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Agenda 11/15/2016 Item #16A18 16.A.18 11/15/2016 EXECUTIVE SUMMARY Recommendation to approve final acceptance of the potable water and sewer facilities for Casoria, Trevi Phase 1, PL20150001534, accept unconditional conveyance of a portion of the potable water and sewer facilities, and to authorize the County Manager, or his designee, to release the Utilities Performance Security (UPS) and Final Obligation Bond in the total amount of $53,826.66 to the Project Engineer or the Developer's designated agent. OBJECTIVE: To have the Board of County Commissioners, as Ex-Officio Governing Board of the Collier County Water-Sewer District, approve final acceptance of the potable water and sewer facilities, accept unconditional conveyance of a portion of the potable water and sewer facilities, and to release the Utilities Performance Security (UPS) and Final Obligation Bond in the total amount of $53,826.66, in accordance with the Collier County Utility Standards and Procedures, Ordinance No. 2004-31. CONSIDERATIONS: 1) The Developer of Casoria, Trevi Phase 1, has constructed the potable water and sewer facilities within dedicated easements to serve this private development. A portion of the potable water and sewer facilities will be conveyed to the County, as described in Official Records (O.R.) Book 5198, Page(PG) 374.The remaining water and sewer facilities will be private. 2) Preliminary acceptance of these utility facilities was approved by the Development Review staff on September 21, 2015. At that time, the value of these potable water and sewer utility facilities (assets)was $38,536.30 and$175,385.16,respectively. 3) Staff recorded all preliminary acceptance documents associated with the potable water and sewer facilities conveyed to the County in the public records of Collier County, which were reviewed and approved by the County Attorney's office as to form and legality. The County acquired its interest in a portion of the potable water and sewer facilities by Utilities Facilities Warranty Deed and Bill of Sale recorded in Official Records Book 5198, at page 374 of the Public Records of Collier County, Florida. 4) The potable water and sewer utility facilities have been operated and maintained during the required one(1)year warranty period, following preliminary acceptance. 5) A final inspection to discover defects in materials and workmanship has been conducted by staff on September 30, 2016, in coordination with Public Utilities, and these facilities have been found to be satisfactory and acceptable. 6) The on-site water and sewer utilities, less the potable water and sewer utilities described in O.R. Book 5198,PG 374,are owned and maintained by the developer. 7) Staff recommends final acceptance of the subject utility facilities and to release the Utility Performance Security(UPS) and Final Obligation Bond in the total amount of$53,826.66. 