Agenda 02/09/2021 Item #16A 7 (Resolution - Final plat of Residences at Mercato)02/09/2021
EXECUTIVE SUMMARY
Recommendation to approve a Resolution for final acceptance of the private roadway and drainage
improvements for the final plat of Residences at Mercato, Application Number PL20140001634,
and authorize the release of the maintenance security.
OBJECTIVE: To have the Board of County Commissioners grant final acceptance of the infrastructure
improvements associated with the subdivision, and authorize the release the maintenance security.
CONSIDERATIONS:
1) On January 16, 2018, the Growth Management Department granted Conditional Final Acceptance
of the roadway and drainage improvements in Residences at Mercato.
2) The roadway and drainage improvements will be maintained by the Residences at Mercato
Homeowners Association, Inc., and PR Mercato, LLC, successor of The Mercato, LLP.
3) The required improvements have been constructed in accordance with the Land Development
Code. The Growth Management Department has inspected the improvements on December 16,
2020, and is recommending final acceptance of the improvements.
4) A resolution for final acceptance has been prepared by staff and approved by the County
Attorney's Office. The resolution is a requirement of Section 10.02.05 C of the Land
Development Code. A copy of the resolution is attached.
FISCAL IMPACT: The roadway and drainage improvements will be maintained by the Residences at
Mercato Homeowners Association, Inc., and PR Mercato, LLC, successor of The Mercato, LLP. The
existing security in the amount of $10,177.50 will be released upon Board approval. The original security
in the amount of $865,016.68 has been reduced to the current amount based on the work performed and
completed pursuant to the terms of the Construction and Maintenance Agreement dated January 14, 2015.
GROWTH MANAGEMENT IMPACT: There is no growth management impact.
LEGAL CONSIDERATIONS: This item has been approved as to form and legality, and requires a
majority vote for Board approval. - DDP
RECOMMENDATION: To grant final acceptance of the roadway and drainage improvements in
Residences at Mercato, Application Number PL20140001634, and authorize:
1. The Chairman to execute the attached resolution authorizing final acceptance of the
improvements.
2. The Clerk of Courts to release the maintenance security.
Prepared By: Lucia S. Martin, Associate Project Manager, Development Review
ATTACHMENT(S)
1. Location Map (PDF)
2. Bond Basis (PDF)
3. Resolution (PDF)
4. Plat Map (PDF)
5. Special Warranty Deed for new Ownership (PDF)
16.A.7
Packet Pg. 469
02/09/2021
COLLIER COUNTY
Board of County Commissioners
Item Number: 16.A.7
Doc ID: 14627
Item Summary: Recommendation to approve a Resolution for final acceptance of the private
roadway and drainage improvements for the final plat of Residences at Mercato, Application Number
PL20140001634, and authorize the release of the maintenance security.
Meeting Date: 02/09/2021
Prepared by:
Title: Technician – Growth Management Development Review
Name: Lucia Martin
12/30/2020 1:22 PM
Submitted by:
Title: Director – Growth Management Department
Name: Matthew McLean
12/30/2020 1:22 PM
Approved By:
Review:
Growth Management Department Jeanne Marcella Level 1 Reviewer Completed 12/31/2020 9:12 AM
Growth Management Development Review Brett Rosenblum Additional Reviewer Completed 12/31/2020 1:16 PM
Growth Management Operations & Regulatory Management Rose Burke Additional Reviewer Completed 01/04/2021 8:33 AM
Engineering & Natural Resources Jack McKenna Additional Reviewer Completed 01/11/2021 10:49 AM
Growth Management Department Matthew McLean Additional Reviewer Completed 01/12/2021 4:52 PM
Public Services Department Jeanne Marcella Deputy Department Head Review Skipped 12/31/2020 9:13 AM
County Attorney's Office Derek D. Perry Level 2 Attorney Review Completed 01/13/2021 8:52 AM
Growth Management Department Thaddeus Cohen Department Head Review Completed 01/15/2021 9:24 AM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 01/15/2021 9:29 AM
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 01/15/2021 9:39 AM
Office of Management and Budget Laura Zautcke Additional Reviewer Completed 01/25/2021 3:23 PM
County Manager's Office Dan Rodriguez Level 4 County Manager Review Completed 01/27/2021 9:19 AM
Board of County Commissioners MaryJo Brock Meeting Pending 02/09/2021 9:00 AM
16.A.7
Packet Pg. 470
RESIDENCES AT MERCATO
LOCATION MAP
16.A.7.a
Packet Pg. 471 Attachment: Location Map (14627 : Final Acceptance - Residences at Mercato)
CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION
IMPROVEMENTS
THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS
entered into this 14·, H day of January / ____ / _____ , 20 I5 between
Mcrcaw Re,idenccs. LLChereinafter referred to as "Developer," and the Board of County Commissioners of Collier
County, Florida, hereinafter referred to as the "Board.
