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Agenda 09/12/2023 Item #16A 9 (Release performance bond for Maple Ridge at Ava Maria 7A)09/12/2023 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond of $144,735.60, which was posted as a guarantee for Excavation Permit Number PL20210000486 for work associated with Maple Ridge at Ave Maria 7A. OBJECTIVE: To release security that was posted as a development guarantee. CONSIDERATIONS: The Development Review Division routinely accepts securities administratively as guaranties for developer commitments in accordance with Section 22-115 of the Collier County Code of Ordinances. The work associated with this security has been inspected, and the developer has fulfilled his commitments with respect to this security. The Performance Bond was posted as security for an Excavation Permit associated with Maple Ridge at Ave Maria 7A. The As-Built lake cross sections were received and inspected on July 26, 2023, by the Development Review Division. FISCAL IMPACT: Performance Bond securities are held as a development guarantee and released after work is performed. GROWTH MANAGEMENT IMPACT: No growth management impact is 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 authorize the Clerk of Courts to release the Performance Bond for $144,735.60. Development Review staff 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, Project Manager I, Development Review Division ATTACHMENT(S) 1. Location Map (PDF) 2. Bond Basis (PDF) 16.A.9 Packet Pg. 366 09/12/2023 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.9 Doc ID: 26237 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $144,735.60 which was posted as a guaranty for Excavation Permit Number PL20210000486 for work associated with Maple Ridge at Ave Maria 7A. Meeting Date: 09/12/2023 Prepared by: Title: Technician – Development Review Name: Lucia Martin 07/31/2023 11:08 AM Submitted by: Title: Environmental Specialist – Growth Management Community Development Department Name: Jaime Cook 07/31/2023 11:08 AM Approved By: Review: Development Review Brett Rosenblum Additional Reviewer Completed 07/31/2023 3:50 PM Operations & Regulatory Management Michael Stark Additional Reviewer Completed 08/01/2023 1:20 PM Growth Management Community Development Department Diane Lynch Growth Management DepartmentCompleted 08/04/2023 3:51 PM Transportation Management Operations Support Evelyn Trimino Additional Reviewer Completed 08/08/2023 8:24 AM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 08/09/2023 3:31 PM Growth Management Community Development Department Jaime Cook Division Director Completed 08/10/2023 9:30 AM Growth Management Community Development Department James C French Growth Management Completed 08/22/2023 4:40 PM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 08/24/2023 10:09 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 08/24/2023 10:40 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/25/2023 8:14 AM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 08/30/2023 4:27 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 08/31/2023 2:03 PM Board of County Commissioners Geoffrey Willig Meeting Pending 09/12/2023 9:00 AM 16.A.9 Packet Pg. 367 MAPLE RIDGE AT AVE MARIA 7A LOCATION MAP 16.A.9.a Packet Pg. 368 Attachment: Location Map (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) EXCAVATION PERFORMANCE AGREEMENT THIS EXCAVATION PERFORMANCE AGREEMENT entered into this 22nd day of April. 202'l between CC Ave Maria 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 excavation permit in accordance with Section 22-106, et a/- of the Collier County Code of Laws and Ordinances, and the Collier County Land Development Code, including but not limited to Section 3.05.10 (collectively, the "Excavation Regulations"); and WHEREAS, the Excavation Regulations require the Developer to post appropriate guarantees and execute an Excavation Performance Security Agreement stating applicant will comply with the Excavation Regulations and Excavation Permit No. PL20210000486 (the "Excavation 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 Excavation Regulations and the Excavation Permit (the "Excavation Work"). 