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Agenda 10/25/2022 Item #16A 8 (Resolution - To accept final approval of the infrastructure improvements associated with the subdivision, accept the plat dedications and release the maintenance security)10/25/2022 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 Golf and Country Club of Naples Phase 3 Blocks “K1”, “K2”, and “H3”, Application Number PL20160003679; and authorize the release of the maintenance security in the amount of $305,162.84. 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 July 5, 2018, the Growth Management Department granted preliminary acceptance of the roadway and drainage improvements in Esplanade Golf and Country Club of Naples Phase 3 Blocks “K1”, “K2” and “H3”. 2) The private roadway and drainage improvements will be maintained by Esplanade Golf and Country Club of Naples, Inc. 3) The required improvements have been constructed in accordance with the Land Development Code. The Growth Management Department inspected the improvements on September 7, 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 private roadway and drainage improvements will be maintained by Esplanade Golf and Country Club of Naples, Inc. The existing security in the amount of $305,162.84 will be released upon Board approval. The original security in the amount of $1,959,699.94 has been decreased to the current amount of $305,162.84 based on the previous work performed and completed and pursuant to the terms of the Construction and Maintenance Agreement dated April 25, 2017. 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 Golf and Country Club of Naples Phase 3 Blocks “K1”, “K2” and “H3”, Application Number PL20160003679, 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.8 Packet Pg. 434 10/25/2022 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.8 Doc ID: 23404 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 Golf and Country Club of Naples Phase 3 Blocks “K1”, “K2”, and “H3”, Application Number PL20160003679; and authorize the release of the maintenance security in the amount of $305,162.84. Meeting Date: 10/25/2022 Prepared by: Title: Technician – Growth Management Development Review Name: Lucia Martin 09/16/2022 4:17 PM Submitted by: Title: Environmental Specialist – Growth Management Department Name: Jaime Cook 09/16/2022 4:17 PM Approved By: Review: Growth Management Operations & Regulatory Management Kenneth Kovensky Additional Reviewer Completed 09/16/2022 4:28 PM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 09/21/2022 7:34 AM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 09/21/2022 7:41 AM Growth Management Department Diane Lynch Growth Management Department Completed 09/22/2022 7:16 PM Growth Management Department Jaime Cook Division Director Completed 09/26/2022 5:18 PM Growth Management Department Trinity Scott Transportation Skipped 09/20/2022 9:25 AM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 10/06/2022 9:55 AM Growth Management Department James C French Growth Management Completed 10/11/2022 12:25 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 10/11/2022 1:56 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 10/11/2022 3:36 PM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 10/14/2022 2:15 PM County Manager's Office Amy Patterson Level 4 County Manager Review Completed 10/17/2022 10:11 AM Board of County Commissioners Geoffrey Willig Meeting Pending 10/25/2022 9:00 AM 16.A.8 Packet Pg. 435 ESPLANADE GOLF AND COUNTRY CLUB OF NAPLES PHASE 3 BLOCKS “K1”, “K2” & “H3” LOCATION MAP 16.A.8.a Packet Pg. 436 Attachment: Location Map (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS entered into thi{k day oi 472- , , 2017 between Taylor Morrison Esplanade Naples, ILC hereinafter referred to as "Developer", and the Board of County Commissioners of collier County, Florida, hereinafter referred to as the "Board". CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IM PROVEM ENTS RECITALS 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 foreBoing 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: roadway, drainage, water and sewer improvements within 12 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 S 1,959,099.94 - which amount represents 10% of the total contract cost to complete the construction plus 100% of the estimated cost 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 such 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 his designee for compliance with the Collier County Land Development Code. 1of 3 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 Golf and country Club of Naples Phase 3, Blocks "K1", "K2" and "H3,, . 5. The County Manager or his designee shall, within sixty (60) days of receipt of the statement 16.A.8.b Packet Pg. 437 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 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 lmprovements 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 lmprovements 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 his 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 his designee. The County Manager or his 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 requ est. 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. 2of3 8. ln the event the Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure, the County Manager or his 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 of 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. 