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Agenda 03/25/2014 Item #16A 3 3/25/2014 16.A.3. EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond No. 105870788 in the amount of $30,000 which was posted as a development guaranty for work associated with Creekside Commerce Park East, Early Work Authorization PL20130002180. OBJECTIVE: To release a security which was posted as a development guaranty in the amount of$30,000.00. CONSIDERATIONS: Engineering Services routinely accepts securities administratively as guaranties for developer commitments. This security was provided in association of an Early Work Authorization which was issued pursuant to Section 10.01.02 B of the Collier County Land Development Code. The work associated with this security has been inspected and the developer has fulfilled his commitments with respect to this security. The subject security was provided for work associated with a planned commercial project. The Performance Bond was posted as security for clearing and site filling in advance of the final subdivision approval for the Creekside Commerce Park East project. On December 10, 2013, the Board of County Commissioners approved the final plat and construction plans for Creekside Commerce Park East. The construction plans and plat for this project have been approved, and this bond is no longer required. The construction plans include approval for clearing and site filling. FISCAL IMPACT: There is no fiscal 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 GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this Executive Summary. RECOMMENDATION: Recommendation that the Board of County Commissioners authorize the Clerk of Courts to release Performance Bond No. 105870788 in the amount of $30,000.00. Engineering Services 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: John Houldsworth, Senior Site Plans Reviewer, Engineering Services/Growth Management Division, Planning and Regulation Attachments: 1) Copy of Performance Bond Packet Page-408- 3/25/2014 16.A.3. COLLIER COUNTY Board of County Commissioners Item Number: 16.A.3 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond No. 105870788 in the amount of$30,000 which was posted as a development guaranty for work associated with Creekside Commerce Park East,Early Work Authorization PL20130002180. Meeting Date: 3/25/2014 Prepared By Name: houldsworthj Title: Site Plans Reviewer, Senior,Engineering&Environmental Services Approved By Name: puig_j Title: Operations Analyst,Community Development&Environmental Services Date: 02/20/2014 10:56:31 AM Name: JackMcKenna Title: Manager-Engineering Review Services,Engineering&Environmental Services Date: 03/05/2014 10:58:48 AM Name: scottstone Title: Assistant County Attorney, CAO Land Use/Transportation Date: 03/07/2014 09:19:23 AM Name: marcellajeanne Title: Executive Secretary,Transportation Planning Date: 03/11/2014 11:48:39 AM Name: markisackson Title: Director-Corp Financial and Mngmt Svs, Office of Management&Budget Date: 03/13/2014 10:26:13 AM Name: KlatzkowJeff Title: County Attorney, Date: 03/13/2014 03:57:00 PM Packet Page-409- 3/25/2014 16.A.3. Name: ochs_l Title: County Manager, County Managers Office Date: 03/14/2014 03:12:47 PM Packet Page-410- 3/25/2014 16.A.3. PERFORMANCE BOND (Re-vegetation) BOND NO. 105870788 KNOW ALL PERSONS BY THESE PRESENTS:that Creekside East, Inc. (Name of Owner) 2600 Golden Gate Parkway (Address of Owner) Naples, Florida 34105 (Address of Owner) (Hereinafter referred to as"Owner")and Travelers Casualty and Surety Company of America Name of Surety) One Tower Square 3B (Address of Surety) Hartford,CT 06813 (Address of Surety) (800)873-1477 (Telephone Number) (hereinafter