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Agenda 04/23/2024 Item #16A 6 (Release of a Performance Bond for work at Avalon Park Phase 4)04/23/2024 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $191,480, which was posted as a guaranty for Excavation Permit Number PL20210000630 for work associated with Avalon Park Phase 4. OBJECTIVE: To release a security that was posted as a development guaranty. 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. The Performance Bond was posted as security for an Excavation Permit associated with Avalon Park Phase 4. The As-Built lake cross sections have been received, and the lakes were inspected on February 28, 2024, by the Development Review Division. FISCAL IMPACT: Performance Bond securities are held as a development guaranty 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 in the amount of $191,480. 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, Development Review Division ATTACHMENT(S) 1. Location Map (PDF) 2. Bond Basis (PDF) 16.A.6 Packet Pg. 273 04/23/2024 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.6 Doc ID: 28280 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $191,480, which was posted as a guaranty for Excavation Permit Number PL20210000630 for work associated with Avalon Park Phase 4. Meeting Date: 04/23/2024 Prepared by: Title: Technician – Development Review Name: Lucia Martin 03/07/2024 12:23 PM Submitted by: Title: Environmental Specialist – Name: Jaime Cook 03/07/2024 12:23 PM Approved By: Review: Development Review Brett Rosenblum Other Reviewer Completed 03/08/2024 10:12 AM Engineering & Natural Resources Jack McKenna Other Reviewer Completed 03/13/2024 2:19 PM Transportation Management Operations Support Evelyn Trimino Other Reviewer Completed 03/15/2024 4:55 PM Operations & Regulatory Management Michael Stark Other Reviewer Completed 03/22/2024 10:56 AM Growth Management Community Development Department Diane Lynch GMD Approver Completed 03/22/2024 4:15 PM Unknown Jaime Cook Division Director Completed 04/02/2024 12:56 PM Growth Management Community Development Department James C French Growth Management Completed 04/09/2024 10:52 AM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 04/12/2024 11:22 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 04/12/2024 11:59 AM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 04/12/2024 3:01 PM Office of Management and Budget Laura Zautcke OMB Reviewer Completed 04/15/2024 8:44 AM County Manager's Office Geoffrey Willig Level 4 County Manager Review Completed 04/15/2024 10:01 AM Board of County Commissioners Geoffrey Willig Meeting Pending 04/23/2024 9:00 AM 16.A.6 Packet Pg. 274 AVALON PARK PHASE 4 LOCATION MAP 16.A.6.a Packet Pg. 275 Attachment: Location Map (28280 : Excavation Bond Release - Avalon Park Phase 4) THIS EXCAVATI(na4/f),204 EXCAVATION PERFORMANCE AGREEMENT oN PERFORMANCE AGREEMENT entered into this l?M oay of between Pulte Home Company, 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. PL20210000630 (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"). Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $ 191.480.00 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 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. 4 5 o 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 thisAgreement, upon certification. of such failure, the County Maiager or Aesigneemay call upon the excavation performance security to secure satisfaitorycompletion, repair and maintenance of the Excavation work. The Board shal havethe right to construct and maintain, or cause to be constructed or maintained,pursuant to public advertisement and receipt and acceptance of bids, the 1. 2. 3. 16.A.6.b Packet Pg. 276 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) 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, Iegal 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 herean 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 t?hday of (Y1f'..(t.-.t ,20 Zl . SIGNED IN THE PRESENCE OF Pa,*/, ul-.c-. 