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Agenda 10/24/2023 Item #16A6 (Isles of Collier Preserve Phase 17 - PL20210001914)10/24/2023 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $422,048, which was posted as a guarantee for Excavation Permit Number PL20210001914 for work associated with Isles of Collier Preserve Phase 17. OBJECTIVE: To release a 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 Isles of Collier Preserve Phase 17. The As-Built lake cross sections have been received, and the lakes were inspected on September 1, 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 for form and legality and requires a majority vote for Board approval. - DDP RECOMMENDATION: To authorize the Clerk of Courts to release the Performance Bond in the amount of $422,048. 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.6 Packet Pg. 790 10/24/2023 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.6 Doc ID: 26685 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $422,048, which was posted as a guarantee for Excavation Permit Number PL20210001914 for work associated with Isles of Collier Preserve Phase 17. Meeting Date: 10/24/2023 Prepared by: Title: Technician – Development Review Name: Lucia Martin 09/15/2023 2:09 PM Submitted by: Title: Environmental Specialist – Growth Management Community Development Department Name: Jaime Cook 09/15/2023 2:09 PM Approved By: Review: Growth Management Community Development Department Diane Lynch Growth Management DepartmentCompleted 09/15/2023 4:35 PM Development Review Brett Rosenblum Additional Reviewer Completed 09/18/2023 12:33 PM Operations & Regulatory Management Michael Stark Additional Reviewer Completed 09/19/2023 9:39 AM Transportation Management Operations Support Evelyn Trimino Additional Reviewer Completed 09/19/2023 4:33 PM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 09/21/2023 3:34 PM Growth Management Community Development Department Jaime Cook Division Director Completed 10/02/2023 11:13 AM Growth Management Community Development Department James C French Growth Management Completed 10/03/2023 7:01 PM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 10/10/2023 4:00 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 10/10/2023 4:01 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 10/11/2023 10:41 AM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 10/11/2023 4:33 PM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 10/12/2023 3:59 PM Board of County Commissioners Geoffrey Willig Meeting Pending 10/24/2023 9:00 AM 16.A.6 Packet Pg. 791 ISLES OF COLLIER PRESERVE PHASE 17 LOCATION MAP 16.A.6.a Packet Pg. 792 Attachment: Location Map (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) THIS EXCAVATION PERFORMANCE AGREEMENT entered into this 13th day of Januarv, 2022 belueen Minto Communities, 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 Col er County Land Development Code, including but not limited to Section 3.05.1 0 (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. PL20210001914 (the "Excavatjon 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: '1. Developer agrees to comply with the Excavation Regulations and the Excavation Permit (the "Excavation Work"). Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $422.048.00. 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 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 Manager'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 2 3 4 6 EXCAVATION PERFORIVANCE AGREEMENT 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. E 16.A.6.b Packet Pg. 793 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) 7 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 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. lN WITNESS WHEREOF, the Board and Developer hav executed by their duly authorized representatives this ./!f; day sed this Ao lon"unl- eca of u reement to be ,2027-. SIGNED IN THE PRESENCE OF, Sign IVIinto mmunit LL By Lilliam Costello, Vice President of Finance Evidence