referred to as"Surety")are held and firmly bound unto Collier County, Florida,(hereinafter referred to as County') in the total aggregate sum of Thirty thousand and 00/100 Dollars($ 30,000.00)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 of a certain subdivision plat named Creekside East, Inc. and that certain subdivision shall include specific improvements which are required by Collier County Ordinances and Resolutions(hereinafter "Land Development Regulations").This obligation of the Surety shall commence on the date this Bond is executed and shall continue until the date of final acceptance by the Board of County Commissioners of the specific improvements described in the Land Development Regulations(hereinafter the"Guaranty Period"). 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. Packet Page -411- 3/25/2014 16.A.3. IN WITNESS WHEREOF,the parties hereto have caused this PERFORMANCE BOND to be executed this 8th day of October, 2013. ,� WITNESSES: (Ow er - 'e a%• itle if C. poration) CREEKSIDE,A0E.ERsr 2J4G. —y✓`.��- By:/ .I, LbovULAS i✓..13a'rl i:2.D Pri ted Name Cr.�u�;,t c -,��.--1 Pri.t- • title ,Vice President . 1.4 , ..E (Provide Prope , • - ce of Authority) Printed Name /JO,-y'!!'1-M. it ,yrt ACKNOWLEDGEMENT COUNTY OF COLLIE-E. THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS DAY OF / (44# / OeToa& ,20 13 , by LDOLX 1 S E. BM (NAME OF ACKNOWLEDGER)AS Vier. f eSiDarr (TITLE)OF Ce Ee'SIDE EST Doc- (NAME OF COMPANY) WHO IS PERSONALLY KNOW TO ME,OR HAS PRODUCED AS IDENTIFICATION. Notary Public-State of (SEAL) ' • " DIANE L V)GNEAI MY COMMISSION I EE 200820 ■ � � '+�-_i•.-gi EXPIRES:July 13.2016 AO,: Bonded Thu Notary Fabric Underwriters i Printed Name Di9,0e, L. V 6Aieei • SURETY WITNESSES: Suret : r�velers , sua1, a rety Corrppany of America s A 1U;, , a' ,- ( I\j/,_A, ,- P�ted Name f[, S�/4.101tn Printed 'Name/Title)�e ; ( a t Title'`Charity A.Strassel,Attorney-In-Fact 4_, ,C ?j ,,, ,Z' (Provide Proper Evidence of Authority) Printed Name -Te ri, G. %��a C'l�°/A ACKNOWLEDGEMENT COUNTY OF Collier THE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS DAY OF X-141 / QCT ryr.4' , 20 13 , by Charity A.Strassel (NAME OF ACKNOWLEDGER)AS Attorney-In-Fact (TITLE)OF Travelers Casualty and Surety Company of America (NAME OF COMPANY) WHO IS PERSONALLY KNOW ME. Notary Public-State of �~' ,etoi n ( EAL) i _r _ • / . . •; Printed Name :A4° t THERESA A LINEHAN MY COMMISSION#FF033188 "':!.....c.),pyd?fi EXPIRES July 2.2017 (407)398-0153 Flor)dallotaryService.c ■` // Packet Page-412- WARNING:THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER 3/25/2014 16.A.3. a r ` POWER OF ATTORNEY TRA 1 L Farmington Casualty Company St.Paul Mercury Insurance Company Fidelity and Guaranty Insurance Company Travelers Casualty and Surety Company Fidelity and Guaranty insurance Underwriters.Inc. Travelers Casualty and Surety Company of America St.Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company St.Paul Guardian insurance Company Attorney-In Fact No. 774190 Certificate No. 005542967 KNOW ALL MEN BY THESE PRESENTS: That Farmington Casualty Company,St.Paul Fire and Marine Insurance Company, St. Paul Guardian Insurance Fdelity ,.St. Paul Mercury Company Insurance corporations duly.Travelers or a z Casualty Surety Travelers that Fidelity lit}and Guaranty tyinsurance Company tisea corpora and Guaranty Company are cowl o corporation duly organized under the laws of the State of Iowa,and that Fidelity and Guaranty Insurance Underwriters,Inc.,is a corporation duly organized under the laws of the State of Wisconsin(herein collectively called the"Companies'),and that the Companies do hereby make,constitute and appoint Huntley