8) This final acceptance is in accordance with Collier County, Ordinance No.2004-31,as amended. 9) Staff is unaware of any issues that would serve to negate the recommendation to release the applicable security. Packet Pg.489 16.A.18 11/15/2016 FISCAL IMPACT: Approval of this Executive Summary will have no specific financial impact. However, approval will result in the Collier County Water-Sewer District receiving unconditional title to a portion of the potable water and sewer utility facilities,which at the time of preliminary acceptance, had a total gross value of$213,921.46(no depreciation applied). • GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a majority vote for Board approval-SAS RECOMMENDATION: To approve final acceptance of the potable water and sewer facilities for Casoria, Trevi Phase 1, PL20150001534, accept unconditional conveyance of a portion of the potable water and sewer facilities, and authorize the County Manager, or his designee, to release the Utilities Performance Security (UPS) and Final Obligation Bond in the total amount of$53,826.66 to the Project Engineer or the Developer's designated agent. Prepared by: Melissa Alvarez,Operations Coordinator,Development Review Division, Growth Management Department ATTACHMENT(S) 1. Location Map-Trevi Phase 1 (PDF) 2.Asset Sheets-Casoria,Trevi Phase 1 (PDF) 3.Exhibit A-Casoria,Trevi Phase 1 (PDF) 4. Copy of LOC bond (PDF) Packet Pg.490 46:A.18 . 11/15/2016 n COLLIER COUNTY Board of County Commissioners Item Number: 16.A.18 Item Summary: Recommendation to approve fmal acceptance of the potable water and sewer. facilities for Casoria, Trevi Phase 1, PL20150001534, accept unconditional conveyance of a portion of the potable water and sewer facilities,and to authorize the County Manager,or his designee,to release the Utilities Performance Security(UPS) and Final Obligation Bond in the total amount of$53,826.66 to the Project Engineer or the Developer's designated agent. Meeting Date: 11/15/2016 Prepared by: Title: Operations Coordinator—Growth Management Development Review Name: Melissa Alvarez 10/10/2016 11:40 AM Submitted by: Title: Project Manager,Principal—Growth Management Department Name: Matthew McLean 10/10/2016 11:40 AM Approved By: Review: Water Steve Messner Additional Reviewer Completed 10/10/2016 12:21 PM Wastewater Steve Nagy Additional Reviewer Completed 10/10/2016 1:01 PM Water Pamela Libby Additional Reviewer Completed 10/10/2016 1:03 PM Engineering&Natural Resources Jack McKenna Additional Reviewer Completed 10/10/2016 1:38 PM Wastewater Beth Johnssen Additional Reviewer Completed 10/10/2016 4:04 PM Growth Management Operations&Regulatory Management Stephanie Amann Additional Reviewer Completed Growth Management Department Judy Puig Level 1 Division Reviewer Completed 10/12/2016 4:21 PM Growth