7 Sign t)r>r", Printed Name Sign Crystal K. Kinzel, CLERK Clerk of the Circuit Court & Comptroller Coliier County, Florida oved as to fo nd legality D Derek D. Pcrry Assistant County Attorney Michael Huenikeni VP of Land Development Printed Name/Title (President, VP, or CEO) Provide Proper Evidence of Authority) BO OF By: ARD OF COUNTY COMMISSIONI]RS COLT,IER COTJNTY ,%:ry- LZ4- as designee ofthe County Manager pursuant to Resolution No. 2015-162 Printed Name ATTEST: 4 /-.'7r/.2' L-- By: 16.A.6.b Packet Pg. 277 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) Rond r0800794 PERFORMANCE BONO FOR EXCAVATION WORK KNOW ALL PERSONS BY THESE PRESENTS: that PulLe Home ComPanY' I-LC 2431I Walden Center Drive' Suite 300 Bo4ita Slrings EL 34134 (hereinafter refened to as "Owns/') and Harco National Insurance ComPany 702 Oberlin Road, Raleigh, NC 27605 (NAME OF SURETY) (ADDRESS/TELEPHONE NUMBER OF SURETY) (hereinafter refered to as "Surev') ar€ held and firmly bound unto Colli€r Counly, Floida, (heroinafter rgfened to as "County") in the total aggregate sum of -:- Dollars I 91.480.00 ) in laMul money of the United States, for lhe paym€nt of which sum well and tuly to be made, we bird oursetoes, our heirs, executors, administrators, successors and assigns, jointiy and severally, llrmly by th€se presents. Owner and Surety are used for singular or plural, as the context r€quires. "oNE HUNLIRI]D NINLfY oNll rIIousAND IOUR HUNDREI) E]GHTY A\-D 00/100 THE CONDITION OF THIS OBLIGATION ls such that wh€reas, the Owner has submitted for approval by tha Board a cerlain oxcavalion p€rmit no.l!]!.1!9lg- and that cartain excavation pormit shall include specific improvements whlch are requirod by Collier County Ordinances and Resolutions (hereinatter "Land Development Regulations'). This obligation ofthe Surety shall commence on the dato thas Bond is executod and shall continue untll the date of complstlon ot the work and approval by the County ol the specific improvements described ln th6 Land DBvelopment Regulations (hereinafter th6 "Guaranty P€rbd") or until replaced by a new bond in lhe event o1 a change of Ownership. NOW, THEREFORE, if ths Ownar shall well, truly and failhfully perform its obligatlons and duties in accordanca with ths Land Oevdopm€nt Regulations during the guaranty period established by the County, and the Owner shall satisi/ all claims and damands incurred and shall fully indemnifu and save harmless th6 County rrom and against all costs and d8meg€ which it may oufrer by reason of Own6/s failure to do so, and shall reimbursa and rBpay the County all outlay and expense which lhe County may incur in making good any d6fault, then this obligatlon shall b€ void, otherwise to remain in full force and effect. PROVIDED, FURTHER, lhal the said Surev, for value received hereby, stipulates and agrees that no chang€, extension of time, alteration, addltion or deletion to the proposed spocific inprovements shall lfl any way affec{ its obligatlon on this Bond, and it does h€reby waive nolice of any such chang€, extension of tim€, alteration, addilion or deletion lo the proposed specmc improvements. PROVIDED FURTHER, that lt is oxpressly agr€6d that ths Bond shalt be deemsd amonded automatically and lmmediately, without fotmal and soparate amendmBnB hsreto, so as to bind the O ner and the Sur€ty to the full and falthful perrormance in ac@rdancs with lhe Land Devebpmant Regulations. The term Tmendment," whersver used in this Bond, and wh€th€r ref€ning to this Bond, o{ otherdocuments shall include any alteration, addition or modmc€tion of any charactor rilhatso€ver. lN WITNESS WHEREOF, the parti€s hareto have caused this pERFORMANCE BOND lo b6 executedthis 8d1 day of April,202l WITNESSES:(Owner Name and Title if Corporation) a'1 By SEE A'I'TACHED SIGNATURE PAGE Fb"r") ted Neme 6, s.D. Bryce Langen, VP & TrcasurerPrin Prin Name Printed Name/fitle IProvide Proper Evidence of Authority) [1s-rrs{r564/rt93600/1] .