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Agenda 09/10/2019 Item #16A11 (Addison Place Performance Bond)09/10/2019 EXECUTIVE SUMMARY Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $89,700 which was posted as a guaranty for Excavation Permit Number 60.155, PL20170000920 for work associated with Addison Place. OBJECTIVE: To release a security which was posted as a development guaranty. CONSIDERATIONS: The Development Review Division routinely accepts securities administratively as guaranties for developer commitments in accordance with Section 22 -115 of the Collier County Code of Ordinances. 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 an Excavation Permit associated with Addison Place. The As-Built lake cross sections have been received and the lake has been inspected by the Development Review Division. FISCAL IMPACT: There is no fiscal impact associated with this action. GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this action. LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a majority vote for Board approval. - SAA RECOMMENDATION: To authorize the Clerk of Courts to release the Performance Bond in t he amount of $89,700. Development Review staff 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: Lucia S. Martin, Technician, Development Revi ew Division ATTACHMENT(S) 1. Location Map (PDF) 2. Bond Basis (PDF) 16.A.11 Packet Pg. 537 09/10/2019 COLLIER COUNTY Board of County Commissioners Item Number: 16.A.11 Doc ID: 9378 Item Summary: Recommendation to authorize the Clerk of Courts to release a Performance Bond in the amount of $89,700 which was posted as a guaranty for Excavation Permit Number 60.155, PL20170000920 for work associated with Addison Place. Meeting Date: 09/10/2019 Prepared by: Title: Technician – Growth Management Development Review Name: Lucia Martin 06/18/2019 10:34 AM Submitted by: Title: Project Manager, Principal – Growth Management Department Name: Matthew McLean 06/18/2019 10:34 AM Approved By: Review: Growth Management Department Judy Puig Level 1 Reviewer Completed 06/18/2019 1:42 PM Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 06/19/2019 7:58 AM Growth Management Operations & Regulatory Management Rose Burke Additional Reviewer Completed 06/19/2019 11:14 AM Growth Management Development Review Chris Scott Additional Reviewer Completed 06/21/2019 1:20 PM Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 07/09/2019 9:09 AM Growth Management Department Matthew McLean Additional Reviewer Completed 07/25/2019 2:33 PM Growth Management Department Thaddeus Cohen Department Head Review Completed 07/29/2019 12:04 PM Growth Management Department James C French Deputy Department Head Review Completed 07/29/2019 2:17 PM County Attorney's Office Sally Ashkar Level 2 Attorney Review Completed 08/20/2019 3:46 PM County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 08/20/2019 4:52 PM Office of Management and Budget Valerie Fleming Level 3 OMB Gatekeeper Review Completed 08/21/2019 4:10 PM Office of Management and B udget Laura Zautcke Additional Reviewer Completed 08/22/2019 9:14 AM County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 08/26/2019 2:25 PM Board of County Commissioners MaryJo Brock Meeting Pending 09/10/2019 9:00 AM 16.A.11 Packet Pg. 538 ADDISON PLACE LOCATION MAP 16.A.11.a Packet Pg. 539 Attachment: Location Map (9378 : Excavation Bond Release - Addison Place) EXCAVATION PERFORI\,IANCE AGREEMENT Addison Place - Permit r.ro. 6O ISS 8*' 0", *THIS EXCAVATION PERFORMANCE AGREENIENT entered into this May, 2017 between CREEKSIDE WEST, lNC. hereinafter referred to as "Developer," and the Board of County Commissioners of Collier County, Florida, hereinafter referred to as the "Board". WHEREAS, Developer has applied for an excavation permit in accordance with Section 22-106, et al. of the Collier County Code of Laws and Ordinances, and the Collier County Land Development Code, including but not limited to Section 3.05.'10 (collectively, the "Excavation Regulations"); and WHEREAS, the Excavation Regulations require the Developer to post appropriate guarantees and execute an Excavation Performance Security Agre comply with the Excavation Regulations and Excavation Permit No. ement stating applicant will bD, ls Addison Place (the "Excavation Permit") NOW, THEREFORE, in consideration of the foregoing premises and mutual covenants hereinafter set forth, Developer and the Board do hereby covenant and agree as followsl Developer agrees to comply with the Excavation Regulations and the Excavation Permit (the "Excavation Work"). Developer herewith tenders its excavation performance security (attached hereto as Exhibit "A" and by reference made a part hereof) in the amount of $89,700.00. in the evenr of ciefault by Developer