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Agenda 01/27/2026 Item #16A11 (Resolution - Final acceptance of the private roadway and drainage improvements, and acceptance of the plat dedications, for the final plat of Manatee Cove)1/27/2026 Item # 16.A.11 ID# 2026-7 Executive Summary Recommendation to approve a Resolution for final acceptance of the private roadway and drainage improvements, and acceptance of the plat dedications, for the final plat of Manatee Cove, Application Number PL20150001677 (PPL) and PL20190002421 (PPLA), and authorize the release of the maintenance securities in the amount of $316,875.55. OBJECTIVE: To have the Board of County Commissioners (Board) grant final acceptance of the infrastructure improvements associated with the subdivision, and authorize the release of the maintenance security. CONSIDERATIONS: 1) On December 18, 2020, the Growth Management Department granted preliminary acceptance of the roadway and drainage improvements in Manatee Cove. 2) The roadway and drainage improvements will be maintained by the Manatee Cove of Naples Homeowners Association, Inc. 3) The required improvements have been constructed in accordance with the Land Development Code. The Growth Management Department inspected the improvements on December 19, 2025, 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 document is attached. This item is consistent with the Collier County strategic plan objective to operate an efficient and customer-focused permitting process. FISCAL IMPACT: The roadway and drainage improvements will be maintained by the Manatee Cove of Naples Homeowners Association, Inc. The existing security in the amount of $316,875.55 will be released upon Board approval. The original security in the amount of $2,213,063.05 has been reduced to the current amount of $316,875.55 based on the work performed and completed pursuant to the terms of the Construction and Maintenance Agreement dated May 4, 2020. 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. - CLD RECOMMENDATION(S): To grant final acceptance of the roadway and drainage improvements in Manatee Cove, Application Number PL20150001677 (PPL), and PL20190002421 (PPLA), and authorize: 1. The Chairman to execute the attached resolution authorizing final acceptance of the improvements and plat dedications. 2. The Clerk of Courts to release the maintenance securities. PREPARED BY: Lucia S. Martin, Project Manager I, Development Review ATTACHMENTS: 1. Location Map 2. Bond Basis 3. Resolution 4. Plat Map Page 936 of 5261 1/27/2026 Item # 16.A.11 ID# 2026-7 Page 937 of 5261 MANATEE COVE LOCATION MAP Page 938 of 5261 16A 3 CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS THIS CONSTRUCTION AND MAINTENANCE AGREEMENT FOR SUBDIVISION IMPROVEMENTS entered into this 4 day of May ' 20_2_0 -between Pulte Home Company, LLC hereinafter referred to as "Developer", and 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 : _M_an_a_te_e _c_ov_e _______ _ B.Chapter 4 and 10 of the Collier County Land Development Code required 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 and Sewer Improvements within 6 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 $2 ,213 ,□63 .os 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 County, 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 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 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 designee to inspect the required improvements. The County Manager or 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. Page 939 of 5261 ,­,, i 16A 3' 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 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 designee. The County Manager or 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 designee may call upon the subdivi sion 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 Developer have caused this Agreement to be executed by their duly authorized representatives this ___ day of _________ , 20 __ SIGNED IN THE PRESENCE OF: Witness: 14},� � Printed Name: M� Wttne�� Printed Name: ATTEST: ______________ _ Assistant County Attorney (Name of Entity) Pulte Home Company, LLC Mike Hueniken/ ul' of �vd l'/ttv1i,11'n {v�f0; J Printed Name/Title (President, VP, or CEO) Provide Pro er Evidence of Authori BOARD OF COUNTY COMMISSIONERS OF , FLORIDA Agenda Date Page 940 of 5261 Exhibit A 6A 3 PERFORMANCE BOND BOND NO. ES00004979 KNOW ALL PERSONS BY THESE PRESENTS: that Pulte Home Company, LLC (Name of Owner) 24311 Walden Center