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Agenda 06/25/2024 Item #16A 6 (The Clerk of Courts to release a Performance Bond for an Early Work Authorization (EWA) associated with Sandy Lane Assemblage)06/25/2024 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $150,400, which was posted as a development guarantee for an Early Work Authorization (EWA) for work associated with Sandy Lane Assemblage, PL20230015914. OBJECTIVE: To release a security that was posted as a development guarantee. CONSIDERATIONS: The Growth Management Division routinely accepts securities administratively as guaranties for early work improvements pursuant to Section 10.01.02 B of the LDC. The work associated with this security has been inspected, and the developer has fulfilled his commitments. The performance security was posted for clearing and site filling associated with an Early Work Authorization (EWA) for Sandy Lane Final Plat, PL20220006390. This was approved by the Board of County Commissioners on May 14, 2024, and the EWA bond is no longer required. A recent inspection confirmed that the developer has fulfilled the commitments of the EWA. FISCAL IMPACT: There is no fiscal impact associated with this Executive Summary. GROWTH MANAGEMENT IMPACT: Performance Bond securities are held as a development guarantee and released after work is performed. 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 $150,400. Development Review 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. 227 06/25/2024 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.6 Doc ID: 28985 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $150,400, which was posted as a development guaranty for an Early Work Authorization (EWA) for work associated with Sandy Lane Assemblage, PL20230015914. Meeting Date: 06/25/2024 Prepared by: Title: Technician – Development Review Name: Lucia Martin 05/21/2024 3:16 PM Submitted by: Title: Environmental Specialist – Name: Jaime Cook 05/21/2024 3:16 PM Approved By: Review: Growth Management Community Development Department Diane Lynch GMD Approver Completed 05/21/2024 3:58 PM Operations & Regulatory Management Michael Stark Other Reviewer Completed 05/21/2024 4:49 PM Development Review Brett Rosenblum Other Reviewer Completed 05/23/2024 8:32 AM Operations & Regulatory Management Rey TorresFuentes GMCDD Reviewer Completed 05/29/2024 1:52 PM Engineering & Natural Resources Jack McKenna Other Reviewer Completed 05/31/2024 8:07 AM Transportation Management Operations Support Evelyn Trimino Other Reviewer Completed 06/05/2024 9:27 AM Unknown Jaime Cook Division Director Completed 06/10/2024 12:07 PM Growth Management Community Development Department James C French Growth Management Completed 06/11/2024 2:16 PM County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 06/13/2024 5:38 PM Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 06/14/2024 8:38 AM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 06/14/2024 8:48 AM Office of Management and Budget Laura Zautcke OMB Reviewer Completed 06/14/2024 3:56 PM County Manager's Office Ed Finn Level 4 County Manager Review Completed 06/16/2024 6:56 PM Board of County Commissioners Geoffrey Willig Meeting Pending 06/25/2024 9:00 AM 16.A.6 Packet Pg. 228 SANDY LANE ASSEMBLAGE LOCATION MAP 16.A.6.a Packet Pg. 229 Attachment: Location Map (28985 : EWA Bond Release - Sandy Lane Assemblage) EARLY WORK PERFORMANCE AGREEMENT THIS EARLY WORK PERFORMANCE AGREEMENT entered into this 9th day of November, 2023, between Naples Associates Vl, LLLP 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 early work authorization in accordance with the Collier County Land Development Code including but not limited to Section 1O.O j .02.8 (collectively, the "Early Work Regulations"); and WHEREAS, the Early Work Regulations require Developer to post appropriate performance guarantees to ensure compliance with the Early Work Regulations and Early Work Authorization Permit No. PL2O230015914 (the "Early Work 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 Early Work Regulations and the Early Work Permit (the "Early Work"). 