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Agenda 01/14/2025 Item #16A 1 (Clerk of Courts to release the Utility Performance Security (UPS) for Jasper Flats, PL20230008506)1/14/2025 Item # 16.A.1 ID# 2024-2203 Executive Summary Recommendation to authorize the County Manager, or designee, to release the Utilities Performance Security (UPS) in the amount of $35,477.63 to the Project Engineer or Developer’s designated agent for Jasper Flats, PL20230008506. OBJECTIVE: To have the Board of County Commissioners, as Ex-Officio Governing Board of the Collier County Water-Sewer District, authorize the County Manager, or designee, to release the Utilities Performance Security (UPS) in the amount of $35,477.63, in accordance with the Collier County Utility Standards and Procedures, Ordinance No. 2004-31, as amended. CONSIDERATIONS: 1. On October 24, 2023, the Board of County Commissioners granted final acceptance of utilities in Jasper Flats. 2. Per Utility Ordinance 2004-31, when the actual cost of construction of the utilities being conveyed to the County exceeds $100,000, the developer must post a 10% Utilities Performance Security (UPS) for the duration of the one-year warranty period, which begins on the BCC approval date. 3. The one-year warranty period expired on October 24, 2024, and the Utilities Performance Security (UPS) in the amount of $35,477.63 can be released. FISCAL IMPACT: Performance bond securities are held as a development guaranty 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 RECOMMENDATIONS: To authorize the County Manager, or designee, to release the Utilities Performance Security (UPS) in the amount of $35,477.63. 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 ATTACHMENTS: 1. Location Map 2. Utility Cash Bond Page 1501 of 6405 JASPER FLATS LOCATION MAP Page 1502 of 6405 Collier County Growth Management Division 2800 Horseshoe Drive N. Naples, FL 34104 239-252-2400 RECEIPT OF PAYMENT Receipt Number:20231090995 Transaction Number:2023-046668 Date Paid:05/26/2023 Amount Due:$35,477.63 Payment Details:Payment Method Amount Paid Check Number Check $35,477.63 252 Amount Paid:$35,477.63 Change / Overage:$0.00 Contact:JASPER NAPLES LLC 2238 IMMOKALEE RD STE 158 NAPLES, FL 34120 FEE DETAILS: Fee Description Reference Number Original Fee Amount Paid GL Account Refundable Bonds PL20230008506 $35,477.63 $35,477.63 131-000000-220113 Cashier Name:Vanessa.McHenry Batch Number:12062 Entered By: LuciaMartin Page 1503 of 6405 Page 1504 of 6405