or failure of Developer to complete the Excavation Work within the time required by the Excavation Regulations and Excavation Permit, Collier County, may call upon the excavation performance security to insure satisfactory completion of the Excavation Work. The Excavation Work shall not be considered complete until Developer notifies the County that the Excavation Work is complete and the final Excavation Work is reviewed and approved by the County l\ranager or designee for compliance with the Excavation Regulations. The County Manager or designee shall, within sixty (60) days of receipt of notification by Developer in writing that the Excavation Work is complete, either: a) notify Developer in writing of his approval of the Excavation Work; or b) notify the Developer in writing of his relusalto approve the Excavation Work, therewith specifying those conditions which Developer must fulfill in order to obtain the County Manager's approval of the Excavation Work. ln the event Developer shall fail or neglect to fulfill its obligations under this Agreement, upon certification of such failure, the County l\ranager or designee may call upon the excavation performance security to secure satisfactory completion, repair and maintenance of the Excavation Work. The Board shall have the right to construct and maintain, or cause to be constructed or maintained, pursuant to public advertisement and receipt and acceptance of bids, 1 2 J. 4 5. 6 16.A.11.b Packet Pg. 540 Attachment: Bond Basis (9378 : Excavation Bond Release - Addison Place) 7 the Excavation Work. The Developer, as principal under the excavation performance security, shall be liable to pay and to indemnify the Board, upon completion of such construction, the final total cost to the Board thereof, including, but not limited to, engineering, legal and contingent costs, together with any damages, either direct or consequential, which the Board may sustain on account of the failure of Developer to fulfill all of the provisions of this Agreement. All of the terms, covenants and conditions herein contained are and shall be binding upon Developer and the respective successors and assigns of Developer. lN WITNESS WHEREOF, the Board and Developg; executed by their duly authorized representatives this -fl have caused this Agreement to be day of May,2017. Printed Name SIGNED IN THE PRESENCE.OF: sign: A c'rv-'-Q C".= b:u{- I Cr-ar\c \ € 4'=l'=\\\ CREEKS!DE WEST, INC. a Florida Profit Corporation By; Barron Collier Management, LLC a Florida limited liability company Its: Auth Agent Brian Goguen, Ma President Provrde Proper Evidence of Authority BOARD OF OF COLLIER By: S 'n*o;c Printed Name t(,",^ b.\a,i hD^ ATTEST: DWIGHT E. BROCK, CLERK By Deputy Clerk form and legality: Scott A. Stone Assistant County Attorney AS County Manager pursuant to Resolution No. 2015-162 \ 1 16.A.11.b Packet Pg. 541 Attachment: Bond Basis (9378 : Excavation Bond Release - Addison Place) THE CONDITION OF THIS OBLIGATION the Board a certain excavation permit no L*1,b,1- A is such that whereas. GO,ISS the Owner has submitted for approval by and that certain excavation permit shall PERFORMANCE BOND NO. 106506921 FOR EXCAVATION WORK For Addison Place KNOW ALL PERSONS BY THESE PRESENTS: that Creekside West, lnc. 2600 Golden Gate Parkway Naples, Florida 34105 (hereinafter referred to as "Owner") and Travelers Casualty and Surety Company of America One Tower Square, 38 Hartford, CT068'13 (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 Eighty-nine thousand seven hundred and 00/100 Dollars ($89.700.00) in Iawful 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. 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 completion of the work and approval by the County of the specific improvements described in the Land Development Regulations (hereinafter the "Guaranty Period") or until replaced by a new bond in the event of a change of Ownership. 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. [15-LDS-01654/1 1s3600/1] 16.A.11.b Packet Pg. 542 Attachment: Bond Basis (9378 : Excavation Bond Release - Addison Place) IN WITNESS WHER executed this 3Ro dav of M WITNESSES Printed Name C.tir.re- Asb,t\ Printed Name MJ.t.,^. R,.r-,. STATE OF FLORIDA COUNTY OF COLLIER C,=h Its: By: Autho zed Agent Brian Goguen, Chief (Provide Proper Evid e EOF, the pa(ies hereto have caused this PERFORMANCE BOND to be ay. 2017 . Creekside West, lnc. a Florida Profit Corporation \ /",IL I(_ ating Officer of Authority X DAY OFTHE FOREGOING PERFORMANCE BOND WAS ACKNOWLEDGED BEFORE ME THIS fY\(u .2 O-i)-, BY BRIAN GoGUEN AS CHIEF oPERATING oFFICER/MANAGER oF CREEKSIDE WEST, INC. WHO IS PERSONALLY KNOWN TO ME , OR HAS PRODUCED N Public - State of Florida C h;u, Jso,^.P nted Name i,'--D. WITNESSES Travel Casualty and Surety Com pany of America By: Printed me: Emily Strassel Charity A. Mose Att q" P rin y'ed llam Lorraine J nes-Mur ray ACKNOWLEDGMENT STATE OF FLORIDA COUNTY OF COLLIER THE FoREGoING pERFoRMANCE BoND wAS ACKNowLEDGED BEFoRE IilE THts 3'o DAy oF MAY 2017 BY CHARITY A. MOSER AS ATTORNEY-IN-FACT OF TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA WHO IS PERSONALLY KNOWN TO ME AS IDENTIFICATION No ublic- S te orney-ln-Faci Printed Name: [1s-_1DS.01664/11s3600/1] /1/, / /, n,v tl. .