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Backup Documents 10/11/2022 Item #16A7 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP 1 6A TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. The completed routing slip and original documents are to be forwarded to the Counts Attorney Office at the lime the item is placed on the agenda. All completed routing slips and original documents must he received in the('ounh Allorney(Mice no later than Dlonday preceding the Hoard meeting. **NEW** ROUTING SLIP Complete routing lines tl1 through 112 as appropriate for additional signatures,dates,and/or information needed. If the document is already complete with the exception of the Chairman's signature,draw a line through routing lines#I through#2,complete the checklist,and forward to the County Attorney Office. Route to Addressee(s) (List in routing order) Office Initials Date 1. 3. County Attorney Office County Attorney Office '51) LZ' LZ 4. BCC Office Board of County Commissioners tun 1 ,/19// I j/'Za/22- 5. Minutes and Records Clerk of Court's Office MA) Itt2 2 C-may PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above,may need to contact staff for additional or missing information. Name of Primary Staff Lucia S. Martin Phone Number x-2279 Contact/ Department Agenda Date Item was 10/11/2022 Agenda Item Number 16.A.7 Approved by the BCC Type of Document Plat Number of Original Attached Documents Attached PO number or account number if document is to be recorded INSTRUCTIONS & CHECKLIST Initial the Yes column or mark"N/A"in the Not Applicable column,whichever is Yes N/A (Not appropriate. (Initial) Applicable) 1. Does the document require the chairman's original signature? LM 2. Does the document need to be sent to another agency for additional signatures? If yes, N/A provide the Contact Information (Name;Agency;Address; Phone)on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman,with the exception of most letters,must be reviewed and signed by the Office of the County Attorney. LM 4. All handwritten strike-through and revisions have been initialed by the County Attorney's N/A Office and all other parties except the BCC Chairman and the Clerk to the Board 5. The Chairman's signature line date has been entered as the date of BCC approval of the LM document or the final negotiated contract date whichever is applicable. 6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's LM signature and initials are required. 7. In most cases(some contracts are an exception),the original document and this routing slip should be provided to the County Attorney Office at the time the item is input into SIRE. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on 10/11/2022 and all changes made /A is not during the meeting have been incorporated in the attached document. The County n option for Attorney's Office has reviewed the changes,if applicable. this line. 9. Initials of attorney verifying that the attached document is the version approved by the Q s/A is not BCC, all changes directed by the BCC have been made, and the document is ready for the op/ �r;option for Chairman's signature. e. I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05;Revised 11/30/12 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP 1 6A 7 TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. 'I'hc completed routing slip and original documents are to he forwarded to the County Attorne)Office al the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Atlorno Office no later than '1onday preceding the Board meeting. **NEW** ROUTING SLIP Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. If the document is already complLle with the exception of the Chairman's signature,draw a line through routing lines#I through#2,complete the checklist,and forward to the County Attorney Office. Route to Addressee(s) (List in routing order) Office Initials Date , 2. 