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Agenda 03/25/2025 Item #16A 3 (Release a Performance Bond for work associated with Autumn Blossoms Assisted Living Facility)3/25/2025 Item # 16.A.3 ID# 2025-548 Executive Summary Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $25,000 which was posted as a guarantee for Excavation Permit Number PL20150001915 for work associated with Autumn Blossoms Assisted Living Facility. OBJECTIVE: To release a security which 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 Autumn Blossoms Assisted Living Facility, however, construction for this project never commenced and the developer has requested cancellation of this excavation permit. This item is consistent with the Collier County strategic plan objective to operate an efficient and customer-focused permitting process. 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 RECOMMENDATIONS: To authorize the Clerk of Courts to release the Performance Bond in the amount of $25,000. 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 ATTACHMENTS: 1. Location Map 2. Bond Basis Page 1325 of 5415 AUTUMN BLOSSOMS ASSISTED LIVING FACILITY LOCATION MAP Page 1326 of 5415 Page 1327 of 5415 Page 1328 of 5415 Page 1329 of 5415 Page 1330 of 5415 Page 1331 of 5415