2. Developer herewith tenders its early work performance security (attached hereto as Exhibit "A" and by reference made a part hereofl in the amount of $150 400.00 3 4 b ln the event of default by Developer or failure of Developer to complete the Early Work within the time required by the Early Work Regulations and Early Work Permit, Collier County, may call upon the early work performance security to insure satisfactory completion of the Early Work. The Early Work shall not be considered complete until Developer notifies the County that the Early Work is complete and the final Early Work is reviewed and approved by the County Manager or designee for compliance with the Early Work Regulations. The County Manager or designee shall, within sixty (60) days of receipt of notification by Developer in writing that the Early Work is complete, either: a) notify Developer in writing of his approval of the Early Work; or b) notify Developer in writing of his refusal to approve the Early Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County Manager's approval of the Early Work. ln the event Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certiflcation of such failure, the County Manager or designee may call upon the early performance security to secure satisfactory completion, repair and maintenance of the Early 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 Early Work. The Developer, as principal under the early performance security, shall be liable to pay and to indemnify the Board, upon completion of such construction, the final 16.A.6.b Packet Pg. 230 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) 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 have caused this Agreement to be executed by their duly authorized representatives this 9th day of November, 2023. Naples Associates Vl, LLLP, a Florida limited SIGNED lN THE PRESENCE OF: tiabitity timited partnership Sign: By: Naples Vl Corporation, a Florida on, its Partner ,- fr s_---L rr-rfct*ru \. cr{\Jv\ 7 -o Printed Name Printed Name h S4ql.a rtftEST:- @ Gledwfttre€ir@ €otfiert6Iilffihrida legality: Derek D. Perry Assistant County Attorney N. Maria n BOARD OF COUNTY COMMISSIONERS OF IER FLORIDA By: J Cook, Director Development Review Division as designee of the County Manager pursuant to Resolution No. 2015-162 BtA Sign: 16.A.6.b Packet Pg. 231 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) EXHIBIT II A'' Performance Security 16.A.6.b Packet Pg. 232 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) PERFORMANCE BOND FOR EARLY WORK AUTHORIZATIONS Bond No.: 0255684 KNOW ALL PERSONS BY THESE PRESENTS: that Naples Associates Vl, LLLP 1600 Sawgrass Corporate Parkway, Suite 400 Sunrise, Florida 33323 (hereinafter referred to as "Owner") and Berkley lnsurance Company 400 Mount Kemble Ave., Suite 310 N Morristown, NJ 07960 THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board a certain Early Work Authorization Permit No. PL20230015914 and that certain Early Work Authorization 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 completion of the work and approval by the County of the specific improvements described in the Land Development Regulations, or until issuance of a subsequent final development order such as an Site Development Plan (SDP) or Subdavasion Plat and Plans (PPL) (hereinafter the "Guaranty Period")or until replaced by a new bond in lhe event of a change in 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 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 Owner's failure to do so, and shall reimburse and repay the County all outlay and expense which the County may ancur 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 th.e Surety to the full and faithful 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 modification of any character whatsoever. (hereinafter referred to as "Surety") are held and firmly bound unto Collier County, Florida, (hereinafter referred to as "County") in the total aggregate sum of One Hundred Fiftv Thousand Four Hundred Dollars and Zero Cents ($150.400.00) in lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. Owner and Surety are used for singular or plural, as the context requires. 16.A.6.b Packet Pg. 233 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) lN WTNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this gth day of November, 2023 WITNESSES Naples Associates Vl, LLLP, a Florida limited liability limited partnership /fu[flE-,-^By: Naples Vl Corporation, a Florida CO its general partnervpriil$"*..--L'rIPess-..,Name By fohn Ltl,r+ who is personallv known to ma or who has produced who did/did not take an oath. Nota ry Publi of fl riz N. Maria Menendez, Vice President as identification and (SEAL) re Pri Name ACKNOWLEDG EM ENT STATE OF Florida COUNTY OF Broward a ay of 2023, by N. Maria Menendez,as Vice P sident of Naples Vl Corporation, a Florida corporation, the general partner of Naples Associates Vl, LLLP, a Florida limited liability limited partnership, on behalf of said corporation and partnership, The foregoing instrument was online notarization this Lt\a edg ed before me by means or {physical presence or ! 