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Agenda 12/09/2025 Item #16A14 (Clerk of Courts to release a Performance Bond in the amount of $140,340, which was posted as a guaranty for Excavation Permit Number PL20200002244 for work associated with SkySail – Lake 5)12/9/2025 Item # 16.A.14 ID# 2025-4635 Executive Summary Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $140,340, which was posted as a guaranty for Excavation Permit Number PL20200002244 for work associated with SkySail – Lake 5. 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 SkySail – Lake 5. The As-Built lake cross sections have been received, and the Development Review Division inspected the lake on October 23, 2025. 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. - CLD RECOMMENDATION(S): To authorize the Clerk of Courts to release the Performance Bond in the amount of $140,340. 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 2920 of 9661 SKYSAIL – LAKE 5 LOCATION MAP Page 2921 of 9661 SKYSAIL - LAKE 5 EXCAVATION PERFORMANCE AGREEMENT THIS EXCAVATION PERFORMANCE AGREEMENT entered into this 22nd day of October, 204 between I Communities of Southwest Florida 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 iomply with the Excavation Regulations and Excavation Permit No. f L AD7000O L.2 +"1 (the "Excavation Permit"). 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 hereofl in lhe amount of $140.340.00. In 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 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 Manager's approval of the Excavation Work. ln the event Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure, the County Manager or designee may call upon the excavation performance security to secure satisfactory completion, repair and maintenance of the Excavatron 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 1 2 3 4 5 H i20l7D0l700liW!\EXCAVATIOMEXCAVATION 2020 - LA(E 5\Excavltion a.rfomMe Agremdt (R.vii.d by CC 20 l3) (2olo22) d*r 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: The Excavation Work shall not be considered complete until Developer notifies the County that the Excavation Work is complete and the final Excavatron Work is reviewed and approved by the County Manager or designee for compliance with the Excavation Regulations. 6. Page 2922 of 9661 construction, 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. Neal munities uthwest Florida, LLC By Printed Name \/eronica McGuire ames R. Schier, Vice President (Provide Evidence of Authority - Attached) Printed Name ATTEST: cheryl Picctrlo BOARD OF COUNry COMMISSIONERS 7 lN WTNESS WHEREOF, the Board and Developer have caused this Agreement to be executed by their duly authorized representatives this i}-1 day of October, 2020. n OF By: COLLI COU N RIDA Crystal K. Kinzel, CLERK La .t asd esrgnee of the County Nlanager pursuant to Resolution No. 2015-162 By Clerk of the Circuit Court & Comptroller Collier County, Florida oved fo d legality Dorrk rry Assistant County Attorney c \u*o!$hi"uppD!tr\ta.lvuicro$fi\windo*vN.rrche\cor..r ourlsk\oDRgR6ycGxqvdon p.rfmrne ^gEmor (R.vrs.d by cc 20 r s) (20 r 022) (@2) d6 SIGKE-N\THE PRESENCE OF: 1r..