RECITALS:
A.Developer has, simultaneously with the delivery of this Agreement, applied for the approval by the
Board of certain plat of a subdivision to be known as: Residences at Mcrcato
B.Chapter 4 and 10 of the Collier County Land Development Code requirea the Developer to post
appropriate guarantees for the construction of the improvements required by said subdivision
regulations, said guarantees to be incorporated in a bonded agreement for the construction of the
required improvements.
NOW, THEREFORE, in consideration of the foregoing premises and mutual covenants hereinafter set
forth, Developer and the Board do hereby covenant and agree as follows:
1.Developer will cause to be constructed:Roadway, drainage, water & sewer Improvements
within 12 months from the date of approval said subdivision plat, said improvements
hereinafter referred to as the required improvements.
2.Developer herewith tenders its subdivision performance security (attached hereto as Exhibit "A" and
by reference made a part hereof) in the amount of$ 865 016.68 -which amount represents 10% of
the total contract cost to complete the construction plus 100% of the estimated cost of to complete
the required improvements at the date of this Agreement.
3.In the event of default by the Developer or failure of the Developer to complete such improvements
within the time required by the Land Development Code, Collier may call upon the subdivision
performance security to insure satisfactory completion of the required improvements.
4.The required improvements shall not be considered complete until a statement of substantial
completion by Developer's engineer along with the final project records have been furnished to be
reviewed and approved by the County Manager or his designee for compliance with the Collier
County Land Development Code.
5.The County Manager or his designee shall, within sixty (60) days of receipt of the statement of
substantial completion, either: a) notify the Developer in writing of his preliminary approval of the
improvements; or b) notify the Developer in writing of his refusal to approve improvements,
therewith specifying those conditions which the Developer must fulfill in order to obtain the County
Manager's approval of the improvements. However, in no event shall the County Manager or his
designee refuse preliminary approval of the improvements if they are in fact constructed and
submitted for approval in accordance with the requirements of this Agreement.
6.The Developer shall maintain all required improvements for a minimum period of one year after
preliminary approval by the County Manager or his designee. After the one year maintenance period
by the Developer has terminated, the Developer shall petition the County Manager or his designee to
inspect the required improvements. The County Manager or his designee shall inspect the
improvements and, if found to be still in compliance with the Land Development Code as reflected by
final approval by the Board, the Board shall release the remaining 10% of the subdivision
performance security. The Developer's responsibility for maintenance of the required improvements
shall continue unless or until the Board accepts maintenance responsibility for and by the County.
16.A.7.b
Packet Pg. 472 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
7.Six (6) months after the execution of this Agreement and once within every six (6) months thereafter
the Developer may request the County Manager or his designee to reduce the dollar amount of the
subdivision performance security on the basis of work complete, Each request for a reduction in the
dollar amount of the subdivision performance security shall be accompanied by a statement of
substantial completion by the Developer's engineer together with the project records necessary for
review by the County Manager or his designee. The County Manager or his designee may grant the
request for a reduction in the amount of the subdivision performance security for the improvements
completed as of the date of the request.
8.In the event the Developer shall fail or neglect to fulfill its obligations under this Agreement, upon
certification of such failure, the County Manager or his designee may call upon the subdivision
performance security to secure satisfactory completion, repair and maintenance of the required
improvements. 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, the
improvements required herein. The Developer, as principal under the subdivision 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 the Developer to fulfill all of the provisions of this Agreement.
9.All of the terms, covenants and conditions herein contained are and shall be binding upon the
Developer and the respective successors and assigns of the Developer.
IN WITNESS WHEREOF, the Board and the D�veloper have caused this Agreement to be executed by
their duly authorized representatives this Jt{r1--vday of January /-;--.--'----· 20_1._� _.
SIGNED IN THE PRESENCE OF:
- +-(; .. -
ATTEST:_.,.'•___,_ .. _'_·,_--_·'_•�-------
-..;·
DWIGHT E. BttOCK, CL'..J:Rf(�. · .. ' ' . � - • � � -◄ . �'• .