'ffi JEFFREY ASPEI Cq CdflnMnrBH$6 ErDh.s Jnw, A,41, Printed Name 16.A.6.b Packet Pg. 234 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) 6OlllF4 WITNESSES:lnsurance Com Auth ignaturer Printed Name: Taylor Rosenhaus 0eF Printed Name: Christian Collins [u,r.e"t- \*ont- SURETY: By: Dale A. Belis [\ Printed Name Attorney-ln-Fact and Florida Resident Agent Title ACKNOWLEDGMENT STATE OF Florida COUNTY Or Palm Beach THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME BY MEANS OF eHvstcAl PRESENCE OR tr ONLINE NOTARTZATTON TH|S gth DAy OF November,2023, By Dale A. Belis AS Attorney-ln-Fact OF Berkley lnsurance Company WHO lS PERSONALLY KNOWN TO ME, OR HAS PRODUCED OF N/A AS IDENTIFICATION. Notary Public - State of Florida (sEAL) Printed Name I 4-EIS-026s0/7 .rlii,Z:,. KAILEE STONEj:fl$*ti Notary Pubtic - statc of Florida '?f#Hf.:j *, t?fl#il'lii,l"l iifi : il,, EonCed through National Notary A55n. 16.A.6.b Packet Pg. 235 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) EXH!BIT IIB'' Signing Authority 16.A.6.b Packet Pg. 236 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) DrvrsroN oF CoRPoRATToNS *$y.* r:i)i,',i i,?*,,', r t t t | ) #lp;';i!l'l:l!,;;ill.,'1i!t11i,!11;1;t.,.,;1, Depirtmed-A[S1Ale / Division of CorpelalAls / Search Records / Search bv Entitv Name / Detail by Entity Name Florida Profit Corporation NAPLES VICORPORATION Filing lnformation Document Number P20000O54372 FEUEIN Number 85-2333265 Date Filed 0712212020 State FL Status ACTIVE Princips!-Aslc!rcss 1600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Mailing Address 1600 SAWGRASS CORPORATE PARKWAY SUTTE 400 SUNRISE, FL 33323 lggistered Agent Name & Address HELFMAN, STEVEN M, ESQ 1600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Officer/Di rector Detai I Name & Address Title P Ezratti, Misha J 1600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Title VP, AS Fant, Alan J. 1600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Title VP 16.A.6.b Packet Pg. 237 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) DtvrsroN oF CoRPoRAT|oNS ,)", ;Flit;ryirorg'- AepAdnngolSlslalc / Division of CorBeIEtAlS / Search Records / Search by Entiry Name / Detail by Entity Name Florida Limited Partnership NAPLES ASSOCIATES VI, LLLP Filing lnformation Document Number A20000000279 FEUEIN Number 85-2678109 Date Filed 0712412020 State FL Status ACTIVE Last Event CORPORATE MERGER Event Date Filed 0310112022 Event Effective Date NONE Principalldclress 1600 SAWGRASS CORPORATE PKWY STE 4OO SUNRISE, FL 33323 Mailing Address 1600 SAWGRASS CORPORATE PKWY STE 4OO SUNRISE, FL 33323 Registered Agent Name & Address HELFMAN, STEVEN M 1600 SAWGRASS CORPORATE PKWY STE 4OO SUNRISE, FL 33323 General Partner Detail Name & Address NAPLES VICORPORATION 1600 SAWGRASS CORPORATE PKWY STE 4OO SUNRISE, FL 33323 Annual Repprlg Report Year 2021 2022 2023 Filed Date 04t28t2021 02t23t2022 04t04t2023 Document lmaoes 16.A.6.b Packet Pg. 238 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) Nonrvalk, Richard M. 1600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Tltle VP, T Menendez, N. Maria ,I600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Tltle VP Arkin, Richard A. 1600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Title S Helfman, Steven M. 1600 SAWGRASS CORPORATE PARKWAY SUITE 4OO SUNRISE, FL 33323 Annual ReportlE Report Year 2021 2022 2023 Filed Date 04t26t2021 0310112022 04t11t2023 Document Imaggg O4l11/2023 - ANNUAL REPORT O3/01/2022 -. ANNUAL REPORT 04126/202,1 -- ANNUAL REPORT 07i22l2020 - Domestic Profit View image in PDF format Mew image in PDF format View image in PDF format View image in PDF format Florida CPpanment of Stat€, Divisloi of CorporaLions 16.A.6.b Packet Pg. 239 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) EXHIBIT'C" Opinion of Probable Cost 16.A.6.b Packet Pg. 240 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) ,6 RoBAU &ASSOCTATES SANDY LANE ASSEMBLAGE SDP EARLY WORK AUTHORIZATION REQUIRED REVEGETATION BOND SUMMARY COLLIER COLTNTY PROJECT NUMBER: PL20220006390 REVEGETATION BOND CALCULATION SCHEDULE ACRES TO BE CLEARED COST PER ACRE TOTAL COST 75.2 s 2,000.00 $ 150,400.00 PER LDC Chapter 10.01.02 B.2.g A vegetation bond in the form of a performance bond, letter of credit, or cash bond and in the amount of $2,000.00 per acre is posted for stabilization with vegetation in accordance with LDC section 4.06.04 A.3; Matthew W. DeFrancesco 2023.10.13 15:02:03 -04'00' This item h6 b€en electronically signed and sealed by Matthew W. DeFmncffo, Professional Engineer Using a SHA Authentication Code. Printed copies of this dNurent are rct considqed signed and saled and the SHA Authentication Code must be verified on ay elemonic copies. 