN TO ME, OR HAS PRODUCED N/A _ AS tDENTtFtCAitON. f STATE OF GCOTIiU.couurvoF---ffitt- (SEAL) iennifer Anderson, Atto rn ey- in - F a ct (Provide Proper Evidence of Authority) 0^**- C, U-D ) ,/.- STATE OF_Georgia_ COUNry OF Cherokee_ 16.A.8.b Packet Pg. 191 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) Notary Public - State of _Georgia Printed Name 14-EIS-02650/6 Ray tt I tll, 3 R G\ll t 7 ) 16.A.8.b Packet Pg. 192 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) MExcrrnrqi*\ B()N DI NG COMPANY- POWER OF ATTORNEY KnowAllPersons By These Preseris, that MERCHANTS BONDING COMPANY (MUTUAL) and [,tERCHANTS NATIONAL BONDING, lNC., both being corporations of the State ol lowa (herein collectively called the "Companies') do hereby m ake, constitute and appoint, individ ually, David Bryan Bunuss; Eugene Northcutl; Jenniler Anderson: Odie E Wlson their true and lawful Attorney(s)-rn-Fact, to sign its name as surely(ies) and to execute, seal and acknowledge any and all bonds, undertakangs, contracts and other witten inslruments in the nature lhereol, on behalf of the Companies in their business ol guaranteeing the fdelity ol persons, guaranteeing the performance of conlreds and executing or quaranteeing bonds and undertakings required or permitted in any aclions or proceedings allowed by law. This Power-ot-Attomey is granled and is signed and sealed by facsimile under and by authority of the following By-Laws adopled by the Board of Directors of Merchants Bonding Company (Mutual) on April 23,2011 and amended August '14, 2015 and adopled by the Board of Directors of lrerchantsNational Bonding, lnc., on October 16, 2015. "The Presidenl, Secretary, Treasurer, or any Assistant Treasurer or any Assistant Secretary or any Vice President shall have power and authority to appoant Attomeys-in-Fact, and to aulhorize lhem to execute on behalf of the Company, and attach the seal of the Company therelo, bonds and undertakings, recrgnizances, conlrecls ofindemnity end other writings obligatory in the neture thereol' "Ihe signature ot any authorized officer and the seal ofthe Company may be affxed by facsimile or electronic transmission to any Power ofAttomey or Certifcation thereof aulhorizing the executon and delivery of any bond, undertaking, recognizance, or other suretyship obligations of the Company, and sucfi signature and seal rvhen so used shall have the same force and eflect as though manually fixed." ln conneclion with obligations in favor ofthe Flodda Department of Transportation only, it is agreed that the power and aut hoaity hereby given to the Attomey-in-Facl includes any and all consents lor the release of retained percentages and/or fnal estimates on engineering and construclion contracts required by the State of Florida Department of Transportation. lt is fully understood that consenting to the State ofFlorida Department ofTransponation making payment of the fnal estimate to the Contraclor and/or its assignee, shall not relieve lhis surety company oI any of i(s obligations under its bond. ln connection with obligatjons an favor of the Kentucky Departrnent of Highways only, it is agreed lhat the power and authority hereby given Io the A(omey-in-Facl cannot be modified or revoked unless prior written personal notice of such intent has been given lo the Commissioner- Department ol Highways ofthe Commonwealth of Kentucly at least thidy (30) days prior to the modifcation or revocation. ln Wtness Whereot, the Companies have caused this instrument to be signed and sealed this 13th day of January , 2O2O .,;i{ii};,le;, ;-:.is" -"- '$€l -..-o, . 