& 16.A.6.b Packet Pg. 278 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) thexecuted this day of 2021 l,^l+,l-Je PRINCIPAL It BY: D. Bryce , VP & Treasurer Notary Attached t.) 16.A.6.b Packet Pg. 279 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) STATE OF couNTY oF-rr,r.roN Notary Public - State of __!l)BsJt- Na Shirley E. Hut ACKNOWLEDGEMENT Har.o Nationall nsur'an.e (lom Iamcs i. M ttorn€Y-i -Fact Gr.roRailA THE FOREGOING PERFORMANCE BONO WAS ACKNOWLEDGED BEFOREME BY MEANS OF E PHYSICAL PRESENCE OR E ONLINE NOTARIZATION THIS STH DAY OF APTiI , 20_L BY ,D. I]ryce Lxngc. _ AS ]-:":"... , OF puttc irt,nrc (:ompan),l.Lc ) WHO lS PERSONALLY KNOWN TO ME, OR HAS PRODUCED AS IDENTIFICATION. J"-.*^L WITNESSES: Ditrnc Rubright Printed Name (Surety Name and Title if Corporation) BY: | ..r'-r-!-t .Ii-..-\,.,-...FL License No. AI8ll00Printed Name/title K"ttil. G;ia*' Printed Name (Provide Proper Evidence of Authority) ACKNOWLEDGMENT STATE OF Illinois COUNW OF outlage THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEF El pnvstcar pRESENcE oR floNLtNE NorARrzATtoN THrs srr, ORE ME BY MEANS OF DAY OF Auril 20 )\ , BY (NAME OF ACKNOWLEDGER) AS PERS ONALLY KNOWN TO M E, OR HAS PRODUCED (flTLE) hnnsell Name Alexa (lostello r4.EIS-02650 ? oF (NAME OF COMPANY) WHO lS AS IDENTIFICATION, (sEAL) SHIRTEYE HUTCHlNS Nolary PLrb ic - Slale oi Georgra Fulton CounlY lry Commission Expires [rar 18,2022 I15- L 05{ 1664/! 153600/rJ Notary Public - State of Il,in. ,. Lri/o+a lr.,rhllr 16.A.6.b Packet Pg. 280 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) POWER OF ATTORNEY HARCO NATIONAL INSURANCE COMPANY INTERNATIONAL FIDELITY INSURANCE COMPANY Member companies o,IAT lnsurance Group, Headquartered: 702 Oberlin Road, Raleigh, North Carolina 27605 Bond # 0800794 Princlpal Pulte HomeS CompanV, LLC oblisee Collier Countv, Florida KNOW ALL MEN BY THESE PRESENTS: Thal HARCO NATIONAL INSURANCE COMPANY, a corporation organized and existing under the ,aws of the State of lllrnois, and INTERNATIONAL FIDELITY INSURANCE COMPANY, a corporalion organized and existing under the laws of the Slale of New Jersey, and having their principal offices located respeclively in lhe cities of Rolling Meadows, lllino s and Newark, New Jersey, do hereby conslilule and appoinl James l. Moore lN wITNESS WHEREOF. HARCO NATIONAL INSURANCE CoMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY have each executed and attesled ihese presents on this 2nd day of June 2o2o their lrue and lawful atiomey(s)-in-fact to execule, seal and deliver for and on its behalf as surely, any and all bonds and undertakings, conlmcts of indemnity and other writings obligalory in the nalure thereof, which are or may be allowed, required or permitted by lau slatute, rule, regLrlation, contracl or olherwise, and the execution of such inslrument(s) in pursuance of lhese presenls, shall be as binding upon the said HARCO NATIONAL INSURANCE COMPANY and II{TERNATIONAL FIDELITY INSURANCE COMPANY, as fully and amply, to all intenls and purposes, as ifthe same had been duly executed and acknowledged by their regulady elected ofllcers at their principal offices. This Power ofAllorney is executed, and may be revoked, pursuant Io and by aulhority of the By-Laws of HARCO NATIONAL INSURANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY and is granled under and by aulhodty of lhe following resolution adopled by the Board ol Oirectors of INTERNATIONAL FIDELITY INSURANCE COiTPANY at a meeting duly held on the 20ih day of July, 20'10 and by the Board of Directors of HARCO NATIONAL INSUFTANCE COMPANY al a meeting held on the 13th of December, 2018 "RESOLVED, lhat (1)the Chief Executive Officer. President, Executive Vice President, Vice President, or Secretary of the Corporation shall have lhe power to appoint, and to revoke lhe appointments of, Attorneys-in-Fact or agents with power and authority as defined or limited in lheir respective powers of attorney, and to execule on behalf of the Corporalion and affix the Corporation's seal thereto bonds, undertakings, recognizances, contracts of indemnity and other written obligations in lhe nature thereof or related thereto; and (2) any such Ofllcers of the Corporation may appoint and revoke the appointments of joint-control cuslodians, agenls for acceptance of process, and Altomeys-inJaci with authority to execute waivers and consents