Management Department Matthew McLean Additional Reviewer Completed 10/13/2016 1:32 PM Public Utilities Planning and Project Management Tom Chmelik Additional Reviewer Completed County Attorney's Office Scott Stone Level 2 Attorney Review Completed 10/27/2016 9:45 AM Growth Management Department Jeanne Marcella Level 2 Division Administrator Completed 11/01/2016 3:48 PM County Attorney's Office Jeffrey A.Klatzkow Level 3 County Attorney's Office Review Completed 11/02/2016 8:10 AM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 11/02/2016 9:47 AM Budget and Management Office Mark Isackson Additional Reviewer Completed 11/02/2016 10:17 AM County Manager's Office Nick Casalanguida Level 4 County Manager Review Completed 11/06/2016 4:53 PM Board of County Commissioners MaryJo Brock Meeting Pending 11/15/2016 9:00 AM Packet Pg.491 i Al - - ' ' ':MIIIIIIIIIIIIIIIIIIbh, 4'.i''.k,,-r ▪ -• - - a li NW Pi.....:t i ... 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' VII 1 CC R Ki 'II i tifi , . ........,„,..... , i 4.„,,,, , ... - i 1 e;P 24 i illik , .14F ' 1, ai,odim Irs in.4 IliLle 0.,(3,,) it 44C IA 44.- :•77, ..... „ — ,r, '1. i'''' 1 -' = , ( , , ' L • ' .'it''': Ltli.fli t I • ';., 1.c11 WPIUM INW400 ' 1110' ilia,..k 504` usiss.ste, co '' .40 a 21 Lt Ve4, '•,' i 26 . se or a t , CNI .-4 , . • , I ' 1471:71:i ' 15',' • CO I Al c7al: c‘ii iprt lairs r I 141 , a liWx I, ',r..E1F0 e-- \ ,......._., , 4 thintel II , vire,1 CD ' • ' '-':'- , ' CO , L cpet, -" 4,1 ers 44 \\II ea . 7 T.. ifie477 1 1 E , . I ' , *00103‘10.CSIVIR'S lets) / CL 1 ..._— s * . „ co a . Lily tivito 00, II 4 1:4(1 4 2 , 2 . . Iti c `414.Frti „_,_ ....... 4.... --_ - - • , Ct$ ,, . 0 ...I 1 I'' . , ' C , 12 ri 4.0004 4,-) LOCATION MAPPacket Pg. 492 - - 16.A.18.b CERTIFIC '-ION OF CONTRIBUTORY ASSETS .v....,, (Potable Water) TREVI PHASE I "---.... '- Location- Section 30, Township 50 South.Range 26 East itt ,,,;/ -,..,. Collier County, FL i Owner Leaner Homes, LLC --. T.. 10481 Ben C.Pratt/Six Mile Cypress Pkwy a) in Fort Myers. FL 33966 to _E a. TYPE OF UTILITY SYSTEM: POTABLE WATER '- > a) 1!-- Item Quantity Unit Unit Price Total Price ii Combination Master Water&Fire Meter Assembl 1 EA $ 38,536.30 $ 38,536.30 in ni c..) Potable Water Total $ 38,536.30 a) c.) c 2 0. I do hereby certify that the quantities of materials described above are a true and an accurate representation 0 0 of the system 0 CERTIFYING. al F-- .4.-: E Jayson • . 1 'nick*Vice President iZ OF: Haleakala Construction. Inc. ,--..., c., 5758 Taylor Road co Naples, Florida 34109 ZZ, STATE OF FLORIDA ) v- ) SS: iii U) COUNTY OF COLLIER ) .E as The foregoing instrument was signed and acknowledged before me this 27th day of July,2015 by a. Jayson Oreschnick,who is personalty known to me and who did not take an oath. '5 e..) • • I-- d!"... .41.,... ,.. li.