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Resolution 1994-610 RESOLUTION NO. 94 610 SEP 6 - 8 RESOLUTION AUTHORIZING FINAL ACCEPTANCE OF THOSE ROADWAY, DIlAINAGE, WATER AND SEWER IMPROVEMENTS IN PORT OF THE ISLANDS (THE CAYS) PHASE II, RELEASE OF THE MAINTENANCE SECURITY, AND ACCEPTING THE MAINTENANCE RESPONSIBILITY FOR THE ROADWAY, DRAINAGE, WATER AND SEWER IMPROVEMENTS THAT ARE NOT REQUIRED TO BE MAINTAINED BY THE HOMEOWNERS ASSOCIATION. WHEREAS, the Board of County Commissioners of Collier County, Florida, on July 5, 1993, approved the plat of Port of the Islands (The Cays) Phase II for recording; and WHEREAS, the developer has constructed and maintained the roadway, drainage, water and sewer improvements in accordance with the approved plans and specifications and as required by the Land Development Code (Collier County Ordinance No. 92-73, as amended); and the utilities Standards and Procedures Ordinance (Collier county Ordinance No. 88-76, as amended), and WHEREAS, the developer has now requested final acceptance of the roadway, drainage, water and sewer improvements and release of his maintenance security; and WHEREAS, the Compliance Services section of Development Services Department has inspected the roadway, drainage, water and sewer improvements and is recommending acceptance of said facilities. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that final acceptance be granted for those ro.adway, drainage, water and sewer improvements in Port of the Islands (The Cays) Phase II, and authorize the Clerk to release the maintenance security. BE IT FURTHER RESOLVED AND ORDERED that the county accept the future maintenance and other attendant costs for the roadway, drainage, water and sewer improvements that are not required to be maintained by the homeowners association. This Resolution adopted after motion, second and majority vote favoring same. DATE: \ .I"epteaber 6, 1994 ATTEST:. .1; . m~IGHT E. BJ<<?CK, Clerk 13r: 7p~ . . . I . " Apprpved,' .as to form and legal sufficiency: v . Assistant County Attorney doc.478 aODK 000 PAGt 107 SEP 6 - 1M CONSTRUCTION AND MAINTENANCE AGREEMENT OF SUBDIVISION IMPROVEMENTS PRIOR TO RECORDING OF PLAT THIS AGREEMENT entered into this ~ day of SEPTEMBER 19 94 between JOHN N. BRUGGER, INDIVIDUALLY AND AS TRUSTEE, hereinafter referred to as "Developer", and the Board of County Commissioners of Collier County, Florida, hereinafter referred to as "The Board". RECITALS ~i. Developer has, simultaneously with the delivery of this Agreement, applied for the approval by the Board of a certain plat of a subdivision to be known as: WILSHIRE LAKES, PHASE TWO Collier Division County Land of the 3.2 2. Development Code allows the Developer to construct the improvements required by said subdivision regulations prior to recording the final plat. 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 will cause to be constructed Water, Sewer, Paving and Drainage Infrastructure within 36 months from the date of approval of said subdivision plat, said improvements here i na fter re f erred to as the requ ired improvements. aOOK 000 PA!;t 108 Sff , -'IM 2. Deve loper herew i th agrees to construct sa id improvements prior to recording said subdivision plat and the Board of County Commissioners shall not approve the plat for recording until said improvements have been completed. 3. Upon comp1et ion of sa id improvements, the developer shall tender its Letter of Credit in the amount of $149,337.16 which represents 10\ of the total contract cost to complete construction. Upon receipt of said Letter of Credit by the Development Services Director, the Developer may request the Board of County Commissioners to approve the subdivision plat before recording and grant preliminary acceptance of said plat. 4. The required improvements shall not be considered complete until a statement of substantial completion by Developer's engineer along with the final project records have been furnished to be reviewed and approved by the Development Services Director for compliance with the Co 111er County Land Deve lopment Code. The Deve 1 opment Services Director shall, within sixty days of receipt of the statement of substantial completion, submit his recommendations concerning the required improvements to the Board. 5. Upon recoipt by the Board of recommendations from the Development: Services Director concerning required improvements, the Board shall within thirty days either: a) notify the Developer in writing of its preliminary eOOK 000 PA~E 109 SEP 6 - 199' acceptance of the improvementa; or b) notify the Developer in writing of its refusal to accept improvements, therewith specifying those conditions which the Developer must fulfill in order to obtain the Board's acceptance of the improvements. However, in no event shall the Board refuse preliminary acceptance of the improvements if they are in fact constructed and submitted for approval in accordance with the requirements of this Agreement. 