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Agenda 12/12/2023 Item #16A 8 (Release Performance Bond associated with Maple Ridge at Ave Maria Phase 7B)12/12/2023 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $85,960, which was posted as a guarantee for Excavation Permit Number PL20210001856 for work associated with Maple Ridge at Ave Maria Phase 7B. 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 Performance Bond was posted as security for an Excavation Permit associated with Maple Ridge at Ave Maria Phase 7B. The work associated with this security has been inspected, and the developer has fulfilled his commitments with respect to this security. As-Built lake cross sections have been received, and the lakes were inspected on October 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: 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 authorize the Clerk of Courts to release the Performance Bond in the amount of $85,960. Development Review staff will issue a Memorandum to the Clerk of Courts upon approval of this item, advising the Clerk of this action. Prepared by: Lucia S. Martin, Project Manager I, GMCDD, Development Review Division ATTACHMENT(S) 1. Location Map (PDF) 2. Bond Basis (PDF) 16.A.8 Packet Pg. 914 12/12/2023 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.8 Doc ID: 27106 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $85,960, which was posted as a guarantee for Excavation Permit Number PL20210001856 for work associated with Maple Ridge at Ave Maria Phase 7B. Meeting Date: 12/12/2023 Prepared by: Title: Technician – Development Review Name: Lucia Martin 10/27/2023 10:16 AM Submitted by: Title: Environmental Specialist – Growth Management Community Development Department Name: Jaime Cook 10/27/2023 10:16 AM Approved By: Review: Development Review Brett Rosenblum Additional Reviewer Completed 10/27/2023 1:17 PM Operations & Regulatory Management Michael Stark Additional Reviewer Completed 11/03/2023 1:20 PM Growth Management Community Development Department Diane Lynch Level 1 Department ReviewCompleted 11/03/2023 3:01 PM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 11/09/2023 11:25 AM Transportation Management Operations Support Evelyn Trimino Additional Reviewer Completed 11/13/2023 5:54 PM Growth Management Community Development Department Jaime Cook Division Director Completed 11/20/2023 11:29 AM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 11/22/2023 2:51 PM Growth Management Community Development Department James C French Growth Management Completed 11/27/2023 5:01 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 11/28/2023 9:23 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 11/28/2023 9:41 AM Office of Management and Budget Laura Zautcke Additional Reviewer Completed 11/29/2023 10:45 AM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 11/30/2023 11:52 AM Board of County Commissioners Geoffrey Willig Meeting Pending 12/12/2023 9:00 AM 16.A.8 Packet Pg. 915 MAPLE RIDGE AT AVE MARIA 7B LOCATION MAP 16.A.8.a Packet Pg. 916 Attachment: Location Map (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) EXCAVATION PERFORMANCE AGREEMENT THIS EXCAVATION PERFORMANCE AGREEMENT entered into this .-lJ* kOay ot October, 2021 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 al 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. PL2021000'1856 (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. 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 Manageds 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 J 4 b Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $85.960.00. 16.A.8.b Packet Pg. 917 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) 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 WTNESS WHEREOF, the Board and Developer have caused this Agreement to be executed by their duly authorized representatives this "Z7Pt day of October, 2021 . SIGNED IN THE PRESENCE OF CC Ave Maria, LLC Sign AF By: lorida I ited liability company Printed Name sbh:, , \I)'illut"F Printed Name ATTEST: ktprbNuus Brian Gogue ce President Evidence of signing authority attached hereto as Exhibit ^6" . OF COLLIER CO Ft-oRIDA By I ttRe I re 'vas designee ofthe County anager pursuant to Resolution No. 2015-162 Jelr; Cook, Dlra cto? Dewe 1op[c]rt Revl6w Dlvl s lau ht4drcY t\nf,CDC k Crystal K. Kinzel, CLERK By Clerk ofthe Circuit Court & Comptroller Collier County, Florida ved o ,fr gality Dcrck D. PcrrY Assistant County Attorney 7. BOARD OF COLINTY COMMISSIONERS 16.A.8.b Packet Pg. 918 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) EXHIBIT "A,, BOND NO: 7901079759 PERFORI\,,IANCE BOND FOF EXCAVATION WORK For Maple Ridge at Ave Maria Phase 78 KNOW ALL PERSONS BY THESE PRESENTS: that CC Ave Maria, LLC 2020 Salzedo Street, Suite 200 Coral Gables, Florida 33134 (hereinalter rererred to as "Owner") and Nationwide Mutual lnsurance Company 1 100 Locust Street, Dept 2006 Des Moines, lA 50391-2006 (866) 387-04s7 (Hereinafter referred to as "Surety") are held and lirmly bound unto Collier County, Florida, (hereinafter relerred to as "County") in the total aggregate sum of Eiohtv Five Thousand Nine Hundred Sixtv Dollars. G95p09J00) in lawful 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, 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. Pt20210001856 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 faithlully 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 lully indemnify and save harmless the County lrom and against all costs and damages which it may suffer by reason of Owner's Iailure to do so, and shall reimburse and repay the County all outlay and expense which the County may incur in making good any delault, then this obligation shall be void, otherwise to remain in lull force and elfect. 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 ol any such change, extension ol time, alteration, addition or deletion to the proposed specilic improvements. PBOVIDED FURTHER, that it is expressly agreed that the Bond shall be deemed amended automatically and immediately, without lormal and separate amendments hereto, so as to bind the Owner and the Surety to the full and faithlul 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 modilication ol any character whatsoever. [15-LDS-01664/1 153600/1] 16.A.8.b Packet Pg. 919 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) lN WITNESS WHEREOF, the parties hereto have caused this PEBFOBMANCE BOND to be executed this 27th dav of October. 2021 WITNESSES:CC Ave Maria , LLC A Florida a limited liability company Printed Name By: Brian Goguen, Pr Print Name/Title Print ed Name t O,,L Evidence of signing authority attached hereto as Exhibit "6d ACKNOWLEDG EI/IENT TrlL\\h-0M3 srArEoF Floc'). COUNTY OF THE REGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFOBE ME BY I\4EANS OF HYSICAL PBESENCE OR ONLINE NOTARIZATION THIS DAY OF ox*th<r 2O-Z-\ ,BY BRIAN GOGUEN AS VICE PRESIDENT , OF WHO IS PE ALLY KNOWN TO ME, OR ))lL BSON N Public - State or Fh, r idc. T/' (SEAL), Printed Name ir-.D )*t-rZ c0 li WITNESSES: Printed Name: Taylor Edwards t"d Printed Name: Doris Wiggins Nat de Mutual lnsurance Company . By: ,.1): Charity Moser, Attorney-ln-Fact (Provide Proper Evidence of Authority) I 4.,' KIM O DAVIDSON l'iolary Public - Shle oi F or da Conrmrssrol GG 15,1/82 MyCorim Erirres Feb 19 2022 8.{rc.d t'md \rallia Nota.yAse [1s LDS 01664/1153600/rl EXHIBIT,,A,, WW -ta.,,(n il^^ra"-L /l I HAS PRODUCED OF - AS IDENTIFICATION. A odar-' Y lt /I ,,;;1,1,1,i'I l-\ 16.A.8.b Packet Pg. 920 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) ACKNOWLEDGM ENT STATE OF Florida COUNry OF Collier THE FOREGOE pHvsrcel 20 2l ,BY ING PEBFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME BY MEANS OF PBESENCE OB f]ONLINE NOTARIZATION THIS IlT DAY OF OqOAE4Cu{JttT1 m6-ea- 49 f,lryps1ll- Fur OrTtmrtuu $tguefiwaO tS PERSONALLY KNOWN TO ME , OR HAS PRODUCED OF Notary Public - State of FLDelDn / Printed Name D/qlE L'Vt AEZ| l,l-EIS 02650/7 AS IDENTIFICATION (SEAL)..+lit..-.*".,. ?,Aii DIA{E L. VIGNERI lilY COiIMISSION # HH 010873 EXPIRES:fiy 13,2024 Bond6d ]h,lJ Nohry Puuic Ui&ndb.e [15- LDS-01664/11s3600/1] EXHIBIT,,A,, 16.A.8.b Packet Pg. 921 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) KNOW ALL MEN BY THESE PRESENTS THAT: Nationwide Mulual lnsurance Company, an Ohio corporaton hereinafter refened to severally as the "Company" and collectively as'the Companies" does hereby make, constitute and appoinl: CHARITY A MOSER: DOTIGLAS E BAIRD: each in their individual capacity, its true and lalvful attomey-in-facl, with full power and authority to sign, seal, and execute on its behalf any and all bonds and undertakings, and other obligatory instruments of similar nature, in penalties not exceeding lhe sum