on behalfofthe Corporation; and (3) the signature of any such Otflcerof the Corporation and lhe Corporation's seal may be afiixed by iacsimile to any power of atlorney or ceriification given for the execution of any bond, undenaking, recognizance, conlract of indemnity or other written obligation in the nature thereof or related thereto, such signature and seals when so used whelher heretolore or hereafter, being hereby adopted by lhe Corporation as the original signature ol such officer and the original seal of lhe Corporation, to be valid and binding upon the Corporation wilh the same force and effect as thouqh manually afllxed." STATE OF NEW JERSEY County of Essex uLa-- STATE OF ILLINO County of Cook Kenneth Chapman Executive Vice Presidenl Harco Nalional lnsurance Co and lnternalional Fidelity lnsurance Company mpany ing instrumenl, lo meOn this 12th day of May 2o2o , before me carne the individual who executed the preced being by me duly swom, said he is the there n described and authorized ofrlcer of HARCO NATIONAL INSI.JRANCE COMPANY and INTERNATIONAL FIDELITY INSURANCE COMPANY; lhat the seals affixed to said inslrument are the Corporale Seals of said Companiesi that.the said Corporate Seals and his signature were duly affixed by order of the Boards of Directors of said Companies. lN TESTIMONY WHEREOF, I have hereunlo set my hand afllxed my Officiat Seat, at the City of Newark, New Jersey the day and yearfirst above written. __- t' . "t "ts ^ tt -: ''liril,'i=N Shirelle A. Ouley a Notary PublicofNew Je.sey My Commission Expires Apfl 4 ZO23 CERTIFICATION l, lhe undersigned officer of HARCO NATIONAL INSURANCE CoMPANY and INTERNATIONAL FtDELITY TNSURANCE coMpANy do hereby certify that I have compared the foregoing copy ofthe Power ofAttomey and affidavit, and lhe copy otthe Sections of lhe By,Laws of said Companies as set forth in said Power of Attorney, with the originals on file in the home office of said companies, and that the same are correct transcripts thereof, and ofthewhole oflhe said o.iginals, and that the said Power ofAttorney has not been revoked and is now in fullforce and effect. lN TESTII4ONY WHEREOF, lhave hereunto set my hand this Brh day ol Apnt.2a21 C-t-ka VER2 2/20r9 e'POA S nsle-PrincipalObrigee lrene Marlins, Assislant Sec.etary <]n-,.b A. 16.A.6.b Packet Pg. 281 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) Prepared by and retum to: Scott Clements Area General Couns€l Pulte Home Company, LLC 2301 Lucien Way, Suite'155 Maitland, Florida 32751 AFFIDAVIT STATE OF FLORIDA COUNTY OF ORANGE Peter Keane Brian Yonaley Rich McCormick Anthony L. Schutt Naoml Roberlson Daniel Bryce Langen Gregory S. Rives Michael Woolery Steven Gust Glenn Hasenfus Mike Hueniken Scott Brooks Keith Stewart Joshua Graeve Wes Copeland Travis Hucks Scott Clements Micha€l Blake Lapinsky Craig Russo Justin Wood Area President (Florida) Area Vice President - Finance (Florida) Division President (Southwest Florida) Vice President - Operations (Southwest Florida) and Vice President - Finance (Southwest Florida) Oirector - Finance (Southwest Florida) Vice President - Finance and Treasurer Assistant Treasurer Vice President - Land Acquisition (Southwssl Florida) Director - Land Acquisition (Southwest Florida) Director - Land Acquisition (Southwest Florida) Vice President - Land Development (Southwest Florida) Director - Land Development (Southwest Florida) Vice Presid6nt - Construction Operations (Southwest Florida) Vice President - Sales (Southwest Florida); and Assistant Secretary (North Florida, West Florida, Southeast Florida, and Southwest Florida) Vice President - Purchasing (Southwest Florida) Director of Product (Florida Zon6) Vice President and Assistant Secretary Assistant Secretary (North Florida, West Florida, Southeasl Florida, and Southwest Florida) Assistant Secretary (North Florida, West Florida, Southeast Florida, and Southwest Florida) General Sales Manager (Southwsst Florida) and Assistant Seffetary (No(h Florida, West Florida, Southeast Florida, and Soulhwest Florida) Additionally and specifically, Naomi Roberlson, as Director - Finance; Justin