2003 .j.o .:,'.rq::*.::$ ,ri$i?;'ia.i4;:Ei-t -o- e:-:. :2: Y; D. %.0.s IERCHANTS BONDTI{G CO PANY ( UTUAL) IllERCHANTS NATIONAL BONDING. INC. -/'y'i-"/6 STATE OF IOWA COUNTY OF DALLAS ss On this this 13lh day of January 2020 , before me appeared Larry Taylor, lo me personally known, who being by me duly swom did say that he is Presidenl of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, lNC.; and that the seals affixed to the foregoing inslrument are the Corporate Seals ofthe Companies; and that the said instrument was signed and sealed in behalf of lhe Companies by authority of their ctive Boards of Directors Ot ; g- q5-,* (Expiration of notary's commission does not invalidate this instrument) oz AIICIA K GXAI Conmisioi NuYba767{30 tly Coonisslon Eryires ^prit 1,2020 Notary Public l, Wlfiam Warner, Jr. '.' POA 001 8 (3/17) 17th day of March ,2022 -o- r9t 3 Za*.*^-/Z*/ Secretary 16.A.8.b Packet Pg. 193 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) EXH!BIT IIB'' Signing Authority 16.A.8.b Packet Pg. 194 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) (Requesto/s Name) (Address) (Address) (City/StatezidPhone tr) ! ercx-ue ! wen (Business Entity Name) (Document Number) Certified Copies _ Certificates of Status _ Otfice Use Only nl lo&n rcs&r llililllllffi llllliililillllilllfll llil llil rlililiil fl illlililillliililiil 200374363992 I r_r,/Lrq,'J I --u I rl.J2--t_t I i r1 I 1.5. t.l0 a:: I ! =N) <Jt{ tr :'i .l ,;(i i:i-ri -r'lr ! ri I rularr- Special lnstructjons to Filing Officer: 16.A.8.b Packet Pg. 195 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) 1'O co\,1.R t,u't-fE R Rc8istrslit)n ScctioD f)ilision of Corlxrrltions RCDC Pan'lcrs- I-l,C sU B.l ECt': Namc of l-inritcd Liabilirl, Courpanl, 'I-hc encloscd "Applicrtion bi Foreign l-inrited l-iabilitl' Conrpan.,- for,\uthorization lo'lransacr Busincss in lilorida." Cenificatc of lhistcncc. and chcck are submittcd to rcgistcr thc abovc rcfcrcnced lbrcign lirrrited liability conrpanl to transact busincss in Florida. l'leasc rcturn all corrcspondrocc concerning this rnaller lo thc follorving: .\rnhcr \lt'altr .\irnlc ol'l)crson Schullqn \\'ard 'l'urncr & \\'ciss. l-l.l' l:irm/Conrprnt 260 Pcachtree Strcct N\\'. Suilc 2700 ,\ dd rc ss r\tlanta. Ccorgia 30i0i Citl/Statc and Zip Codc Il-nrail uddrcss: (to be used for futurc annual ,cpo notification) For l'unhcr inlbrmation conccrning this rnattcr. please call: .\nrbcr i\lcakcr .l0l 68E-6E06 Nrmc ofContact Pcrson at i\lsilinp Address; Rcgistralion Sr'ction Division ol' Corporations P.O. Ilos 6i2 7 'l'allahasscc. FI- 323 I 4 f)41'ti rnc'[c lcphonc n"un bcr Registration Section Division of' Corporations 'l'he Ccntrr- o l"l'allahasscc 24 l> N. i\.lonroc Strc'ct. Suitc [i l0 'lallahasscc. Ft- 3 2303 Arca Codc Strccl Addrcss: l:nclosr:d is l chcck for thc lbllo\ring nr)ounl: l)lcasc ntakc chcck pa;-ablc to: Fl.ORl D,\ D l: P..r R]'j\l t:N'l' Ot S f ,\'f l: = sll5.oo l;iling l:cc c sli0.00 Filingtrcc & o sl.<5.00 l:iling l:r-'e & Ccnificatc of Statrrs Cenified Copl o s160.00 lriling l;re. ccnific:rrc of Status & Ccnificd Copl R.nrcalcr@srrtrvla* ."ou-r r/ 16.A.8.b Packet Pg. 196 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) APpr.rcA oN BY FORr:rCN l-rn 'rr:D r,r,rBfl.r'r'\' corrp,rN\ r'OR .\ tJl'ltoRlz.\'noN 1'o ]'R^NS,\CT BUSINUSS IN T'LORID,T COtl/l.l\1 7U 7It l,\)- lC7ll(.rV,\7.\\ IvTJ//j. l'l)t lLOl l:lI)RtD.t. RCI)C Panncrs. l-l.C (Nanrt oiForcrgn l.imrtcd l.rlhilryConrprnl:mun nr.lud( "lrnuld l-rahrftrf ComFmr.'l.l.C. 'r"l.l.C. ) Gtorg 1 \rrBI-'@ a,el.nlilu ai;SilInrril ill;iiitr rs,u,l)IfEI n@nla'. . r'.prli..li., { iD,arx,,.,na.,nIrE,. in l-lqllinrior o rtrutotior ti\.c t.luoru ooJ 0rr}l L o05 oo:. I S rJ J.r{nrir FUI( lirhrlih r 6718 Janrcstorvn Drivc 6718 Jarncstorvn l)rivc 6 t sI c cr,rJJrc r " i-lllm-ttf oltncil iSl.'l'ng /\Lli'.\(, ,,\lpha.ctta. 6eorgia 30005Alpharctta. Ccoruia j0005 7. Nanrc and slrcct oddrcss ol lilorida r(gisrered agcnt: (l).O. Bos \Qlacccptablc) NJtrrc Corporlrion Scn'ice Conrpanl Ofticc.\ddrcss ll0l lla\s Srrccr Tallehassr'c -i rfi ':' I -a, N) <t1 -J -'.,-.) .-rlu) '-t =Prfl . l:lorida l:tol {C,ry) Rcgistcrcd ifent's !cccptltncc: old orrcpt th., nhli(utior$ of Dt pnsititr at rrllistcrltl !Ectr!, ^.