Assistant County Attorney
Scott A. Stone
I loward B. Gutman, Manager
Printed Name/Title (President, VP, or CEO)
(Provide Proper Evidence of Authority)
16.A.7.b
Packet Pg. 473 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
l .-:. \ � C: '.1.·.�rfn1,":� . '•-�;
',lii-1 iJr;r_'L,.:ll ,\'-,";:_'JlllC. ::1.!j(; i/
� Northern Trust
LETTERS OF CREDIT
AUTHORIZED SIGNATURE LIST
THE FOLLOWING INDIVIDUALS ARE AUTH ORIZED TO SIGN LE TTERS OF
CREDIT RELATE D TRANSACTIONS ON BEHALF OF NORTHERN TRUST
1,,------.....,',,� �--.-. (,,-----__ ;>J� I o�-c.:::---! JANET M. HODDER
VICE PRESIDENT
�-�---\
-' I ii J, 11,121 �'r
16.A.7.b
Packet Pg. 474 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
� Northern Trust
Collier County has not been performed prior to the date of expiry, and satisfactory alternative
performance security has not been provided to and formally accepted by the Beneficiary."
DRAFT(S) DRAWN UNDER THIS LETTER OF CREDIT MUST BE MARKED: "Drawn under THE
NORTHERN TRUST COMPANY, 600 BRICKELL AVENUE, SUITE 2400, MIAMI, FLORIDA 33184
Credit No. SLC501080, dated JANUARY 26, 2015." The original Letter of Credit and all amendments, if
any, must be presented for proper endorsement.
This Letter of Credit sets forth in full the terms of the Issuer's undertaking and such undertaking shall not
in any way be modified, amended, or amplified by reference to any document, instrument, or agreement
referenced to herein or in which this Letter of Credit relates, and any such reference shall not be deemed
to incorporate herein by reference any document, instrument or agreement.
Issuer hereby engages with Beneficiary that draft(s) drawn under and in compliance with the terms of this
Credit will be duly honored by Issuer if presented within the validity of this Credit.
This Letter of Credit is issued subject to the Uniform Customs and Practice for Documentary Credits,
2007 Revision, International Chamber of Commerce Publication No. 600.
pany, an Illinois banking corporation
By:
LU
16.A.7.b
Packet Pg. 475 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
ThP � ortlwrn Tru:-.t ( 'ompany 600 Brickell Avenue. Suite 2-lOO Mi:uni, Florida J_, 131 (305).,72-1000
� Northern Trust � IRREVOCABLE STANDBY LETTER OF CREDIT NO.: SLC501080
DATE OF ISSUANCE: JANUARY 26, 2015
ISSUER: THE NORTHERN TRUST COMPANY
600 BRICKELL AVENUE, SUITE 2400
MIAMI, FLORIDA 33131
MAIN: (305) 372-1000 DIRECT: (305) 918-6071
(hereinafter "Issuer")
PLACE OF EXPIRY: THE NORTHERN TRUST COMPANY, 600 BRICKELL AVENUE, SUITE 2400,
MIAMI, FLORIDA 33131 (At Issuer's counters)
DATE OF EXPIRY: This credit shall be valid until JANUARY 26, 2016 (insert date of first anniversary
of date of issue), and shall thereafter be automatically renewed for successive one-year periods on the
anniversary of the issue unless at least sixty (60) days prior to any such anniversary date, the Issuer
notifies the Beneficiary in writing by registered mail that the Issuer elects not to renew this Credit.
APPLICANT: MERCATO RESIDENCES, LLC
A FLORIDA LIMITED LIABILITY COMPANY
4200 GULF SHORE BLVD. N
NAPLES, FL 34103
(hereinafter "Applicant")
BENEFICARY: The Board of County Commissioners, Collier County, Florida (hereinafter "Beneficiary")
c/o Engineering Review Services, 2800 North Horseshoe Drive, Naples, Florida 34104
AMOUNT: $865,016.68 U.S., up to an aggregate thereof.
(EIGHT HUNDRED SIXTY FIVE THOUSAND SIXTEEN AND 68/100 U.S.DOLLARS)
CREDIT AVAILABLE WITH: THE NORTHERN TRUST COMPANY, 600 BRICKELL AVENUE, SUITE
2400, MIAMI, FLORIDA 33131 (Issuer)
By: Payment against documents detailed herein and Beneficiary's draft(s) at sight drawn on the Issuer.