3. County Attorney Office County Attorney Office DJ P lI (LZ(ZZ 4. BCC Office Board of County Commissioners (rn ,irfr fr/ 0A/29 5. Minutes and Records Clerk of Court's Office PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above,may need to contact staff for additional or missing information. Name of Primary Staff Lucia S. Martin Phone Number x-2279 Contact/ Department Agenda Date Item was 10/11/2022 Agenda Item Number 16.A.7 Approved by the BCC Type of Document Bond, Maintenance Agreement Number of Original 2 Attached Documents Attached PO number or account number if document is to be recorded INSTRUCTIONS & CHECKLIST Initial the Yes column or mark"N/A" in the Not Applicable column,whichever is Yes N/A (Not appropriate. (Initial) Applicable) 1. Does the document require the chairman's original signature? LM 2. Does the document need to be sent to another agency for additional signatures? If yes, N/A provide the Contact Information (Name;Agency;Address; Phone)on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman,with the exception of most letters,must be reviewed and signed by the Office of the County Attorney. LM 4. All handwritten strike-through and revisions have been initialed by the County Attorney's N/A Office and all other parties except the BCC Chairman and the Clerk to the Board 5. The Chairman's signature line date has been entered as the date of BCC approval of the LM document or the final negotiated contract date whichever is applicable. 6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's LM signature and initials are required. 7. In most cases(some contracts are an exception),the original document and this routing slip should be provided to the County Attorney Office at the time the item is input into SIRE. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on 10/11/22,and all changes made during n w F= the meeting have been incorporated in the attached document. The County Attorney's Office has reviewed the changes,if applicable. 9. Initials of attorney verifying that the attached document is the version approved by the p BCC,all changes directed by the BCC have been made,and the document is ready for the Chairman's signature. v I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05;Revised 11/30/12 1 6A 7 CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS entered into this day of OJobb; 2022 between Lennar Homes, LLC and KLLB AIV, LLC, hereinafter referred to as "Developer," and the Board of County Commissioners of Collier County, Florida, hereinafter referred to as the "Board." RECITALS: A. Developer has, simultaneously with the delivery of this Agreement, applied for the approval by the Board of a certain plat of a subdivision to be known as: Groves at Orange Blossom Phase 3. B. Chapters 4 and 10 of the Collier County Land Development Code requires the Developer to post appropriate guarantees for the construction of the improvements required by said subdivision regulations, said guarantees to be incorporated in a bonded agreement for the construction of the required improvements. NOW, THEREFORE, in consideration of the foregoing premises and mutual covenants hereinafter set forth, Developer and the Board do hereby covenant and agree as follows: 1. Developer will cause to be constructed: the required subdivision improvements as indicated on the opinion of probable cost prepared by Barraco and Associates, Inc. (attached hereto as Exhibit "C") within 24 months from the date of approval of said subdivision plat, said improvements hereinafter referred to as the required improvements. 2. Developer herewith tenders its subdivision performance security(attached hereto as Exhibit"A" and by reference made a part hereof) in the amount of 52,758,860.50 which amount represents 10% of the total contract cost to complete construction plus 100% of the estimate cost of to complete the required improvements at the date of this Agreement. 