6. The Developer shall maintain all required improvements for a minimum period of one year after preliminary acceptance by the Board; after the one year maintenance period by the Developer has terminated the Development Services Director shall inspect the improvements and, if found to be still in compliance with Collier County Land Development Code as reflected by final acceptance by the Board, the Developer'S responsibility for maintenance of the required improvements shall terminate and the Board shall release the 10\ Letter of Credit; otherwise, the Developer's responsibility for maintenance shall continue until final acceptance by the Board. 7. In the event the Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure by the Development Services Director and upon notice as provided by the Land Development Code, the Board sha 11 have the right to construct and maintain, or cause to be constructed and maintained, BOOK OOOft\!110 SEP 6 - .. pursuant to public advertisement and receipt of acceptance of bids, the improvements required herein. The Developer, as principal under the Letter of Credit shall be liable to pay and to indemnify the Board, upon completion of such 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 co~sequentia1, which the Board may sustain on account of the failure of the Developer to carry out all of the provisions of this Agreement. 8. All of the terms, covenants and conditions herein contained are and shall be binding upon the respective successors and assigns of the Developer. IN WITNESS WHEREOF, the Board and the Developer have caused this Agreement to be executed by their duly authorized representatives this 6TH day of SEPTEMBER 19--2!. of: /') ~ l/....:...(~ INDIVIDUALLY Ind1.v1.dua11y ame:. m I M Ie: 1-\ ~ '99itrl.. '. . ATTEST: '". DWIGHT E.,!!!.O"!\g..9'ERK ,. Sf,' 7p~~L2C N Y COMMISSIONERS COUNT~A r 1::, Cha1.rman .;~ Approved as' to form and :,lega1 .sufficiency: ~;J(!, ~ ~ ~ Kenneth B. ell 1er~ Collier County Ateornl!y BOOK 000 pm ill SEP 6 - 199't "N.AMRO e.1". r J V ~rqrancn ~ pptj Pl.1ce. Surte 2950 .a-.1J'.t!jh. Pennsylvania 15222.5-lCO (4121 !l(i6.:?:!92 ~ ADN. AP.1RO Uank N.V. TRRF.VOCA RT F ~ A NnRY T F.'ITFR OF C'RFnrr Date of Issue: July 12, 1994 Letter of Credit Number: 8344045 Applicant: Westinghouse Electric Corporation on behalf of WCN Communities, Inc., formerly Westinghouse Communities of Naples, Inc. 11 Stanwilt Street Pittsburgh, PA 15222 Beneficiary: The Board of County Commissioners, Collier County, Florida 2800 N. Horseshoe Drive Naples, Florida 33942 Amount: $10,000.00 Re: Lake 20 Excavation, Unit 6, Pelican Marsh PUD Expiry Date: July 12, 1995 At Our Counters We hereby establish our Irrevocable Standby Letter of Credit No. S344045 in your favor for the account of Westinghouse Electric Corporation on behalf of WCN Communities, Inc. formerly Westinghouse Communities of Naples, Inc. which is available against presentation of your draft(s) drawn on us at sight up to an aggregate amount of U.S. $10,000.00 (U.S. Dollars Ten Thousand and (0/100) and accompanied by Beneficiary's statement purportedly signed by the County Manager, certifying that: "WCN C"..ommunities, Inc. has failtxl to meet or complete the requirements of Lake Excavation Permit No. 59-511 on the project known as Pelican Marsh Unit 6, Lake 20 Excavation or a final inspection satisfactory to Collier County, pursuant to Collier County Ordinance No. 92-73 has not been performed prior to the date of expiry, and satisfactory alternative performance security has not been provided and formally accepted by the Beneficiary. " This credit shall be valid until July 12, 1995, and shall thereafter be automatically renewed for successive one-year periods on the anniversary of its issue unless at least sixty (60) days prior to any such anniversary date, the Issuer notifies the Beneficiary in writing by registered mail that the Issuer elects not to so renew this Credit. Draft(s) drawn under this Letter of Credit Must be marked: "Drawn under ABN AMRO Bank N.V. Credit No. S344Q45 dated July 12, 1994." The original Letter of Credit and all amendments, if any, must be presented for proper endorsement. Page 1 of2 BOOK 000 PAG~ 112 SEP 6 - 199' ~.AIII'O O;,..k ~J " .bup1.C\ranc:h )lie PP<l P!ac:o. SUIte 2950 ;1lL..trJi'!:l1. Pennsylvania 15222.5400 :412)566-2292 ~ ADN · AMRO Bank if.V. Standby Letter of Credit No. S344045 This Letter of Credit sets forth in full shall not in any way be modified, instrument, or agreement referenced to such reference shall not be deemed to iJ agreement. , terms of the Issuer's undertaking and such undertaking ended, or amplified by reference to any document, in or in which this Letter of Credit relates, and any rporate herein by reference any document, instrument or Issuer hereby engages with Ben of this Credit will be duly honored that draft(s) drawn under and in compliance with the terms Issuer if presented within the validity of this credit. Except so far as otherwise stated, 's documentary credit is subject to the .Uniform Customs and Practice for Documentary C ts. (1993 Revision) International Chamber of Commerce (Publication 5(0). ..f I ABN AMRO Bank N.V. Pittsburgh Branch 0 ~ OS1 . B 'man'~--er'-= \~^ ,.oJ)'_ _ _ Bart A. Rauluk Vice President I I ~OOK OCO PAGt 113