DOCUMENTS REQUIRED: AVAILABLE BY BENEFICIARY'S DRAFT(S) AT SIGHT DRAWN ON THE
ISSUER AND ACCOMPANIED BY BENEFICIARY'S STATEMENT PURPORTEDLY SIGNED BY THE
COUNTY MANAGER, CERTIFYING THAT: "MERCATO RESIDENCES, LLC has failed to construct
and/or maintain the improvements associated with that certain plat of a subdivision known as
_ _ (insert name of subdivision) or a final inspection satisfactory to Residences at Mercato
1 I P :1 ,, ,. --S I (. � 0 I tl S 0
·The �011hcrn Trust r·om1°any \!ember I DIC F:qual lluu'lng I ender (E)
16.A.7.b
Packet Pg. 476 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
PPL-PL.:�0140001-334 REV: 1
RESIDENCES AT MERCATO
D.A.TE: 10/1.d./14
DUE ·1114/14
Engineer's Opinion of Probable Construction Cc>st
for Review and lnspec:tlon Fee Determination
ABB Projec:t: ·14-0038 Date: September 22, 2014
Potable wiiterancT"i=ire ____________ _
Sower
Drainage
Paving 1••11•1111111111111 Subtotal
_Collier Counfy_flan llevJciw ilnd' /nsJ,ection Fees:
-�-
35,481.00
$28,525.00
$101,985.00
$444,187.80
$6·10,-1 !�80
Paving Gradin!� c'J, Drainage Plan Riiview Fee =: 0.75% x PGD Estimate
Pavin�J Gradin!� & Drainage Inspection F,9e = 2.25% x PGD Estimate
Utili1h3s Plan Review Fe1:! := O.i'!i'¾, )I: Utili1h3s Estimate
Lltililit3s Inspection Fuo == 2.25% x Utihtius Estimat13
Total Review amt lns11ection Fees:
l'llotes: Plan Review and Inspection Foes are li�;tecl in the Applicabon Hevio•A.· Fe,u:;.
Qu.antitiE1s 1:ire estimated based on the Site Plan submittE,d with the application.
QuantitiE11; do not include itums suc:h as vertic-.al 1;onstruction, FPL, tolephc)ne & cable
' �:-.,.
$ 4,096.30
12,288.89
$, 480.05
1,440.14
$ 18,305.36
Date
.James A. Carr, P.E.
P.E. # 51318
16.A.7.b
Packet Pg. 477 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
Engineer's Opinion of Probable Construction Cc:>st
for Review and Inspection Fee Determination
Residences at MercatQ
ABB FrnjEict: 14-00�18 Date: November 13, 2014
Site Lighting
Total -----·i'""1 ""'00'""."'"o ""'oo .... ""'o o ...
Codu Mlnll1'1um Landscape
Subtotal
Coll/er Com:UY Plan l�eview and /nsnecti9...1J_f_Q.e��
Lighting and Landsc:.ape Plan Revi,3w Foe= 0.75<:lo x PGD Estimate
Li ghting and Landscape lnsp13ction Fee:: �.25% :< PGD Estrnate
Total Rev/1Jw and Inspection Fees:
$7I3.:!00.00
$176,200.00
Notes: Plan Revi13w and ln,5pec:tion F1:1es ;;ire listed in the Application R13viH1111 =ee,s.
Cluantities an3 Hstimated bas1:1<j on I.he Site Plan submittud with th13 application.
Cluantities do n,:>t include ihmm such as vmtical c,:>nstruclicn, FPL, teilephone .� ,:.:ibh3
. . . ,-:.. ,! •). ,i. . �
"·j
s
s
s
1,321.50
3,964.50
5,286.00
Date
..;'"t --------------.James A. Carr, P.E.
P.E. # 51318
F'P!..-PLW'140C016>4 REV: 2
Rl:SIDENCES AT MERCATO
DATE: ·J:211/14 CU:: 1:2'/22/14
16.A.7.b
Packet Pg. 478 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
' .
POTABLE WATER & FIRE
POTABLE WATER
Proposed
ITEM DESC.'�IPTION
�l !Cl)nnect tc l:x1stln9..'. O" Wate· Main w/ lee
PW-2 !Connect !&_�§ting:?" Wat•S" Ser.-ice
PW-a 2•-�·ater Ser,i,!l� Polvtube
PW-4 14' PVC ·•Nater SorviC!_!:;aslna
Demo
OLIANTITY UNT -5 EJ1
5 EA
745 LF
295 LF--
DESCRIPTION C·UANTITY UI-IIT
IJI\IT COST SUBTOTAL s:,21�:}o $3 750.C
�oc,.oo $1 000.C
$6.i)I) S4 470.C
!�.,JI) S1 160.C
Subtotal $10400.0
IJNIT COST
.....,_...:.:...�.._,R'3tllC;:;;. __ �c..L�""er�S::.:Eaa.1rv""'i.aoc:e ___________ -+_�34-'--_.__-=LF_· ---�•:.::2.:.::.Jc:.,J---+------==R,3mo11e 4" Gasir,s1 .,.., 2" Servi<"":e _______ ......__-'5..,8'--�--=L'"-F ____ .._i4� . ..,JO,"---+------==
FIRE
Demo
ITEM �-CiESCR'IPTION
F-2 --R&ITIOVEI 4• Fire Une l)R-M
F-3 fl!)rTKtVEt 4' Backflow DCDA --F-4 Remove FDC's l', PIV's. wl 4" CV F-5 Relcic:ate FH. 6" �.v. & 2 Bollards
QUANTITY UNIT10t3B LF
1·>E,�
22 EA
3 EA
Subtot,tl
i:::: P�!Z·otal _
UNIT cei�rr $!i.oit $!)()().00
$siJIJ.00
;i§!;!!).00
� . Subtotal ___
C:Total
$10,100.0�
SUBTOTAL $5 345.(
$6 000.( $11 000.( $1 500.(
$23845.,
0
0
$24.781.,fil
$35,481.1!)