2.Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereo0 in the amount of $144,735.60. ln the event of default by Developer or failure of Developer to complete the Excavation Work within the time required by the Excavation Regulations and Excavation Permit, Collier County, may call upon the excavation performance security to insure satisfactory completion of the Excavation Work. The Excavation Work shall not be considered complete until Developer notifies the County that the Excavation Work is complete and the final Excavation Work is reviewed and approved by the County Manager or designee for compliance with the Excavation Regulations. The County Manager or designee shall, within sixty (60) days of receipt of notification by Developer in writing that the Excavation Work is complete, either. a) notify Developer in writing of his approval of the Excavation Work; or b) notify the Developer in writing of his refusal to approve the Excavation Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County lvlanager's approval of the Excavation 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 excavation performance security to secure satisfactory completion, repair and maintenance of the Excavation Work. 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 Excavation Work. The Developer, as principal under the excavation performance security, shall be liable to pay and to indemnify the Board, upon completion of such 1 3 4 6 16.A.9.b Packet Pg. 369 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) 7 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 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. Brain Goguen, Vice sident lN WITNESS WHEREOF, the Board and Develope[ have caused this Agreement to be executed by their duly authorized representatives lhis 72Gt day ol April,2O21. SIGNED lN THE PRESENCE OF: CC Ave Maria, LLC Sig n dlcrqI ohrra 0tiv1 AF By: lorida I lia b company Sign: Pri N ame )r.Ao.r"r",^. 2,..L,u \L//. d^-Provide Proper Evidence of Authority) BOARD O OF COLLI F COUNTY COMMISSIONERS ER COUNTY FLORIDA 2_--.--- Printed Name ATTEST: Crystal K. Kinzel, CLERK By: Clerk ofthe Circuit Court & Comptroller Collier County, Florida as to fo and legality: Ilc r:k D. Perry Assistant County Attorney By as designee ofthe County Manager pursuant to Resolution No. 2015- 162 16.A.9.b Packet Pg. 370 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) Bond #107354978 EXHIBIT "A" PERFORMANCE BOND FOR EXCAVATION WORK For Maple Ridge at Ave Maria Phase 74 KNOW ALL PERSONS BY THESE PRESENTS: thAt CC Ave Maria, LLC 2020 Salzedo Street, Suite 200 Coral Gables. Florida 33134 (hereinafter referred to as "Owner") and Travelers Casualty and Surety Company of America One Tower Square, 38 Hartford, CT 06813 (800\-873-1477 (hereinafter referred to as "Surety") are held and firmly bound unto Collier County, Florida, (hereinafter referred to as "County") in the total aggreg ate sum of One Hundred Forty-four Thousand Seven Huldrcd Thirty-flve and 60/100 Dollars ($144.735.60) in lalvful money ofthe United States, forthe payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Owner and Surety are used for singular or plural, as the context requires. THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board a certain excavation permit no. !!fQf,!QQQ!l!![and that certain excavation permit 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 completion of the work and approval by the County of the specific improvements described in the Land Development Regulations (hereinafter the "Guaranty Period")or until replaced by a new bond in the event of a change of Ownership. 