of signing authority attached hereto as Exhibit "6". BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY. FLORIDA Jaime Cook, Director, Development Review Division, as designee of the County l\ilanager pursuant to Resolution No. 201 5-162. Y+a L( /rinted N ame Laura LaFauci \hr-"-" q,t,ldfu,-^r/ Norma Mohamed Printed Name ATTEST: Crystal K. Kinzel, CLERK By: Clerk ofthe Circuit Court & Comptroller Collier County, Florida ved as to form and le r.k D. P.rry Bv Assistant County Attorney 16.A.6.b Packet Pg. 794 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) EXHIBIT IIA'' Bxc.veri.r Performance Security 16.A.6.b Packet Pg. 795 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) Minto Communities, LLC 4042 Park Oaks Blvd Suite.450 Tampa, FL 336'10 (hereinafrer referred to as "Owner") and RLI lnsurance Company 9025 North Lindbergh Drive, Peoria, lL 61615 (hereinafter referred to as "Surety") are held and flrmly bound unto Collier County, Florida, (hereinafter referredtoaS''county,,)inthetotalaggregateSumof Dollars ($422,048.00) in laMul money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, flrmly 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. PL20210001914 and that certain excavation permit shall include specific improvements which are required by Collier County Ordinances and Resolutions (hereinaffer "Land Development Regulations"). This obligation ofthe 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 rn accordance with the Land Development Regulations during the guaranty period established by the County, and the Owner shall satisfy all claims and demands incurred and shall fully indemnify and save harmless the County from and against all costs and damages which it may suffer by reason of Ownels failure to do so, and shall reimburse and repay the County all outlay and expense which the County may incur in making good any default, then this obligation shall be void, otherwise to remain in full force and effect. PROVIDED, FURTHER, that the said Surety, for value received hereby, stipulates and agrees that no change, extension of time, alteration, addition or deletion to the proposed specific 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 Regulatjons. 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 WTNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 13th day ol Janoary,2022 WITNESSES: . ffir*tlt;J EXHIBIT "A'' PERFORMANCE BOND FOR EXCAVATION WORK LiI of ed Mint ommunitie LLc iam CostelIo, Vice Pres identPri Pri 'ed Name Ste phanie Francols z4- Leslie Patriarca I1s-10S,01664/11s3600/11 By Finance Bond#CMS0338972 KNOW ALL PERSONS BY THESE PRESENTS: that 16.A.6.b Packet Pg. 796 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) ACKNOWLEDGEMENT STATE OF COUNTY OF TH OREGO SICAL 20 A4-/4L ING PERFORIVA PRESENCE OR NCE BOND WAS ACKNOWLEDGED BEFORE E oNLtNE NorARlzATtoN THts . r , DAy I\4E BY EANS O AS IDENTIFICATION OF BY (NAME OF ACKNOWLEDGER) AS (TITLE) OF (NAME OF COMP WHO S PERSONALLY KNO\A/N TO IVE, OR HAS ioF ::.Ro*':.\' ,'i" l'' -s -.'.d . -,r- i i .' +{7 LA r'.,,2 c-L rinted Name Laura LaFauci -{, WITN ESSES ura nce Compa n B zabeth Ma / Printed Name: c aldette al ACKNOWLEDGI\,4ENT STATE OF Florida COUNTY OF N4iami-Dade THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE I\,4E BY MEANS OFpHystcAl PRESENCE oR E oNLtNE NorARtzATtoN THts 13th DAY OF January 2022 , BY (Elizabeth Marrero) AS (Attorney-in-Fact) OF (RLl lnsurance Company) WHO lS PERSONALLY KNOWN TO lvlE, ERldd(S@RozuOE&@F<xxxxxxxxxxxxx.rqgl&ENxlEl6,*|D@DC. (SEAL) SEE ATTACHEO Printed Name: Jose M. Femandez I il- Fl S-(12650/7 [1s LDS 01554/11s3600/1] Notary Public - Stat" ot l/r-oA \Aq,7- Z .