-.._ C--- Page 2923 of 9661 Bond No. c53250163 EXHIBIT A SKYSAIL LAKE 5 PERFORMANCE BOND FOR EXCAVATION WORK KNOW ALL PERSONS BY THESE PRESENTS: thAt NEAL COMMUNITIES OF SOUTHWEST FLORIDA, LLC 58OO LAKEWOOD RANCH BOULEVARD SARASOTA, FLORIDA 34240 (hereinatter referred to as "Owner") and Great American lnsurance Company 30'l E Fourth Street Cincinnati, OH 45202 (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 Forty Th usand. Three Hundred ForW Dollars (S140.340.00) in lawful money of lhe 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 contexl requires. THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for the Board a certain Excavation Petmjt Np,Afu) LOIIAAX-44 and that certain excavation approval by permit shall include speciflc improvements which are required by Collier County Ordinances and Resolutions (hereinatter "Land Development Regulations"). This obligation of the Surety shall commence on the date this Bond is executed and shall continue until 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 making good any default, then this obligation shall be void, otherwise 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 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 modification of any character whatsoever. i15-rDS-01664/11s3600/11 H \bonds\Neat Comd u. ies\P€rroman@ Bsd lor L.ko 5 Exevatio pem[ 201O22doq Page 2924 of 9661 lN WITNESS WHEREOF, the parties hereto have caused thas PERFORMANCE BOND to be executed this 28th day of @lQEg!../g4 WITNESSES Owner Name nd Title if Corporation) Neal nities Signatu Printed Signatu re By allon mes R. Schier,Sr. Vrce President (Provide Evidence of Authority - Attached) Printed Namer ChcrYl Picemq ACKNOWLEDGEMENT STATE OF FLORIDA COUNTY OF SARASOTA THE REGOING PERFORI\i]ANCE BOND WAS ACKNOWLEDGED BEFORE ME BY SICAL PRESENCE OR f] ONLINE NOTARIZATION THIS .?-I DAY OF I\,1EAN OF HYn-D-, BY James R Schier (NA|\4E OF ACKNoWLEDGER) AS Sr. Vice President (TITLE) OF Neal Communities of Southwesl Flonda. LLC NAI\,4E OF COIVIPANY LY KNOWN TO I\,4E OR HAS PRODUCED OF AS IDENTIFI ATION srArE oF €lou.d.. couNTY oF --E,-,astfva (Signature of person tak{ng acknowledgement) Veronica McGuire "ZWY:: SEAL Signature Pr nted ame: Jerri Keller Signature t*!* ^b^,r, (Name typed, printed or stamped) (Title or rank) (Serial number, if any) Great American lnsurance Company By [L-v:o- (Provid nya L.Russo, Attorney-in- e Proper Evidence of Auth e:''\ vER0NtcA McGUIRF #, - J-"il YS l,:l : j :'l;f i I 15.LDs{1664/11s35O0/11 c \usersvnary langleylApp Dala\Localurrdosoilwnd4s\lNercache\cotfft outookva$gaLHnperfomsnce Bond ,or Lake 5 Ex@Eion pdmii - 20 1@2 docx I A lL WITNESSES: )t Printed Name Helena Beam ,j Page 2925 of 9661 ACKNOWLEDGEMENT STATE OF FLORIDA COUNTY OF HILLSBOROUGH THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME BY MEANS OF E pHystcAl PRESENCE OR fl ONLTNE NOTARTZATTON TH|S 28rH DAY OF October, 2020, BY Tanva L Russo (NAlVlE OF ACKNOWLEDGER) AS Attornev-in-Fact (TITLE) OF Great American lnsurance Companv (NAIvlE OF COMPANY) WHO lS PERSONALLY KNOWN TO ME, OR HAS PRODUCED OF AS IDENTIFICATION STATE OF FLORIDA COUNTY OFHILLSBOROUGH