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Agenda 09/09/2025 Item #16A 8 (The Clerk of Courts to release a Performance Bond for Excavation PL20230018130 for work associated with Willow Run)9/9/2025 Item # 16.A.8 ID# 2025-2544 Executive Summary Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $247,720, which was posted as a guaranty for Excavation Permit Number PL20230018130 for work associated with Willow Run. 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 with respect to this security. The Performance Bond was posted as security for an Excavation Permit associated with Willow Run. The As- Built lake cross-sections have been received, and the lakes were inspected on July 31, 2025, by the Development Review Division. 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 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. - SAA RECOMMENDATIONS: To authorize the Clerk of Courts to release the Performance Bond in the amount of $247,720. 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. Bond Basis Page 683 of 2661 WILLOW RUN LOCATION MAP Page 684 of 2661 THIS E y'.{ u,"lc EXCAVATION PERFORMANCE AGREEMENT , /+l XCAVATION PERFORMANCE AGREEMENT entered into this T' , 2029 between SD San Marino. LLC hereinafter referred to as "Oerretope day of r," and as thethe Board of County Commissioners of Collier County, Florida, hereinafter referred to "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 3.05.1 0 (collectively, the "Excavation Regulations")i 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. pL20230018130 (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: 1. Developer agrees to comply with the Excavation Regulations and the Excavation Permit (the "Excavation Work"). 2. Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $247.720.00 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 lvlanager 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 wnting 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 Manager's approval of the Excavation Work. ln the event Developer shall fail or neglect to fulfill its obligations under thts Agreement, upon certification of such failure, the County lvlanager 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 3 4 5 6 Page 1 of 2 Page 685 of 2661 construclion, 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 WITNESS WHEREOF, the Board and Develooer have executed by their duly authorized representatives tnis 9 Oay of ca th is .t Agreement ,20 to be 4_ 7 SIGNED IN EP Witness #1 Sig ture Zo,r,,S*oso<--/ Witness #1 Printed Name .,4/a.lu Witness #2 Signature itness #2 Pri ed Name A oved as to form and legality Derek D. Perry Assistant County Attorney &r By: k;h l&2, Vt.?wrtd.a\ Signer's Printed Name and Title [Provide Proper Evidence of Authority] AS TO BOARD: BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA By: Jai oo k, Director lopment Review Division as designee of the County [Vlanager pursuant to Resolution No. 2015-162 OF Page 2 of 2 AS TO DEVELOPER: SD San Marino, LLC----------------,-4 Baz*.- Page 686 of 2661 Exhibit "A" Excavation Performance Security Page 687 of 2661 Bond Number:800176488 PERFORIVANCE BOND F OR EXCAVATION WORK KNOW ALL PERSONS BY THESE PRESENTS: that SD San Marino, LLc 2639 Professional Circle, Suite 101 Naples, FL 34119 (hereinafter referred to as "Owner") and Atlantic Specialty lnsurance Company 605 Highway 169 North, Suite 800 Plymouth, MN 55441 7 8L-332-7 000 (hereinafter referred to as "Surety") are held and flrmly bound unto Collier County, Florida, (hereinafter referred to as "County") in the total aggregate sum of two-hundred forty-seven