-Z tubvllat. tlo,,*,-t0r,,i'j. IPrlr(ed Mme, Henrv R,vas.a-//,,'/-r Notary Public - State of Flonda 16.A.6.b Packet Pg. 797 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) A Notary Public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of Florida County of Miami-Dade o" -LJt3/A-Elizabeth Marrero who before me, Jose M. Femandez, Notary Pubtic, personally appeared proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity(ies), and that by her signature(s) on the instrument the person(s), or the entity upon behalfofwhich the person(s) acted, executed the instrument. I certifu under PENALTY OF PERJURY under the laws of the State of Florida that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Si ture of No Public # ?;'i;.x ,*;;:*;;#q SURETY ACKNOWLEDGMENT 16.A.6.b Packet Pg. 798 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) POWER OF ATTORNEY RLI Insurance Company Contractors Bonding and Insurance Company e025 N. LrndberghDr oPrl;;;'t o,u,s Know All Men by These Presenls: That this Power of Attomey is not valid or in effect unless attached to the bond which it authorizes executed, but may be detached by the approving offi cer if desired. That RLI Insurance Company and./or Contractors Bonding and Insurance Company, each an Illinois corporation, (separately and togcthcr, thc "Company") do hereby make, constitut!' and appoint: Claudette Alexander Hunt. Eliirabeth Marrero. iointly or severally in thc City of Miami . State of Florida its tlue and lawful Agent(s) and Attomey(s) in Fact, with full power and authority hereby confened, to sign, execute, acknowledgc and deliver for and on its behalf as Su.ety, in gcneral, any and all bondsandundertakingsinanamountnottoexcecdDollars ( $25.000.000.00 ) for any single obligation. The acknowledgment and cxecution ofsuch bond by the said Attomey in Fact shall be as binding upon the Company as if such bond had been cxecuted and acknowledged by the regularly elected oflicers ofthe Company. RLI lnsuraDce Company and/or Contractors Bonding and Insurance Company, as applicable, have each further certified that the following is a true and exact copy of a Resolution adopted by the Board of Directors ofeach such corporation, and is now in force, to-wit: "All bonds, policies, undertakings, Powers of Attomey or other obligations of the corporation shall be executed in the corporate name of the Company by the President, Secretary, any Assistant Secrctary, Treasurer, or any Vice President, or by such other officers as the Board of Directors may authorize. The President, any Vice President, Secretary, any Assistant Secretary, or the Treasurgr may appoint Attomeys in Fact or Agents who shall have authority to issue bonds, policies or undertakings in the name ofthe Company. The corporate seal is not necessary for the validity of any bonds, policies, undertakings, Powers of Aftomey or other obligations of the corporation. The signature ofany such officer and the corporate seal may be printed by facsimile." IN WITNESS WHEREOI.', the RLI lnsurance Company and/or Contractors Bonding and Insurance Company, as applicable, have causcd these presents to bc cxccuted by its rcspcctive Vice Presidcnt with its corporate seal affixed this -lQ$_ day of l,4arch 2020 RLI Insurance Compan! Contractors Bonding and Insurance Company +ii":#iyi;6'/a#;.lii#ii?+zi l.snll; .:'%;*',1 SS Countv of Peoria On rhis -18!L day of March , 2020 , befbre me, a Notary Public, personally appeared Banon W. Davis . who being by me dul) s*om. acknowledged that he signed thc above Power of Attomey as the aforesaid officer of the RLI Insurance Compa[y and/or Contrrctors Bonding and Insurance Company and acknowledged said instrumenl to be the voluntary act and deed ofsaid corporalion. e<- B! Banon W. Davis Vice President CI.]RTIFICATE l. the undersigned officer of RLI Insurance Company and/or Contractors Bonding and Insurance Company, do hereby certiry thal the attached Power of Attom€y is in full force and effect and is irrevocablei and funhermorc, that the Resolution of the Company as set fonh in thc Powcr of Aftomey, is now in force. In testimony whereof, I have hereunto set my hand and the seal of the RLI Company lnsurance Compeny this l3th and"or day of urance RLI lnsurance Comp{ny Notary Public Contrrctors Bonding and Ins 2, .rr .,ao , sEAL....:+ statc of Illinois It OFFICIAL SEAL JACOUEUNE M BOCKLER )OTraY P!E,C, STArE Of rutlos IY @rrsgoti &Es Jrri ,.2@ e M. Bockler Bv Jacque By Jeffrey *"o"_ . A0058Dr9 16.A.6.b Packet Pg. 799 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) EXHIBIT IIB'' Signing Authority 16.A.6.b Packet Pg. 800 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) PerryDerek From: Sent: To: Subject: Brian Cale < bcale@mintousa.com > Thursday, June 24, 2021 5:06 PM PerryDerek Signing Authority - lsle of Collier Preserve EXTERNAL EMAIL: Derek- I authorize Lilliam Costello to sign on behalf of Minto Communities, LLC for general permits and entitlemenl activities. Please call me if you have any questions. Sincerely, Brian Cale Brian Cale, PE Vice President of Land Development Latitude Margaritaville Watersound MINTO COMMUNITIES . USA 8939 STEEL FIEL0 ROAD, Panama City, Florida,32413 T I c a41.780.s113 A division of The Minto croup Follow us on o00@ ffi I Refer a Friend 1 16.A.6.b Packet Pg. 801 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) JOINT UNANIMOUS WRITTEN CONSENT OF THE MANAGERS OF MINTO COMMUNITIES, LLC, MINTO ARTESIA, LLC, MINTO TOWNPARX, LLC, HOMEBUYERS' FINANCIAL, LLC, MINTO FLORIDA HOLDINGS, LLC MINTO TITLE, LLC, MINTO LAS OLAS, LLC, MINTO KENNEDY GROVES, LLC, MINTO VILLAS.BY-THE-SEA, LLC, MINTO BRADENTON, LLC, MINTO MARINA, LLC, MINTO MONTERIL{, LLC, MINTO SABAL BAY, LLC MINTO SPW, LLC AND MINTO PBLH, LLC The undersigned, coustituting all the managers (the "Managers") of MINTO COMMLTNITIES, LLC, a Florida limited liability company, MINTO ARTESIA, LLC, a Florida limited liability company, MINTO TOWNPARK, LLC, a Florida limited liability company, HOMEBUYERS' FINANCIAL, LLC, a Florida limited liability company, MINTO FLOzuDA HOLDINGS, LLC, a Florida limited liability company, MINTO TITLE, LLC, a Florida limited liability company, MINTO LAS OLAS, LLC, a Florida limited liability company, MINTO KENNEDY GROVES, LLC, a Florida limited liability company, MINTO VILLAS-BY-THE-SEA, LLC, a Florida limited liability company, MINTO BRADENTON, LLC, a Florida limited liability company, MINTO MARINA, LLC, a Florida limited liability company, MINTO MONTERRA, LLC, a Florida limited liability company, MINTO SABAL BAY, LLC, a Florida limited liability company, MINTO SPW, LLC, a Florida limited liability company, and MINTO PBLH, LLC, a Florida limited liability company (each, a ''Companv" and hereinafter, collectively, the "Companies"), do hereby consent to the following resolutions as ofNovember 20, 2014 and dtect that this action be filed with the records ofeach respective Company. RESOLVED, that Brian Cale ("Cale") be and hereby is appointed to the oflice of Vice President ofeach of the Companies, to serve in such capacity until his successor has been duly elected and qualified or until his earlier resignation, removal or death; R-ESOLVED, that any and all actions taken to date by Cale on behalf of the Companies as an officer ofthe Companies are hereby ratified and approved; and RESOLLED, that this Joint Unanimous Written Cons€nt may be executed in count€rparts, each of which when so executed shall be deemed an original, but all ofwhich such counterparts shall together constitute but one and the same instrument. {10212914;l } ISignature(s) on following page(s).] 16.A.6.b Packet Pg. 802 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17) IN WITNESS WIIEREOF, the undersigned being all the Managers of all of the Companies have execut€d this Joint Unanimous Written Consent effective ss ofthe &te first above written. MANAGERS of MINTO COItr\IUNITIES, LLC, MINTO ARTESIA, LLC, MINTO TOWNPARX, LLC, HOMEBUYERS' FINAIICIAL, LI]C, MINTO FLORIDA EOLDINGS, LLC, MINTO TITLE, LLC, MI}ITO LAS OLAS, LLC, MINTO KENNEDY GROVES, LLC, MINTO VILLAS.BY-TIIE-SEA, LLC, MINTO BRADENTON, LLC, MINTO MARINA, LLC, MINTO MONTE,RRA, LLC, MINTO SABAL BAY, LLC, MINTO SPW, LLC ANd MINTO PBLH, LLC Michael J. Belmont JohlI. {30232934;l } 16.A.6.b Packet Pg. 803 Attachment: Bond Basis (26685 : Excavation Bond Release - Isles of Collier Preserve Phase 17)