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Agenda 03/25/2014 Item #16A 9 3/25/2014 16.A.9. EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Security in the amount of 513,820 which was posted as a development guaranty for work associated with Sierra Meadows Lot 8(PL20130001422). OBJECTIVE: To release a security which was posted as a development guaranty in the amount of$13,820.00. CONSIDERATIONS: Engineering Services routinely accepts securities administratively as guaranties for developer commitments. 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 residential project. The Cash Bond was posted as security for clearing associated with an Early Work Authorization for Site Development Plan (SDP) within the Sierra Meadows commercial subdivision. On September 30, 2013, Engineering Services approved the final site development plan for Sierra Meadows Lot 8 (SDP-PL20130000496). The construction plans for this project are approved and the lots have been cleared and stabilized, so this bond is no longer required. 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 the Cash Bond in the amount of $13,820.00. 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 Receipt Packet Page-475- 3/25/2014 16.A.9. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.9. Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Security in the amount of$13,820 which was posted as a development guaranty for work associated with Sierra Meadows Lot 8 (PL20130001422). Meeting Date: 3/25/2014 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer, Senior,Engineering&Environmental Services 2/25/2014 11:50:44 AM Approved By Name: PuigJudy Title: Operations Analyst, Community Development&Environmental Services Date: 2/27/2014 11:15:01 AM Name: McLeanMatthew Title: Project Manager,Principal, Operations and Regulatory Management Date: 2/27/2014 2:54:17 PM Name: McKennaJack Title: Manager-Engineering Review Services,Engineering&Environmental Services Date: 3/5/2014 11:50:15 AM Name: StoneScott Title: Assistant County Attorney, CAO Land Use/Transportation Date: 3/7/2014 9:19:32 AM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 3/11/2014 11:48:46 AM Name: IsacksonMark Title: Director-Corp Financial and Mngmt Svs, Office of Management&Budget Date: 3/13/2014 10:58:50 AM Packet Page -476- 3/25/2014 16.A.9. Name: KlatzkowJeff Title: County Attorney, Date: 3/13/2014 4:26:15 PM Name: OchsLeo Title: County Manager, County Managers Office Date: 3/14/2014 3:26:00 PM Packet Page-477- 3/25/2014 16.A.9. • Growth Management Division y: ., :• 2800 HOrseshue Drive N �' �,..'..,:,._ ► Naples,ILL 34104 2'39-252-2400 RECEIPT OF PAYMENT Receipt Number: 2013124761 Transaction Number: 2013-027544 Date Paid: Q7/11/2013 Amount Due; $13,8201.00 • Payment Details: h9 Amount Pal Check i imkr Check $13,820.00 10001060001 Amount Paid: ,$13,820.00 Change/ Overage: $0.00 Contact: THE HENNING GROUP, LC 4344 CORPORATE SQUARE, STE 1 Naples, FL.34104 FEE DETAILS: EficDeactlt:tlan. 1 sierst c dumber Ilriabial AMAMI £iJLAgsmi nt r.ft2 Rohl Reirundable.BDnds 4'L20130001422 $13,820.00 113,820.00 670-000000-220113 • Cashier Name: LeaDerence Batch Number: 3234 Entered Ely: CralgCallls • Packet Page-478-