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Agenda 10/28/2014 Item #16A 710/28/2014 16.A.7. EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $63,420 which was posted as a development guaranty for work associated with Maple Ridge at Ave Maria Phase 2, Early Work Authorization (EWA) PL20130002336. OBJECTIVE: To release a security which was posted as a development guaranty. 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 residential project. The Performance Bond was posted as security for clearing and site filling in advance of the final subdivision approval for the Maple Ridge at Ave Maria Phase 2 project. On September 10, 2013, the Board of County Commissioners approved the final plat and construction plans for Maple Ridge at Ave Maria Phase 2 (PL20130000058). Once the construction plans and plat for this project are approved, the security is no longer required. The construction plans include approval for clearing and site filling. FISCAL IMPACT: Approval of this Executive Summary will have no fiscal impact. GROWTH MANAGEMENT IMPACT: Approval of this Executive Summary will have no growth management impact. LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a majority vote for Board approval. - SAS RECOMMENDATION: That the Board of County Commissioners authorizes the Clerk of Courts to release Performance Bond No. 105742143 in the amount of $6' ),420.00. 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 Attachment: 1) Copy of Performance Bond Packet Page -970- 10/28/2014 16.A.7. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.7. Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $63,420 which was posted as a development guaranty for work associated with Maple Ridge at Ave Maria Phase 2, Early Work Authorization (EWA) PL20130002336. Meeting Date: 10/28/2014 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer, Senior, Natural Resources 10/2/2014 12:17:19 PM Approved By Name: PuigJudy Title: Operations Analyst, Community Development & Environmental Services Date: 10/2/2014 4:38:31 PM Name: McKennaJack Title: Manager - Engineering Review Services, Natural Resources Date: 10/8/2014 12:33:59 PM Name: StoneScott Title: Assistant County Attorney, CAO Land Use /Transportation Date: 10/8/2014 1:47:09 PM Name: MarcellaJeanne Title: Executive Secretary, Transportation Planning Date: 10/13/2014 9:00:10 AM Name: FinnEd Title: Management/Budget Analyst, Senior, Transportation Engineering & Construction Management Date: 10/ 1 4/2014 9:24:11 AM Name: lsacksonMark Title: Director -Corp Financial and Mngmt Svs, Office of Management & Budget Packet Page -971- Date: 10/15/2014 12:58:01 PM Name: KlatzkowJeff Title: County Attorney, Date: 10/15/2014 2:26:42 PM 10/28/2014 16.A.7. Name: DurhamTim Title: Executive Manager of Corp Business Ops, Date: 10/18/2014 4:21:45 PM Packet Page -972- -------------------- - - - - -- 10/28/2014 16.A.7.1 .PE:IZFORMANCE- WILD N___.___0 1E}6742143 KNOU .ALL PERSONS BY '171-iESiE PRESENTS: that CG AMUMaria, L 1.C: whose: address is 2600 Golden C3ata P,�rr� yM✓ Maples Flari,j�i 341()a�— _____�___ (hereinafte:r referred to as "Chnrne:r"', and I . ravelers (�a!su,, jtL& AyretyCSLjMgDjRf,_mejca who €,e address is One Tower Square, Hartford CT CH3183 (hereinafter referred to as "Sure:t:)"'), are held and firmly bound unto E_oard c►f _Cr�unt� r„2�ommissicnsrs of Collier Cnun r FL (hereinafter halted "County "), in the total aggregate; sum of Sbjy three thousand four hunched twe nnty dollars and 00 /1(�1)�_ 63 4S?O CLO)t in 'lawfi.rl money of the United States, for they payment of, which sum well and 'truly to be made, we bind ourselves, our heirs, executors, administrators, a >ucc:essors, and assigns, jointly and severally, firmly by these presents. Owner and Surety are used in the context of singular or plural, as, the context requires.. 