16.A.8.b Packet Pg. 438 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") lN WITNESS WHEREOF, the Board and the Developer have caused this Agreement to be executed by their duly authorized representatives this 1 'rriUay of ltf t! tc. SIGNED IN THE PRESENCE OF (Name of Entity) Taylor Morrison Esplanade Naples, LLC By ;ls^ Printed Nameffitle: Andrew Miller, Authorized Agent (Provide Proper Evidence of Authority) "\ - Printed Name o By: Pri Name:T€ffrq fulor"oJ ATTEST: DWIGHT E. BROCK, CTERK BOARO OF COUNTY COMMISSIONERS OF COLLI R , FLORIDA .Z By Deputy cHtbst aS [0 hakman's stg n alure only. Appr oved as t man d legality:for Scott A. Stone Assistant County Attorney PENNY TAYL . CHAIR 3of 3 20L7 . bfit(EzL.l ?+11f./ By: ii,.,' 16.A.8.b Packet Pg. 439 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Detail by Entity Name Dtv,srol l;; C.tapcsl itarrs Page I of4 ,. |! -rl"':) ""i' ''';'Of$ D_Spa4rlt!!191q!s!o / pivr!.19!-ollQq{p:fi!ati98q / S-cll chiqc-oJds / De!!U!-By_D9_c!'nen!N.tr@91 / Detail by Entity Name Florida Limited Liability Company TAYLOR MORRISON ESPI.ANADE NAPLES LLC Filino lnformatlon Document Number L11000143130 FEUEIN Number 45-41001 17 Date Filed 1212212011 Effective Date 1212212011 State FL Status ACTIVE Last Event LC NAME CHANGE Event Date Filed 0112312013 Event Effective Date NONE Principal Address 49OO N, SCOTTSDALE ROAD SUITE 2OOO SCOTTSDALE, pa85251 Changed: 0111812012 Mailino Address 49OO N SCOTTSDALE ROAD SUITE 2OOO SCOTTSDALE, Az85251 Changed: 0111812012 Reqistered Aqent Name & Address NRAISERVICES, INC 1200 South Pine lsland Road Plantation, FL 33324 Name Changed 01 I 1 812Q12 Address Changed: 01 I 1 81201 2 Authorized Person(s) Detail Name & Address Title Managing Member TAYLOR MORRISON OF FLORIDA INC a ED4 http://search.sunbiz.org/lnquiry/CorporationSearct/SearchResuru,.rcr.lurrrryurrruyv 5il0t2017 16.A.8.b Packet Pg. 440 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Detail by Entity Name ritle AUTHORIZED AGENT - FTNANCE FULMER, RYAN 55.I NORTH CATTLEMEN RD., SUITE 2OO SARASOTA. FL34232 Title AUTHORIZED AGENT - LAND MtLLER, ANDREW (,'DREW,) 551 NORTH CATTLEMEN RD, SUITE 2OO SARASOTA, FL34232 Page 4 of4 Annual Reports Report Year 2016 2016 2017 Filed Date o3t25t2016 06t16t2016 03t05t2017 Document lmaqes Q_31q5,1?Q !-7_:: All!,{-U]lL 1rrylOR r ufi4.1_1 r?g 1-5, : 1\tvl.riJ!t) [- D /\N ].! U\t r.r I pi ) tl I !M_!.98q-1 6 -: A!!E NDE o Q3/_a94Q.1-6_:. AN-t! UALB EBQBI q925/2Qt5 "- nliE-NQEp ANNI.UALSEPIR I 02a.6r2qi - ANN_uAL nEeaE-I 04/ I 0/20 1 4_-- AlillJ,lQED ANNUAL REPORI Q1/25120 t4 -, ANNUAL REPORT in t'DF [orn]at View rmage in PDF forrnat Viow imaqo in PDF foilnat View irnage in PDF fornral '1 .i.' .0)l&1?9-!_r :_4 N I!-UA!B Ee QBI o LA.LaU 3-- !-Q Noore QI]a rce qu9l20 I 2 ., AltxrJliLl1EEqEI 1.212? t.2lL t-l... F l!rcLa,L_tq!t_ed -L_ritbtlLu View irnaqe in PDF fomlat Viow rnrage in PDF forntat View inlaqo in PDF foilnai View irnaqe in PDF tormal View rnage in PDF fomal View inlage in PDF tolnat View irrtagc in PDF foilnat View irnage rn PDF fomlat Viow inrage irl PDF forntal Viow iolage ir) PDF foltnal Viilw irnage in PoF foilniit http://search.sunbiz.org/lnquiry/CorporationSearch/SearchResultDetail?inquirytype:[1ntity... 5ll0l20l7 16.A.8.b Packet Pg. 441 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Detail by Entity Name 49OO N, SCOTTSDALE ROAD SUITE 2OOO SCOTTSDALE, AZ 85251 Tille President KEMPTON, JOHN STEVEN 551 NORTH CATTLEMEN RD sutTE 200 SARASOTA, FL 34232 Title CFO, EXECUTIVE VICE PRESIDENT CONE, C. DAVID 49OO N, SCOTTSOALE ROAD SUITE 2OOO SCOTTSDALE, AZ 85251 Title Secretary, Executive Vice President, Chief Legal Officer SHERMAN. DARRELL C, 49OO N, SCOTTSDALE ROAD SUITE 2OOO SCOTTSDALE, AZ 85251 Title Asst. Secretary Page 2 of4 ESTRADA, CAROLINE G, 49OO N. SCOTTSDALE ROAO SUITE 2OOO SCOTTSDALE, AZ 85251 MERRILL, S. TODD 121 1 N. WESTSHORE BLVD SUITE 5,I2 TAMPA, FL 33607 Title VP Tltle VP MILLER, DOUGLAS D. 49OO N. SCOTTSDALE ROAD SUITE 2OOO SCOTTSDALE, AZ 85251 STEFFENS, LOUIS E. 1211 N WESISHORE BLVD SUITE 512 TAMPA. FL 33607 http://search.sunbiz.org/lnquiryiCorporationSearch./SearchResultDetail?inquirytype=Entity...5/10i2017 Title Asst. Secretary 16.A.8.b Packet Pg. 442 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Detail by Entity Name Tille VP LONGENECKER, CAMMIE L, 551 NORTH CATTLEMEN RD SUITE 2OO SARASOTA. FL 34232 Title VP SQUITIERI, ANTHONY ("TONY) J 551 NORTH CATTLEMEN RD. SUITE 2OO SARASOTA, FL 34232 Title VP Page 3 of 4 PALKA, RUSSELL 551 NORTH CATTLEMEN RD SUITE 2OO SARASOTA, FL 34232 LONG. CHRISTOPHER G 551 NORTH CATTLEMEN RO., SUITE 2OO SARASOTA, FL 34232 Title VP BRIONES, TRACY 551 NORTH CATTLEMEN RD, SUITE 2OO SARASOTA, FL 34232 Title VP Besse, Jason 551 NORTH CATTLEMEN RD., SUITE 2OO Sarasota, FL 34232 Title AUTHORIZEO AGENT - Land Truxton, David 551 NORTH CATTLEMEN RD,, SUIfE 2OO Sarasota. FL 34232 Title VP SORENSEN, ANDREW ('ANDY') 551 NORTH CATTLEMEN RD,, SUITE 2OO SARASOTA. FL 34232 Title VP http://search.sunbiz.org/lnquiry/CorporationSearch/SearchResultDetail?inquirytype=En1ily...5ll0l20l7 16.A.8.b Packet Pg. 443 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") PERFORMANCE BOND BOND NO, SU1145036 KNOW ALL PERSONS BY THESE PRESENTS: Ihat Taylor Morrison Esplanade Naples, LLC 551 N. Cattlemen . Ste.200 S arasota. FL 34232 (Name of Owner) (Address of Owner) (Address of Owner) (Hereinafter referred to as "Owner") and Arch lnsurance Com anv (Name of Surety) Harborside 3,210 Hudson Street. #300 (Address of Surety) Jersev Ci , NJ 0731'1-1107 (Address of Surety) Pho ne: (2O1\743-4000 (Telephone Number) (hereinafter referred to as "Surety") are held and firmly bound unto Collier County, Florida, (hereinafter referred to as "counly") in the total aggregate sum ofone Million nine Hundred Fifty-Nine Thousand Six Hundred Ninety-Nine 94/1OO Do ars ($.j!