A.Hornbeck TI,Kristin M.Neiert,Marc E.Williams,Stephen J.Benza,Betty L.Curry,and Charity A.Strassel of the the of Naples _•State of Florida _-_ their true and lawful Attorney(s)-in-Fact, each in their separate capacity if more titan one is named above,to sign,execute,seal and acknowledge any and all bonds-recognizant es,conditional undertakings and other writings obligatory in the nature thereof on behalf of the Companies in their business of guaranteeing the fidelity of persons guaranteeing the performance of contracts and eY cuing or guaranteeing bonds and undertakings required CY permitted in any actions or proceedings allowed by law. 28th IN WITNESS WHEREOF,the Companies have caused this instrument to be siened and their corporate seals to he hereto affixed,this June day of_._. — — • Farmington Casualty Company St.Paul Mercury Insuranze Company Fidelity and Guaranty Insurance Company Travelers-Casualty and Surety Company Fidelity and Guaranty Insurance Underwriters.Inc. Traveler•Casualty and Surety Company'of America St.Paul Fire and Marine Insurance Company United States Fidelity and Guaranty Company St.Paul Guardian Insurance Company ` ..^.^,... ,•n.,� zv aNO w`0'°anv �1TY.1,ltp TY t ri... 4w• .I<,,r...ks�\ 'e� ,,, ry,,,, sc <+ c i, -ns�q Olt , ` . � fro m : �` 2 pM�r.� C�+'�a 6 m J � -, g mt yak _ f ¢ NkftTFOfiD < �a'FNATFORG �`i `V �,�p 0 1982 o �t 1977 INCDIIFaftgtED�.. ", / i t SEAL!o l t z`•SIi,A.L..r 1 ? CONN. t TSt S`- z o s -� i•'•.. ,{f 1 6'•. a \\ AH1 r .- 195i .E o o.... 'a s a , v4 Pei �i ,,w /,. Stitt-oi Conu 't1C ii PI -:.a!rcrt L.s ,'s. io• ,is 'resident Cit cf Ihtrrbro ss. :81}1 t tt '?U 1 before s, t'iy no 1 d i? t I-.I na ha acknowledged himself to On this the —_— _ _ � 'ni _ ----- — be the Senior Vice Pre.,id`nt of F inninfltoil( isuaity Company, Fidelity and Guaranty isuraI...0 Company.Fid Arty and Guaranty In,aranee Underwriters,Inc.,St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company,St.Paul Mercury Insurance Company.T raw elet s Casualty and Surety Company,Travelers Casualty and Surety ety Company if America.icr and United States Fidelity and Guaranty Company.and that he.as such,being authorized so to do,executed the foregoing instrument for the purpose,, herei,,contained d f y -taming on behalf of the corporations by himself as a duly authorized officer. . j".11.7‘ • ii. ' i -o. In Whm s Whereof,a 1 -ie inu r.,a band nd of it ra,seal. v` si4iie -. -,��anit.Notary Public M C ommtssion .,nc s the.Milt ha, cif:ur 2,20 5 ,*PUMP 58440-8-12 Printed in U.S.A. WARNING:THIS POV'TT"r "'T"°'-'""Q'""faLID WITHOUT THE RED BORDER Packet Page -413- WARNING:THIS POWER OF ATTORNEY IS INVALID WITHOUT THE RED BORDER 3/25/2014 16.A.3. This Power of Attorney is granted under and by the authority of the following resolutions adopted by the Boards of Directors of Farmington Casualty Company,Fidelity and Guaranty Insurance Company,Fidelity and Guaranty Insurance Underwriters,Inc.,St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company,St.Paul Mercury Insurance Company,Travelers Casualty and Surety Company,Travelers Casualty and Surety Company of America,and United States Fidelity and Guaranty Company,which resolutions are now in full force and effect,reading as follows: RESOLVED,that the Chairman,the President,any Vice Chairman,any Executive Vice President,any Senior Vice President,any Vice President,any Second Vice President,the Treasurer,any Assistant Treasurer,the Corporate Secretary or any Assistant Secretary may appoint Attorneys-in-Fact and Agents to act for and on behalf of the Company and may give such appointee such authority as his or her certificate of authority may prescribe to sign with the Company's