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 satisry all claims and demands incurred and shall fully indemnify and save harmless the County from and against all costs and damages which it may suffer by reason of Owner's failure to do so, and shall reimburse and repay the County all outlay and expense which the County may incur in making good any default, then this obligation shall be void, otheMise to remain in full force and effect. PROVIDED, FURTHER, that the said Surety, for value received hereby, stipulates and agrees that no change, extension of time, alteration, addition or deletion to the proposed specific 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 deletion to the proposed specific improvements. PROVIDED FURTHER, that it is expressly agreed that the Bond shall be deemed amended automatically and immediately, without formal and separate amendments hereto, so as to bind the 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 referrang to this Bond, or other documents shall include any alteration, addition or modification of any character whatsoever. Ils,LDS-01664/1 153600/11 16.A.9.b Packet Pg. 371 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) EXHIBIT,,A,, lN WTNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 20th_ day of Agtil ,202'l . WITNESSES CC Ave Maria , LLC A Florida a limited liability company Printed Name |rU Sltt(tr^^ 0tiYrt By Bria n Goguen, Pre Print Name/Title Printed Name M^t,,.,".2 .Lc (Provide Proper Evidence of Authority) STATE OF Florida COUNTY OF u,nnEr Wl d- THE FOREGOlrl pHvsrcnr Vo 21 ,sv fl oNrLrNe NorARrzATroN THts ING PERFORMA PRESENCE OR BEF 20rh MEANS OF Apnl NCE BOND WAS ACKNOWTEDGED ORE ME BY DAY OF BRIAN GOGUEN AS VICE PRESIDENT OF WHO IS PERSONALLY KNOWN TO ME Notary pr61;" - g1s1s 6i Florida By:,t/r;rrh Po*1,r* Nicole Paneque, Att6rney in Fact Printed Name/Title (Provide Proper Evidence of Authority) Printed Name WITNESSES: A,/ r{rr-lr.Z Printed Name /n-a r&6-ao* Printed Name (SEAL) Travelers Casualty and Surety Company of America (Surety Name and Title if Corporation) AM itb ,td(Ki:, ,:"(. f,T'*:,..t>:aS/i:: KM D. DAVIOSON lblsry Publt - Slrle ol F o'da Cd$dssol IGG j51t82 t{y Crtur Etp{es Feb 19, 2022 Sdned llt[d' Nrlnd Nd4 rss [1s-LDS 01664/1153600/1] ACKNOWLEDGEMENT OR HAS PRODUCED OF AS IDENTIFICATION, w 16.A.9.b Packet Pg. 372 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) EXHIBIT,,A,, ACKNOWLEDGIVIENT STATE oF Florida couNry oF collier El pHvsrcnl PRESENCE oR Drurrrue ruore fl(6t19\"T5t?zo 21 BY IS_PERSONALL Nicole Paneque ODUCED OF Notary Public - state of Florida Printed Name on l1-r:ts-02650/7 grEffl E EEl'SOlt IY@HHI(III@ 92GTS EXPIRE& OcbO., 28, 204 PlEl,hd{lk!H [1s rDs 01664/11s3600/1] THE FOREGOING PERFORIVIANCE BOND WAS ACKNOWLEDGED BEFORE N4E BY MEANS OF OF 16.A.9.b Packet Pg. 373 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) .-. TRAYETERSJ Travelers Casualty and Surety Company of America Travelers Casualty and surety company St. Paul Fire and Marine Insurance Company POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: That Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine lnsurance Company are corporalions duly orcanized under the laws of the Stale of Conneclicut (herein collectively called the "Companies"), and that lhe Companies do hereby make, constitute and appoint NICOLEM PANEQUE of NAPLES Florida , their true and lawful Attorney-in-Fact to sign, execute, seal and acknowledge any and all bonds, recognizances, conditional undertakings and other writings obligatory in the nature lhereof on behalf of the Companies in lheir business of guaranteeing the fidelity of persons, guaranleeing the performance of conkacts and executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. lN WITNESS WHEREOF, the Companies have caused this inslrumenl to be signed, and their corporate seals to be herelo affixed, this lTth day of January, 2019. Slale of Connecticut By City of Hartford ss Roberl L.enior Vice President On this the 17th day of January, 2019, before me personally appeared Robert L. Raney, who acknowledged himselt to be the Senior Vic€ President of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St Paul Fire and Marine lnsurance Company, and lhat he, as such, being aulhorized so to do, execuled the foregoing instrument for the purposes therein contained by signing on behalf of said Anna P. Nowik, Nolary