-C .l-i\.ii(*,t rR.gtrrc'cd r$nr'r lirr&ru. I 16.A.8.b Packet Pg. 197 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) 8. For ini(ial indering purposcs. lisl nanlrs. titlc or capacil) and iddrcsscs ol'lhc prirnar)' nrcmbcrs/managers or pcrsons authorized to managc lup ro si\ (6) rotall: 'l ith or Car)ncitv: g{t"n.g", Di\lenrbcr D.\uthorizcd l)crsorr OOthcr !l\'lanagcr O i\.lcmbcr n,\uthorizcd Nn nre an(l ,\ddrcssi Chris Davis 'l'itle or Crrr{cil\': El\lanagcr D trlcnrbcr Na nre srtd,\ddressl Nam r':Namc 6718 Janrasto\\1r l)riYc.\rklrcss ,.\cld rcss Alphirrclu. G.\ 30005 fl.\ rrthorizcd l,crso0 EOthcr !Othcr Nanrc O ltlanagcr Dl\tcrnbcr B.\ulhorizcd l,crson EOthcr i\ddrcss..\ ddrcss Pcrson EOthcr OOthcr COtlrcr E l\lanagcr Ci\lernber Or\uthorizcd Address D irlunrgcr fli\'lenrber ! r\ulhorizetl Pcrsor !Other r\ddrcss: Narrtc Nntnc l'crson COthcr ,IOthcr !Othcr Inrool:liul Noticc: [Jst'an attlchnrcnt to rc pon rlorc than si\ (6). lhc attachllrcnl rvill bc intagtd lbr rcponing purposcs onll. Non' indesrd indir.iduals nr:r1, bc addcd to the indcs rvhcn filing lour florida l)rpannrcnt ofStatc r\nnual Repon lornt. 9. .\lacherl is a cenillcate ofcristcnce. no rrorc rhan 90 da1's old. duly authenricotcd b1' thc oflicial hlving custodl'ofrccords in thc jurisdicrion undcr the larl of u hich ir is ortsanizcd- ( lf rhe cenillcarc is in a foreign language. a translatior of lhe cenificatc under oath oIlhe trilnslato. nlust bc subn,tittcd) 10. 'l'his docuorcnr is crccutcd in accordancc rvirh secrion 60i.020j ( | ) (b). Iloridr Slltutes. I xm a\rarc lhat an! l'alsc in fornration subnrittcdinadocumcnltolheDcpadntcntofStatccoostitutesalhirddcgreefelonlasprovidcdforins.8l7.155. l:.S. \- -, 5ilrslu. ol .n lurho'n(d lEn,n Eric L. Weiss. Esq. Trt<J., p,n{.d Dnk oirit'a. DOthcr Nanr - 16.A.8.b Packet Pg. 198 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) Conrrol Nu bcr : I1250015 STATE OF GEORGIA Secretary of State Corporalions Division ,1lJ \\'est -l'orlcr 2 i\lartin Luthcr King.,lr. Dr. r\lla nta. Ccorgia .103-14-1530 CERTIFICATE OF ORG.\NIZAI'ION I. Brad Ral-lenspcrgrr. thc Sccrclarv ol Statc and thc Corporation Conrnrissioncr o('thc Statc ol (icorgia. hcrebv ccnilv trnticr thc scal of'nrv ofilcc that RCI)G Parlncrs. Ll.C a Don)c i( I-ioilcd l,iahilil!' Comprnl' \VlTNllsS nrv hund and ol'ficial scal in rhc Cirv ol'Atlanra and thc Strtc ol'Gcorgia ol 09/l{/2021 . A^,4 AA"^-/5P- Brarl Raffcnspergcr Secretan, of State ( .,!ai,i n;G-i" t 716 has bccn dull,organizcd under thc laws ofthe State ol'Ceorgia on 0912212021 by thc liling ofarticlcs ol' organizltion in thc Ol'licc of thc Sccretary ol S(a(c and by tlrc paying ol'l'ecs as provided by 'l'itle l,l ol'the Ol'ficial Code ot Gcorgia Annotatcd. 16.A.8.b Packet Pg. 199 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) OPERATING AGREEMENT THIS OPERATING AGREEMENT is entered into by CHILDCARE MCFARLAND, LLC, a Georgia limited liability company, as the sole and initial Member of the Company, as of the 22nd day of September, 2021. WITNESSETH NOW, THEREFORE, lN CONSIDERATION OF the premises and of the terms and conditions hereinafter set forth, the undersigned, intending to be legally bound, hereby agrees to the following terms and conditions: GENERAL PROVISIONS 1.1 Definitions. Each ca pitalized term used in this Agreement and not defined in the text hereof shall have the meaning set forth on Exhibit A attached hereto and made a part hereof. 1.2 Formation. The Member hereb y forms a limited liability company pursuant to the Act to be governed by the provisions hereof. The Member has caused to be executed and delivered to the Secretary of State of Georgia, and hereby ratifies, the Articles of Organization, attached hereto and made a part hereof as Exhibit B. 1.3 Name. The Company shall operate underthe name of "RCDG PARTNERS, LLC" or under such other name(s) as the Manager shall, from time to time, determine. 