@,099.94 ) in tawful money of the United States, for thepayment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, joinfly and severally, firmly by these presents. owner and surety are used for singular or plural, as lhe context requires THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approvat by the Board of a certain subdivision plat named Espranade Gorfand cou,xryL,ub or Napres phase 3 Bocks.Kl K2. ...r 'H3 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 harm less 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 aI ou ay 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. PROVIDEO, FURTHER, that the said Surety. for value received hereby, stipulates and agrees that no change, extension of time, alteration, acld it ion 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 deletjon to the proposed specific improvements. PRovlDED, FURTHER, that it is expressry agreed that the Bond shaI be deemed amended aulomatically and immediately, without formal and separate amencrments hereto, so as to bind lhe 16.A.8.b Packet Pg. 444 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 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. lN WITNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 1 gth day of ril 2017 Ta or Morrison Esplanade Naples, LLC ACKNOWLEDGEMENT srArE oF F lChrl n COUNTY OF THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS DAY OF15 ftp?tl 2017 ,by OLF:vtl tnr lkzz-(NAME OF ACKNOWLEDGER) AS oF (NAME OF coMPANY)WHO IS PERSONALLY KNOW E, OR HAS PRODUCED AS IDENTIFICATION. Notary Public - State of FloLtflft (sEAL) \nl,hl\ Jh,kl Printed Name ( S.'lI.li'.o.'W.-,REBEKA}I NORTCN MY COMMISSION I FF A9121 EXPIBES: May '10, 2019 Boidrd nru 8udlrt Nolrry Slni(aj WITNESSES ) (Owner Name and Title if Corporation) *6oG,By: 6-l prir\tea N"rr/) 1-tvliz,t;o, -l'-4tilt Printed Name/ritle \,r-/h, l/-r /JLi^r' .4--*r{ nak-(Provide Proper Evidence of Authority) ,{,,{doName -irA(n^ Qnloxo ,16.A.8.b Packet Pg. 445 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") WITNESSES: (Surety Name and Title if Corporation) Arch Insurance Company By frth* /r{,1-By:h il Printed Name: Gloria Robb\ U Printed Name/Title: Margaret A. Ginem Attorney-in-Fact & FL Licensed Resident Agent By (Provide Proper Evidence of Authority) Printed Name: Anett Cardinale ACKNOWLEDGMENT c/o Willis of Flortda, tnc. 421'l W. Boy Scout Blvd., St6. 'lOO0 Tampa, FL 33607 lnquiries: (813) 281-2095 STATE OF FLORIDA COUNTY OF HILLSBOROUGH THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS 1gth DAY OF April, 2017, BY Marqaret A. Ginem, AS Attornev-in-Fact OF Arch ln surance Comoanv, WHO lS PERSONALLY KNOWN TO ME, OR HAS PRODUCED IDENTIFICATION. Notary Public - State of Florida (SEAL) q v Pri ed Name - Marianella Barnol own AS MARIANELIJ EARNClA Ccrnmission # FF 94r/61 Exlres May 5, 2020 gen.! i)v! lq t, r.sB g-16t70,, Bond No. SU1145036 -+$l:,r;.,:,i i+ :.t1?ffiif' 16.A.8.b Packet Pg. 446 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Atc 0000203435 IHIS POWER OF ATTORNEY IS NOf VAI.'O U'VLESS 'T 'S PRINTED ON BLUE BACKGROUND. Thls Powet ol Attorney ll,nits the acts of thosa named herein, and they have no authotity to blnd the Company excopa ln tha manner and to the extent herein sfated. Noa valld fot Modgage, Note, Loan, Letter of Credlt, Bank Deposlt, Currency Rale, lnterest Rate of Residential Value Guarantees, POWER OF ATTORNEY Know All Persgns By These Presents That the Arch lnsurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey (he.einafter referred to as the "Company") does hereby appoint: Anett Cardinale, Brandy Baich, David H. Carr, Eileen C. Heard and Margaret A. Ginem of Tampa, FL (EACH) its true and lav'dul Altorney(s)in-Fact, to make, execute, seal, and delaver 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 Ninetv Mi llion Dollars {$90.000.000.00) This authority does not permit the same obligation to be split into two or more bonds ln order to bring each such bond within the dollar limit of aulhority as set forth herein. The execulion of such bonds, undertakings, recognizances and olher 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 th6 same had been duly executed and acknowledged by its regularly elecled omcers at its principal administrative office in Jersey City, New Jersey. This Power of Altorney 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 lull force and effect; "VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice Presidenl, 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 lo appoint agents and attorneys-in-fact, and lo 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 otficers of th6 Company may appoint agents for acceptance of process." This Power of Atlorney is signed, sealed and certified by facsimile under and by authority of the following resolution adopted by the unanimous consent ol the Board of Directors of the Company on September 15, 201 .l: VOTED, That the signalure of lhe Chairman of the Board, the President, or the Executive Vice President, or aoy Senior Vlce president, of the Surety Business Division, or their appointees designated in wriling and filed with the Secretary, and the signature of the Secretary, lhe seal of the Company, and certifications by the Secretary, may be amxed by facsimile on any power of a orney or bond executed pursuant to lhe resolution adopled by the Board of Directors on September '15, 2011, and any such power so executed, sealed and certified wilh respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. 