„11, SEAL: ai Linda Mahon.Now,' — r. U) it 0 ... , USDA MAHON co tt'A'14 aff COAOSSION OF 17063g ry, EXPOWS:Fibruity 21201* Z tot, Notary NOfic Oildwooki Cl) 15 U) co < 4E; E 0 2 :i. PaCket.Pg.-493- 16.A b 18 CERTIFI' "ION OF CONTRIBUTORY ASSETS .... (Sanitary Sewer) TREVI PHASE 1 7,-,-) IOV 41 Location: Section 30.Township 50 South. Range 26 East Collier County, FL Owner, Lennar Homes,LLC 10481 Ben C. Pratt/Six Mike Cypress Pkwy Fort Myers, FL 33966 d w 0 t TYPE OF UTILITY SYSTEM:Sanitary Sewer a 0 Item Quantity Unit Unit Price Total Price t- i 6"Force Main 28 IF $ 2.47 $ 69.16 v°, Pump Station I EA $ 175,316.00 $ 175,316.00 0 a) c) Sewer Total $ 175,385.16 w II I do hereby certify that the quantities of materials described above are a true and an accurate representation 0 of the system. Q CERTIFYING: °.', F., / _.m 4 . C Jayson • -. , nick.Vice PresidentiZ OF Hateakata Construction. Inc. N/.. 5758 Taylor Road N Naples. Florida 34109 STATE OF FLORIDA ) d ) SS: w COUNTY OF COLLIER ) `.. a The 'n9 instrument was signed and acknowledged before me this 27th day of July.2015 by > JavtiOrl O ick,who is personally known to me and who did not take an oath. ii +Nlr' . tr,- .' _ 1 - o I- _ _ SEAL: Linda Mahon.Notary C) i C:.!:.:4:._,....:* 4'i�FftTr t Z!4 Fep�yyr 2t,2019 to _____ +►w�amt u b,,,,,,,, w N Q c m E iii Q ,�\ Packet Pg 494 1CAI`8.c Exhibit A Utilities Performance Security (UPS) and Final Obligation Bond Amount Receipt Number 10%UPS Bond $49,826.66 LOC No. FGAC-15191 Final Obligation Bond $4,000.00 2015256130 a Total Amount $53,826.66 •L The 10%UPS Bond, if applicable, is based on the total amount of the water and/or sewer ea utilities being installed for the whole project which includes material and labor. The C) contributory assets reflect the cost of materials, not labor and are based on the assets of which the county will be owning and maintaining. Final Obligation Bond, if applicable, in accordance with Utility Ordinance 2004-31 ctAttachments: 1. Verification of Final Cost 2. Receipt of Payment �- N t0 N d N CO t .y a> F •L 0 U, V .Q_ W .V a► E U ro Packet Pg.495 UF -'qCATON OF FINAL COST �= (Sanitary Sewer) � ^ ~--.1 TREV| PHASE 1 --- Location: Section 30, Township 50 South, Range 26 East CoUierCnu�y. FL / ' ��� Owner Lennar Homes, LLC -~^a�1-:, ' � 1D481Ben C, Pratt/Six Mile Cypress Pkwy __ Fort Myers, FL 33966 TYPE OF UTILITY SYSTEM: SANITARY SEWER .cac a '5 Item Quantity Unit Unit Price Total Price cl) :Connect Vzexiohngstub out 1 EA $ 1.818.90 $ 1.818.90 8^ PVC Sanitary Sewer(SDR 2G) ca o (1O'' 12'cut) 391 LF $ 38.91 $ 15.213.81 ' 8'' PVC Sanitary Sewer(SDR 26) (12' 14' cut) 584 LF $ 48.91 $ 28.563.44 8" PVC Sanitary Sewer(SDR 26) (14' ' 1O' cut) 452 LF $ 53.91 $ 24.367.32 8^ PVC Sanitary Sewer(SDR 20) < (1S'' 18' cut) 523 LF $ 58.91 $ 30.809.93 al Manhole, 4' Diameter . (1D' ' 12' cut) 1 EA $ 6.989.82 $ 8.S8S.82 ^~ Manhole. 