re of g acknowledgement) typed, printed or stamped) SEAL Notary (Title or rank) GG304044 (Serial number, if any) l,I-IIS 02650i 7 (sis MAFY IINGIEY NO?AFY PU8I.jC 8IA'E OF FLOBDA M). CG 30404/t IY dI'ISSION EXPIBES MAR, I1s-rDs 01664/11s3600/11 ctusersvnary langlev\appDala\L@lw crosoftwndtus! Nercaci€lconbnt oulook\Os3gBLHnperfomanc€ Bond tor Lrk6 5 Etcavaiion pe.mir - 201022 d@ Page 2926 of 9661 GREAT AMERICAN INSURANCE COMPANY@ Administrative Oftice: 3ol E 4TH STREET ' CINCINNATI, OHIO 45202 ' 513-369-5000 ' FAX 513'723"27 & Thc number ofpcrsons authorizcd by this power ofanomey is nol more than FOUR No 0 21328 POWER OF ATTORNEY I{.{OW AIL Mf,N BY THESf, PRESE\TS: Tha! the GREAT AMERICA,\" INSURAN( l': COMPANY, a coq'oration orgarized arld crisdng uriler and by vinue offte la$s of $€ State ofOhio. does hereby nominate. constitulc and appoinl fie person or persons named below. c h individually ifmore thall onc is named- its l]-ue and lawful auomey-in.fact. for it and in its Dame. place and slead 10 execut. on b€half of tb€ s,aid Company. as surety. ary and all bond\. uDdcrrakings and contracls ofsuretyship, or oth$ wrillen obligations in thc nature fierq)f: provided that the liabilily of$e Mid ('ompany on any such bond. uDdertaking or contract of surctyship executed under this authority shall not exceed the Iitnit staled bolow. FREDERIC M ARCHERD, JR TANYA L. RUSSO RICHARD P RUSSO, JR. MARY I\,iARTHA LANGLEY This Powcr of Attomey revokes all prcvious powers issued on behdlfofthe atomcy(slin-lacl named abovc. IN WITNESS WHLREOF the GRUATAVERI( AN INSTJRANCE COMPANY has caused drcse presents !o be signed and atGsted by irs appropriattr otficers and its corporare s€al hcrcurto aflixcd ttis 18TH day of JUNE 2019 a_il/,** ALL OF TAMPA. FLORIDA LimitofPou€r $100,000,000 (;RI.{T A\II:RI( A\ I\SI,CE (I)\'IPA\\' t D^6unulS"ntut tti trrsd. ! STATE OF OH (). COUNTy Ol HAMIIJON _ ss: MABK vlcABro (377'377-2405) On this 18TH day of JUNE 2019.b€forenr.r--rsonallyappearcdMARKvlcARlo.mmeknowl. bein8 duly s{om. deposes and says that he r€sidcs in Cincinmti. Ohio. thal he is a Divisional Senior Vice President of lhe Bond Division of(;real Amcrican lnsurance Company. rhc Company described in dnd which exccured the above instrumenl ihat he knows the seal o f lic said Company; that the sea I alli xed lo the srid instrument rs such corporalc seal; that i1*as so aflixed by authority ofhis omce under lhe By-Lau s ofsaid Cbmpany, and $a! hc si€Bed his name drerelo by likc authority. SUSAN A KOHORST $ot!r, Public Stlte ol ohlo I4y Conm. Elplr6 ,r.y 18, 202t n4**A/* This Po$er ofAuorncy is lranted by authority otthe following resolutions adopted by thc lloard of Dircclors of (ireat Amcrican Insuramc Company by unanimous wi11en cons!'nt datcd June 9, 2008. RESOI.l'L:D: That the Dirisionql Pr.sident, the se\eral Di|isional Senior rl:e Prc:idents. Diisional nce Prcsidents and Ditisonul ,lssi:tant ,Irc Ppsidents. or o oneofthen, be and hercbt is arthoti.cd, .fiom nme b time, to appaint one or dtu,l: Attornels in-Foct to etecure on heholfo[rhe Company the respectirc li ib af &eir authorir,: andto rcvoke an! luch dppointnpnt atan!tine. RtSOl,l'ED FURTIIER: 1101 the Conpanr s.al and the signoture of a^ <)f the aforesaid ofrcz$ an.l un\ Seo4an or.lssistant Scietam of thc ( ul{ I tHC-\l I()\ l. STllPlili\ (' IllillAllA- Arsisrrnl Secrer:rrv ol (ircat Anr.ri .rnd thc Resolutions oflhe Board o[ Direclors ol Junc 9. 