Wood, as General Sales Manager; Ella Fleming as Division Controller; and Laura Ray, Ghrlsticia Marconi, Joann Frazier, Ashley Sherrill, Maleine Beltran, and Cindl Diekelmann, in their respective capacities as Closing/Homebuyer Coordinators, have been duly authorized to execute (i) contracts for the sale of residential homes or lots to consumers (not to another busin€ss), and (ii) deeds of conveyance and all other documents that are relevant or incident to the sale and closing of residential homes or lols to consumers (not to another business), including any mortgage-related documents, such as buydown agreements or other relevant documents, on behalf of the LLC, and such documents, properly executed by such individuals on behalf ofthe LLC, are binding upon the LLC. Further, Deniel Bryce Langen, as vice President-Finance and Treasurer, and Gregory S. Rives, as Assistant Treasurer, have been and are duly authorized to execute bonds and any other bond-related documents on behalf of the LLC, and such documents, properly executed on behalf of the LLC are binding upon the LLC. FloorpslsERl€9al\Cosbnlim\Fdms\Aulttciyrsla/F PHC 012021 (tuI).doc BEFORE ME, the undersigned officer authorjzed to administer oaths, on this day personally appeared Scott M. clements, who upon being duly sworn, deposes and says: 1 . He is over the age of eighteen (1 8) years and has personal knowledge of the facts stated herein. 2. I-le is Area General Counsel, Vice President, and Assistant Secretary of Pulte Home Company, LLC, a Miclrigan limited liability company (lhe "LLC"), successor by conversion of Pulte Home Corporation, a Michigan corporation, which has never been dissolved. 3. The individuals identified below havs been duly authorized lo exacute documents on behalf of the LLC in accordance with the Signing Power Resolutions adopted by the LLC as of January 1, 2017, cunently in effoct and attached hereto in pertinent part as Exhiblt "A" (ths "Signing Powers Resolution'), and such documents, properly executed by the individuals identified below, on behalf of the LLC are binding upon the LLC: 16.A.6.b Packet Pg. 282 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) 4. The Signing Powers Resolution, Paragraph C., RESOLUTIONS, l-V, Vll, and Vlll, identifres certain titles in the Diyision Specillc Signing Power sections, which titles are clarified and shall correspond as set forth below: A. Omission of the words "Gulf Coast,' "North Florida,' "West Florida," "Florida," "Southeast FIorida" or "Southwest Florida" after an officer's name does oot constitute improper, incomplete or inconect execution and does not affect or limit the authority of the otherwise duly authorized officer in any B. Division VP/Director of Finance shall mean either a Division-level (i.e., Southwest Floridalevel) Vice President - Finance or a Director of Finance: C. Division VP/Director of Land DevelopmenuAcquisition shall mean either a DivisionJevel (i.e., a Southwest Florida-level) Vice President - Land Development or Vice President - Land Acquisition; or either a Director of Land Oevelopment or a Director of Land Acquisition; D. Division VP/Director of Construction Operations shall also mean either a Division-level (i.e., Southwest Florida-level) Vice President - Construction Operations or a Director of Construction Operationst E. Division/Project Controller shall also mean either Division Controller or Prdect Controller; F. Division VP of Sales shall also mean Vice President - Sales. The LLC is not now and has never been a debtor in a bankruptcy proceeding during lhe existence of the LLC. This Affidavit is given for the purposes of evidencing incumbency and authority of the employees named above and pursuant to the provisions of Section 689.045, Florida Statutes. ,ff'LL" Scott M. Clements Swom to and subscribed before me Oy means oi X pnysical presence or - online notarization ,n 8t* of 5 6 PU ome Com .L 2021, by Scott 14. Clements, Area General Counsel, Vice President, and Assistant Secretary of LC, a [.4ichigan limited liability company, on behalf of the LLC, who is personally known to me. Prin N lly V Notary P Commis o.: G Commission Expires : 0 1 I 2312024 . Costantino of Florida G929396 #KELLY V. COSIANTINO Commisrion I GG 9293!6 ErDrros January 23, 2024 8od!d Tlvu h, Fdn lns6n'e 80G38t7019 f :\Gr@ps\SERLegaflCosta.!rc\Fo,mslAulho.ily\SwF ptic 01 202 j (tuI).d6 16.A.6.b Packet Pg. 283 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) EXHIBITA SIGNING POWER RESOLUTIONS FrcroupslsERtegsfi Clst. ino\Foins\Aulrbrirgsvw pHC O I ZOA1 (tun).