Public This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Travelers Casualty and Surety Company of America, Travelers Casualty and Surety Company, and St. Paul Fire and Marine lnsurance Company, which resolutions are now in full force and effecl, reading as follows: RESOLVED, that the Chairman, the President, any Mce Chairman, any Execulive Vice President, any Senior Vice President, any Vice President, any Second Vice President, the Treasurer, any Assistanl Treasurer, the Corporate Secretary or any Assislant Secretary may appoint Attomeys-in-Fact and Agents lo act for and on behalf of the Company and may give such appointee such authority as his or her certificale of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds, recognizances, contracts of indemnity, and other writings obligalory in the nalure of a bond, recognizance, or conditional undertaking, and any of said officers or lhe Board of Directors at any time may remove any such appointee and revoke the power given him or her; and it is FURTHER RESOLVEO, that the Chairman, the President, any Vice Chairman, any Executive Vice Presidenl, any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company, provided that each such delegalion is in writing and a copy thereof is filed in the office oflhe Secretary; and it is FURTHER RESOLVED, that any bond, recognizance, contracl of indemnity, or wriling obligatory in the nature of a bond, recognizance, or conditional undertaking shall be valid and binding upon the Company v,/hen (a) signed by the Presidenl, any Vice Chairman, any Executive Vice President, any Senior Vice President or any Vice President, any Second Mc€ President, the Treasurer, any Assistanl Treasurer, the Corporate Secretary or any Assistant Secrelary and duly attested and sealed Wth the Company's seal by a Secretary or Assistant Secretary; or (b) duly executed (under seal, if required) by one or more Attorneys-in-Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of aulhority or by one or more Company offcers pursuanl to a writlen delegation of authorityi and il is FURTHER RESOLVEO, that the signature of each of the following officers: President, any Executive Vice President, any Senior Vice President, any Vlce Presidenl, any Assistant Vice President, any Secretary, any Assistant Secrelary, and the sealofthe Company may be aftlxed by facsimile to any Power of Atlorney or lo any certificate relaling thereto appointing Resident Vice Presidents, Residenl Assistant Secretaries or Attorneys-in-Fact for purposes only of executing and attesling bonds and undertakings and other writings obligatory in the nature thereof, and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and ce(ified by such facsimile signalure and facsimile seal shall be valid and binding on lhe Company in lhe future with respect to any bond or understanding to which it is altached. l, Kevin E. Hughes, the undersigned, Assistanl Secretary of Travelers Casualty and Surety Company of America, Travelers Casualty and Surely Company, and St. Paul Fire and Marine lnsurance Company, do hereby certify that the above and foregoing is a kue and correct copy of the Power of Attorney execuled by said Companies, which remains in full force and effect. Dated lhis 20th day of Ap.il2021 Kevin E Hughes, Ass ant Secrelary To veri{y the duthenticity of this power of A$orney, please call us at 1-SOO-421-398O, Please refer to the above-naned Attorney-in-Fact and the details of the bond to which this power of Attomey is attached, Companies by himself as a duly authorized offrcer. lN WTNESS WHEREOF, I hereunto sel my hand and official seal. My Commission expires the 30th day of Juno, 2021 l/a. { /la.