2008 have not bccn rcv Sig)cd and sealcd rhis 2ga day 01 0& flhri 1 ! N)AA) /-.,r\,$4 q Page 2927 of 9661 Soil Type: The first 12 -14 feet from ground surface elevation is very loose to medium dense, relatively clean sand with a layer of more silty sand undemeath the clean sand. We do not anticipate penetrating the limerock layer with the lake excavation. therefore for these calculations it is assumed a 100% SAND. 'fotal lake bank perimeter : 7,017 LF for Lake 5 Perfbrnrance Guarantee is: 7,0 | 7 tl x $20lft : S140,340 Barry E. Jones c=U5, st=FLORIDA, l=Naples, o=Hole Montes, lnc., cn=Barry E. Jones, email=barryiones@hm eng.com 2020.1 1.03 15:33:32 -0s'00' Barry E. Jones, P.E. State of Florida #52675 Hole Montes, Inc. 950 Encore Way, Suite 200 Naples, Florida 341 l0 HM Authorization # 1772 \\Hm-data\hmdala-np2U0l7U0l7O0l\wP\EXCAVATION\EXCAVATION 2020 - LAKE 5\SkySail Lakc 5 Excavation Bond Calcularions 201022 docx SKYSAIL LAKE 5 Performance Calculations No 52675 STATE OF Page 2928 of 9661 12t15t2020 Oetajl by Entity Name DtvtstoN oF CoRPoRATtoNs Cr-.tj,rr-.,Otli !-ltt t':trt ; ctj I A't't t o tu tl Jk !..rJ Fh,tt,lt $!1,\lla-4t-- . Ogpetuoad-alsjale/Divisonofoorpala[als/SearchRecords/Searchby_Ed1ly_\bD9/ Detail by Entity Name Florida Limited Liability Company NEAL COMMUNITIES OF SOUTHWEST FLORIDA, LLC Filing lnformation Document Number L09000'120732 FEI/EIN Number 27-1576866 Date Filed 'l,211812009 Effective Date 10/19/1995 State FL Status ACTIVE Last Event CONVERSION Event Date Filed 1211812009 Event Effective Date '1213012009 Principal_]k|![ess 58OO LAKEWOOD RANCH BLVD. Sarasota, FL 34240 Changed: 0311512013 Mailing Address 58OO LAKEWOOD RANCH BLVD Sarasota, F134240 Changed: 0311512013 Begistered Agont Name & Address SCHIER, JAMES R 58OO LAKEWOOD RANCH BLVD. Sarasota, FL 34240 Address Changed : 031 1 51201 3 Authorized Personls) Detail Name & Address Title N,4GR NCDG MANAGEMENT, LLC 58OO LAKEWOOD RANCH BLVD Sarasota, FL 34240 search.sunbiz.org/lnquiry/corporationsearch/searchResultDetail?inquiMype=EntityName&directionType=lnitial&searchNameorder=NEALcoMMUNI 1t4 *#.*, Page 2929 of 9661 12t15t2020 Detail by Entity Name Title P Title VP SCHIER, JAiilES R 58OO LAKEWOOD RANCH B Sarasota, FL 34240 S H Ell,,4,S 58OO LAKEWOOD RANCH BLVD Sarasota, FL 34240 Title VP Sochar, Mark 58OO LAKEWOOD RANCH BLVD Sarasota, FL 34240 Title VP Puente, Carlos 58OO LAKEWOOD RANCH BLVD. Sarasota, FL 34240 Title VP Ciofii, Kathy 58OO LAKEWOOD RANCH BLVD. Sarasota, FL 34240 Title VP Clark, Chris 58OO LAKEWOOD RANCH BLVD, Sarasota, FL 34240 Title VP Collier, John 58OO LAKEWOOD RANCH BLVD. Sarasota, FL 34240 Title VP Cronshaw, Tashara search sunbiz.org/lnquiry/CorporationSearch/SearchResultoetail?inquirytype=EntityName&directionType=lnitial&searchNameOrder=NEALCOMMUNI 2t4 ( STOREY MICHAEL A 58OO LAKEWOOD RANCH BLVD. SarasoJafES4z4O\ \ Page 2930 of 9661