3. In the event of default by the Developer or failure of the Developer to complete such improvements within the time required by the Land Development Code,Collier County,may call upon the subdivision performance security to insure satisfactory completion of the required improvements. 4. The required improvements shall not be considered complete until a statement of substantial completion by Developer's engineer along with the final project records have been furnished to be reviewed and approved by the County Manager or designee for compliance with the Collier County Land Development Code. 5. The County Manager or designee shall,within sixty(60)days of receipt of the statement of substantial completion,either:a) notify the Developer in writing of his preliminary approval of the improvements; or b) notify the Developer in writing of his refusal to approve improvements, therewith specifying those conditions which the Developer must fulfill in order to obtain the County Manager's approval of the improvements. However, in no event shall the County Manager or designee refuse preliminary approval of the improvements if they are in fact constructed and submitted for approval in accordance with the requirements of this Agreement. [21-EIs-04469/1686591/1] Page 1 of 4 1 6A 7 6. The Developer shall maintain all required improvements for a minimum period of one year after preliminary approval by the County Manager or designee. After the one year maintenance period by the Developer has terminated, the Developer shall petition the County Manager or designee to inspect the required improvements.The County Manager or designee shall inspect the improvements and, if found to be still in compliance with the Collier County Land Development Code as reflected by final approval by the Board,the Board shall release the remaining 10%of the subdivision performance security.The Developer's responsibility for maintenance of the required improvements shall continue unless or until the Board accepts maintenance responsibility for and by the County. 7. Six (6) months after the execution of this Agreement and once within every six (6) months thereafter the Developer may request the County Manager or designee to reduce the dollar amount of the subdivision performance security on the basis of work complete. Each request for a reduction in the dollar amount of the subdivision performance security shall be accompanied by a statement of substantial completion by the Developer's engineer together with the project records necessary for review by the County Manager or designee. The County Manager or designee may grant the request for a reduction in the amount of the subdivision performance security for the improvements completed as of the date of the request. 8. In the event the Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure, the County Manager or designee may call upon the subdivision performance security to secure satisfactory completion, repair and maintenance of the required improvements. The Board shall have the right to construct and maintain, or cause to be constructed or maintained, pursuant to public advertisement and receipt and acceptance of bids, the improvements required herein. The Developer, as principal under the subdivision performance security, shall be liable to pay and to indemnify the Board, upon completion of such construction,the final total cost to the Board thereof, including, but not limited to, engineering, legal and contingent costs, together with any damages, either direct or consequential, which the Board may sustain on account of the failure of the Developer to fulfill all of the provisions of this Agreement. 