4' Diameter ra (12' - 14' cut) 3 EA $ 7.719.82 $ 23.1SQ.4G � ir. �� Manhole, 4' Diameter (14' - 1G' cut) 1 EA $ 8896Q8 $ 8.G96.96 �� W1anho|e. 4' Diameter i� (1G' - 17' cut) 1 EA $ 9.253.48 $ 9,253.48 G''Force Main 28 LF $ 11.67 $ 32076 03 a. Pump Station 1 EA $ 175.316.00 $ 175.316.00 ' TV Sewer WI mandrel (preliminary) 1,953 LF $ 3.00 $ 5.859.00 ci o Sanitary Sewer Total $ 330,374.88 ta I do hereby certify that the quantities of material and services described above are a true and an accurate ~c representation of the system. CERTIFYING: x Lli .� (..._ '+ •r . i � �~ --- Jayson far--chnickVice President OF: Haleakala Construction, Inc. � 5758 Taylor Road Zi Naples, Florida 34109 STATE OF FLORIDA ) > SS: COUNTY OFCOLLIER ) _~ The foregoing instrument was signed and acknowledged before me this 27th day of July, 2015 by Jayson Oreschnick . who inpersonally known k>nneand who did not take anoath� ' - SEAL: - � � /�/ LINDA � X����1��_ �� ��~ � - wnooNmm�owm�1nn�� EXPIRES: 21,2019 n��T�����cJvritemPacket Pg.496 � ` Vr"FICATION OF FINAL COST 1&Ail 8,0 ,..„..„, (Potable Water) TREVI PHASE'I "--...., Location: Section 30, Township 50 South, Range 26 East UitthriNAL Collier County, FL Owner: Lennar Homes, LLC 10481 Ben C. Pratt/Six Mite Cypress Pkwy Fort Myers, FL 33966 ,-• 0 V) TYPE OF UTILITY SYSTEM: POTABLE WATER .c as IItem Quantity Unit Unit Price Total Price i 1 o. 5 0 Master meter Assembly 1 EA $44,786.30 $ 44,786.30 ai Single Water Service 4 EA $1,228.22 $ 4,912.88 .c o 0 6"PVC Water Main (C-900, CL-150) 70 LF $15.96 $ 03 1,117.20 0 10"PVC Water Main(C-900, CL-150) 853 LF $34.62 $ 29,530.86 CD 0 C 12" PVC Water Main (C-900, CL-150) 1,075 LF $39.81 $ 42,795.75 i a) 12" PVC Water Main (C-900, CL-200) 110 LF $44.52 $ 4,897.20 0 0 et Fire Hydrant Assembly, Complete 7 EA $4,085.48 $ 28,598.36 0 a) Automatic Flushing Device%iv/gate valve 1 EA $6,062.58 $ 6,062.58 = Temporary Bacterial Sample Point 2 EA $150.00 $ 300.00 70" c ,--,, 12"Gate Valve 1 EA $2,313.86 $ 2,313.86 10"Gate Valve 1 EA $1,974.66 $ 1,974.66 t`DI 4" 3M Magnetic Ball Markers Allowance (Every 200 LF and at Each Pipe Elbow Location) 30 EA $20.07 $ 602.10 ra co Potable Water Total $ 167,891.75 .->- I do hereby certify that the quantities of material and services described above are a true and an accurate a) it representation of the system. 8 CERTIFYING: Vl al 0 ti' ,* - I (`ja4:434"1 ( 12 Jayson Oreschnick, Vice President ..E OF: Haleakala Construction, Inc. x u.i 5758 Taylor Road c Naples, Florida 34109 STATE OF FLORIDA ) ) SS: 0 174 COUNTY OF COLLIER ) The foregoing instrument was signed and acknowledged before me this 27th day of July, 2015 by Jayson Oreschnick ,who is personally known to me and who did not take an oath. SEAL: ,...„ af.ovid / adk , i / . `11116tmew---,..