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Agenda 04/28/2026 Item #16A 1 (Release the Utilities Performance Security (UPS) in the amount of $36,726.45 to the Project Engineer or Developer’s designated agent for Perry Hotel)4/28/2026 Item # 16.A.1 ID# 2026-601 Executive Summary Recommendation to authorize the County Manager, or designee, to release the Utilities Performance Security (UPS) in the amount of $36,726.45 to the Project Engineer or Developer’s designated agent for Perry Hotel. [PL20240012794] 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 $36,726.45, in accordance with the Collier County Utility Standards and Procedures, Ordinance No. 2004- 31, as amended. CONSIDERATIONS: 1. On February 25, 2025, the Board of County Commissioners granted final acceptance of utilities at the Perry Hotel. 2. Per Utility Ordinance 2004-31, when the actual cost of constructing the utilities being conveyed to the County exceeds $100,000, a 10% Utilities Performance Security (UPS) must be posted by the developer for the duration of the one-year warranty period, which begins on the BCC approval date. 3. The one-year warranty period expired on February 25, 2026, and the Utilities Performance Security (UPS) in the amount of $36,726.45 can be released. 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. - SAA RECOMMENDATION(S): To authorize the County Manager, or designee, to release the Utilities Performance Security (UPS) in the amount of $36,726.45. 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 PERRY HOTEL LOCATION MAP Collier County Growth Management Division 2800 Horseshoe Drive N. Naples, FL 34104 239-252-2400 RECEIPT OF PAYMENT Receipt Number:20241269231 Transaction Number:2024-110901 Date Paid:12/09/2024 Amount Due:$36,726.45 Payment Details:Payment Method Amount Paid Check Number Check $36,726.45 1249 Amount Paid:$36,726.45 Change / Overage:$0.00 Contact:FOD PERRY NAPLES LLC 7009 SHRIMP RD STE 4 KEY WEST, FL 33040 FEE DETAILS: Fee Description Reference Number Original Fee Amount Paid GL Account Refundable Bonds PL20240012794 $36,726.45 $36,726.45 131-000000-220113 Cashier Name:Vanessa.McHenry Batch Number:13635 Entered By: LuciaMartin