thousand seven-hundred twenty dollars ($247,720.00),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. THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board a certain excavation permit no. PL20230018130 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 shallcommence on the date this Bond is executed and shall continue untll 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 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 incur in makang good any default, then thas obligation shall be void, otherwise to remain in full force and effect. PROVIDED, FURTHER, that the saad Surety, for value received hereby, stipulates and agrees that no change, extension of tame, alteration, addition or deletion to the proposed specific improvements shall in any way affect its obljgataon 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 the 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 modafication of any character whatsoever. [1s LDS 01664/1153600/1] Page 688 of 2661 Bond Number: 800176488 lN WITNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 22'd day of March, 2024. Witness Owner: Signatu re SD San Marino, LLC eith Gelde ice President (Provide Proper Evidence of Authority) -s,- L By Print Name ud-flrJhlr- stenifre Print Name STATE OF FLORIDA COUNTY OF COLLIER NotarialAckn owledeement suLE The foregoing instrument was acknowledged before me by means of ( physical presence or tr online notarization, r;ris 0,1 L day of fhu42o24, by Keith Gelder as Vice president for SD San Marino, t-LC, who{is personally known or a has produced ide ntification. A,Atrlu n hfu,ir@ AS re of Notary Pu blicl f,vd"'?n lvl ,Vnrc [the Notary Public's official seal] [printed name of Notary Public]+**eii^{$irj lrilj' JUONH A sEi!. ry Rrbli( -5tete ol Ftorida Cornmis5ion t Ht 016417 Coflim. Erpl rP5 S€p 28, 2024 115 LDS 01664/1153600/11 Sonded through Nati onalNotaryA5jr Page 689 of 2661 Bond Number: 800175488 Witnesses:Surety: 4llle#", Signatu re Melissa Ray Print Name By Brook T. Smith, Attorney-in-Fact (Provide Proper Evidence of Authority) Amv Smith Print Name al Acknowl m STATE OF Kentucky COUNTY OF lefferso n The foregoing instrument was acknowledged before me by means of physical presence this 22nd day of lrilarch, 2024, by Brook T. Smith as Attorney-in-Fact for Atlantic Specialty Insurance Company who is personally kn a!ry! ta rne. lsignature of Notary Publicl Atlantic Specia lty Insurance Company ..-$t'j'a* z7- i(s,6 lthe Notary Public'3'oficiai Ee-gI ' '/l/llllrill''t'(rrq:nRi f lprinted name of Notary Publicl Susan Ritter mriYnfIC mElIumqrElllrr lD , IYX?ac20trlc ast mrt rml IE I1s LDS 01664/1153600/11 t {,/-"-- 4--z S furratu re a Page 690 of 2661 Power of Attorney KNow ALL MEN BY THESE PRESENTS, that ATLANTIC SPECIALTY INSURANCE CoMPANY, a New York corporation with irs principal office in ptlnourh, Minn€sota, does hereby conslilute and appoint: Brook T. Smith, James T. Smith, Raymond M. Hundley, Jason D. Cromwell, James H. Martin, Deborah S. Neichter, Michele D. Lacrosse, each individually if ther€ be more than one named, its true and lawful Artomey-in-Fact, to make, execure, seal and deliver, for and on its under this aulhority shall exceed in amount the sum of: unlimitad and the execution of such bonds, recognizances, conrracrs of indemniry, and all orher wrirings obligator in the nature thereof in puEuance of these presents, shall b€ as binding upon said Company as if they had been fully signed by an aurhorized officer of rhe Company and sealed with the ComPany seal. This Power of A(omey is made and executed by authority of the following