Agenda 09/09/2014 Item #16A10 9/9/2014 16.A.10.
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EXECUTIVE SUMMARY
Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of
$103,500 which was posted as a development guaranty for an Early Work Authorization (EWA)
(PL20130000727)for work associated with Mockingbird Crossing.
OBJECTIVE: To release a security which was posted as a development guaranty.
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
Performance Bond was posted as security for clearing associated with an Early Work
Authorization for Mockingbird Crossing (AR-9975). On May 19, 2014, the final plat for
Mockingbird Crossing was recorded. Once the plat has been recorded and the subdivision
performance security has been accepted and the property has been stabilized, the Early Work
Authorization 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: That the Board of County Commissioners (Board) authorizes the Clerk
of Courts to release Performance Bond No. 41262905 in the amount of$103,500.00. Engineering
Services will issue a memorandum to the Clerk of Courts upon approval of this item by the
Board,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
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COLLIER COUNTY
Board of County Commissioners
Item Number: 16.16.A.16.A.10.
Item Summary: Recommendation to authorize the Clerk of Courts to release a
Performance Bond in the amount of$103,500 which was posted as a development guaranty for
an Early Work Authorization (EWA) (PL20130000727)for work associated with Mockingbird
Crossing.
Meeting Date: 9/9/2014
Prepared By
Name: HouldsworthJohn
Title: Site Plans Reviewer, Senior,Natural Resources
7/9/2014 10:52:07 AM
Approved By
Name: PuigJudy
Title: Operations Analyst,Community Development&Environmental Services
Date: 7/18/2014 5:00:33 PM
Name: McKennaJack
Title:Manager-Engineering Review Services,Natural Resources
Date: 7/25/2014 11:44:04 AM
Name: StoneScott
Title:Assistant County Attorney,CAO Land Use/Transportation
Date: 8/19/2014 8:11:13 AM
Name: MarcellaJeanne
Title:Executive Secretary,Transportation Planning
Date: 8/21/2014 10:14:27 AM
Name: KlatzkowJeff
Title: County Attorney,
Date: 8/21/2014 2:55:05 PM
Name: IsacksonMark
Title: Director-Corp Financial and Mngmt Svs,Office of Management&Budget
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Date: 8/21/2014 3:01:55 PM
Name: FinnEd
Title:Management/Budget Analyst, Senior,Transportation Engineering&Construction Management
Date: 8/21/2014 3:45:30 PM
Name: OchsLeo
Title: County Manager, County Managers Office
Date: 8/25/2014 2:33:30 PM
III
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PERf CiFtMA ACE BOND
BOND NO. 4/262905
"Vegetation Clearing of Lots"
KNOW ALL PERSONS BY THESE PR,_SSENTS:that
O.R. Horton, Inc.
(Name o1`Owner;
13880 Treeline Ave. S., Ste. 3 (Address of Owner)
Fort hMyerS. Ft. 33913 (Address of Owner)
(Hereinafter referred to as"Owner")and
Platte River Insurance Corr!p rye_ (Name of r'rurety)
500 NOrthridive Rd., Ste. 375 (Address of Seret',)
Atlanta, GA 30350 — _--_� (,Address:of surety)
(678)52843502
--- -------------- ----_-• A:Telephone akimbo)
(hereinafter referred to as`Surety")are held,and firmly bound unto Collier County,Florida,thereinafter
referred to as "County") m the total aggregate sum of vne Hundred Tnree Thousand' Dollars
IS 103,500 00.__:) in lawful money of;he United States,for the paeieet t of w1aich sum well and truly
to be made,we bind ourselves,,our heirs, executor:,,adnvi.Mlstrat:cws,successors and assigns,jointly and
severally,firmly lay these present i. Owner and Surety are used for singular or plural, as the context
requires.
Five'Hundred and 00/1(10 Dollars
THE CCNDITIC)N OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by
the Board of a certain subdivision plat named MOCicirtgbArei Ci'ASSinca and that
certain subdivision shall Incfudespecific improvements which are required by Collier County Ordinances
and Resolu tions (hereinafter "Land i)evelopment Regulation:'). This obligation +af the Surety shall
commence on the date this Bond is execrated and shall continue until the date of final acceptance by the
Board of County Conuni:seioners of the specific improvements cle,scrib d in the Land Development
Regulations(hereinafter the'Guaranty Period")..
NOW THEREFORE.,if the Owner shall Well,truly and faithfully perform ICS, obligations;and duties
in accordance with the Land Development Regulations during the g iaranty period established by the
County,and the Owner shall satisfy alt claims and demands Memel 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 geed any default„then this obligation shall be void,otherwise to remain in full force and
effect.
PROVIDED,FURTHER;that the said Surety,for value re;PivecF_hereby,stipulates and agrees that
no change; extension of time, alteration, acidifier' 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,elteretion,addition or deletion to the proposed specific:improvemeynts.