'rHE: CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board of a certain subdivision plat named INaale Ridgy Phase_1_& 2 and that certain subdivision shall includes 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 =Band is executed and shall continue until the date of the final acceptance by the Board of County Commissi*onena of the speck improvements described in 'the Land Development Regulations (here:ilnaiter, the "Guaranty Period "). NOW, THERE:FC >Fa =, if the Cwner shall well, tnjly and faithfully perfomr its obligations and clu'ties in accordance with the Land Development Regulations during the guaranty period established by the County, and the Owner shalll satisfy all claim!; and clemands incurred and shall fully indemnify and save harmless the County from and against all costs and damages which it may suffer by reasons of owner's failure to do so, and shall reimburse and repay the County all outlay and expense: for which the County may incur in snaking good any default, then this obligation shall be void, otherwise to remain in full force and effect. f >R;OVIDED, FURTHER, that the 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 anyway .affect its obligation on this Bond, and it does he -reby waive notice of any, such change, extension of time, alteration, addition or deletion to the proposed specific improvements. PROVIDED, FURTHER, that, it is e:xpressrly agreed that this bored shall be deemed amended automatically and immediately, without forrnall 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 IRe:gulations. The 'Term "Ame.ncirrie:nt," whenever used in this Bond, and whether refen-ing to this Bond, or other documents, shall include any alteration, addition or modification of any character whatsoever. IN WITNESS WHE=REOF, the parties have caused this document to be executed this 27"' day of Junes 2.313_ —: OWN E:R: CC Name 8,Title: _ David G ansono __r r � ?age 1 ol 2 Packet Page -973 - -- -------------------- - - - - -- -------- ---- -- Signed, sealed and delivered in the presence Of: \ARTINESP STATE OF FLORIDA COUNTY OF COLLIER 10/28/2014 16.A.7. I The foregoing instrument was sworn to and acknowledged before me this ,'i"TA day of "n 13 by on behalf of w ho I') STRIKE ONE] is FS 2r!qL1j_known to me or produced as identification. (SEAQ NOTARY PUBLIC MYODWASMIFEE2M My Commission Expires: J71;z.,V /-3 4014o EVRMJ*1&2015 p4kUnftM*M If 1!9 ftnow'Tiom""I wm� I r1i I Trav,Oors C #t syna F Lirety C.?ropany of America By: Print Name:_ CetLafty&-Stralls'31 Title: Attor ie -In-Fact Signed, sealed and, delivered in the presence of: Print name: -7 -&L' f- S'j—dol, STATE OF FLORIDA COUNTY OFCOLUER The forepoirig ostrumgrit was sworn to and acknowledged before, me "'Nis 27'" day of June, 2013, on behalf of'k:C by who [STRIKE ONE] is 4) rsonally P-n( (;IT 'produced as identification. NOTARY PUB TH ERE SA A U NE hFAN My ^:ornmizsicn Expire, CatVIVIISSION nj EXPIRES July O'l. g'lji2; Paola 2 of:2 CC- Ave Maria LLC .