&c 16.A.6.b Packet Pg. 284 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) CERTIFIED RESOLUTIONS OFTHE BOARD OF DIRECTORS OF PULTE HOME COMPANY, LLC I, Scott M. ClemenLs, herby certi$ that I am a duly elccted and acting Assistant Secretary of PULTE HOME COMPANY, LLC, I limited liability company aut]rorized ard eristing under the laws of the State of Michigan; that attached is a true copy of the resolutions sdopted by the Board of Directors ofthe limited liability company to be effective January l, 2017; and that such resolutions have not been rescinded or modified, and do not contrayene any provisions of tlre Articles of Organization or Operating Agrcerncnt of said limited liability company. IN WITNESS WHEREOF, I have here unto set my hand this 3d day of January,20l7. d'k Scott M. Clements, Assistant Secretary STATE OF FLORIDA COUNTY OF ORANGE On January 3,2017, before me, Kelly V. Costantino, a Notary Public in and for said State, personally appeared Scott M. Clements, personally known to me lo be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signaturc on the instrumenl fie entity upon behalfofwhich the person acted, executed the instrument. WITNESS my hand and official seal-/.&*^*; Itv ostantino, Notary Public Oran ty, Florida My Commission Expires: 0l/2312020 ) ) ) #KEIY V. COSTlfiIl]lo C0lrnisslon, FF 942099 Ap&as Jlru8ry B,2fA 16.A.6.b Packet Pg. 285 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) PI'LTE HOME COMPAI{Y, LLC SIGNING POWERNTSOLUTIONS A. DEFIMTIONS, As used in lhese rcsolutions: "sjgpi4C-ryi' means the power and autiority to exccute and dcliver an BgrEement, instrument on other document. 'Q9!9gl_$iStrilg_Egwef' means signing power rclating to the ordinary course of busincss of PULTE HOME COMPA].[Y, LLC (the "Cqnpsry") generally, without restrictioo to a particuler Division or pmject, both in 0re Company's own copecity and in any instances where it is the managing psrtner or managing member of ajoint venture (the "Ppftegbip"). 'D!y!S!sL!pE9!!g-$ jSdlS P9E9i' means signing power rclaling only to the ordinary coune of business of a Division ovcr which fte officcr, mon8Bct, or employee in qucstion has msoagement rcsponsibility, both in the Company's own capacity and as managing parlner or managing member of the Partnership, B. PU.RP-OSE. The purpose ofthese resolutions is to establish the signing power ofcenlin employecs of thc Company, both in thc Company's orvn capacity and as managing partner or managing member of lhe Partrrcrship, Copics ofthese rcsolutions may be delivered to titlc companies and othcr partics who rcquire cvidence ofthe signing power ofan employee. No employee of the Company may subdelegate his orher signing power except as cxpressly provided in these rcsolutions by use ofthe words: t'Other title(s) or person(s) designated in writing by . . .", C. RTSOLUTIONS. RESOLVED, that the following officers, managers, or employees of the Company shsll have the General Signing Power or the Division Specific Signing Porver, as indicsred in the cha(s below: EXHIBIT A 16.A.6.b Packet Pg. 286 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) DeveloDment of Reol Proncrtv l. Gencral DevcloomenL Applications, tentstive and finalsubdivision plats and maps, development agr€emcnts, land development agreemcnts, amenib, conbactor sgrcements and all other documents that 6rs relevanl or incident to lhe development of real property in which the Compeny or lhe Partnership has any interest, oiher than documcnts cootemplated in patt VI bclowr Generul Signhry Power Dlvbioa Specilic Signing Power Area PresidentChairman of fte Board Chief Executive Officer Area VP Finance President Area VP