1.4 Business of Comoanv. The Company is formed to engage in any laMul act or activity for which limited liability companies may be formed under the Act and may engage in any and all activities necessary and incidental to the foregoing. 1.5 Princioal Place of Business. The principal place of business of the Company shall be located at 2859 Paces Ferry Road SE, Suite 1140, Ailanta, Georgia 30339, or at such other place as the Manager shall, from time to time, determine. {00144389 1 } OF RCDG PARTNERS, LLC The Member desires to form the Company under the Act for the purposes set forth herein and to be treated as a single member limited liability company, disregarded for federal income tax purposes. Accordingly, the Member and the Company desire to enter into this Agreement in order to set forth the terms and conditions of the operation and management of the business and affairs of the Company, and to determine the rights and obligations of its Member. ARTICLE I 16.A.8.b Packet Pg. 200 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) 1.6 Reqistered Aqent and Reoistered Office. The re gistered agent for the service of process and the registered office of the Company shall be the person and the location set forth in the Articles of Organization or as otherwise determined, from time to time, by the Manager in accordance with the Act. 2.1 Manaqe r Authoritv.Subject to the limitations imposed by this Agreement and by the Act, the entire management and control of the property, business, and affairs of the Company shall be vested in the Manager. The Manager shall have full and complete power, authority, and discretion, on such terms and conditions as such Manager shall deem appropriate, to do all things necessary or convenient to carry out the business and affairs of the Company. 2.2 Manaqer. The initial Manager shall be CHRISTOPHER DAVIS. There shall, at all times, be at least one (1) Manager unless some other number shall be agreed upon from time to time by the Member. 2.3 Successor Manaqers. lf CHRISTOPHER DAVIS shall be unable or unwilling to act as Manager, CHRISTOPHER DAVIS shall have the power to designate such Manager's successor in writing. Subject to the preceding sentence: (a) ln the event of the death, resignation, removal, or retirement of the Manager, such Manager's successor shall be the personal representative of such Manager. (b) Except as provided by Section 2.3(a) hereof, in the event of the death, resignation or retirement of the Manager, such Manager's successor shall be designated by the Member in writing. (c) Any Manager, at any time acting hereunder, shall only be removed by the Member in writing. 2.4 Determinations of Manaoers. Except as otherwise provided herein, if there shall be more than one (1) Manager acting hereunder, all matters pertaining to the Company's business and activities shall be determined by the majority consent of the Managers without the requirement of a meeting or notice to any party. Failure to obtain such consent of the Managers shall be deemed to be a unanimous decision of the Managers not to act. 2.5 Limitations on Au horitv of Manaoer The Manager shall have no authority (a) do any act in contravention of this Agreement; 2(00144389 1 ) ARTICLE II MANAGEMENT to: 16.A.8.b Packet Pg. 201 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) (b) do any act which would make it impossible to carry on the ordinary business of the Company; (c) confess a judgment against the Company; or (d) possess Company property, or assign the rights in specific Company property, other than for a Company purpose. 2.6 Duties of Manaqer. The Manager shall manage, or cause to be managed, the affairs of the Company in a prudent businesslike manner. The Manager shall devote such part of such Manager's time to the Company's affairs as shall, in such Manager's sole and absolute discretion, be reasonably necessary for the proper conduct of such affairs; provided, however, that no Manager shall be required to devote such Manager's entire time or attention to the business of the Company unless such Manager is otherwise required to devote such amount of time under the terms of an employment agreement with the Company. 