of UNLIMITED and to bind the Company thereby, as fully and to the same extent as if such instruments were signed by the duly authorized ofiice.s ofthe Company; and allacts ofsaid Attorney pursuant to the authority given are hereby ratified and confimed- This power of attomey is made and executed pursuant to and by authority of the following resolution duly adopted by lhe board of directors ofthe Company: 0000053623 'RESOLVED, that the president, or any vice president be, and each hereby is, authorized and empowered to appoint attomeys-in-fact ofthe Company, and lo authorize them to execute and deliver on behalfof the Company any and all bonds, forms, applications, memorandums, undertakings, re@gnizances, transfers, contracts of indemnity, policies, contracts guarantoeing the fdelity of persons holding positions of public or private lrust, and other writings obligatory in nature that the business ofthe Company may require; and to modify or revoke, with or without cause, any such appointmenl or authorityi provided, however, that the authority granted hereby shall in no way limil the authority ofother duly authorized agents to sign and countersign any of said documents on behalf of the Company.' 'RESOLVED FURTHER, lhat such altomeys-in{act shall have full power and aulhority lo execute and deliver any and all such documents and to bind the Company subject to the lerms and limitations ofthe power of attomey issued lo them, and to affx the seal of the Company thereto; provided, however, that said seal shall not be necessary for the validity ofany such documents.' This power of attomey is signed and sealed under and by the following bylaws duly adopted by the board of directors ofthe Company Execution of lnstruments. Any vice president, any assistanl secretary or any assistant keasurer shall have lhe power and authority to sign or attest all approvtddoctmenGllnatrumenls, contracts, or other papers in conneclion wilh lhe operation ofthe business ofthe company in addition to the chairman of the board, the chief execulive offlcer, president, keasurer or secretary; provided, however, the signature ofany of lhem may be printed, engraved, or stamped on any approved document, contract, instrument, or other papers of the Company. lN WITNESS WHEREOF, the Company has caused this instrument to be sealod and duly atlested by the signalure of its officer the 20th day of August, 2021 Anlonio C. Albanese, Vlca Presldent of Nationwide Mutual lnsurance Company ACKNOWLEDGMENT S*elrtrcr$" STATE OF NEW YORK COUNW OF NEW YORK: ss On this 20th day of August, 2021, before me came lhe above-named ofilcer for the Company aforesaid, to me pelsonally known to be the officer described in and who executed lhe preceding instrument, and he acknowledged lhe execution ofthe same, and being by me duly swom, deposes and says, that he is lhe offic€r of lhe Company aforesaid, that the seal affxed hereto is lhe corporate s€al of said Company, and the said corporate seal and his signalure were duly affixed and subscribed to said instrument by the authority and direclion of said Company. CERTIFICATE l, Laura B. Guy, Assistant Secr€tary of the Company, do hereby certify that the foregoing is a full, true and correct copy of the original power of attorney issued by the Company; that the resolution included therein is a tnre and corect transcript from the minutes ofthe meetings of the boards of directors and the same has not been revoked or amended in any manner; that said Antonio C. Albanese was on the date of the execution ofthe foregoing power of atlorney the duly eloctod officer of the Company, and the corporate seal and his signature as officer were duly affixed and subscribed to the said inskument by the authority of said board ofdireclors; and lhe foregoing power of attomey is still in fullforce and effect. Stsphanlo Rublno M.&hur Nolary Public, St8le of NM Yoi( No.02MCj270117 Oualrilod in N€w Yol( Co.ly C6mmissia. Erones O.l.t.r 1q 707c l.rOlr.rr.r@n&.- no14d I aay or fiar,,<t g-AVlN WITNESS WHEREOF I haveOdobef .Zszl hereunto subscribed my name as Assistant Secretary, and afllxed the corporate sealof said Company lhis Assistant Secretary BDJ 1(08-21)00 rqhlhand corner. Conlacl us ai 212 32S 6900 il lhis d@uftsnl is vod or il,ou have any questions. Power of Atlornoy lUt-- 16.A.8.b Packet Pg. 922 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) F,XIIIBIl'"r]" rVR]TTEN CONSENf OF THE BOARD OF DIRECTORS OF CC AVE MARIA, LLC ,.