9. All of the terms, covenants and conditions herein contained are and shall be binding upon the Developer and the respective successors and assigns of the Developer. [Space Intentionally Left Blank] [21-EIS-04469/1686591/1] Page 2 of 4 16A ? IN WITNESS WHEREOF,the Board and the Developer have caused this Agreement to be executed by their duly authorized representatives this day of 'otl)E022. i SignedtP sense of• AS TO DEVELOPER: Witness I•`#1 Signatur hex : 6 1 Lennar Homes, LLC Witness#1 Printed Name By: IL 1_4.,-' Darin McMurray,Vice President Witness#2 Signature Evidence of signing authority attached hereto as Exhibit "B" Witness#2 Printed Name [Additional Signature Page Follows] [21-EIS-04469/1686591/1] Page 3 of 4 16A 7 Signed in the Presence of: LNG Witness#1 Signature AS TO DEVELOPER: KLLB AIV, LLC to tit Fitrttsi Witness#1 Printed Name 0" Ryan Mott,Authorized Signatory ness#2 Sign e Evidence of signing authority attached hereto 5•11S3 to/46—Yr•-•3 1Ne% as Exhibit"B" Witness#2 Printed Name AS TO BOARD: ATTEST: BOARD OF COUNTY COMMISSIONERS CRYSTAL K. KINZEL, CLERK COLLIER COUNT • • • 61) A, Attest as to ChairmAn't : De Clerk Willi ' L. McDaniel,Jr., Chairman • wippfin only. Approved as to form and legality: Derek D. Perry Assistant County Attorney [21-EIS-04469/1686591/1] Page 4 of 4 16A7 EXHIBIT "A" [DEA- T,Yur'Gnt.J'ARA NTY,AND HA:GC E P T ANC E O RP scs.trv,i-avictre L A'G 0 0 N.-434C1 V Et ‘' T.H FLOOR VV'EIFT-;01 CPA:, ',,• •„ 77,:(I"C;7••`,,F ",:sirvil Am 1 , F vo16 3 6 • •CCF,- PRONE ( 3 0,595.5.3-.87.2.4 • • • i• r‘. CEP P • IRREVOCABLE STANDBY LETTER OF CREDIT NO.FGAC-22557 Fir,E1 Glitsw,,.‘,I C;FP ACCr(,(‘‘,zr, ISSUER: FIDELITY GUARANTY AND ACCEPTANCE CORP.(HEREINAFTER"ISSUER") 5505 BLUE LAGOON DRIVE;7TH FLOOR WEST MIANH,FL 33126 PHONE(786)257-4353 , , , , • .: • CAN DATE OF ISSUE: OCTOBER 13,2022 PLACE OF EXPIRY: AT ISSUER'S COUNTERS LOCATED AT 5505 BLUE LAGOON DRIVE, 7TH FLOOR 't WEST,MIAMI,FL 33126 . , DATE OF EXPIRY: THIS CREDIT SHALL BE VALID UNTIL OCTOBER 13, 2023, AND SHALL - • THEREAFTER BE AUTOMATICALLY RENEWED FOR SUCCESSIVE ONE-YEAR PERIODS ON THE ANNIVERSARY OF THE ISSUE UNLESS AT LEAST SIXTY (60) FI:••:,.t Y 'TY,••,! DAYS PRIOR TO ANY SUCH ANNIVERSARY DATE, THE ISSUER NOTIFIES THE , * 1AP BENEFICIARY IN VVRITING-Tet REGISTERED MAIL THATTHEISSUER EttersSIOT 'IL-)" (; `' TO RENEW THIS CREDIT. ' '• •-• ." .-• 1 APPLICANT: ,LW1, LENNAR HOMES,LLC(HEREINAFTER"DEVELOPER") • 10481 SIX MILE CYPRESSRARKWAY, FORT MYERS,FL 33966 ot:! re-• ACC: -of P", -""• • •i • ; BENEFICIARY: THE BOARD OF COUNTY COMMISSIONERS,COLLIER COUNTY,FLORIDA I ' • ' (HEREINAFTER"BENEFICIARY") IL)''Ll C'IJAP•''''' '‘C( C/O GROWTH MANAGEMENT DEPARTMENT 3 1.‘ `•l•• 1••2,I • " ",•'f•",C,C,t r'r•'••, 2800 NORTH HORSESHOE DRIVE,,,.t... • coRr ‘, (:,i• ,, (-,J, ACC: • NAPLES,FL 34104 'Al P' i\c;C:7P- ,710L-LIT"" ",,10 qpnirY "AMP UP TO AN AGGREGATE AMOUNT OF $2,758,860.50 (TWO MILLION SEVEN C• IIMT; HUNDRED FIFTY-EIGHT THOUSAND EIGHT HUNDRED SIXTY AND 50/100 US iry ,•\,•!!‘, ft,t, n',•• DOLLARS) •;F 0c,"•,•41, IF•(2, ",mr, 10'1, I kt,IGE , „ DELL I:3,.%ArARE;34)1,Cr3;:t,1" ;3c-'--': INFRASTRUCTURE CONSTRUCTION 1,'' ' ,-v ,• P F,rr• PROJECT NAME:GROVES AT ORANGE BLOSSOM Rit40.5E. 1,,,f•-1 I, ,;! , , ••-1 •-,• ,.91fETHIT,AVAILABLE I 0, '„,"3 t I WITH: ISSUER FOC;;TY Gli,:1:3.'T,,,,,D,,CA37PTA, ,,ACCEP".1,-4C31 007,P 1=1„:2A Gcnp ' ID°'('( PAYMENT AGAINST'DOCUMENT'S DETAILED HEREIN' AND `BENEFICIARY'S GE Ce''' DRAFTS AT SIGHT DRAWNON THE ISSUER. • F.IDEu-1.- .• • CCC P-0E1 1, "(xt; IrEt iTyç DOCUMThiTS(.:REQUIRED: AVAILABLE BY BENEFICIARY'S DRAFT(S) AT SIGHT DIRAwN.,QN Tikk ISSME ,,,,,, AND PRESEIITED AT PLACE OF EXPIRY ACCOMPANIED BY BENEFICIARY'S STATEMENT PURPORTEDLY MANUALLY SIGNED AND DATED BY THE COUNTY MANAGER,OR HIS DESIGNEE,CERTIFYING THAT: "PELT, 0‘ A. "(I)DEVELOPER HAS FAILED TO CONSTRUCT AND/OR MAINTAIN THE IMPIWITEMENTS ASSOCIATED rIPELITCC' ' WITIITHAT CERTAIN PLAT OF A SUBDIVISION KNOWN AS"GROVES AT ORANGE BLOSSOMTIFASE 3 ,t:AAS REQUIRED BY COLLIER COUNTY.ORDINANCES.AND RESOLUTIONS(THE "LAND DEVELOPMENT ILIAC. GLAR.