1011212023 l:14 PM XlShared\P\02 l -00-001 Sandy Lane Assemblage\ASXX_EWA Prep\Reveg Bond.xlsx No. 8€6a0* STATE OF 16.A.6.b Packet Pg. 241 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage) No. Bl-492e-el POWER OF ATTORNEY BERKLEY INSURANCE COMPANY WILMINGTON, DELAWARE NOTICE: The warning found elsewhere in this Power of Attorney affects the validity thereof. Please review carefully. KNOW ALL MEN BY TFIESE PRESENTS, that BERKLEY INSURANCE COMPANY (the "Company"), a corporation duly organized and existing under the laws of the State of Delaware, having its principal office in Greenwich, CT. has made, constituted and appointed, and does by these presents make, constitute and appoint: Brett Rosenhaus or Dale A. Belis of Acrisure, LLC tlbo Nielson, Rosenhaus & Associates of Delray Beach, FZ its true and lawful Attorney-in-Fact, to sign its name as surety only as delineated below and to execute, seal, acknowledge and deliver any and all bonds and undertakings, with the exception of Financial Guaranty Insurance, providing that no single obligation shall exceed One Hundred Million and 00/100 U.S. Dollars (U.S.$100,000,000.00), to the same extent as if such bonds had been duly executed and acknowledged by the regularly elected officers of the Company at its principal office in their own proper persons. This Power of Attorney shall be construed and enforced in accordance with, and govemed by, the laws of the State of Delaware, without giving effect to the principles of conflicts of laws thereof. This Power of Attorney is granted pursuant to the following resolutions which were duly and validly adopted at a meeting ofthe Board of Directors ofthe Company held on January 25,2010 RESOLVED, that, with respect to the Surety business written by Berkley Surety, the Chairman of the Board, Chief Executive Officer, President or any Vice President of the Company, in conjunction with the Secretary or any Assistant Secretary are hereby authorized to execute powers ofattorney authorizing and qualifuing the attorney-in-fact named therein to execute bonds, undertakings, recognizances, or other suretyship obligations on behalf of the Company, and to affix the corporate seal of the Company to powers of attorney executed pursuant hereto; and said officers may remove any such attorney-in-fact and revoke any power ofattorney previously granted; and further RESOLVED, that such power of attorney limits the acts of those named therein to the bonds, undertakings, recognizances, or other suretyship obligations specifically named therein, and they have no authority to bind the Company except in the manner and to the extent therein stated; and further RESOLVED, that such power of attorney revokes all previous powers issued on behalf of the attorney-in-fact named; and further RESOLVED, that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any power ofattorney or certification thereofauthorizing the execution and delivery ofany bond, undertaking, recognizance, or other suretyship obligation ofthe Company; and such signature and seal when so used shall have the same force and effect as though manually affixed. The Company may continue to use for the purposes herein stated the facsimile signature of any person or persons who shall have been such officer or officers ofthe Company, notwithstanding the fact that they may have ceased to be such at the time when such instruments shall be issued. IN WTINESS WHEREOF, the Company has corporato seal hereunto afExcd this zs$r day of causcd these preseots -be sipcd and attested by its appropriate ofEcars and ils Atcst:Iasurance By 2020 sl.,\1. Executive Vicc Pre.sidcnt & Secretary STATE OFCONNECTICUT ) ) ss: COT]NTY OFFAIRF'IELD ) Swora to before me, a Notary hrblic in $g $t tr of Connecticu! this zsm day of 2o2o , bY Ira S. Ledcrman and Jc&ey lv{- H8ffcr v&o are sworn to rDc to b tLe Exeqtive Vice aod Se,nior Vice Prcsident, respectively, of Berkley Insuraoce Compaoy llARlA C Rlnrf,)BAXEi NOTARY PUBI IC coNr{EcTlcuT Public, State Connccticut CERTIFICATE I, thc undenigned, Assistmt Socretary of BERICLEY INSTIRANCE COMPANY, DO HEREBY CERTIFY 6ar dre fiiue, correct and completc copy of the origioal Power of Atomey; that said Power of Attorney has not boen adborify of the Attomey-in-Fact set fortt therein, who exccr-ted tle boud or is io fuil forcc and effect as of this datc.g0RP lrY@MMrssroN ExPlRel APf{r- 30. 20e{ my hand and seal of the Compaoy, d''is 9th day of Vinccut P. Forte to 16.A.6.b Packet Pg. 242 Attachment: Bond Basis (28985 : EWA Bond Release - Sandy Lane Assemblage)