00[,,!10013 00 03 03 Page 1 ol 2 Prinled in U.S.A 16.A.8.b Packet Pg. 447 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Esplanade Golf & Country Club of Naples - PPL #3 (Parcels H3, Kl, & K2) Opinion of Probable Cost ParcelH3 Pa,cel K1& K2 Total Wastewater s95,2s4.3s 570,236.s0 5s31.383.90 5183,s74.30 SUBTOTAI.: s527,638.25 s2s3,810.80 5881,449.0s Earthwork Pavint Drainage lrrigation 58,299.00 S145,43s.1s s81,sss.00 Ss2,143.10 S8,149.50 s308,107.30 s132,811.0s s10s,596.25 SUSTOTAI = S16,448.s0 54s4,s42.4s s214,366.05 s1s7,739.3s s843,006.35 So.oo s22,000.00 ss,000.00 s30,000.00 SUBTOTAI = Ss,ooo.oo Ss2,ooo.oo s57,000.m Landscape Lighting TOTAI =781,545.40 Rev03 March 29, 2017 l) This Opinion ofProbableCost IOPC)rhallbe used tor permitrint purposes only. 2) This O PC it based on the €nginee.'s u nderstandinS of lhe current tu let, re&lationr, ordin ancer, and connructlon colti in effect on the date ofthir documenl. lnterpret.tions of these connruction corr may affect thas OPC, and may requke adjurrments to d€l€te, decreare, or Increaee portionr oftharOPC. 3) Allcont provided itr this OPC are based on recent contract prices, orthe entine€r's latest known u.rtcorts.Itese conrcannot be Suaranteed at thirtim€ due to unpredictabl. and uncontrollabl€ increar€s in thecost ofconcrer., p€t,oteum, or the availability ol mat€.iab and labor Jeremy H. Arnold, P.E.66421State ::.*,vxOffiffid a Digitally signed by Jeremyffi---HlI r noIdPEl66+2TStatE Florid. Licen:e1$.664-. 66a ps536Ot l- lOt'idd Date: 201 7.03.29 I 5:l 5:34 Jerenryl{.Arnol(tsrlrcoftrloridsl,rofcssionrl riDsi':O4loonsc No 66.t21 I his itc'n has bcen elcctroni.xll) signod and serlcd b) Jcrcm) H. Arnotd. PE on J/29l17 using a t)igil t I'rinlcd copi€; ol rhis docunrcnr arc nor consirl.rcd signeJ xnd seatcd aDd rhe srgnature ,,rtrsr bc \erified on ny cl,jctronic (('pics. SUMMARY 16.A.8.b Packet Pg. 448 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") C-owtty Gro\,vth Management Department Development Review Division November 28,2017 Arch Insurance Company I125 Sanctuary Parkway, Ste. 200 Alpharetta, GA. 30009 RE: Performance Bond No. SUI 145036 / Taylor Morrison of Florida, Inc. Esplanade at Hacienda Lakes Phase 3, Blocks "K1", "K2" and"H3" PL20160003679 Dear Sir or Madam: Please be advised that based on the work completed and inspected to date, the subject Performance Bond may now be reduced by $436,780.30, leaving an available surety of $1,522,919.64. The remaining surety represents 51,344,765.10 in uncompleted improvements, plus the l0% maintenance security of $178,154.54. An original Bond Rider should be submitted to this office 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 funher assistance to you in this regard, please let me know Sincerely, $ob 4ftouldworth John R. Houldsworth Senior Site Plans Reviewer With authority in these matters Cc: Jeremy Arnold, PE, Waldrop Engineering Deiebpnrt Review Division . 2600 Norh Horse$oe Ddve . l,bfts, Hotla 34104 . 239252-2400 . ryrw.olHgovnd 16.A.8.b Packet Pg. 449 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Decrease PENALTY RIDER BOND AMOrniT $!J59d99.94 BOND NO. sull4s036 To be attached and form a part of Bond No. SUll45036 dated the 19th day of dpdl 2017, executed by Arch Insurance Comnanv as surety, on behalf of Taylor Morrison Esplanade Naples. LLC as current principal of record, and in faror of QIIgr-e,@--EL, as Obligee, and in the amount of One Million Nine Hundred Fiftv Nine Thousand Six Hundred Ninety Nine Dollars and 941100 G1,959,6e9.%). In consideration of the agreed premium charged for this bond, it is understood and agreed that Arch Insurance Companv hereby consents that effective from the 28th day of November,M, said bond shall be amended as follows: THE BOND PENALTY SHALL BE Decreased: FROM: One Million Nine Hundred Fiftv Nine Thousand Six Hundred Ninetv Nine Dollars and e4n00 ($1.es9.6ee.%) TO: One Million Five Hundred Twentv Two Thousand Nine Hundred Nineteen Dollars and 64/100 (ul2a9!e.64) The Decrease of said bond penalty shall be effective as of the 28th day of November,M, and does hereby agree that the continuity ofprotection under said bond subject to changes in penalty shall not be impaired hereby, provided that the aggregate liability of the above mentioned bond shall not exceed the amount of liability assumed by it at the time the act and/or acts of default were committed and in no event shall such liability be cumulative. Signed, sealed and dated this 30th day of November,N)7. PRINCIPAL STTRETY Aimee R. Perondine, ATTORNEY-IN-FACT Florids Licens€d Non-R.sident Agctrt #P03tt56 B\': c/o Willis of Florida' lnc' 4211 W. BoY Scout Blvd', Ste' 1000 Tamoa, FL 33607 lnquiries: (81 3) 281 -2095 F*z 16.A.8.b Packet Pg. 450 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Atc 0000198222 THIS POWER OF ATTORNEY'S 'VOT VALID UNLESS 'T'S PRINTED ON BLUE BACKGROUND. POWER OF ATTORNEY Know All Persons By These Presents: That the Arch lnsurance 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: Adam Martin, Aimee R. Perondine, Aiza Lopez, Ashley Sinclair, Brian Peters, Danielle D. Johnson, Donna M. Planeta, Jennifer