*\...: w _ f",NLINDA MAHON MY COMMISSION If FF110638 1 :41 EXPIRES:February 21,2019 &mind Thru.Wray Pubfie Undenatliefs IC Packet Pg.497 16.A.18.c ,–. ,....._ Collier County Growth Management Division 2800 Horseshoe Drive N. Naples, FL 34104 239-252-2400 RECEIPT OF PAYMENT Receipt Number: 2015256130 ,....., ,-- Transaction Number: 2015-036598 a) Date Paid: 07/06/2015 fn cis 0.. Amount Due: $4,000.00 .c 3 Payment Details: Ea3 Itm,rAt .AL—loct Amount Paidh lc. IE 0 Check $4,000.00 8746 it el 1-... Amount Paid: $4,000.00 o En Change / Overage: $0.00 cc c.) Contact: US Home Corporation a) 10481 Six Mile Cypress Pkwy 0 c Ft Myers, FL 33966 as a. a) c.) c..) FEE DETAILS: a u) w P' Fee Description Be e.,a_:gn.MbJJ.MIIME Original AILLUDI GL Account •;-.- _Egg Enid, Refundable Bonds PL20150001534 $4,000.00 $4,000.00 670-000000-220113 Ta C iZ.---- cs4 co Cashier Name: AlinaHarris Batch Number: 4576 ,- Entered By: melissaalvarez 0 cn co a. a) It err 'a o en as — C) 4 ...6 a- x UJ C t) t.) 2 Zi Packet Pg.498 113A.1 8.d MEMORANDUM DATE: 8/25/2015 TO: Trish Morgan, Supervisor, Clerk to Board FROM: Melissa Alvarez, Operations Coordinator Engineering and Natural Resources, GMD U) a) RE: Trevi Phase 1 (Casoria) a. PL20150001534 •- > a) Water and Sewer Facilities Acceptance .r. U) co Attached please find Utilities Performance Security (UPS), in the form of an Irrevocable Standby Letter of Credit No. FGAC-15191, in the amount of$49,826.66 for the above-referenced project for your safekeeping. 46. a) 6.) If you have any questions, please call me at 252-2279. attachment To C Cl C .a 0 C. 4; C E 441' Packet Pg.499 FIDELITY GUARANTY AND ACCEPTANCE CORP 700 NW 107 AVENUE - SUITE 240 MIAMI , FLORIDA 331.72 PHONE 1305)553-8724 :t IRREVOCABLE STANDBY LETTER OF CREDIT NO:FGAC.15191 ISSUER: FIDELITY GUARANTY AND.ACC;EPTANCE CORP,I11k,REINAFTER ISSUER"I DATE OF ISSUE: AUGUST 17,2015 PLACE OF EXPIRY` AT ISSUER'S COUN'T'ERS LIGATED AT 700 NW 107 AVE.`SUITE'740 MIAMI,FLORIDA.33172.°PHONE:430S) 34724° = �r ,DATE GE EXPIRY; I'3.-tlS CREDIT SHADE UE,v414p. N LIL,AUGIJST.17, ?9,17, ANit) SIIALI II IE,RLAFT.EI2; , ,13E AUTOMATICALLY RENEWED FOR SUCCESSIVE ONE-YEAR PERIODS ON TIME ANNIVERSARY Or`LTTE ISSt I= t1 I; SS AT LEAST SIXTY (66) DAYS PRIOR TO ANY u°ii SVC II ANNIVERSARY DATE. THE'ISSUER NOTIFIES THE BENEFICIARY 1N WRITING s 'EY REGigrERED.MAIL THAT THE ISSUER EUR'I.S NOT TO RENEW THIS CREDIT, a APPLICANT:- LENNAR HOMES.-LLC.(HEREINAFTER;`DEY'ELOP,F,R"I, - 132 I 041i-1 SIX,MILE CYPRESS 4PARF AY- ca FORI MIYERS,FLORID A33256 , c BENE1U1ARY: T'UE'BOARD OE COt N Z '1 "Y'COMMl'SSIONTRS.CO1 EIrrz CC7["NTY,FLORIDA ) (HEREINAFTER-BE EPICTr' Y"'j' U ("C)ENGINEERINO ANDNATURAL RESOURCES S 2800 NORTH,HORSESHOE DRIVE a. IAT'T1S�.IL341tI _ AMOUNT: UP rO AN AGGREGATE AMC)LIN r OF S49,/316 (FORTY NINE THOUS EIGHT ° IILNI REF)'I VE'NTY SIX AND 667i I)0 C''T1OLEARS) ,„ 'RE:` ‘ T VI BAY.