Land Executive Vice President Division President Division VPiDircctor FinanceScnior Vicc President Vice President Division VP/Director of Land Development/Acquisirion House Construction Agreeme4i. Conu-actor sgreements, construelioo sgeemenh contracts, purchasc orders, pricing scheiulcs, scopcs ofwork and all olhcr docunrcots lhat sre rclevant or incident to thc constrxction of rcsidential homcs and amenities thereto in whieh the Company or the Pannership hss any i erest, otfier lhsn documcnls contemplated in the immediately abovc this one: Generul Siguittg Power D lv isi o n S p e ciJic I i gn I ng Powet Chairman ofthe Board Area President ChiefExecutive Officer Area VP Finance President Area VP Construc n Operations Executivc Vice President Area Purchasing Direetor Scnior Vice Presidcnt Division President Vice Prcsident Division VP/Director Finance Division VP/Director of Construction Opcrations Division Purehasing Di Sloro Watcr MBnagemEtrl ll. Notices of intent, notices of rermination, stom watcr pollution prcvention plans, reports, certifications or othrr documentation rh8t is rclevant or incidenr to' srorm walei Page 2 of 7 EXHIB!T A 16.A.6.b Packet Pg. 287 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) EXHIBIT A management snd ercsion conllol in thc developmcnt of real propcrty and/or construction of homes io which the Com or thc has intcrcst, Sale qnd ClosinEgf Residcntial Homos or Lols IIt. Contraels for the sale of residential homes or lots to qgpgg5 not to anothcr busincss). Dlvlslon Specific Slgn hry PowerGenerol Slgnlng Power Area PresidentChsirman ofthc Board Chicf Executive Officer Area VP Finance Prcsident Exccutivc Vice President Division President Arca VP Land Senior Vice President Division VP/Dircctor Finance Vicc President Division VP/Director of Land Development/Acquisition Division Storm Watcr Compliance Represenlative General Siguitrg Power D irtki o u Spe c ili c S i g n hry Pover Chairmsn of the Board Area President Chief Executive Officcr Area VP Finance President Division Prcsidcnt Execulivc Vice Prcsident Division VP/Director Finance Senior Viee Prcsident Division Contmllcr Vicc President Division VP of Sales Ceneral Salcs Manager Closing/Homebuyer Coordinator Any ofthe following employees of eithcr Pulte Mortgage LLC: Vice Presidenl Eranch Manager and erttaryAssistant Se lowing employees of eilher Sun City Tirlc Agcnry, lnc. or PGP Title, lnc. or PGP Title of Florids" tnc.: Vice Presidcn! Escrow Manageq Escrow Supervisor, Director-Closing Services, and Titlc Ofticer Any ofthe fol Pagc 3 of7 16.A.6.b Packet Pg. 288 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) IV.Deeds of convcyanec end sll o6er documcnts lhat are relevant or incident to the salc and closing of residcntisl homcs or loG to consumers (no! to another business), including any such as enls or other rclevanl doEuments. Closing ofthe Purchase and Sale ofReal Proneray V. Contracts, deeds and all other closing documens for the purchase or sale ofreal property (orher the sele and ofrcsidcntial homes or lo{s to consu mers). Other title{s) or person(s) designatcd in wriling by cither the Area President or Arcr VP Finance General Signing Power Divisl o n Speclfi c Slgn In g Power Arca PresidentChairman of the Board ChiefExecutive Ofricer Arca VP Finance President Division Prcsidcnt Executivc Vice Prcsident Division VP/Director Finance Division ConlrollerScnior Vice President Division VP of SalesVics Presidenr Ceneral Sales Manager Closin g/Homebuyer Coordinator Any ofthe following cmployecs of eithcr Pulte Mortgsge LLC: Vice Presidcnt and Branch Manogcr Any of thc lollowing cmployees of cithcr Sun City Title Agency, lnc. or PCP Titlc, lnc. or PGP Titlc of floride, loc.: Vice Presideng Escmw Manager, Escrow Supervisor, Director-Closing Scnices, and Title Offic* olhcr ritte(s) or person(s) dcsignaled in writing by either the Area Prcsident or Area VP Financc Genenl Signing Power D ivklo n Sp eclJic Sig ni ng Pawer Chairman of thc Board Ares Prcsident ChiefExccutive Ofricer Arca VP Finance Pruident Area VP Land Page 4 of7 EXHIBITA 16.A.6.b Packet Pg. 289 