-Maph) Ridge Phs'42 6-27-13 Packet Page -974- .011111111111111., POWER OF AYTORNE:Y TRAVELE RS J Farmington Casualty Company yidlelity and Guaranty frasu.raii Company 'Fulelitlr and Guarantor InsursnM Underwriters, IIU. 5t. Feet Fire and Iv6irittc Itrsvrance, Company St. F'sul C;vardhtn Insurance 'Company A!:torr ty -b Fact No. 224190 THE ;St F'si Mercury Irrrurancae Company 'Travewrs Cumalty and. Sui Company Travelers Cusuaity and SutY:ty Company of America Lulled stairs Fidelity and Guaranty Company Cev tifleate No. (] i � 4 61. ? (J 4 8 KNOWALLMENERY1"f.1ESE:YRESEl' +:ThatSi Fsu Fire:na Marine It IrccC: CnT "y,at.PettitCrmrlianLaeurmceCon )) myandSt,PaulMancury - Insttrantx Gimpinny are cortcrations duly organimd ender the Itays of the Stmz ofMiritesota, Iha'Famun;gion Ctsualty Company, Travelers (:,tsuelryand Surety Company. and Ttsvel xa Casua:lty .and Surety Coatpamr Df Arr:erica a -e c- c"i7ii ions dray orgemirrd under the laws of the State of Coftniwt,cut, that United States F fidelity and- (iKtsanty Gam(xtny is a c<mxua inxt duly orgnnizrd uncler dle laws cf tilt, State of Maryland, that Fidelity and Guaranty losttrance Cantpany i!;!& crnporation -duty organized uni C)mpul of the State tai• Iowa, and data 1'Edelity and <3attranty Insurance Underwriters, Itic., is a rxnrpatation dot), org;antzed tndm"he laws of the State of Wiscon:iin (?ereiu cacWvely called tilt. - Companies "), and that the Ccmtpanits do 11cre13y stake, ecmstitutrratxl al4vint Huntley A, Hornbeck II, l0istir, IV1. Nelda, Man; E. Wiltiamis; Stephen J. £i(in22, Et ..y L. t;uny, ;and Charity P.. Strasael of the Ca of ___�y _----------------- —, State �' SLR? - _-- , thew true send ]awful Attorney(sl -in -Fact, City Et1CS -- - eaeh in their separate capacity if mar- than cone is naine,i atm)ve, ur sign execdce, stal aid aeltrrowietige any l; tie debts roeorgons, cea, candling t upofo nnw trod_ other writings obligatory in tile. nature thereof on behalf of the Companies in their business of.I.narantreing dtr fidelity of petxcns, gitaratueeing file performttnde. of contntcts and execudal ; -or guaranteeing Bond; and undertakings required ox- peimtths `in any iatpon Pik 1�?cet Engt. allowed by lam'. IN �iTTNESS N;IIfiRI OF, the Curnp.�C l ltt.c cause this nsiTmnentto toe tt�rxd tad thciteorFcrate sessls to be huetn a(ftxcd this day of November g 2nd ' ' • •*. SL Fuld Mercury Imunutce Company Farmington Casualty (:olupaoq Fidelity and Guaranty Insin•ance Quint mttt�f 7 rayselers'Castadq earl Surety Uampany Fidelity and Guaranty Insutsi;ce Uncterwi'lfers Lnc. Travelers Casualty and Surety Company of America St Paul Fin.- and Marine Insurance Company United Statel; Fidelity a -n , Guaranty Company S;t, I?;i Guairtian Insurance Conmptarty 6"i'W" zs : /° • t t, • .•rra �{ ` \�b�`_'i►f�i t qq j ) , �e�'IL II-591'� � °,:,,Ri a �Aar. L; \ }+� ' e^ y�iht .'roE:i.1l,,y I , \;g r��, x w, "Jui�\ l ' 1 / Moritz „ucrosro r N tpu'tMa1-bR p to Staty of Connixticat City of Hartford ss. •/ Ckx�rpal'� 7ltomgon, yfnior ice Pteaident 2nC1 I`joverrib(al, 201'i befnrr the ;Krscnally appatrei Georl ;e vy. Thtimpson, who acknowleiged On his the -------- --- - -- day of - - --------- -- - -- , - - - -- himself to be the Senior Vice Pr itic:nt of Farrningtor I_.aseaity Company, Fidelity and Guaranty tnscranoe Comp;un}, Fitlelinr and Guaranty Insurance Underwriters, Inc. SL Paul Fire and i4tarmc irsurancc Company, St. Paul Ciurtidian ]nstuaro t Company S,. Paul hlexcury lnsurnee C arnpury, "rr iers Casualty and Surety Company, Tr<rve::cr.: Cantalty turd :iwe4y Corpan+ of Psarrica, and Llni,:ed Stated r' it ht;y and Guaranty Company, and that ho. as such., being authorized so e> do, executed the i'orvigoing, instrument fur the purpost:s tnerein conuunecl by signing on Dehali" et the co.Terttictrs by himself as a duhr authorited officer. In licitness Vylivreof, I hc7cunto sct my 'wind and official send t j My Commission expirci the 30rn day of 7 ate., 301 Is Ailel'1� � '�N`,. E" 58,440 -6 -11 Printed in U.5,,4. Polt'i n= eTrt1011i IC 1i tr .__. Packet Page -975- • ,}; _� 0� ------- -- \ ---�` - ��. tJvt Vim•^ 4 )o.w I— lea eoi Notary Public THE FIE D