M. Garten, Joshua Sanford, Keri Ann Smith, Michelle Anne McMahon, Nicole Ann Clark, Stacy Rivera and Stephani A. Trudeau of Hartford, CT (EACH) its true and laMul 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 Ninetv Million Dollars ($90,000.000.00). This authority does not permit the same obligation to be split into two or more bonds ln 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 offlcers 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 15,201'l , true and accurate copies of which are hereinafter set fo(h 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 flled 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 Directorc 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 attomey 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. Page 1 ot 2 Printed in U.S.A. This Power of Attorney limits the acfs 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, lnterest Rate or Residential Value Guarantees. 00rv10013 00 03 03 16.A.8.b Packet Pg. 451 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Vri ln Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized officers, this 7th day of October, 2016. Attested and Certified Arch lnsurance Company tfi Patrick K. Nails, Secretary STATE OF PENNSYLVANIA SS COUNTY OF PHILADELPHIA SS David M n, Executive Vice President l, 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 ai Secretary and Executive Vice President of the Arch Insurance Company, a Corporation organized and existing under the laws of the Stateof Missouri, subscribed to the foregoing instrument, appeared before me this day in peison and severally icknowledged that they being thereunto duly authorized signed, sealed with the corporate seal and delivered the said instrument "s the free and voluntary ait of sjiO corporation and as their own free and voluntary acts for the uses and purposes therein set forth len Szafran, My commission expires 1010312017 CERTIFICATION l, patrick K. Nails, Secretary of the Arch lnsurance Company, do hereby certify that the attached. Power of Attorney dated October 7' 2016 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 EitJthereof 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 lnsurance Company. lN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the Arch lnsurance company on this 3o dayot Na.x.*bt,zO l'l - Patrick K. Nails, 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 lnsurance - Surety Division 3 Parkway, Suite 1500 Philadelphia, PA 19102 (Irrrc*tlt ftAl t9rl Ihrocti H TH Rrrhl*srySZAFRAT{. Ctyot u,rffrxJ$t 'EAttrTl Ikroc,i 00NI1001 3 00 03 03 Page2of 2 Printed in U.S.A Arc 0000198222 AA'f=-^ 16.A.8.b Packet Pg. 452 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Esplanade Golf & Country Club of Naples - PPL #3 (Parcels H3, K1, & K2) nion of Probable Cost November 28, 2017 Parcel Hl (oritin.l) Parcel H3 (work Remaining) Parcel Xl & K2 (Original) Parcel Kl & (2 (WorI Remainint) Total (Worl Rem.ining)Total (original) 5180,074.30 5180.074.30 5253,810.80 S1t0,074.30573,736.s0 50.00 S14G,43s.1s 581,555.00 s53,643.10 50.00 s22,000.00 s/5,142.A0 s0.00 50.00 So.oo 50.00 s308,107.30 s132,811.05 s104,095.25 ss,000.00 s30,000.00 s30a,107.30 s132,811.05 s104,096.25 Ss,ooo.oo s30,000.00 $454,542.4s s214,365.05 $157,739.rs Ss,(m.m ss2,(m.ax, s3s3,2sO.10 s132,t11.05 s1(X,095.25 Ss,ooo.m s30,(m.q) Paving Landscape Lighting SUMMARY 1(}x o&i, = Bod Anount. s1r8,154.s4 Sr,959,69!r.!x S17E,15d54 stF22,9t9.g 1 ) Ihis opinion of Prob.bl. Co* IOPC) rh.ll b. ui.d fo. p.rhifrina pu.posei on ly. 2) Ihi3 OPC 6 b.s.d on S. .nainec/s u nd.Bt.ndint ol S. cu r.nt ru l.s, r.au htaon 1 ordin.hc8, .nd conttuction .orb in .ftd on S. OPC,..d m.y r.quir..djusth.nBto d.l.&, d.c...t., o. incrc.* ponio.s olthiiOPC. ill lll, 3) All .o5B p.odd.d i n thir OPC .r. b.*d on ..c.nt co.r.d pri..3, or th. .nain..r'r l.tcat knwn un n cors. Ih.e corB o n not b. ofcon.r.t., D.tollum, or th..v.il.bili$ ot 6.t.ri. s..d l.bor. Florida Lrcense f 66421 coA [8635 No.66421 L/rrilirr\\ It aII * 16.A.8.b Packet Pg. 453 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") C-ottteity June 26,2018 Gro,vth Management Department Development Review Division Arch Insurance Company 1125 Sanctuary Parkway, Ste. 200 Alpharetta, GA. 30009 RE: Performance Bond No. SUI 1245036 / Taylor Morrison of Florida, Inc. Esplanade Golf & Country Club of Naples, Phase 3, Blocks "Kl", "K2", and "H3" - PL20t60003679 Dear Sir or Madam: Please be advised that based on the work completed and inspected to date, the subject Performance Bond may now be reduced by $1,177,614 leaving an available surety of $345,305.64. The remaining surety represents $167,151.10 in uncompleted improvements, plus the l0% maintenance security of $178,154.54. An original Bond Rider should be submitted to this office reducing the value of the security, all other terms and conditions of the original Performance Bond to remain in full force and effect". If I can be of any further assistance to you in this regard, please let me know Sincerely, loHN HOUTDSWORTH John R. Houldsworlh Senior Site Plans Reviewer With authority in these matters Cc: Jeremy Arnold, PE, Waldrop Engineering Derdopnert Review Diuision. 28m Nofi Horse$oe Ddve . lhfles, Hcrila 34104.2392f.2-24N . wuar.colirgovnd 16.A.8.b Packet Pg. 454 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Decrease PENALTY RIDER BOND AMOUNT $t.522.919.64 BOND NO. StIl145036 To be attached and form a part of Bond No. !!!!