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) Execurive Vicc President Division President Senior Vice Presidenl and General Counsel ofFinanceDivision Other title(s) or pcrson(s) desigooted in writing by rcsolution(s) ofthe Board of Directors Division VP of Land Developm ent/Acquisition Rcal Prooertv Financing and [,aod BonkinLlransaclioos Vl. Documonls relsted to 8ny ol the lollowing resl propcrty financings and land banking transsctions: Traditional Financing. Loan agreemcnls, securify agreements, promissory noes, deeds oI trust snd all odrr documcnts that are relevant or incident to lhe financing ofthe purchase and/or devclopment of resl property. b. Spccial TBxine District Finsncine. Loan agreements, security agrcements, promissory notes, decds of trusi and all other documcnts snder which the Company or th: Partnership is a party that are relevant or incident to a Speeia! Taxing District Financing (delincd belorv), g$gl.]fup documelts conlcmplated in Guarantees and EnviroDmental lndemnities, "SgiSlfs$!&Dindc!-Ei0g!9iqS" means a financing tkough the issuanee of bonds by a community devclopment district, community facilities disaict, municipal utility dislrict, county or municipsl improvement disfict, l8x incrEmental district or other similor special purpose unit oflocsl government. Ousraniees snd Envirormertsl lndemnities. Guarantees ofpayment or performance ofthe obligations of another erlity (rvhelher in thc form of a payment Buaranty, indemniry or o0rcr documelt), mainlenance or rcmargining guaranlees and environmcntal indemnities in connection with development financing. d. Land Bankine Transaclions, Assignmenb ofconlracts to purchase real property, options to purchase real property, developmcnt agrecments and other documents evidcncing srrangcments with an intermediary, such as a land bankcr, to purchase or develop mal prop€rty. Oeneral Signing Power D lv isi on Specifi c Sig n ing Power Chief Financial Officer of the publicly traded ultimate Parcnt Trcasurer of the publiely tBdcd ultimEtc parent a c Page 5 of7 EXHIBIT A 16.A.6.b Packet Pg. 290 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) EXHIBIT A Licepsca Vtl. Documents neccssary to obDin licenses and dcparlrnsnt oiresl cslstc public rcports or similar documens in Cslifomia 8nd olher states as, withoul !imitatiorL fuizona and Ncvada). CC&Rs VIII. Restrictive covcnonts, conditions, restrictions, eEsemEnts and olftcr similar righls or restrictio$s, commonly known as CC&Rs, affecting rcol propcrty or improvementson rcal property, snd documcnts ralEtinE to CC&R& such as the organizotional documenb for the rclatcd homeowners' or owncrs' associslion. RESOLVED FLJRTHER, that all lawful acts specilically dcscribcd in the immediately prcceding resolution, undertakcn prior lo the adoption oi thcse resolutions, in the company's own capacity or rs managing parher or maneging mcmber of the Pannership, are hercby ratified, confirmEd and adolred by the Compsny. Dbision Spccifc Slgnhry Powet Chairman of the Board Area President ChiefExecutive Officer Area VP Finance Prcsidcnt Arca VP Land Division PresidentExecutivc Vice President Division VP/Director of FinanceSenior Vice President Division VP/Dircctor SalesVice Presidcnt Division VP of Construction Operations Area VP/Division VPiDirector Lan Acquisitiory'Devel General Slgnlng Power Division SpeclJic Slgnlng Power Chairman of the Board Area President Chief Executivc Ofiicer Area VP Finance President Arcg VP Land Executive Vice President Division President Senior Vice Prcsident Division VP/Dircctor Finance Vice President Division VP/-D irector Land Acquis itiory'Developmcnt Page 6 of7 General Signlng Power 16.A.6.b Packet Pg. 291 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4) EXHIBIT A RXSOLVED FURTIIER., that any Signing Power Resolutions or Powers ofAdomey and Orens ofAgency previously issued or adopted by thc Cornpany are hereby terminated, rcvokcd snd superseded in their entirety by these resolutions. Ellcctive as ofJanuary I, 201 7. Page 7 of7 16.A.6.b Packet Pg. 292 Attachment: Bond Basis (28280 : Excavation Bond Release - Avalon Park Phase 4)