PROVIDED, FURTHER, that it is: expressly agreed that the Bond shall be deemed amended
automatically,and immediately, without fornriii and separate arne•rrhrents hereto; so as to bind the
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Owner and the Surety to the full and faithful performance in:acaudance with the land Development
Regulations. The term"Arnenciment";wherever used in this Ek►nd,and whether referring:to this Bond,
or other documents shall include any alteration,addition or modification of anp character whatsoever.
IN WITNESS VNiiERES11:,�the parties hereto have caused this PERFORMANCE BOND to be
executed t his 1 51.tr. d rsf _Jr. 201�'---_/
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D.R. rt)1't01't Inc.
1iNiSSES:_, (Owner Ha e and Title if Co-,poralbn) ,.��
7 . Ely: c +¢' 't)r 0 '
Printed Name Pr•'ente.d Na
i;4 Mt v P ¢__- (Provide Proper of Authority)
2rinted Name --
,,tt ACKNOWI£DEMENT
•STATE OF_ F_(�- 1_:J
COUNTY OF ( _ice e -- -.
THE FOREGOING PERFORMANCE .BONG WAS ACKNOWLEDGED BEF',�JRE ME THIS DAY OF
1+„S. a J�11= 1_/.1 1.4 Z0 , 1__, by ..1 C.1t3. Lac? 1:.C`1'� E'_L __(NAME
OF ACKi�i()V'JLEDGE_R AS ,i r1TL.E)OF '' . (NAME OF
COMPANY)WHO IS PERSONALLY Y KNOW TO ME,OR. HAS PROl3UCE:i)
AS ICrE WTI!CAI ION.
Notary Public: Stage of 1_„- 2SiC ___-
(SEAL) r 0;1".__ M ARY C AR_
GLYN SHANNON
'14*4 • s C�, • h sicr*EE 972305
'Y+111 1r123 rL1 _., ' My Corr.mrtssco ErPres
;��¢i PebtuOtY 07, 2017
Printed N me
(-) -1')1 -41\1C-tli
Platte •ver Insurance Company
geal
By
■nett E. Cardinale, Attorney-in-Fact&
Florida Licensed Resident Agent
cic voLu&.OF Ft 4p.1OA
3000 BAYPORT C fVE..300
T
WA A.FL MOOT
:IVCrLiIMISS (R13)2E11-2005
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crru �1, IC:. ,TE OF At' s I�IEKi Tt� '
The unci nsigned hereby certifies as follows:
1. He is a duly elected,qualified and acting Assistant Secretary of D.R,1-lccrton,Inc.,a
Delaware corporation (the "Company"), is Familiar with the filets herein certified and is duly
authorieed to certify_the same.
2. The following is at true,correcst and comple'te copy of.resolutiotts related to thesubj'ect
matter as adopted by the C ense:to:of Executive Committee rnitiee ofthe Board of Directors of the Company
dated July 16, 2007.(thee"Resolutions"). The Resolutions have not been amended, rescinded or
modified and remain in fi:li force and effect as of the date hereof:
Authority of Assjlf rat_Gcx
WHEREAS, effective January 3, 2007, Jonathon M. Pentecost was duly
elected to the office of Assistant Secretary of the Company (the "Assistant
Secretary") in the Company's South Florida Division(the"Division").
WHEREAS,effective June 8,2007,Jonathon M. Pentecost's authority was
expanded,and it is now desirable to further expand his authority.
NOW,THEREFORE,BE IT RESOLVED,that the Assistant Secretary is
hereby authorized,in the ftivision and in the name and on behalf of(i)the Company,
(ii)any partnership of which the Company is a general partner,manager or agent,and
(iii)any limited liability company of which the Company is a member,manager or
agent(collectively, the"Entities"),to sign,modify and terminate,froart time to time
as he deems it to be in the best interest of the Entities,construction contracts,scopes
of work, purchase orders, change orders relating to options and construction
contracts, architecutrad agreements and other similar or equivalent agreements or
documents for the Division relating,to the business of the Entities.
RESOLVED FURTHER.,that the Assistant Secretary is hereby authorized
and empowered, in the Division and in the name and on 'behalf of the Entities, to
execute and deliver(i)any and all'documents and instruments, including without
limitation general ci: special warranty deeds, bills of sale;, lien waivers, ow'ner's
affidavits, settlement statements and other conversance documents and closing
statements necessary to close the sale of any one or more atingle:-family residences on
behalf of the Entities, (ii) signagc contracts, advertising agreements., ssppliecata.Ons,
consulting agreements,homeowner association documents and similar or equivalent
agreements, docurnents or insstrumerts,and(iii)maps.,plats.,,contracts,a rc me nts
and other documents and instruments for be subdivision, development and/or
improvement of real'property.
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