resolutions adopted by the Board of Directors of ATLAI.I]C SPECIALTY INSURANCE COMPANY on the twenty-fifth day of September, 2012: Resolved: That the PrEsident, any Senior Vice hesident or Vice-President (each an "Aulhorized O[fice/') may execure for and in behalfof the Company any and all bonds, r€cognizances, conrac6 of indemnity, and all other writings obligatory in rhe nature ther€of, and affix the seal of the Company thereto; and that the Authorized Officer may appoint and authorize an Albrney-in-Fact to execute on behalf of the Company any and all such instrumenrs and ro affix rhe Company seal thereto; and lhat the Authorized Office. may at any time remove any such A(omey ifl-Fact and revoke all power ad authoriry given lo any such A(orney-in- Fact. Resolvedi That the Attomey-in-Facl may be given full power and authority to execute for and in rhe nane and on behalf of the Company any and all bonds, recognizances, contracts of indemnity, and all other writings obliSatory in the narure thereof, and any such instnrment execured by any such Atromey-in-Fad shall be as binding upon the Company as if signed and sealed by an Authorized Officer and, further, the Artomey-in-Fact is hereby aurhorized to verify a;y affidavir required to be aGched lo bonds, recognizances, contracls of indemnily, and all o(herwritings obligatory in rhe nature 6ereof. [intac.t] This power of attomey is siSned and sealed by facsimile under the authority of the following Resolution adopred by the Board of DirecroE of ATLANTIC SPECIAITY INSURANCE COMPANY on the twenry-fifrh day of Seprember,20l2: Resolved: Thal the signature of an Authorized Officer, the signature of lhe Secre6ry or the Assistant Secrerary, and the Company seal may be affixed by facsimile lo any power of a(omey or lo any cenificate rElating thereto appointing an Attomey-in Facr for purposes only of execuiing and iealtng any bond, undenaking, recognizance or other written obligation in the naturc ther€of, and any such signature and seal where so used, being hereby adopted by rhe Company as fie oriEinal siSnalure of such officer and the original sealof the Company, to be valid and binding upon the Company with the same force and effect as rhough manually affixed. .s:i['it.l;:....Jr|- "e;'t .-s"o" ,5ne0na2. ?1 i';' 'SEAL i" ii;Y 1s86 3j 7,'.,,."'.noli ""'II",,,;1..,.IS"' on this twenly-seventh day of April, 2020, before me perconally came Paul J. Brehm, Sedor vice Presidem of ATLANTIC SPECIALTY INSURANCE COMPANY, ro me personally known to be the individual and officer described in and who executed the preceding inslrumenr, and he acknowiedged the execution of the same, and beingby me duly swom, thal he is the said officer o[ the Company aforesaid, and that the seal aftixed to the preceding insrrumem is the seal of said Company and rhar the said seai and rhe signature as such officer was duly affixed and subscribed to the said insmlment by $e authority and at the direction of the Company. 41,*,/a/r IN WTINESS WHEREOF, ATLANTIC SPECIALTY INSURANCE COMPAI'IY has caused these prtsents to be signed by an Authorized Ofticer and the seal of the Company to be affixed this twenry-seventh day of April, 2020. By STATE OF MINNESOTA HENNEPIN COUNTY This Powcr of Auorn€y expires January 31, 2025 Paul J. Brehm, S€nior Vi€e Presid€nt Norary Publi( I, the undersi8ned, Secretary of ATLAN-IIC SPECIALTY INSURANCE CoMPANY, a New York Corporation, do hereby certify that rhe foregoin8 power of atomey is in full force dnd has nor been revoked, and rhe resolurions set fo(h dbove are now jn force. sisnedandseared. oor"a ?1!L a"y.t NVrilJ- . )4Ll S r'ql'(i /t Plcnse dirrrr h.id verilirnrnrrr lo Kara Barrow, Secretar] .