name and seal with the Company's seal bonds,recognizances,contracts of indemnity,and other writings obligatory in the nature of a bond,recognizance,or conditional undertaking,and any of said officers or the Board of Directors at any time may remove any such appointee and revoke the power given him or her;and it is FURTHER RESOLVED,that the Chairman,the President,any Vice Chairman,any Executive Vice President,any Senior Vice President or any Vice President may delegate all or any part of the foregoing authority to one or more officers or employees of this Company,provided that each such delegation is in writing and a copy thereof is filed in the office of the Secretary;and it is FURTHER RESOLVED,that any bond,recognizance,contract of indemnity,or writing obligatory in the nature of a bond,recognizance,or conditional undertaking shall be valid and binding upon the Company when(a)signed by the President,any Vice Chairman,any Executive Vice President,any Senior Vice President or any Vice President,any Second Vice President,the Treasurer,any Assistant Treasurer,the Corporate Secretary or any Assistant Secretary and duly attested and sealed with the Company's seal by a Secretary or Assistant Secretary;or(b)duly executed(under seal,if required)by one or more Attorneys-in-Fact and Agents pursuant to the power prescribed in his or her certificate or their certificates of authority or by one or more Company officers pursuant to a written delegation of authority; and it is FURTHER RESOLVED,that the signature of each of the following officers:President,any Executive Vice President,any Senior Vice President,any Vice President, any Assistant Vice President,any Secretary,any Assistant Secretary,and the seal of the Company may be affixed by facsimile to any Power of Attorney or to any certificate relating thereto appointing Resident Vice Presidents,Resident Assistant Secretaries or Attorneys-in-Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof,and any such Power of Attorney or certificate bearing such facsimile signature or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by such facsimile signature and facsimile seal shall be valid and binding on the Company in the future with respect to any bond or understanding to which it is attached. I,Kevin E.Hughes,the undersigned,Assistant Secretary,of Farmington Casualty Company,Fidelity and Guaranty Insurance Company,Fidelity and Guaranty Insurance Underwriters,Inc.,St.Paul Fire and Marine Insurance Company,St.Paul Guardian Insurance Company,St.Paul Mercury Insurance Company,Travelers Casualty and Surety Company,Travelers Casualty and Surety Company of America,and United States Fidelity and Guaranty Company do hereby certify that the above and foregoing is a true and correct copy of the Power of Attorney executed by said Companies,which is in full force'and'effect and has not been revoked. IN TESTIMONY WHEREOF,I have hereunto set my hand and{affixed the seals of said Companies this ( 1 P day of LPL L �'�I 20 ! rim'' f Kevin E.Hughes,Assistant Sec tart' pssv rwu,, ^.,, 02[�A�t� ,f^. T`F10.G b f �'''.INSV9 PY s p`. �Y A�.O V, d 6 C1 i �1 !I,4°e RROR GJ,.. ..'.yti s, dG .0.0.4\ rifi A% Ca�19.8�,2.� 0 _ :=^% x n'`s n, 1W^ z ^RL7^ t f� 4«:^ .- fim ar:GOA-RRTf:�Pt ° min " �b J, � �,`,"'mom._ �!� � n �f i n ic° HhRtFORD, i � r1 ry o' 0 s E .>co. �1.`,. A L_.o >`tSE]LL,-ab �` coru $ 8 a a A1N To verify the authenticity of this Power of Attorney,call 1-800-421-3880 or contact us at www.travelersbond.com.Please refer to the Attorney-In-Fact number,the above-named individuals and the details of the bond to which the power is attached. WARNING:THIS POWER OF ATTORNFV IS INVGI in uurrunUT THE RED BORDER Packet Page-414-