2.7 Aqents; Officers. The Mana ger may appoint such agents and offlcers and delegate such authority to the Member or any non-Member as the Manager shall deem appropriate for the operation and management of the Company. Any implication in this Agreement to the contrary notwithstanding, no agent shall have any authority to, nor shall any agent permit the Company to, take any action that requires consent of the Member or the Manager as required by the terms of this Agreement, unless the required consent of the Member or the Manager shall have been obtained. 2.8 Execution of Documents. An y agreement or other document purporting to bind the Company to any action or course of action shall be signed and delivered by the Manager for, on behalf of, and in the name of, the Company. All of the powers, authorities, and discretions granted herein to the Manager may be exercised by any Manager and any Manager may have sole custody of any or all property the Company. Any person dealing with any Manager may rely on the opinion of counsel as to such Manager's rights hereunder. 2.9 Bank Accounts. All funds of the Company shall be deposited in the Company's name in one or more accounts at such institutions as the Manager shall, in the Manager's sole and absolute discretion, from time to time, determine. Withdrawals from any such accounts shall be made upon such signature(s) as the Manager shall, in the Manager's sole and absolute discretion, from time to time, authorize. 2.10 Annual Report for Secretarv of State. The Manager shall deliver to the Secretary of State, for filing, an annual report in accordance with Section 14-11-1103 ol the Act. 3{00144389 1) 16.A.8.b Packet Pg. 202 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) ARTICLE III RIGHTS AND DUTIES OF THE MEMBER Notwithstanding (i) the delegation of the management of the Company to the Manager as set forth in this Agreement, (ii) any other provision of this Agreement, or (iii) any provision of law to the contrary, the Member shall have the power to amend and restate this Agreement at any time, and from time to time. ARTICLE IV LIABILITY AND COMPENSATION 4.1 No Personal Liability. No Member , Manager, agent, or employee of the Company shall be liable as such for the liabilities, debts, or obligations of the Company. The failure of the Company to observe any formalities or requirements relating to the exercise of its powers or management of its business or affairs pursuant to this Agreement or the Act shall not be grounds for imposing personal liability on the Member or any Manager for liabilities, debts, or obligations of the Company. 4.2 Standard of Care. The Member and the Manager shall act in a manner believed by each such Member or Manager in good faith to be in the best interests of the Company. The Member shall act in a manner believed by the Member in good faith to be in the best interests of the Company and with the care an ordinarily prudent person in a like position would exercise under similar circumstances. The Member and the Manager shall be entitled to rely on information, opinions, reports, or statements, including but not limited to financial statements or other financial data, if prepared or presented by (i) the Member, the Manager, or employees of the Company whom the Member or the Manager reasonably believes to be reliable and competent in the matter presented or (ii) legal counsel, public accountants, or other persons as to matters such Member or Manager reasonably believes are within the person's professional or expert competence. The Manager is not liable to the Company, the Member, or any other Manager for any action taken in managing the business or affairs of the Company if such Manager performs