$i$i,.g ai&iii4,fl,,$rr KIM D, DAVIOSON MY CoMMlSSloil r FF 0m690 EXPIBES; Febflary 19, 2018 Boided Thru l.lotary PubL lhdefldt.G UI.I]AII A BODOB MY CoMMtsstotu FF941ex EXPIFESj Aplit 6. 2020 Eoided Tltu M|.ly pubtc UndeMt E oRt , OR HAS PRODUCED By: BARRON COLLIER MANAGEMENT, ttC a Florida limited liability company ACKNOWLEDGEMENT I'L/L UL-' _ AS TDENT|F|CAT|ON. I '*.. id'" 16.A.11.b Packet Pg. 543 Attachment: Bond Basis (9378 : Excavation Bond Release - Addison Place) WABNING: THIS POWER OF ATTORNEY lS INVALID WITHOUT THE RED BORDER POWER OFATTORNEY -TRAVELERSJ Attorney-In Fact No.229466 certincate *".0 0 7 0 0 3 3 1 7 KNOW ALL MEN BY THESE PRESENTS: That Farmington Casualty Company, 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 are corporations duly organized under the laws of the State of Connecticut, that Fidelity and Guaranty Insurance Company is a 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 ofthe State ofWisconsin (herein collectively called the "Companies"), and that the Companies do hereby make, constitute and appoint Huntley A. Hornbeck II, Kristin M. Neiert, Marc E. Williams, Stephen J. Benza, Charity A. Moser, and Dawn Y. Colecchio of the City ot Naples , Stut" of Florida . their true and lawful Attomey(s)-in-Fact, eachintheirSeparate"upu"i.y-if.*".hunon"i,nu."dubove,tosign,execute,sealandacknowledgeanyandallbonds,recognizances,conditionalundertakingsand 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 executing or guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law. IN WITNESS WHEREOF, the Companies have caused this instrument to be signed and their corporate seals to be hereto affixed, this 5rh day of October 2016 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 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 Tiavelers Casualty and Surety Company of America United States Fidelity and Guaranty Company St. Paul Mercury Insurance Company Tiavelers Casualty and Surety Company Ttavelers Casualty and Surety Company of America United States Fidelity and Guaranty Company State of Connecticut City of Hartford ss.Robert L. Raney, Senior President On this the -5th day of October , 2016 , before me personally appeared Robert L. Raney, who acknowledged himself to betheSeniorVicePresidentofFarmingtonCasualtyCompany, FidelityandGuarantylnsuranceCompany,FidelityandGuarantylnsuranceUnderwriters,lnc..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 ofAmerica, and United States Fidelity and Guaranty Company, and that he, as such, being authorized so to do, executed the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. By: In Witness Whereof, I hereunto set my hand and official seal My Commission expires the 30th day of June, 2021. 58440-5-16 Printed in U.S.A. c Marie C. Tetreault, Notary Public WABNING: THIS POWER ATTORNEY IS INVALID WITHOUT THE RED BOBDER ffcfffoftqEo 1951 EAL 'tffi$, @ffi ffi 16.A.11.b Packet Pg. 544 Attachment: Bond Basis (9378 : Excavation Bond Release - Addison Place) WARNING: THIS POWER OF ATTORNEY lS INVAL|D WTTHOUT THE RED BORDER 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 .ue 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 Secretaryi or (b) duly executed (under seal, if required) by one or more Attomeys-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 facsimite to any Power of Attorney or to any certificate relating thereto appointing Resident Vice Presidents, Resident Assistant Secretaries or Attomeys-in-Fact for purposes only of executing and attesting bonds and undertakings and other writings obligatory in the nature thereof, and any such Power ofAttorney 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 ofAmerica, and United States Fidelity and Guaranty Company do hereby certify that the above and foregoing is a true and correct copy of the Power ofAttorney 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 a!day of lvlart 20 !_1I { Kevin E. Hughes, Assistant Toverifytheauthenticityof thisPowerof Attorney,call l-800-421-3880orcontactusatwww.travelersbond.com.PleaserefertotheAtromey-In-Factnumber,the above-named individuals and the details ofthe bond to which the power is attached. ilccfrnmIto 1951 ffi {ffi@ffiffi 16.A.11.b Packet Pg. 545 Attachment: Bond Basis (9378 : Excavation Bond Release - Addison Place)