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Agenda 09/10/2013 Item #16A27 9/10/2013 16.A.27. EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a security in the amount of $70,840 which was posted as a development guaranty for work associated with Hacienda Lakes of Naples Phase 1 (PL20120002789). 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 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 the Hacienda Lakes of Naples Phase 1 project. On June 27, 2013, Engineering Services approved the final Site Development Plan (SDP) for Hacienda Lakes Phase 1 (PL20120001222). Once the Site Development Plan for this project was approved, the bond is no longer required because the clearing is included as part of the Site Development Plan approval. FISCAL IMPACT: There is no fiscal impact. The funds are kept in a refundable deposit account. LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a majority vote for Board approval. - ERP GROWTH MANAGEMENT IMPACT: There is no growth management impact. RECOMMENDATION: Recommendation that the Board of County Commissioners authorize the Clerk of Courts Finance Department to issue a check in the amount of $70,840.00 to Hacienda Lakes Of Naples, LLC. Engineering Services will issue a Memorandum to the Clerk of Courts Finance Section 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 Payment Slip Packet Page -587- 9/10/2013 16.A.27. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.A.16.A.27. Item Summary: Recommendation to authorize the Clerk of Courts to release a security in the amount of$70,840 which was posted as a development guaranty for work associated with Hacienda Lakes of Naples Phase 1 (PL20120002789). Meeting Date: 9/10/2013 Prepared By Name: HouldsworthJohn Title: Site Plans Reviewer, Senior,Engineering&Environm 8/7/2013 4:08:55 PM Approved By Name: PuigJudy Title: Operations Analyst, GMD P&R Date: 8/12/2013 3:54:24 PM Name: McKennaJack Title: Manager-Engineering Review Services,Engineering&Environmental Services Date: 8/14/2013 4:38:11 PM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 8/19/2013 7:41:13 AM Name: PepinEmily Title: Assistant County Attorney, CAO Litigation Date: 8/21/2013 9:44:35 AM Name: KlatzkowJeff Title: County Attorney Date: 8/23/2013 9:57:32 AM Name: FinnEd Title: Senior Budget Analyst, OMB Date: 8/23/2013 4:18:10 PM Packet Page -588- 9/10/2013 16.A.27. Name: OchsLeo Title: County Manager Date: 8/25/2013 10:37:54 AM Packet Page -589- 9/10/2013 16.A.27. Collier County Payment Slip (PL) Date: January 10, 2013 Contact: HACIENDA LAKES OF NAPLES, LLC 3921 PROSPECT AVE. Naples, FL 34104 Project Name: HACIENDA LAKES OF NAPLES Project Number: PL20120002789 Web Access Code: 929 FEES: Fee Descri'tion Reference Number Amount Refundable Bonds I PL20120002789 I $70,840.00 Packet Page-590-