the duty of such Manager's office in compliance with the standard contained in this Section 4.2. fhe Manager has not guaranteed, nor shall have any obligation with respect to, the return of the Member's Capital Contribution or profits from the operation of the Company. The Manager shall not be liable to the Company or to the Member for any loss or damage sustained by the Company or the Member except loss or damage resulting from intentional misconduct or knowing violation of law or a transaction for which the Manager received a personal benefit in violation or breach of the provisions of this Agreement. (a) Neither the Member nor any employee, agent, or independent contractor of the Member (for purposes of this Article lV, collectively, the "Agents") shall, in carrying out duties hereunder, be liable to the Company orto the Member 4{00144389 1 } 4.3 lndemnification. 16.A.8.b Packet Pg. 203 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) for any (i) action or course of conduct taken in good faith and reasonably believed to be in the best interests of the Company or (ii) errors of judgment, but shall only be liable for willful misconduct, gross negligence, willful breaches of obligations under this Agreement, or other willful or grossly negligent breaches of fiduciary duty. (b) Subject to the provisions of Section 4.4 hereof, the Manager, the Member, and the Agents shall be indemnified or reimbursed, as the case may be, by the Company, to the fullest extent permitted under the Act, against any losses, judgments, liabilities, and expenses (including attorneys'fees and amounts paid in settlement of any claims sustained by them) arising out of any action or course of conduct of the Member, the Manager, or the Agent in such Member's, Manager's, or Agent's capacity as a Member, Manager, or Agent, if such action or course of conduct was not the result of gross negligence or willful misconduct and if such Member, Manager, or Agent, in good faith, reasonably believed that such action or course of conduct was in the best interests of the Company; provided, however, that such indemnification and agreement to hold harmless or reimbursement shall be recoverable only from company assets. (c) The benefits of this Section 4.3 shall run solely in favor of the parties to this Agreement and shall not be deemed to create rights in any third party, nor shall any such third party be deemed a third party beneficiary of this Agreement. 4.4 Compensation: Re imbursement: Advances. (a)Member Compensation and Reimbursemeq!. Unless authorized b y the Manager, in the Manager's sole and absolute discretion, the Member shall not receive any salary, fee, profit, or distribution except that to which the Member may be entitled pursuant to this Agreement; provided, however, that the Member may, in the Manager's sole and absolute discretion, be reimbursed for all reasonable fees and expenses incurred by the Member for administrative services necessary for the prudent operation of the Company. (b)ManaoeriAoent Comoens ation an d Reimbursement. Unless such fee is approved by the Member, no Manager nor appointed agent shall receive compensation from the Company; provided, however, that any Manager and any appointed agent shall be reimbursed for all reasonable out of pocket expenses incurred for administrative services necessary for the prudent operation of the Company. E(00144389 1) 16.A.8.b Packet Pg. 204 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) ARTICLE V CONTRIBUTIONS/CAPITAL ACCOUNTS/LOANS 5.1 lnitial Capital Contribution of the Member. The Member has contributed such capital to the Company as set forth next to the Member's name on Exhibit C attached hereto and made a part hereof. 5.2 Additional Capital Contributions. The Member shall have no obligation to make any additional Capital Contributions to the Company. The Member may make additional Capital Contributions to the Company as the Member may determine in the Member's sole and absolute discretion. 