$!f[ dated the !9!X day of ApLi!, 2!ff, executed by Arch lnsurance Companv as surety, on behalf of @as current principal of record,and in favor of Collier Coun as Obligee, and in the amount of One N{illion Five Hundred'frventv Two Thousand NiIle II u ndred Nineteen Dollars and 641100 ($1.522.919.64). In consideration of the agreed premium charged for this bond, it is understood and agreed that Arch Insur ce Comoanv here b-t.' corscnts that effective from the LO.!I da) of Jg\, 2!!-!!, said bond shall be amended as follows: TIIE BOND PENALTY SHALL BE Decreased: FROII: Onc llillion File Ilundred Ts'entv Trvo Thousund Nine Ilundred \in eteen Dollars and 64/100 ($1122J19.6O TO: Three Hundred Fo v Fiv e Thous nrl 'Ihree Huntlrcd Fivc Dollars and 6,1/100 (5.1.15.305.6{) 'fhe Decrease of said bond penalt"v shall be effective as of the L!$ dal of Jg[, 2!]!, and does hereby agree that the continuity of protcction under said bond subject to changes ir penalt!' shall not be impaired hereby, provided that thc aggregatc liability of the above mentioDed bond shall not exceed the anrount of liability assumed by it 8t the time the act and/or acts of default rvere committed ard in no event shall such liability bc cunlulative. Signed, scaled and dated this lflh day of Julv, 2018. lor )lorlison E laladc Na le LLC PRINCIP,\I, B\':I Anthony (Squitieri/ sLRUt Ic/o Willis of Florida, lnc. 42'11 W. Boy Smut 8lvd., Ste 1000 By. T8mp8. FL 33607 lnquiries: (813) 281 -2095 THE ABOYE BOND IS HfREBY AGREED TO A\D ACCfPI'ED BY: Collicr County, Fl, Srnn'cl E. Begui.1-t oR N t._\ - Fl, l-icensed Non-ltesidcD( Agerrr, l.iccnrc N.. \Y1E0297 oRt_t(;1._[. ll\ TITLE ,\rch Insrrlalcc Conrpartl 16.A.8.b Packet Pg. 455 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Arc 0000250474 THIS POWER OF ATTORNEY IS NOT VALID U'VLESS 'T'S PR"VTED ON BLUE BACKGROUND. fhis Power ol Attorney limits,he acts of those named herein, and they have no autho ay lo blnd the Company except in the manner and lo the extent herein saated. Not valid for Note, Loan, Leater ol Credit, Curency Rate, lnterest Rate or Resldential Valuo Guarantees. Know All Persons By These Presents That the Arch lnsurance Company, a corporation organized and existing under the laws of the State of Missouri, haying its principal administrative office in Jersey City, New Jersey (hereinafier referred to as the "Company') does hereby appoint: Aimee R. Perondine, Aiza Anderson, Bethaoy Stevenson, Brian Peters, Danielle D. Johnson, Donna M. Planeta, Eric Strba, Jenny Rose Belen Phothirath, Joshua Sanford, Jynell Marie Whitehead, Lorina Monique Garcia, Mercedes Phothirath, Michelle Anne McMahon, Samuel E. Begun and Tanya Nguyen of Hartford, CI (EACH) Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum nol exceeding Ninelv Million Oollars ($90,000.000.00). The execution of such bonds, undertakings, re@gnizances and other surety obligations in pursuance ol 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 regulady elected officers at its principal administrative offce in Jersey City, New Jersey. "VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior.u'ie Presj-delti of tfrZ Surety Business Oivision, or their appointees designated in writing and flled with the Secretary, or the Secra{ary shalF-hav-e lha po-v/?r and authority to appoint agents and attorneys-in-tuc! afld lo authorize them subjecl to the limitations set f6{h in thejrrespEltivC-powcrs of attorney, to execute on behalf ot the Company, and attach the seal of the Company thereto, bonds, tndedakingsi rar-egnl2,*r(fa and oth€r surety obligations obligatory in the natur€ thereof, and any such officers of the Company may arpoinl agents for accp6rr.le of process.' This Power of Attomey is signed, sealed and certifed by facsimile under and by authority of the following resolution adopted by the unanirnous cpnssrt of the Board of Oirectors of the Company on September 15, 2011: VOTEO, That lhe signature of the Chairman of the Board, the President, or th€ Ex€cutiv€ Vic€ Presldent, or any Senior Vice Prosident, of the Surety Business Division, or their appointees designated in writing and filed with the Secr€tary, 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 attomey or bond executed pursuant to the resolution adopted by the Board of Directors on September 15, 2011, and any such power so ox€cuted, sealed and certif€d with respect to any bond or snderteking to which it is attiached, shall continue to be valid and binding upon the Company. 00M10013 00 03 03 POWER OF ATTORNEY its true and lawful Attomey(s)in-Fact, to make, execute, seal, and deliver from ths date o, issuance of this power for and on its behalf as surety, and as its acl and deed: This authority does not permit the same obligation to be split into two or more bonds ln order to bring each such bond within the dollar limit of authority as set forth herein. This Power of Attomey is executad by authority of resolutions adopted by unaninrers co*sent of the Board of Directos ot the Company on September 15, 201 1, true and accurate copies of which are h€reinaner set ionh and arB hereby certified to by the undersignod Secretary as being in full force and effoct: Page I ol 2 Printed in U.S.A. 16.A.8.b Packet Pg. 456 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") ln Testimony Whereof, the Company has caused this instrument to be signed and its corporate seal to be afflxed by their authorized offcers, this Zl: day of June,2018. Attested and Certified Arch lnsurance Company Patrick K. Nails, Secretary David M tein, Executive Vice President STATE OF PENNSYLVANIA SS COUNTY OF PHILADELPHIA SS l, Michele Tripodi, a Notary Public, do hereby certity 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 lnsurance 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 and delivered the 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 O' PEAMYLVA"I 2!,1-- .l; lN TEST;MOI.