('-i |., ALISON OYJAII TASH.IRO,I }IOTARY PUBLIC . MIIESOTA Hy Commlsalon ExPlre6 Jenuary 3t.2025 d:ZrE**- i?i' S EAL" ,1 1986 Page 691 of 2661 EXHIBIT IIB'' Signing Authority Page 692 of 2661 412124 . 6:59 AM Detail by Entity Name fj,, i'! r-, i- -' !' !r, :. DrvrsroN oF CoRPoRATroNs #*.nl . ogpj(Ocd-Olslalg / Dlvision of Corpelatiels / Search Records / Search bv Entitv Name / Dehil by Entity Name Florida Limited Liability Company SD SAN MARINO, LLC Filing lnformation Document Number Ll5000161696 FEf/ElN Number 47-5189790 Date Filed 0912312015 State FL Status ACTIVE Last Event LC STMNT OFAUTHORITY 21 Event Date Filed 06rl,812021 Event Effective Date NONE Principallkl![gs9 2639 PROFESSIONAL CIR #101 NAPLES, FL 34119 Changed: 04/2812016 Mailing Address 2639 PROFESSIONAL CIR #101 NAPLES, FL 34119 Changed: 0412812016 Registered Agent Name & Address COLEI\ilAN, YOVANOVICH & KOESTER, PA. 4OO1 TAMIAMI TRL N #3OO NAPLES, FL 34103.3556 Authorized Person(s) Oetail Name & Address Title N/GR STOCK, BRIAN K 2639 PROFESSIONAL CIR #101 NAPLES, FL 34119 Title VP httpsr//search.sunbiz.org/lnquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=lnitial&searchNameOrder=SDSAN[,4. .. 112Page 693 of 2661 412124.6:59 AM Detail by Entity Name FERRY JOHN 2639 PROFESSIONAL CIR #101 NAPLES, FL 341,19 Title VP GELDER, KEITH 2639 PROFESSIONAL CIRCLE STE 101 NAPLES, FL 34119 Annual RepgE Report Year 2021 2022 2023 Filed Date 04t0912021 o4t20t2022 04t1012023 Document lmageE O4/10/2023 _ANNUAL REPORT 04/2012022 - ANNUAL REPORT 06/18/2021 - CORLCAUTH 04109/2021 ..ANNUAL REPORT 06/09/2020 _ ANNUAL REPORT O4l25i2019 - ANNUAL REPORT O4l11/2018 -ANNUAL REPORT O4l25l2017 _ ANNgAL REPORT O4l2€Il201 6 _ AN NUAL RE PORT 10/13/2015 - CORLCAUTH View image in PDF format Vew image in PDF lonl€t Vlew image in PDF format Vlew image in PDF format V€w image in PDF tormal Vew image in PDF formal Vew lmage in PDF forrnal Vew rmage rn PDF forrnat View image in PDF format Vew image in PDF format 09/23il2015 - Florida Limiled Liability View image m PDF lomat httpsJ/search.sunbiz.org/lnquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=lnitial&searchNameOrdeFSDSANM.. . 212Page 694 of 2661 EXH|Blr,C" Opinion of Probable Cost Page 695 of 2661 f\rrwer-l Date: Project: Description: Project #: Prepared By Checked By: 12/13/2023 Willow Run ICP CNSTR Excavation Bond 946-203 GHT JL Boring No.Top of Rock Elev.Bottom of Rock Elev Excavated Rock Depth B-1 -10 77.5 B2 8 -18.5 10.5 B3 5.5 -18.5 72 B-4 -7 .5 -71 9.5 B-5 -6 18.5 12.5 Average 77.2 Lake 8 Depth % ol Exc. Total Lake Depth 5 LOO% Sand Excavation 5.0 too% Rock Excavation 0% Note: Bond amounts are per Section 22-115 of the County Ordinances in Municode Oae:2023.12.13 1 3;34:49-05 00' Jacquelyn M. Larocque, P.E oatet L211312023 Florida Registration # 85247 coA #8636 E I e ct r o n ic S i g n ot u re Text Jacquelyn M. Larocque State of Florida Professional Engineer, License No. 85247 This item has been digitally signed and sealed by Jacquelyn M. Larocque, P.E,, on t2t13/2023 Printed copies qfthis document are not considered signed and sealed and the signature must be verified on any electronic copies, Existing Lake A1 Expansion Depth Yo of Exc, Total Lake Depth 19 too% Sand Excavation 7.8 41% Rock Excavation 77.2 59% Excavation Bond Calculation Lake Linear Feet Cost Per Linear Foot Total Bond AmountSandRockSandRock Lake 8 588 0 s2o.oo s100.00 s11,760.00 Existing Lake Al Expansion t,443 2,O71 s2o.oo s100.00 s23s,950.00 Total 2,O37 2,O7r 5247 ,72O.OO 11,.2 u/ Page 696 of 2661