5.3 Loans. The Member may make loans to the Company on such reasonable terms and conditions as may be approved by the Manager. 5.4 lnterest. No interest shall be paid by the Company with respect to any Capital Contribution. All items of income, gain, loss, deduction, and credit shall be allocated to the Mem ber. All distributions of cash or other assets of the Company shall be made and paid to the Member at such time and in such amounts as the Manager may determine in the Manager's sole discretion. TRANSFER OF MEMBERSHIP INTEREST The Member may, with or without the prior written consent of the Manager, sell, transfer, assign, hypothecate, encumber, convey, or othenarise dispose of the Member's membership interest in the Company. 6{00144389 1 } (c) Advances. Subject to the provisions of this Section 4.4, the Company may, in the Manager's sole and absolute discretion, make advances to its employees, the Manager, and other agents for expenses that shall be incurred in the ordinary course of business. ARTICLE VI ALLOCATIONS ARTICLE VII DISTRIBUTIONS ARTICLE VIII 16.A.8.b Packet Pg. 205 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) ln the event of the death, incapacity, or dissolution of a Member, such Member's rights and obligations under this Agreement shall devolve upon such Member's personal representative or successor in interest. Such successor shall, promptly after any such event, deliver to the Manager such documentation as the Manager may reasonably require to evidence such succession in interest. 10.1 Events of Dissolution. The Com pany shall be dissolved upon the first to occur of the following events (for purposes of this Article X, each, an "Event of Dissolution"): (a) a writing by the Member, or (b) the entry of a decree of judicial dissolution under the Act 1O.2 Execution of Documents. The Mana ger shall make, execute, deliver, and record any and all documents required or deemed necessary or desirable by the Manager to effect and reflect the dissolution of the Company. Notwithstanding anything contained herein to the contrary, pursuant to Regulation 301.7701-3(b), the Company shall be disregarded as an entity separate from the Member for federal income tax purposes unless and until the Member causes the Company to file an election pursuant to Regulation 301.7701-3(c). The Company shall only be required to keep, at such location as the Manager shall, in the Manager's sole and absolute discretion, from time to time, determine, the following records: (a) A copy of the Articles of Organization of the Company and all amendments thereto; and 7{00144389 1} ARTICLE IX DEATH. INCAPACITY. OR DISSOLUTION ARTICLE X DISSOLUTION 10.3 Windino-uo of Affairs and Distribution of Assets. Upon the occurrence of an Event of Dissolution, the Company shall cease to carry on its business and the Manager shall wind up the Company's affairs and dissolve the Company. ARTICLE XI TAXATION ARTICLE XII BOOKS AND RECORDS 16.A.8.b Packet Pg. 206 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) (b) A copy of this Agreement, together with any amendments thereto 13.1 Benefit. This Agreement shall be binding upon and inure to the benefit of the Member specifically named herein and, as provided in this Agreement, the Member's legal representatives, successors, and assigns. 13.2 Governinq Law. This Agreement and all matters arising hereunder shall be construed and interpreted according to, and governed by, the laws of the State of Georgia. 13.3 Construction. ln the event any provision of this Agreement shall be found to be void by a court of competent jurisdiction, the remaining provisions of this Agreement shall nevertheless be binding with the same effect as though the void provision had not been included herein. 