( DATED AS OF FE'*gAgY -.,iOTI The undersigned, Boord of Dircctors (the "!994[') of CC AVE MARIA, LLC, a Florida limircd liability company (thc "Co"Eps!.t''), hcrcby consents to tlc adoplion of the follorving rcsolulions: Eleclion of Olliccrs RESOLVED, that cffcctivc as ofthis date lhal th. tollowing pcrsons be clected to the oflices ofthc Company scl forlh opposile (heir namcs bclorv to scrvc in such capacities unlil thcir rcspcctivc successors shall fiave bcen duly clcctcd and shall havc qualilied: Jomcs l!1, Corr K. Larvrcncc Gragg Andrcs Miyarcs Hsrold L. Elscnachcr Brlan Gogucn Blakc Gublc Disrs Ibsrri! Prcsidqnt aud Arsisltnt Sccrc(tr)' vicc Prcsidcot, AssiJtrnt Secretrrt snd A$istlna Trcssurcr Vicc Prcsidclll Vicc Presideol ond Trcssurcr Vicc Prcsldenl Visc Prcsidcnt Vicc Prcsidcnl Ssls of Homcs ot Msnlc Rldsc WHEREAS, thc Company is the owner and dcvcloper of cenain singlc family residcntial homcs (thc "Homes') localcd in a projccl k own as "Maplc Ridge at Avc Maria" in Collicr County, Florida; WHEREAS, thc Board deems it to bc in lhc bcst interest of lhc Company to scll flom timc to lime (cach,8 "Sglg") thc homes pursuanl to a Maplc Ridge !t Ave M8rir Purclrase Conlract (thc "AgIgg4gq!') by and bctwcen the Compa-ny, as scllcr, 8od cach of the buycrs pany hcrcto (lhc "Purchaser"). NOW, THEREFORE, BE IT RESOLVED, that thc Prcsident or any Vice Prcsidenl of the Compony (the "nulhorizcd Reorcsenhlivc") bc, and hcreby is, authorizcd and empowcrcd to cxc'cutc snd dclivcr, on bchalt of the Company, nny and all documcnts rcquired in 16.A.8.b Packet Pg. 923 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) connection with coch Salc, including, without limitation (a) Moplc Ridgc ol Avc Maria Purchase Contracl, (b) o Spccial Woronty Deed in favor of Ihc Purchucr, (c) an Ohner's Amdavit, (d) a FIRPTA Affidavit, (c) Termination o[ Noricc of Commcnccmcnq (0 a Closing Stalcmcnq snd (g) such otber documcnls as may be ncccssary to eflecl such Sal. (coll€ctively, ftc "Sqb-P$gmg!!s")i snd be il RESOLVED, that cach Authorized Rcprcsentativc, acting alone, be, ard hcrtby is, authorizcd and dirccted to enter into, execute, md dclivcr thc Sale Documcnts on bchalf of the Company, with such additions, dclctions, or chongcs lhcrcin as such Authorized Represcnl8tivc cxccuting the Salc Documcnts shall opprovc, such approval to be conclusivcly cvidcnccd by the exccution thcrcof, as wcll as to do and pcrform, or cause to bc donc and pcrformcd, all such other acts, deeds and things, ond to mskc, cxscule and dclivcr, or crusc to bc madc, executed ord delivered, all such othcr ogrccmcnls, underlakings, documcnls, instnrmen$ or ccnilicales, for thc Company or thc Company as the casc may be, [5 (he Authorized Rcpresenlativc may dccm neccss$y or oppropriate to cffcctuate or carry out fully thc purpose and inlent ofthe foregoing rcsolutions ard to bc in the bcst inlcrcst of the Company or thc Company (as conclusively cvidenccd by thc toking of such action or lhc cxcrution and delivery of such agrccmcnts, undcnakings, documcnts, instruments or ccrtificstcs, as the casc may be, by or undcr thc dircction of rny outhorized agcat), snd th8( sll [cis, deeds and lhing: heretofore done or pcrformed by fte ogcnts of thc Company in connection rvith each Sale bc, and hcrcby orc, approved, ratifled and conlirmcd in all respects ond shall corlstitute thc scG Bnd obligations of the Company, inespc-ctive of *'hethcl such octs or documents wcrc pcrformed bcfore or subscqucnt to thc dale of tll€ adoption thereof; and bc it furt-hcr RESOLVED, that this Conscnt may bc crccuted in any numbcr of counlcrporls snd b)'thc scparatc parlics hcrcto in scpard(e countcrpsG, csch of rvhich shall bc dccmcd to bc onc and the samc instrumcnt; and be it furrhcr RESOLVED, thst this Collsent shall continuc in full forcc and cfFecl ond may be relicd upon by cach Purchaser and its titlc insuronce undcrwritcr until rcccipt oI a wdtlcn nolicc of any change herein. [Signoturcs on following page] 16.A.8.b Packet Pg. 924 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B) \\rittcn The ufidersigned havc hereby excsuted this Consent as ofthe dalc frrs! obovc BOAU) OT'DIRECTORS: Cablc Gragg Coguen 16.A.8.b Packet Pg. 925 Attachment: Bond Basis (27106 : Excavation Bond Release - Maple Ridge at Ave Maria Phase 7B)