16.A.7.b
Packet Pg. 479 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
' '
ITEM
1
3
4
5
SEWER
DESCl�IPTIC>N -------� ---€," P'/G AWl/\'A C: 900 DR-·14 1 .. fi5
6" Cleanout .;,,,
Cc>r]J!�Jo f::<istln;i 8" G·avit� Main (w,1,3·1 4
Cc>nnnct to f:xislin;i M-3nhole (COi'!!'! :3
c,,nnnci to f:xlstiugJ;1J1�balEiral 15
b.E_ __ Et,
Et,
E.t,
EA
lJ\JIT COST
:&·1:5.CC ---S1C•C.1)1) -!E.({.00snc.oo
5:,?1�.,90 Subt,:>ta/
[----------Total ____ _
SUBTOTAL
$17 325.0
$3 200.0
$2 000.0
$2 250.0
$3 750.0
S28 525.0
$28,525.Cl�
16.A.7.b
Packet Pg. 480 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
ITEM
3 �-5
6
7
_L_ 9
10
11
DRAINAGE
Propc,sod
IJESCRIPTIOl>l
Demo
IJESCRIPT!ON -----Rt!IO£fil!IIRealign ExlsthJ Box
Rt!locato/R!!a�gn Exislloo 15" RCP
Relocate/Realign Existing_ 18" RCP
Relocato/Realion Existln,J �10• RCP
Ralocal1!f f!ealign Exls!i.tJ:U�!:J�CP
.B!mlS!.Y!.S!!!fil!QQJ3ox R1,move_Ellistlna ·,s• f�CP
Remove Existlna 18" RCP
Rt31l10ve Exlstiog_36" RQP
qcAtHITY l.:NIT UNl"r COST SUBTOTAL
·155 LF $'70.00 10 850.0� ·1 E.A. 1,2)).0C, $1,200.00
----Subtc>t,:::11.:..I _____ _.$_1.,..2,;.:.0a:,;50""'.""o,
C2UANTITY UNIT u�rr COST SUBTOTAL --1C EA $;! 00:).()0 s20 000.oo '181 LF :£45 00 $8145.00 9E, LF :£�JGC Y9Q0.00 :362 LF $80.CC $28 960.00 151) LF S .1C,C,l)I)S15 000.00
I EA s�c�-:i)I) $500.00
22 ____ --LF :s.liicc, $660.00
88 LF :;.i,i'c-c, S3 520.00 165 LF :;iii,c, sa 250.00
___ SubJot,1/ $89935.0!)
$101,985.02)
16.A.7.b
Packet Pg. 481 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
ITEM �--1
2
3
_L_ 5
_§___ 7
8
9
10
11
12 ,-.ll __ 14
15
16 ,_11._
PAVING
Cll:SC FUF'TI::: N
B!!�.f!l'lers jRoadl
Brick Pa•,,3rs jSi•:lawallJDnveway .�oronsl
Brick P;1•,ers I l1c:c:e-ss Eas,m1ent\
.§:k/rnen�:I: Base /Road\
6" Lirnerocl; Ba�.(§ldt!,�LQrivewe.y AQrom;\
.§:Lirnerc:x:I; Base !Access Easernentl
12" Sta� lized..§.'!119..rade.IB_ood/Sklawalk/Drlve111-ay\
12" StaOi llzed Suhorade _il,c:c.e-ss 1:,:1.1errient'I
V§Rey �',!!-tar
Tvne-FC:urb
Tvne-F Cur!2Jb.s:c:ess l:asmnent',
Cc-ricrete Ribbon
_i;o;,crete Rlbb<>n (89�EasemorJ!l
T�e-ACurb
CO.[l,!;tete Fl1.,me
Parklna StooE
:Skmlno �,r,d Markino
QUII.MTITY IJI\IT
U 449 SY
·1 052 SY
606 SY
fi 449 Si
1 0§2 SY
606 SY
!I 087 SY
77ft SY
1 606 LF
:�£9 !..F
4Hi LF
340 u=
1(1(1 LF
37fi LF
25 LF
23 E.t..
1 LS
UNIT -�OST J SUBTOTAL
HC.00 $257 960.00
!�{.1)1) $42 080.IJO ·-
!,t.(,,1)1) $24 240.IJO -----:£.5 cc $32 245.00
; :is cc $5 260.00
:t;,gc, $3 030.IJQ .. 1HQ.._ $16 356.1>0 :s1 e.c, $1 402.:W
$10.0•J $16 060.QQ.