13.4 Entire Aqreement. This Agreement contains the entire agreement of the parties hereto, and no representation, warranty, covenant, or agreement not embodied herein, oral or otherwise, shall be of any force or effect whatsoever. 13.5 Headinqs, Exhibits, and lnterpretation. The headin gs in this Agreement are inserted for convenience only and are in no way intended to describe, interpret, define, or limit the scope, extent, or intent of this Agreement or any provision hereof. All exhibits referred to in this Agreement and attached hereto are incorporated herein by this reference. The words "herein," "hereof," and "hereunder'' and other words of similar import refer to this Agreement as a whole, as the same may from time to time be amended, modified, or supplemented, and not to any particular section, subsection, or clause contained in this Agreement. Wherever from the context it appears appropriate, each term stated in either the singular or plural shall include the singular and the plural, and pronouns stated in the masculine, feminine, or neuter gender shall include the masculine, the feminine, and the neuter. [SIGNATURES BEGIN ON NEXT PAGE] 8 The books and records shall be open to the reasonable inspection and examination of the Member or such Member's duly authorized representatives during reasonable business hours. ARTICLE XIII MISCELLANEOUS {00144389 1 } 16.A.8.b Packet Pg. 207 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) lN WITNESS WHEREOF, the undersigned has executed this Agreement to be effective as of the date first set forth above. MEMBER CHILDCARE MCFARLAND, LLC, a Georgia limited liability company By: CHRI DAVIS, Manager I{00144389 1} .-')/4tq-- 16.A.8.b Packet Pg. 208 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) EXHIBIT A DEFINITIONS As used herein, the following terms shall have the meanings set forth below: "Act" means the Georgia Limited Liability Company Act, sections 14-11-100, et seq., O.C.G.A., as amended from time to time (or the corresponding provision(s) of any succeeding law). "Agreement" means this operating agreement as may be amended from time to time. "Capital Contribution(s)" means the amount of cash or other property contributed by the Member for such Member's interest in the Company equal to the sum of the Member's initial Capital Contributions plus the Member's additional Capital Contributions, if any, made pursuant to Sections 5.1 and 5.2, respectively. "Code" means the lnternal Revenue Code of 1986, as amended from time to time. "Company" means RCDG PARTNERS, LLC "lncapacity" means the Member is incapable by reason of a physical or mental impairment of performing the activities required by this Agreement and performed by the Member before such incapacity to a degree that adversely and materially affects the performance of the Member's duties for Company with no reasonable expectation of recovery as determined by an attending or treating physician of the Member. "Manager" means CHRISTOPHER DAVIS, for so long as such Manager shall be able and willing to act as Manager, or any successor Manager appointed pursuant to the terms of this Agreement. "Member" means CHILDCARE MCFARLAND, LLC, or the assignee or transferee of the Member pursuant to the terms of this Agreement. "Person" means any individual, partnership, corporation, limited liability company, trust, or other entity. "Regulations" means the Federal income tax regulations from time to time promulgated under the Code by the lnternal Revenue Service and the Treasury Department. {00144389 1 }A-1 16.A.8.b Packet Pg. 209 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) [Articles of Organization] {00144389 1 } EXHIBIT B 16.A.8.b Packet Pg. 210 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree) Name of Member CHILDCARE MCFARLAND, LLC EXHIBIT C Address of Member 6728 Jamestown Drive Alpharetta, GA 30005 lnitial Capital Contribution of Member $10.00 i00144389 1 ) 16.A.8.b Packet Pg. 211 Attachment: Bond Basis (23206 : EWA Bond Release - Randall at Orangetree)