-TREV4 PIFASE 1 m CREDIT AVAILABLE : y WIT!!: ISSf ER ` BY: . -PAY VIEN t AGAINST DOC`i7' RtN't5 -AND'3FN'TFICIA12Y'S DRAFTS'' "AT STGItt,DIIAw ()N'Tr=T:i"1sst, R ' ,r f, DOCt ENI'"SREQUIIti;I3:AVA1EL E BY' EPICIARY'S°r FT:0)AT SIGHT DRAWN ON TUE-ISSUER-AN1), PRESENTED AT.PLACE,DE, .EXPIRY,: ACC MP.5NITED),11Y"BENEFICIARY'S,,,STATEMENT EENT RURPORJ'ED.t.Y;• E 1�j11 L LI ,`l +I t 1l.A tir.D TE ,3y TI;,IE C{JI T ¢r AN Q P«x G ILI II [ I S (1NE 4.ERJIFyNU;TLi4T•,:::,.. .e 2 A. ° "1,1)DEVELOPER HAS fAfEttito C'ONS"TRUCfi AND OR MAINTAIN THE SANITARY SEWER"Aa1 I)I'C)T 1F3I 1 0 �A rE CONSTi2t c 1b'AS SflO TON tat Lr .§FO tkEVtSdBA _. �t rili sR: I ct.ORDING'Tfi 'R`ETF VERWICM'ION'(`7PEINAE COI DATED-It.ULY`21;°2015iPR'EPARED I3Y41AEEAXATA°CE7NSTRUC'°TIO ." o [NC.(THE ICSTRM'ATES'~)ANDAS R i1IRED(BY4 COLLWR COt.INTYORD1NANCES-ANI>RESOLtU'rIONST 1ILR "LAND-=DEVELOPMENT E:-REGULATIONS,)..:11T.) DEVELOPER,-HAS BEEN GIVEN fi WR-17 tEN Ea O rICEr V >_ �CRIBJNG,T;IEVENT,oR c.QNDI.CI,f)N OF$US.I ,,D A1fI I:1N'ItE SO ;ARM,E E tAIL BY,ECEI?.I B ILI FRAIL REJLRN..RECELPT RLQLLS rLI ANCD 1111)Til DC;1'AL;LI HAS.NOT BEEN CURED WITHIN THE,CURE,,. PERIODPROVIDED FOR THEREIN,IF ANY OR t4 13. "IT IS LESS TITAN 15 DAYS.PRIORtTO THE-DATE OFi EXPIRY•=THE-APPLICAN"I'HAS FAILED,TOCOMPLETE ETr :THE.REQUIREI),FINAL ACCFP,TANt:E,PROCELIURES, AR,LtEQUIRED BY, THE.COLLIER CO1,")N:1;Y -UTILI'fl' , ._- �.SCANDARDS ANI) PROCEDURES.ORDINANCl ,AND T11E,-.AI'PLICA„N`I' HAS, FAILED TO PROVIDE T11E COUN UN \VrrH SATISFACTORY- AL"I'ERNATIVE PERFORMANCE SECURITY AS REQUIRED By T(-(AT' - ORDINANCE:. Packet Pg.`500, 1 AA ::> , > a . , a.: : ye: : »� , mz : . . . . »» »w : , . a, <a . . . . : , »w :: m: a<» »: . : . . « cw» w �wmw ». . . . . . m : »: \ w. s, » 1 » . . } } \ } k m \ } E / CC \ .! | k 0 } , . 0 ` ( » § \ } } i } i a) , .1, �, ( \ t \ | \ ƒ § i . I: ir 1 !2 CNI \ (I ! 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AND \NY SUCH REFERENCE SIIAI I NOT III DI'I'vti-D TO INCORPORATE I II RI'I\ BY REF'RI"\(:'E: -c ANY DOCUMENT.INSTRUMENT OR AGREFAMF_N T. a m ISSUER HEREBY ENGAGES WITH BEN (CLARY THAT DRaAFIISl DRAWN UNDER AND IN COMPLIANCE V'LI II- THE TERMS AND CONDITIONS 01 THIS CREDIT WILLBE DULY,HONORED 13V' IS'SUER.IF PRESENTED \VI I I TILE VALU,iTY OE THIS CR.EDI"I "FOGEIMER WITH 731E DOCUMENTS RI:QLIRLD IIERELN AT TRE PLACI; 01 s= EXPIRY PRIOR TO 4;00 P.M.17,S I.ON OR PRIOR'10 THE DATE OP'EXPIRY. C3 THIS CREDIT' IS SUBJECT TO THE UNIFORM CI:!STOMS~AND PRACTICE FOR f)OCIIMENTARY CREDITS (20(r REVISION}INTERNATIONAL CHAMBER OF CO fERC"I:Pf1FIl.,ICAT`'tON-?DC7:600. m d-. a- FIDELITY GUARAN I l' : .til.)ACCLI I NCE FORT_ a) cu cu D'AVII)C'{)1,1,INS,CON ITRCOL.LI'.R -� C L cc 7.1 zs c 0 O >, Q. O U C E 0 CO Packet Pg. 502 .., ..„, 16A.1 84 ' . , •i . , f 6 , I' ! e e 1 ' .c . a. •- , > w , 1 , ! it: as, , s. 1 ; .1 • . 0 ca m 0 . , . . , a> (.3 C I ca , 4.4 a) (..) 0 , (n e .— /---\ ' = . M , .44 ;; N , 1 1 1: , ,4 I , 0 , . 0 I , 0 C ' . a) i , E , u , I 1 , . ' I I ' . 1 . . . . . Packet Pg.503'