s�;�j,J $29148.1)0 $12�)1) $4 980.1)0
s;10.o,J $3 400.IJQ
Si10.0•J s1 ooo.ixi$12�)) $4 500.IJO
$1(1,1),) $250.00 s�;�JtJ $276.IJO
$£.ill!.O .00 s2non.1JO
Subtclta/ $4.U, 187.ttQ]
[_Tot.ii __ _ ---
16.A.7.b
Packet Pg. 482 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
I--CJ) 8 i; 0 ...
(.
)
� ,2 I-(. 1z •:t (/)
::, ,.,.
·I§ ., 5 � .i .8
... '.,_
UJ �.'.. !:: • .J 16.A.7.bPacket Pg. 483Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
November 13, 2014
/\rchitectura1 Land l)egign. Inc ..
rv1ercato Code fv1inimu111 Laudscape Budyet
Trees
Qty Sym Botanical Name
S'I A ! rees per PUD
Palms
Qty Sym Botanical t,lame
75 B Tall Palms per PUD
Shrubs
Common Name Specification
10' x 4' x 1.75" cal.
Common Name Specification
10' ct
Price Cost
175.00 9,450.00
Price Cost
250.00 18,750.00
---� -----�-�·--�--·-•.•.
at-1 Sym
12,000 SPABl
Botanical Name Common Name Specification Price Cost
Spartina bakeri Spartina 1 gallon 18" 4.00 48,ooo:oo
Approximate Budget: 76,200.00
l:\14-142 Mercato Residential\ALD-Dwgs\14-142-0d -Mercato Code Minimum Landscape Budget.xlsx, Table
11/13/2014 -10:44 AM pg 1 of 1
16.A.7.b
Packet Pg. 484 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
-Ali -Gf'ONth Management Department
March I, 2016
The Northern Trust Company
600 Brickell Ave., Ste. 2400
Miami, FL. 33 I 31
Development Review Division
Re: Your Letter of Credit No. SLC501080 / Mercato Residences, LLC
Residences at Mercato
Dear Sir or Madam:
Please be advised that based on the work completed to date, the referenced Letter of Credit may now be
reduced by $774,228.70, leaving an available balance of$90,787.98.
An original Amendment should be directed to this office reducing the value of the Credit, "all other
terms and conditions of original Letter of Credit to remain in full force and effect".
If you should have any questions, please feel free to contact me at 239-252-5757.
Sincerely,
'JOHN HOULDSUJOR1H
John R. Houldsworth
Senior Site Plans Reviewer
'with authority in these matters'
cc: Jim Carr, PE, AB&B
---------.{i).11-------
Devebpnert Review OMsiDn • 2800 Nert, Hcneshoe Drive• Napes, Rorita 34104 • 239-252-2400 • www.coliargov 1l4i
16.A.7.b
Packet Pg. 485 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
Construction & Maintenance Agreement
Reduction of Subdivision Performance Security -Letter of Credit
Residences at Mercato -PL20140001634
ABB Project: 14-0038 Date: February 25, 2016
Items Not Complete to Date
Potable Water and Fire
Sewer
Drainage
100% Items Not Complete to Date
10% Bond Amount
Total Security to Remain in LOC
Total
$0.00
$0.00
$0.00
$12,150.00
$78,637.88
$90,787.88
Date
�CarrPE
#''"'lllffl ••�sA C � ..... : ... �� ")� •• •:\cENs;;.• ••• �♦• V c;;" • • •• l No.51318 \*' *1*
-0 ..... STATE OF l � �. � .. � c::>�•• •• � OR\t?l:•••�: <-ss,aNAl ��� ....,,,., ............ "
P.E.#51318
16.A.7.b
Packet Pg. 486 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
PAVING -Items Not Com plete to Date
Residences at Mercato PL20140001634
Subtotal $12, 1so.oo 1
Total $12,1so.ool
16.A.7.b
Packet Pg. 487 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
eof16P"Cmotcy ,._ ....... ... � ¾..Ji.Ji ... tu Grovvth Management Department De velopment Review Division
November 21 , 2017
Mercato Residences, LLC
c/o Howard Gutman
4200 Gulf Shore Blvd. North
Naples, FL. 34103
Re: Residences at Mercato I Letter of Credit No. SLC501080
Dear Sir or Madam:
Collier County has received notification from Northern Trust that they elect not to renew
the above referenced letter of credit. This letter of credit currently serves as the
maintenance security for the subdivision related improvements in Residences at Mercato.