„,n••• •,,REGULATIONS"); (II)DEVELOPER HAS,BEEN GIVEN WRITTEN NOTICF.J).t5CRIBING THE EVENT OR CONDITION OF SUCH DEFAULT IN REASONABLE DETAIL BY CERTIETED-MAIL, RETURN RECEIPT REQUESTED;AND (III)THE DEFAULT HAS NOT BEEN CURED WITHIN THE CURE PERIOD PROVIDED FOR THEREIN,IF ANY."; Pieet ••,' 1-10, OR FIDE: I!II C B. "A FINAL INSPECTION OF THE IMPROVEMENTS FOR GROVES AT ORANGE BLOSSOM PHASE 3 AS REQUIRED BY COLLIER COUNTY ORDINANCES AND RESOLUTIONS (THE "LAND DEVELOPMENT REGULATIONS")SATISFACTORY TO COLLIER COUNTY HAS NOT BEEN PERFORMED PRIOR TO THE DATE OF EXPIRY, AND A SATISFACTORY ALTERNATIVE PERFORMANCE SECURITY HAS NOT BEEN PROVIDED TO AND ACCEPTED BY THE BENEFICIARY." TV i,3A1F-,'FID,EcttTY0,,GUARAN,TY ANDACCEPTANCE. CORP ,7 NO.O.FOTN VLE; 7.T FLOOR Ai;c, "IDEt Acc.7;71.\”icji !"1E)r,H1' 1 A M I , FLORLDA: '3 3 1 2 6- IT? I „.1(,, 'OP HC: ‘,J FHONE ( 3 05-,),,S.i54, 8 7 2 4 •„,„ 1! THIS IS AN INTEGRAL PART OF LETTER OF CREDIT NO.FGAC-22557 PA E 2 DRAFT(S) DRAWN UNDER THIS LETTER OF CREDIT SHALL,BE MARKED: "DRAWN 'UNDER'FIDELITY • GUARANTY AND ACCEPTANCE CORP.CREDIT NO.FGAC-22557,DATED OCTOBER 13,12022"AND MUST , • ACCOMPANIED BY THIS ORIGINAL LETTER OF CREDIT AND ALL ORIGINAL AMENDMENTS,IF ANY,FOR PROPER ENDORSEMENT. THIS LETTER OF CREDIT SETS FORTH IN FULL THE TERMS OF THE ISSUER'S UNDERTAKING,AND SUCH UNDERTAKING'SHALL NOT IN ANY WAY BE MODIFIED,'AMENDED, OR AMPLIFIED BY'REF'ERENCE TO ANY DOCUMENT;INSTRUMENT,'-'0R AGREEMENT REFERENCED TO HEREIN OR IN WHICH THIS LETTER OF CREDIT RELATES;AND ANY SUCH REFERENCE SHALL NOT BE DEEMED TO INCORPORATE HEREIN BY , .REFERENCE ANY DOCUMENT,INSTRUMENT OR AGREENWN'T, C,U,44A, .1 .,14XRHEREBY ENGAGES WITH BENEFICIARY TIT9I2AFT(S) DRAWN UNDER AND,IN COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS CREDIT WILL DULY HONORED BY ISSUEit IF PRESENTED WiiiiINTHE VALIDITY OF THIS CREDIT TOGETlifiti'WITH THE DOCUMENTS REQVIREHITEREINATTHE PLACE OF EXPIRY PRIOR TO 4:00 P.M.EST.ON OR PRIOR TO THE DATE OF EXPIRY.PRESENTATIONS MAY BE MADE BY CERTIFIED OR REGISTERED MAIL,RETURN RECEIPT REQUESTED OR BY FEDERAL EXPRESS OR ANY,OTHERNATIONALLY RECOGNIZED COURIER COMPANY. , . . . THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS(2007 „ REVISION)INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO.600. POET 1.CC::P Cc.".;'".P PIDI;110"."(APR: , Elf-Xj V' ':'''''APAFIDELITYGUARANTY AND ACCEPTANCE CORP.'1P FI:ELITY ,',C.,."..;EP;AEiCC,CORP i' A 0 i';(";:::.P FII.)ELITY GU, , .1D FE1"1. ' Y ACCH0 it,NCSL CORP:'IDEL!,', !:11)Ei GUAR: EIDE1.10.'GUAR' A':1'.CE:"TAr'CF C;,00.P.1D2LITY Y 0017.1.1- ‘ :DOLT,-;',,tCE FI02LI f:OLD' 7, ' COPE.1L10..0 (7/Ai7;, ACCEP T.A1-;;E:.CORP FIDEL I TY CU P j L N GC.)RP FIDELITY ! Y ‘NC)ACCEP F..,LE CORP Eli)E1 I FY CUAR Y ."..CCEP OR-'E OUZ ,VICE PRESIDENT FIDEI Fr.'GU, EEC- .CEL1-1,NCE COI-'11:::ELITE GU,%Pi 'D.ACC l';Nca CCAP el'fIGH'rCE CO' Fli."EOTY GUAriAE'Th" LLi, OC,AR FIDE IT.'GUAIANT'.' AC;CF.7 fimV1;F:"C;ORR , 1 AccE:F- FIDEL'F' AHD,CCEP IA°01:CORP ACC2PTANCE 7IDELITY GUAR. ki,X,E77Ac'C'T ',Y ,',CCEPTI.E.;OE 10F1.1"0/GUARArr,' T.,E,CF CORP .,CCEPT:".iNICE.CORP'11:,,ELITV GL'."11,^fl ',OCEP1 V.ICE COEP FI11E1 1.17 RAO '1).',C,..:::EPT,ACE ccriP F-tfkulV '1 (7.021,FIDEt.11,'GI)," 'TY%AD PLCEPTAE'CE CORP ITV GUAR,'TY ACCEPTrE,CE CORP 1,0.1 Y GUAR'.,'!`r' \NO 'CE CO''W FIDEI (=.1.)Ar.....,TY All). Y .kCCEPTAE'OE FIDELIT"(=UAW: ACCEPTrkr!CE CORP FIDEL IT, Ai-:0 ACCEPTANCE COP,' nocur,' ACCEPTAi;K,E Cop-FICEI. GI./ARAM"' ACC.:.PTAN(.',E COPE CAJAP,A.' ACCEPTANCE((CAP FiE;EI Pill ACCEP'Aria. ;09P ill;;;71..11Y GUAR., ;HD.r..C.Orr.P CO22::PELITY I CORP 7:2LI `,ND ACCEPTAi 004P FCC"!Fr! 1 Y 'CE COR'' EIDEL11':PULP.. ,.10 ACCEPTANCE CO0E r PT:.mr.).,ocEPTA,icE.7;07.E.'10.El.I A:4) FANC.',E ,11:.ELITY AO'C'ICCEPIAliCE CAPE'IDL1 IT'. GUARPe ACCEPT-ICE ,V;CEPThoIC,E 'I?ACCEP.f FripH n Go,RA, ,y 'LI) ,C)P.P 'FY,v40 ACCERTACE CORP'IDELITY V 'ND ACCEPIAET;E:CORE FIDEI. Y CORP C,LJAR,4,T," ,'D cori,7AD‘asin.. R 'D:.CCE2rki,'CE 17 GU ,", 'CE CCF.P FIDEL11- Citi.