-- 16.A.9.b Packet Pg. 374 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) WRITTEN CONSENT OF THE BOARD OF DIRECTORS or CC AVE MARIA, LLC ,-, I tL DATED AS OF FEBRUARY 3 2014 The undersigned, Board of Dirccton (thc "8ggS!") of CC AVE MARIA, LLC, a Florida limited liability company (the "eom!s!X"), hereby consen[s ro lhe adoption of the following resolutions: RESOLVED, that cffcctivc as ofthis date thal lhc following pcrsons be elected to the ofllces ofthe Company scl forth opposile thcir names bclow to scrvc in such copaci(ies until their rcspcctivc successors shall have bccn duly clccted und shall hove qualified: Jamcs M. Cerr K. Lawrcncc Gragg Andrrs Miyarcs llarold L. Elsenachcr Brlan Goguen Blakc Crblc Dirtrr Ibsrrls Prcsidcnt and Assislsrl Setrctrry Vicc Prcsidctrtr Assklstr! Secrelrr!. snd Assistrnt Trclsurcr Yicc Prcaidctrt Vicc Prcsideut rnd Treasurcr Vicc Prcaide!t Vicc Prcsident Vicc PrcsideBt Ssle of Homes at Maolc Ridqc WHEREAS, thc Company is Oe owner and dcvcloper of censin singlc hmily residential homcs (the "!9!q9!) located in a projcct known es "Moplc Ridge 8t Ave Maria" in Collicr County, Floidoi WHEREAS, thc Bonrd deems it to bc in thc bcst intere* of thc Compaoy lo s€ll from timc to lime (each, a "$s19") lhc homes pursuanl to a Maple Ridge at Ave Mario Purchase Conlract (thc "Asreement") by Bltd bctwcen thc Company, m scller, ond each of the buyeB party thereto (thc "EuschEser). NOW, THEREFORE, BE IT RESOLVED, rhat rhc Prcsidenl or any Vice Prcsidenr of rhe Compsny (rhe "Aghg11zed_-Bep1ggglg!ryS") bc, and hcreby is, aurhorized and empowcrcd ro cxccutc and dcliver, on bchalfof thc Company, any and all documents requircd in Election of O{Iicers 16.A.9.b Packet Pg. 375 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) connection wilh each Sale, including, without limitation (u) Moplc Ridgc ot Avc Msda Purchrse Contract, (b) a Special Waranty Decd in favor olthe Purcho-scr, (c) an Owner's Afl:davir, (d) a FIRPTA Aflidavit, (c) Termination ol' Notice of Commcnccment, (0 a Closing Slalemcnt, ond (g) such other documcnts as may be ncccssary to effect such Sale (collectively, the "Salc Documcnts"); and be it RESOLVED, that csch Authorized Reprcscntativc, octing alone, be, and hereby is, authorizcd and directed to enter into, execute, and deliver the Salc Documents on behalf of the Compony, with such additions, dcletions, or changes thcrcin as such Authorized Reprcscntative cxecuting the Sale Documcnts shall approvc, such approval to be conclusively cvidsnced by lhe execution thcrcoi, as well os lo do and pcrform, or cEuse to be done end pcrformcd, 0ll such othcr acls, deeds and things, end to mBkc, sxecute nnd deliver, or causc to bc mrde, execulcd and delivercd, all such other agrccrrents, underlakings, documcnts, instnunents or certificales, for thc Company o. the Company as the case may be, os (he Authorized Representativc may dcem necess{ry or oppmpriate to cffectuale or csrry out fully the purpose and intent olthe forcgoing resolutions and to be in the bcsl interest of the Company or thc Company (as conclusively evidenccd by thc taking of such action or lhe exccnlion and delivery of such agrcemcnts, undcrtakings, documcnts, inslruments or ccrtificelcs,0s lhe case may bc, by or undcr the dircction of any authorized agent), and thot all acts, deeds and things herelofore done or pcrformed by thc qents ol the Company in connection rvith each Sale be, and hcrcby arc, approved, ralified and confirmed in Bll respects and shall constitute lhe acts and obligations of the Company, irrcspcctive of whethcr such acls or documents wcrc pcrformed bcforc or subscqucnt to thc dale ol tltc adoption thereof; and b€ it furthcr RESOLVED, lhat this Consent may be o<ecuted in any number of colnterp8rts and by the sepsralc p&tics hsrcto in scparate counterparls, cach of which shall bc decmcd to bc one and lhe samc instrumcrt; and be it furlhcr RESOLVED, thot lhis Consent shall continuc in full force and cffect snd may be rclicd upon by cach Purchaser and its title insumnce underr.vtiter until rcccipt o[ a written noticc olany change herein. [Signoturcs on following page] 16.A.9.b Packet Pg. 376 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A) wnttct. 'Ihe undersigned havc hereby exccuted this Conseor as ofthe datc first abovc BOARD OF DIRECTORS: Cablc GraBg J Coguen 16.A.9.b Packet Pg. 377 Attachment: Bond Basis (26237 : Excavation Bond Release - Maple Ridge at Ave Maria 7A)