Because of review and scheduling time, a replacement security must be received by
Engineering Review no later than January 15, 2018. Should no replacement be received,
Collier County may be forced to draw on the referenced Letter of Credit to ensure
compliance with the Collier County Land Development Code.
Please attend to this matter at your earliest convenience. Should you have any questions
or require additional information, do not hesitate to contact this office.
Sincerely,
John R. Houldsworth
Senior Site Plans Reviewer
JRH/ew
xc: Clerk to the Board
Scott Stone, County Attorney
AB&B
-------....a� vur-------------------Developmm Review DMsiln • 2800 Nortl Horseshoe Drive • Naples, Roma 34104 • 239-252-2400 • www.colilrgov net
16.A.7.b
Packet Pg. 488 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
The Northern Trust Company
600 Brickell Avenue, Suite 2400
Miami, Florida 33131
305-372-1 000 l{f NORTHERN
� TRUST
TERMINATION NOTICE
NOTICE OF NON-RENEWAL
DATE: NOVEMBER 16, 2017
BENEFICIARY:
THE BOARD OF COUNTY
COMMISSIONERS,
COLLIER COUNTY, FLORIDA
C/O ENGINEERING REVIEW SERVICES,
2800 NORTH HORSESHOE DRIVE,
NAPLES, FLORIDA 34104
APPLICANT:
MERCA TO RESIDENCES, LLC
4200 GULF SHORE BLVD. N
NAPLES, FL 34103
OUR LETTER OF CREDIT REFERENCE NO. SLC501080
L/C AMOUNT: USD865,016.68
CURRENT EXPIRY DATE: 01/26/2018
AS PER TERMS OF THE LETTER OF CREDIT, WE HEREBY GIVE OUR WRITTEN
NOTICE THAT WE ELECT NOT TO LET THE CREDIT AUTO MA TI CALLY RENEW FOR
ANY FURTHER PERIOD OF TIME.
THEREFORE, THE ABOVE REFERENCED LETTER OF CREDIT WILL EXPIRE ON
JANUARY 26, 2018 AND WILL NOT BE AUTOMATICALLY RENEWED.
A COPY OF THIS NOTICE HAS BEEN MAILED TO THE APPLICANT OF THE CREDIT.
SINCERELY,
TH OR HERN TRUST COMPANY
NTAC:3NS-20 The Northern Trust Company. Member FDIC. Equal Housing Lender �
16.A.7.b
Packet Pg. 489 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
The Northern Trust Company
600 Brickell Avenue, Suite 2400
Miami, Florida 331 31
305-372-1000 Nf NORTHERN
� TRUST
TERMINATION NOTICE
NOTICE OF NON-RENEW AL
DATE: NOVEMBER 16, 2017
BENEFICIARY:
THE BOARD OF COUNTY
COMMISSIONERS,
COLLIER COUNTY, FLORIDA
C/O ENGINEERfNG REVIEW SERVICES,
2800 NORTH HORSESHOE DRIVE,
NAPLES, FLORIDA 34104
APPLICANT:
MERCATO RESfDENCES, LLC
4200 GULF SHORE BLVD. N
NAPLES, FL 34103
OUR LETTER OF CREDIT REFERENCE NO. SLC501080
L/C AMOUNT: USD865,016.68
CURRENT EXPIRY DATE: 01/26/2018
AS PER TERMS OF THE LETTER OF CREDIT, WE HEREBY GIVE OUR WRITTEN
NOTICE THAT WE ELECT NOT TO LET THE CREDIT AUTOMATICALLY RENEW FOR
ANY FURTHER PERIOD OF TIME.
THEREFORE, THE ABOVE REFERENCED LETTER OF CREDIT WILL EXPIRE ON
JANUARY 26, 2018 AND WILL NOT BE AUTOMATICALLY RENEWED.
A COPY OF THIS NOTICE HAS BEEN MAILED TO THE APPLICANT OF THE CREDIT.
SINCERELY,
T RN TRUST COMPANY
SIDENT
305/789 1130
NTAC:3NS-20
The Northern Trust Company. Member FDIC. Equal Housing Lender �
16.A.7.b
Packet Pg. 490 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
eof"181' County+ � ,.,,
January 16, 2018 Growth Management Department
Development Review Division
Mr. Jim Carr, P.E.
Agnoli, Barber & Brundage, Inc.