‘P.Ar'i IL,,..CC::072o.!CL COP" 'ILDFLIFY I Y CORP F"107,-1,17,'GUAR,,,IT ;.CCEPT7.,Ik:,E CORP,-10,LLITY GuArAr OIL)ACCEPT,".,'CE CC:4''1';41.,ITY Y AMC: OORP i Y CCT.PTi.NCE COPE Era ITY C-LIAEit•' kt..:0 ACCEPT.CCE COAP 71DELITY Y non VCCCF t",.1'CE CORP NDELIEY CUAR: CF:CORP EI1101 i n "re EICa.IV,'GO',,'" ; PCCE7E-,01C,F.CORE : 'D ACCEr CrAP FC21..1"i-V ,,,,T).'.r1;CE.PTAIZE.GC'riP "'UR;i,'GO',R$A,'ITY ACC;PTI., Al ACCEPT,, COLIC- SU,TA,4'‘7" ACCE2 (.GIP '0,,E CORP FIDEL'A 2,...,1'0:"I'D f ODE:P C00P `7, CC'EET,.CCE,COE.?FDELl'IN•31,;„Ft .Y 'D 1- ;-[:T C,OHP HDE1.1.1 C-1 r'D CORP II'ELP ,".,.'D C;e'r.IP HCE..:1 IT ,C."..,EP 4:E•(;01"-iP Ill. ; ACC E'CE CORP rrICa Y , 11 ^,t4D I '7".1 C.C) 0071.Iry Y C,00:" i •, T.Ar,CE FIDE!, ,'; ,.;079 DEL!LY 71,l. is,. r:-•‘ A, 1)Acccr-r, :; 'i:) 1;',1',1!r: E 'ICED RR IT GI.JAR„ '0 ACCE:77,s., C05.' C41.I!,- V rA: COP? A,;;)V:n7,i317, rIDELITY ' CP ICH l.":30'4 ' CE 1'))'COP o!CE -11,a) ' H01.1 I , GuArAH-, 1027/W ACCF.:77;,o10E CO 1P F0.,ELIT'.' 'T' ' ;Y Y . "4= 16A 7 EXHIBIT "B" INSTR 5311144 OR 5312 PG 3583 RECORDED 9/12/2016 2:49 PM PAGES 2 1 64 7 DWIGHT E. BROCK, CLERK OF THE CIRCUIT COURT, COLLIER COUNTY FLORIDA REC 318.50 CERTIFICATE OF ASSISTANT SECRETARY OF • LENNAR HOMES, LLC AUGUST 29,2016 I. Grace Santaella. a duly elected, qualified and acting Assistant Secretary of Lennar Homes,LLC,a Florida limited liability company (the'•Company'.).hereby certify that: 2. DARIN MCMURRAY is a dub elected Vice President of the Company. serving continuously in such capacity since his election on July 23.2001_ 3. The following resolutions were duly adopted by U.S. Home Corporation, a Delaware corporation, as the Managing Member of the Company on November 30. 2006. have not been amended or rescinded.and remain in full force and effect: RESOLVED. that all subdivision development agreements. subcontractor agreements. bond agreements. utility • agreements. permitting applications. purchase and sale contracts. lease agreements. deeds. mortgages. including satisfactions, releases and assignments of mortgages. releases and satisfactions of judgments. affidavits and any and all other instruments and documents in connection with development and homehuilding operations necessary in or which pertain to the business of the Company. shall be executed and acknowledged on behalf of the Company by the Chief Executive Officer. President, Chief Operating Officer or any Vice President of the Company and the execution and delivery of any such documents by such officer shall be considered evidence of the Company's approval of the specific transaction and of the authority of such officer to execute. acknowledge and deliver such papers in connection therewith. RESOLVED. that the Chief Executive Officer. President. Chief Operating Officer and Vice Presidents of the Company. and each of them. he. and each hereby is, authorized, empowered and directed to take all such further action and to execute and deliver all such further agreements. instruments and other documents in the name and on behalf of the Company. and to pay any and all such expenses and taxes. as in such officer's or officers' sole and absolute judgment shall be deemed to be necessary, proper or advisable in order to fully earn out the intent and accomplish the purposes of the foregoing resolutions. and each of them. and the transactions contemplated thereby: RESOLVED. that the taking of any action or the execution and delivery of any document authorized by the foregoing OR 5312 PG 3584 *** 1 'A resolutions, and each of them. in the name and on behalf of the Company by its Chief Executive Officer. its President, its Chief Operating Officer or any Vice President thereof be deemed. and it hereby is authorized and empowered to he deemed. conclusive proof of the approval thereof by.the member of the Company: AND. RESOLVED. that the authorities hereby conferred shall be deemed retroactive. and any and all acts authorized herein that were performed prior to the passage of these resolutions he. and they hereby are.approved.ratified and confirmed. IN WITNESS WHEREOF. the undersigned has executed this Certificate of Assistant Secretary on behalf of the Company as of the date first written above. LENNAR HOMES. LLC,a Florida limited liability company, By: /, race Santa- a. Assi; ni Secretary STATE OF FLORIDA COUNTY OF MIAMI-DADE. Sworn to and subscribed before me this 29th day of August 2016. by Grace Santaella,as an Assistant Secretary of Lennar Homes. LLC. a Florida limited liability company. She is personally known to me and did not take an oath. a.. LAURAM XWELL NOTARY PUBLIC '....i Aft COMMISSiCN t FF mon EXPIRES:October 2'::2017 State of Florida 16A KENNEDY LEWIS INVESTMENT MANAGEMENT I,Anthony Pasqua, Managing Partner of Kennedy Lewis Investment Holdings II LLC,the controlling entity of Kennedy Lewis GP II LLC and Kennedy Lewis GP III LLC, the controlling entities of the entities listed in the Appendix(the "Entities") do hereby certify and represent as of January 26, 2022 that: The following individual(s) is/are duly authorized to act as agent for the Entities for the following purposes: signing and executing memorandum of options, specialty warranty deeds, bill of sale and general assignment, option agreements, construction agreements, purchase agreements, notice of termination of option and quitclaim, and anything else in the normal course as it relates to investments within the Entities.The Entities have taken all necessary corporate action to authorize the following person(s), identified by name and specimen signature below,to act as authorized officer(s) empowered by it to individually take any of the foregoing actions on behalf of the Entities. Such persons are duly authorized officers of the Entities holding the respective office(s) or title(s) set forth opposite the names below.The signatures set forth below, opposite the respective name(s), are true and genuine signatures. This certification supersedes all prior authorization, power of attorney or certification; it will remain in effect and fully binding until further notice. The power to represent the Entities as above provided may not be further delegated. NAME TITLE SPECIMEN SIGNATURE Ryan Mott Authorized Signatory IN WITNESS WHEREOF, I have hereunto affixed my signature,this day of January 26, 2022 Anthony Pasqua Managing Partner 164 7 KENNEDY LEWIS . INVESTMENT MANAGEMENT APPENDIX KL LHB AIV LLC KL LHB CHP AIV LLC KL LHB PHL AIV LLC KL LHB DSD AIV LLC KL LHB AZ AIV LLC KLLB AIV LLC KL LHB3 AIV LLC 16A 7 EXHIBIT "C" 16A 7 Barraco www.barraco.net and Associates, Inc. Civil Engineers, Land Surveyors and Planners ENGINEER'S OPINION OF PROBABLE COST for the construction of GROVES AT ORANGE BLOSSOM PHASE 3 March 15, 2022 ITEM UNIT NO. DESCRIPTION QUANTITY UNIT PRICE AMOUNT I. EARTHWORK 110-1 Erosion Control 1 LS $8,000.00 $8,000.00 110-2 Silt Fence 5,133 LF $2.00 $10,266.00 120-1 Finish Grading 1 LS $15,000.00 $15,000.00 120-2 Clearing and Grubbing 26.8 AC $2,500.00 $67,000.00 775-1 Seed and Mulch 70,325 SY $0.40 $28,130.00 SUB-TOTAL $128,396.00 II. ROADWAY 160-1 Type"B"Stabilization(12") 13,975 SY $2.50 $34,937.50 200-1 Limerock Base w/Prime Coat(6") 11,335 SY $9.00 $102,015.00 331-1 Asphalt Concrete Type S-III 3/4" (1st lift) 11,528 SY $5.00 $57,640.00 331-2 Asphalt Concrete Type S-III 3/4" (2nd lift) 11,528 SY $5.00 $57,640.00 520-1 Valley Gutter(2'Wide) 7,964 LF $9.50 $75,658.00 52o-2 Valley Gutter(3'Wide) 75 LF $30.00 $2,250.00 52o-3 2'Ribbon Curb 96 LF $30.00 $2,880.00 52o-4 Type"F"Curb 356 LF $15.00 $5,340.00 52o-5 Type"A"Curb 130 LF $14.00 $1,820.00 52o-6 Type"D"Curb 277 LF $15.00 $4,155.00 522-1 4"Concrete Sidewalk 4,676 SY $35.00 $163,660.00 522-2 ADA Detectable Warning 37 EA $350.00 $12,950.00 575-1 Sodding(Roadway and Lakes) 12,067 SY $2.50 $30,167.50 1 16A7 ITEM UNIT NO. DESCRIPTION QUANTITY UNIT PRICE AMOUNT Too-i Signing and Pavement Markings 1 LS $10,000.00 $10,000.00 715-1 Street Lights 44 EA $500.00 $22,000.00 SUB-TOTAL: $583,113.00 III. DRAINAGE 425-1 Valley Gutter Inlet 28 EA $4,250.00 $119,000.00 425-2 Type"C"Inlet 14 EA $3,300.00 $46,200.00 425-3 Junction Box 7 EA $4,500.00 $31,500.00 425-4 18"Endwall 1 EA $1,600.00 $1,600.00 425-5 24"Endwall 1 EA $2,000.00 $2,000.00 425-6 3o" Endwall 4 EA $3,000.00 $12,000.00 425-7 36"Endwall 3 EA $4,500.00 $13,500.00 430-1 18"RCP Storm Sewer 1,396 LF $45.00 $62,820.00 430-2 24"RCP Storm Sewer 1,093 LF $70.00 $76,510.00 430-3 30"RCP Storm Sewer 476 LF $95.00 $45,220.00 430-4 36"RCP Storm Sewer 66o LF $130.00 $85,800.00 440-1 8"ADS Pipe 665 LF $17.00 $11,305.00 440-2 12"ADS Pipe 1,086 LF $25.00 $27,150.00 440-3 ADS Rear Yard Inlets 17 EA $1,200.00 $20,400.00 SUB-TOTAL: $555,005.00 IV. WATERLINE AND ACCESSORIES A. 8"DR-18 PVC Watermain 3,928 LF $32.00 $125,696.00 B. 8"DR-14 PVC Watermain 358 LF $45.00 $16,110.00 C. 8"Gate Valve 19 EA $2,000.00 $38,000.00 D. Fire Hydrant Assembly 14 EA $5,000.00 $70,000.00 E. Single Water Services 56 EA $800.00 $44,800.00 F. Double Water Services 104 EA $1,200.00 $124,800.00 2 i6A 7 ITEM UNIT NO. DESCRIPTION QUANTITY UNIT PRICE AMOUNT G. Auto Flushing Device 1 EA $9,500.00 $9,500.00 H. Permanent Bacterial Sample Point 1 EA $1,800.00 $1,800.00 I. Temporary Bacterial Sample Point 3 EA $1,800.00 $5,400.00 J. Connect to Existing Watermain 2 EA $4,000.00 $8,000.00 SUB-TOTAL: $444,106.00 V. SEWER SYSTEM A. 8"SDR 26 Sanitary Sewer 3,925 LF $6o.00 $235,500.00 B. 4'Sanitary Manhole 15 EA $7,700.00 $115,500.00 C. 6"Double Sewer Service 132 EA $1,100.00 $145,200.00 D. Connect to Existing Manhole 1 EA $2,100.00 $2,100.00 SUB-TOTAL: $498,300.00 VI. LANDSCAPING A. Shady Lady Black Olive 3 EA $500.00 $1,500.00 B. Gumbo Limbo 8 EA $424.75 $3,398.00 C. Buttonwood 11 EA $447.00 $4,917.00 D. Silver Buttonwood 6 EA $350.00 $2,100.00 E. Slash Pine 133 EA $300.00 $39,900.00 F. Southern Live Oak 195 EA $350.00 $68,250.00 G. Florida Royal Palm 15 EA $1,000.00 $15,000.00 H. Cabbage Palmetto 46 EA $250.00 $11,500.00 I. Foxtail Palm 12 EA $700.00 $8,400.00 J. Coco Plum 634 EA $12.00 $7,608.00 K. Small Leaf Clusia(24"ht.) 422 EA $59.00 $24,898.00 L. Small Leaf Clusia(5'ht.) 148 EA $75.00 $11,100.00 M. Dwarf Firebush 21 EA $15.00 $315.00 N. Nora Grant Pink Ixora 38 EA $12.00 $456.00 3 1 6A 7 ITEM UNIT NO. DESCRIPTION QUANTITY UNIT PRICE AMOUNT O. Trinette Variegated Schefflera 3o EA $12.00 $360.00 P. Fakahatchee Grass 247 EA $12.00 $2,964.00 Q. Sandankwa Viburnum 1,351 EA $47•00 $63,497.00 R. Swamp Lily 507 EA $2.00 $1,014.00 S. Saltgrass 507 EA $2.00 $1,014.00 T. Pink Muhly Grass 507 EA $2.00 $1,014.00 U. Pickerel Weed 254 EA $2.00 $508.00 V. Sand Cordgrass 254 EA $2.00 $508.00 W. Fire Flag 507 EA $2.00 $1,014.00 SUB-TOTAL: $271,235.00 VII. IRRIGATION SYSTEM A. Buffer Irrigation 55,80o SF $0.50 $27,900.00 SUB-TOTAL: $27,900.00 TOTAL: $2,508,055.00 10%BOND TOTAL: $250,805.50 BOND TOTAL: $2,758,860.50 Estimated Date of Completion: 12/2023 Barraco and Associates, Inc. 2271 McGregor Boulevard, Suite too Fort Myers, FL 33901 Certificate of Authorization No. 7995 _ �,,-,• -GEli,z ,ti,� �s No.38536 `s sk i 1 * =.D SI •* - r STATE F +.4.., C"`— - _ `r•. , .t{r r Carl AJa` aeo,,F, 1":',.'''',. ��� Florida P m ��, For the Firm `' � Pages 1-4 4