|Y WHEREQF, I have hereunto subscribed my name and affixed the corporate seal of the Arch lnsurance Company on thrs - l-?j.-.Jav of -- l,-^(, f .20 (F... Miche Tri i, Notary Publi My com ssion 6xpires 07/31 21 l, Patrick K. Nails, Secretary of the Arch lnsurance Company, do hereby certify that the attached Power of Attomey dated J!!9.21- 2gL! on behalf of the person(s) as list€d above is a true and conect 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 lnsurance Company. Patrick K. Nails, Secretary This Power of Attorney limits the acts of those named therein io 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 BONO TO THE FOLLOWING ADDRESS: Arch lnsurance - Surety Division 3 Parkway, Suite '1500 Philadelphia, PA 19102 ttatrt, Itrroutl \,/-{ Clty a{ Ptlrda(pnu , Pnr. try clrrrfiab t 9t6 xr, (o,,rryL Xnl ipIltl^! ltrl Lrlu mtool, llo(,, haat rrn Ilsrourl 00M10013 00 03 03 Printed in U.S.A Arc 0000250474 ,1A CERTIFICATION P,ge 2of 2 16.A.8.b Packet Pg. 457 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") .RfuC-ount! July 9, 2020 Gro\i/h Ma nagement Departnent Development Review Division Arch Insurance Company I 125 Sanctuary Parkway, Ste. 200 Alpharetta, GA. 30009 RE: Performance Bond No. SUl l45036 / Taylor Morrison Esplanade Golf & Country Club Phase 3 PPL20160003679 Dear Sir or Madam: Please be advised that based on the work completed and inspected to date, the subject Performance Bond may now be reduced by $40.142.80, leaving an available surel)' of $305,162.84. The remaining surety represents $127,008.30 in uncompleted improvements. plus the l0% maintenance security of $ I 78,I 54.54. An original Bond Rider should be submitted to this oUrce reducing the value ol the security, all other terms and conditions of the original Perlomance Bond to remain in full lorce and efl-ect". lll can be ofany lurther assistance to you in this regard, please Iet me know. Sincercly. loHN HOADSWORIH .lohn R. Houldsworlh Senior Site Plans Reviewer With authority in these matters LLI Da/€bFstRe'/i6,Divi$n'200l'ffir l-brsedl@Dril€.Ihdes, Flcrid 34104 '23$252-24m .' lirr^,.c(t€r@(nM.goy Cc: Jereml' Amold. PE. Waldrop Engincering .lol.rn Asher. Ta1'lor Morrison 16.A.8.b Packet Pg. 458 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Decrease PENALTY RIDER BO\t) ,\\tot \t $J.15.105.61 B()\r) \o. !!_1115!!J! 'li be attachcd and form a part of Bond \o. S!!L!i!!16 dated the !2!b dat ofi!p!i!.20f2. erecuttd bt .\rch lnsurance ( omo{nr ar \urrll, on behalf of @ ar current principtl of rccord. and in far or of (!!!gqlgg4[y,f!, es Obligec. and in thc amounl of 'fhree llundred l'ortr l'i\.' 'l housand l'hrm llundred Fire l)ollars and 6{/llX)(sJ{5.J05.6{ ). ln consideration ofthe sgreed lremium charged for this bond. it is undcrstood and sgreed th{t Arch lnsurrncc ( omprnv hcrrbl consents that rffective from the Zlh rlar ofJglt.2!E!. said bond shell hr. amcnderl as follrrs: I llI BO\l) Pt-\.\l-I\ sll,\l-t- BU |)(cretsed: l O: 'l hrec llundred I'ire l housand ()nq llqldrcdltrlr lru !)q LElLl0Q GJ.!I5J-02.8{) 'l he Derrease of said bond penalt) shrll be effe(tive as of the !! day of fg[, !!!!, and does herebt agree that the continuit) of protectior undcr said bond subject to changes i,l penaltt sh&ll not hc impaired herebt, pro!ided that the aggregrtr liabilitl ofthe abotc mentioned bond sh{ll not crceed the amoult ofliability assumed b! it at the time the 8ct {nd/or acts ofdefirula nere committed ,nd in no event shrll such liabilitv bc cumulative. Signed, realcd and datcd thi\ 2.L! dat of.lulr.2{l2ll. I .t.( PRI\( IP \I ,\r ht llce Jo\hu, s,nfdrd. .\ I IOR\t:\-l\-l'\( l B\ It\ stR l-ROll: t hrrr llundrcd lorn Five'l'housend Three llundrcd Five Dollars and 6{/100 ($34sJ05.6.r) 16.A.8.b Packet Pg. 459 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") Atc 0000312385 TlisPov.toIAAo6qltDtit,h..cfiof,tot rt .d l,rcir, .id thc! *,zyr ro olhottty lo bird lL. CofrFq ac.pr ii rh. ntnn r td lo rh. dal hdcir sbtc.L Not valU lot NoA LN,t, Lar.r of Ct.di\ Ctn ic! R.b, Irt.rts, tt! or Rctikrtid l/da. Gt ..iu.a POWER OF ATTORNEY I(lox A[ P.rn f,y Tlc.. Pr.t 16: Th.r dr. AEh hsurer CornFny, r corpor.tror orFni!.d :nd cxistinS undd th. la*s oflhc SLt ofMis6ouri. hrvur8 irs princip.l adninisrr.tivc officc in J€tE€y City, Ncw rcncy (hcrcin.filr r.f.ncd to .i thc "Cornp.ny") doc. hcrct'y lppoitrt: AimG. R P.rondir., Alzr Aid.ror, Ecth.ny St r,.arc4 Drrrcll. D. Johro4 Dor[. M. PL!.tr, Erlc Sttb., Jorhu Srrfor4 Mcrccdct PhothirrtL Mich.[. Ain. McMrhon, S.trlucl E. B.trr .rd T.ry. Nluyo of H.rtforc CT (EACH) irs uuc .!d l.wtul Atrqncys)ln-fi4t (o srk!, ircclrt , s..1. rd dcliva ftom rhc d.r€ of is.u.D6 of rhrs powcr for &d on its b.hrlf.s surcty. r,rd .s ils rct lDd dccd: ADy:nd lll borld!, urdcn ftinSr. r6.gni2.nc.s .nd olhcr surcty obli8.tions, in rh. pcnal sum not cxc..ding Nitrcty Milion Dollan (90.fl)0.000.00). This .urhority do6 nor pcrlnir rfic stmc obligrtion to b€ split inro t$,o or mo.! bords In ordct to bring cech such b€nd wilhin lfic dollf lim of.ulhonly .! s€t forth Thc €xccution of such bon&, undcrt kirSs, r.cognizrnccs .nd othcr surcty oblig.rims in pursu.nc. of th6c prEscnis sbdl b€ .. binding upon thc said Comp.ny as tuUy ,nd .mply ro all int nts and purposcs, !s if 6. s.mc hrd bccn duly exccutcd .nd .cknowlcdgcd by it! regul.rly .lcctcd ofEc.6 .t its principal administntiv. officc i. Jsncy City, Nc* JcMy. This Powd of Atromcy is erccutcd by rurhoriry of rEolutioos rdcptcd by ulllrEdrs cor$.rlt oflbc Bo.rd ofDiEcto6 oflbc Coqmy oo Scpt ob.r 15. 