7400 Trail Blvd., Ste. 200
Naples, FL. 34108
Re: Residences at Mercato PL20140001634
Dear Mr. Carr:
This is to inform you that the above referenced project has been granted Conditional Final Acceptance by the
Development Review Division in compliance with Collier County Land Development Code, Section 10.02.05
(D). All water and sewer facilities approved and accepted and required to be maintained by Collier County
shall be conveyed to the County pursuant to the provisions set forth in Collier County Ordinance No. 2001-57,
as amended.
You are reminded that it is the applicants' responsibility to petition the Development Services Director for
final approval of the improvements within 12 months. After satisfactory completion of all final inspections,
the Board of County Commissioners shall adopt a resolution giving final approval of the required
improvements, acknowledging the dedication(s) of the final subdivision plat and establishing County
responsibility for maintenance of the required improvements if it is the Board's desire to accept and maintain
the facilities.
The remaining subdivision improvements, sidewalks and restoration of the construction entrance shall be
completed within 12 months. If the improvements are not completed within 12 months, an extension must be
requested to this office, along with any applicable fees. The County will retain the cash bond in the amount of
$10,177.50 until the remaining improvements have received a satisfactory final inspection.
If you should have any questions or if we may be of assistance, please advise.
Very truly yours,
John R. Houldsworth
Senior Site Plans Reviewer
cc: Joe Bianchi, Inspections Supervisor
�-----------------------w
Deveklpmert Review DMsion • 2800 Na1h Horseshoe Drive• Naples, Rooda 34104 • 239-252-2400 • www.coliergov net
16.A.7.b
Packet Pg. 491 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
Engineer's Opinion of Probable Construction Cost
for Temporary Construction Access Restoration Replacement Bond
Project: Residences at Mercato
ABB PN: 14-0038 Date: January 4, 2018
ITEM
1
2
3
4
5
6
TEMPORARY CONSTRUCTION ACCESS RESTORATION
DESCRIPTION
6" Thick Concrete Sidewalk
Type F Curb (if replacement required)
Wall Panels & Wall Posts (Onsite)
Sabal Palm (15' ht.)
Clusia (10 gal., 48" ht.)
Misc. Sod, Mulch Restoration
QUANTITY UNIT UNIT COST SUBTOTAL
21 SY $35.00 $735.00
32 LF $25.00 $800.00
1 LS $4,000.00 $4,000.00
1 EA $250.00 $250.00
10 EA $50.00 $500.00
1 LS $500.00 $500.00
Subtotal $6,785.00
Replacement Bond = 150% x OPC Estimate = ._l __ $.;...1_0.;..., 1_7_7 ._so _ __,
.E. #51318
JAN \ 0 20\8
16.A.7.b
Packet Pg. 492 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
Collier County
Growth Management Division
2800 Horseshoe Drive N.
Naples, FL 34104
239-252-2400
RECEIPT OF PAYMENT
Receipt Number:2018464733
Transaction Number:2018-003481
Date Paid:01/16/2018
Amount Due:$10,177.50
Payment Details:Payment Method Amount Paid Check Number
Check $10,177.50 3509
Amount Paid:$10,177.50
Change / Overage:$0.00
Contact:Mercato Residences, LLC
4200 Gulf Shore Blvd N
Naples, FL 34103
FEE DETAILS:
Fee Description Reference Number Original
Fee
Amount
Paid
GL Account
Refundable Bonds PL20140001634 $10,177.50 $10,177.50 670-000000-220113
Cashier Name:LeaDerence
Batch Number:6990
Entered By: hughes_j
16.A.7.b
Packet Pg. 493 Attachment: Bond Basis (14627 : Final Acceptance - Residences at Mercato)
16.A.7.c
Packet Pg. 494 Attachment: Resolution (14627 : Final Acceptance - Residences at Mercato)
16.A.7.c
Packet Pg. 495 Attachment: Resolution (14627 : Final Acceptance - Residences at Mercato)
16.A.7.d
Packet Pg. 496 Attachment: Plat Map (14627 : Final Acceptance - Residences at Mercato)
16.A.7.d
Packet Pg. 497 Attachment: Plat Map (14627 : Final Acceptance - Residences at Mercato)
16.A.7.d
Packet Pg. 498 Attachment: Plat Map (14627 : Final Acceptance - Residences at Mercato)
16.A.7.d
Packet Pg. 499 Attachment: Plat Map (14627 : Final Acceptance - Residences at Mercato)
16.A.7.d
Packet Pg. 500 Attachment: Plat Map (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 501 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 502 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 503 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 504 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 505 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 506 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 507 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 508 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)
16.A.7.e
Packet Pg. 509 Attachment: Special Warranty Deed for new Ownership (14627 : Final Acceptance - Residences at Mercato)