201l. uuc a a.arr.rc copi.s oftltrich .,l hcrEinrR.f sd fonh rnd .rc hcrEby cdiificd ro by thc undcrsiSn.d SccErffy rs b.in8 in tull forcc and cffccr: "VOTED, Thrt thc Chrilm!tr of rhc Bo.n4 6c Pr6idc t, or thc Exccutrvc Vicc PrEsidcnt, or my Scdor Vicc PrcsidcDt, of lhc SurEty Busin6s Divisioq or $cn appoint .i dcsign.tcd in *riting and filcd wirh rhc S6rcr.ry, or thc Sccrltlry shrll havc lhc powcr.nd aurhority lo rppoint rgdts .nd .ttomcys-in-fac! and to .uthorizc rhcrn subjcct to thc limitations s.t fordr in ttrcn r6pc.tivc powcrs of attomcy, to dxccutc on bchalf of thc Comprny. and attrch thc s€.I of th. Cornpmy lhcrcro. bonds, undcrt kings, rccoSnizanccs md oih.r surcty oblig.tions obligatory in th. mturc lhc@l ed my such officcrs of lh. Compeny mry sppoint ags s for acccpLnc. of Tlis Poucr of Anomcy is signcd, r.rlcd .nd ccnificd by frcsirnilc undcr od by .ulhority of th. followine r6olution .doptld by lhc uneimous @ns6t of thc Board of Directon of thc Comprny on Sc"tcrnbd 15, 201l: VOTEIT. That rh. siSnatua ofthc Chrinnu ofthc Bo!r4 th. Pr6idcnl, or thc Ex€culivc Vicc Pr6idcn1, or any Scnior Vicc Prlsidcnt, ofthc Sucty Businds Division, d rh.ir.Fpoint..s derignltcd in witing and filcd wirh thc Sccret ry, cnd rhc signrru!. oflhc Sccrctsry, lhc sdl ofthc Comprny, and ccnificltions by lhc Sc.rdary, may bc sffixcd by frcsimilc on rny powcr of attomcy or bond qccut€d pursur'lt to th. !!$lutioD idoplcd by thc Borrd of Dir.ctors on Scprcrnbg 15, 201I, rnd uy such powd s crc.ut.d, s.alcd rnd ctnifi.d witl rcspcct to any bond or undcrt kinS to *hich ii is rnichcd, shall conlinu. lo b€ vdid .nd binding upon lhc Compdy. In T..tino.y Wb.r.o( ric Cornp.ny bis crulcd rhis itrsEumcot ro b. si8Dcd .Dd ilr corpoatc scal !o b. aflircd by thcir authoriz€d ofliccrs, this St!:hf of Ufy, l0!0 Att.sled ind ('ertificd Arch Insunrc. Conprny ]>*,autv \At',t t-n- Patrick K. Na'ls. serclary I, Mich.l. Tripodi, a Notsy Public, do hcrcby ccniry thct Patrick K. Nails and David M. Finkclstcin pqsnally known to rnc to b. th. slmc pcrsons whos. nimcs arc rcspcctivcly s! Sccrctrry erld Er€€utivc Vicc Pr.sidcnt of thc Arch lnlurrncc Compatrn s Corporsbon orgatri2ld rnd cxistiEg undcr lh! liws ofthc SLat of Missouri, subscriu to th. forcgoing iDslrumcDt" !p..rrd bcfoc m. this &y in p6soo !trd scv.mlly &howlcdgcd that thcy bcirS th€rcuto duly iudorizcd signcd, s.alcd with rhc corpordc s€al rnd dclivcrEd thc asid insEumcor .s rhc frc. and volunr.iy .ct of said corpo.rtion and as thcir oum fr!. and voluniary .cts for fic us6 .nd purposd Da\id M. Finlclsl€in. Exccurit. vi.. Prsiddt I. Prticl K. :\rtl. , S.crcriry of thc Arch Insunncc Company, do hcrcby ccniry lhd $. (r,.h.d Porcr of Atrorr.! drlcd !!t]!Llqlo 6 b.half of ll|c p6on(s) as listd .bovc is a .ruc and corr.cl copy and thet th. ssrn. has b€a in tull forcc and .trcct sincc th. dalc th.rcof and is in tull forc! and c{Ic.t on rhc darc of this ccrtificatci and I do tunhsr ccniry that thc s.id David M. Finkclsicin. $4ro cxc€utcd lhc Powcr ofAtromcy as Exccutvc Vic€ PrEsidcnt, was od th. darc of.xccutiod of fi. attlchcd Powcr ofAnomcy thc duly cl€ctcd Erccutivc Vicc Prcsidot ofthc Arch Insuranc. Compdy. -,.,1IN TESTIMoNY wHEREOF. I hsvc hcrcunro subscnbcd my namc and affi\cd d'e corpomrc sc!l ;f $e Arh Insurance Compsy ", rl"s !!Ory o{91tr_.2oll. ,! l. b'otL,{LM CERTIIICATION Parick K. Nails, Sccrctary This Potcr of Attom.y limirs thc acts of thot€ mmci lhcr.in to th. bondr ud undcrtakinSs spccificslly narncd thscrn ed thcy havc no suthonty to bind dtc Compahy crept in thc mrrmcr ed to th. .rt.nt b6cin drlcd. PLEASE SEND ALL CLAIM INQUIRIES Rf,LATING TO THIS BOND TO TIlf, FOLLOWING AI'DR.ESS: Ar.t hflrrrcc - Srrty Divirior J Prrtr.y, SuiL lsoa PtiLddphit, PA ltl02 fo v.tily the outhenticity ol this Powct ol Atloney, pkose contoct Atch lnsu.once Compony dt su.etyAuthentic@archiniurance,aom Pleose rclet to the obove noned Altomey-in-Foct dnd the deaoitt ol the bond to which the poeet b dttoched. ,tA( Itn lbrorrl f,Iu llt(E, xc4 iaat qrt,ot^lt ta^ltm Ibrord o € AtcPoA040120 Printed in U.S.A. STATE OF Pf,NNS'T.LVAT-IA SS COTTNTY OF PHILADELPHIA SS l(a.tzj.-- Michclc Tnpodi, Notary Publc My .ommision .xpir6 07 3l/1021 16.A.8.b Packet Pg. 460 Attachment: Bond Basis (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 16.A.8.c Packet Pg. 461 Attachment: Resolution (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 16.A.8.d Packet Pg. 462 Attachment: Plat Map (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 16.A.8.d Packet Pg. 463 Attachment: Plat Map (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 16.A.8.d Packet Pg. 464 Attachment: Plat Map (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 16.A.8.d Packet Pg. 465 Attachment: Plat Map (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 16.A.8.d Packet Pg. 466 Attachment: Plat Map (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3") 16.A.8.d Packet Pg. 467 Attachment: Plat Map (23404 : Final Acceptance - Esplanade Golf and Country of Naples Phase 3 Blocks "K1", "K2" and "H3")