Dr., Ste 300 (Address of Owner) Bonita Springs, FL 34134 (Address of Owner) Hereinafter referred to as "Owner") and Everest Reinsurance Company (Name of Surety) 461 5th Avenue (Address of Surety) New York, NY 10017 (Address of Surety) 646-828-5001 (Telephone Number) 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 Two Million Two Hundred Thirteen Thousand Sixty Three and 05/100 ($2,213,063.05) in lawful 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. THE CONDITION OF THIS OBLIGATION is such that whereas, the Owner has submitted for approval by the Board of a certain subdivision plat named Manatee Cove, and that certain subdivision shall 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 final acceptance by the Board of County Commissioners of the specific improvements described in the Land Development Regulations (hereinafter the "Guaranty Period"). 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 Page 941 of 5261 16A 3W" 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. IN WITNESS WHEREOF, the parties hereto have caused this PERFORMANCE BOND to be executed this 1st day of May, 2020. WITNESSES: Pulte Home Company, LLC Printed Name D. Bryce Langen, VP & Treasurer Provide Proper Evidence of Authority) Printed Name SEE ATTACHED NOTARY ACKNOWLEDGEMENT FOR PRINCIPAL WITNESSES: Everest Reinsurance Company C By. Printed Name: Irma Aguilar Jer rny Polk, Atto e -' ct Provide Proper Evidence of Authority) Printed Name: Scott Buchanan SEE ATTACHED NOTARY ACKNOWLEDGEMNT FOR SURETY Page 942 of 5261 bA 3 I, executed this i-)+ day of2020. Atl PRINCIPAL BY: D. Bryce Langen, VP & Treasurer Notary Attached W ITN USES F, Z, M-T%o (Amf - PA'( [; r(LE2_ Paj, 4-r" NAME Rime I & . % t4t Page 943 of 5261 I6A 3 ACKNOWLEDGEMENT BY PRINCIPAL STATE OF GEORGIA) SS. COUNTY OF FULTON) This record was acknowledged before me on May 1, 2020, appeared D. Bryce Langen, VP & Treasurer of Pulte Home Company, LLC, provided to me on the basis of satisfactory evidence to be the person who appeared before me and is personally known to me. WITNESS my hand official seal. Signature of Notary Public Shirley E. Hutchins Notary Public State of Georgia My Commission Expires: March 18, 2022 SHiRLEY E kUTCHINSFotaryPublic - State of Georgia Fulton County C,»-miss.on Expires Mar 18, 2022 Page 944 of 5261 ACKNOWLEDGEMENT State of Arizona County of Maricopa On 5 1 24 O 2Q before me personally appeared Jeremy Polk whose identity was proven to me on the basis of satisfactory evidence to be the person who he or she claims to be, and acknowledged that he or she signed the attached document. Seal) v r ,y Put7lfc State of Anzona Kjaricopa county Notary Signature I,! Mattnew Stanton Erra Y omm5so^ c:xy 05 i3 °Y2022 Y y' / tif'~•T Matthew Stanton Erra Commission Expires March 9` , 2022 Page 945 of 5261 @CollierCounty RE January 9, 2025 Everest Reinsura nce Company 451 5th Ave New York, NY 10017 Performance Bond No. ES00004979 / Pulte Home Company, LLC Manatee Cove Phase 14 PPLA; P120190002421, First Bond Reduction Dear Sir or Madam: Please be advised that based on the work completed to date and the associated inspections which have been conducted, the subject Performance Security may now be reduced by 51,896,187.50 leaving an ava ilable security of S316,875.55. The remaining balance represents S115,688.00 in uncompleted improvements, plus 5201,187.55 as the required maintenance security. An original Bond Rider should be directed to this office, reducing the value ofthe security, "all other terms and conditions of original Performance Bond to remaln in full force and effect". This reduction will become effective uoon our receipt of the oriqinal Bond Rider. lf I can be of any further assistance to you in this regard, please let me know. Sincerely, Duld Aet4.oay David Anthony Site Plans Reviewer ll With authority in these matters David Morris, P.E. Project File Cc: Page 946 of 5261 DECREASE PENALTY RIDER BOND AMOUNT s2,213,063.0s BOND NO. ES00004979 To be attached and form a part of Bond No. ES00004979 dated the 1st Day of May, 2020, executed by Everest Reinsurance Company as surety, on behalf of Pulte Home Company, LLC as current principal of record, and in favor of Collier County, as Oblig ee for Manatee Cove, and in the amount of Two Million Two Hundred Thirteen Thousand Sixty Three Dollars and 05/100 (S2,213,063.05). ln consideration ofthe agreed premium charged forthis bond, it is understood and agreed that Everest Reinsurance company hereby consents that effective from the 22nd Day of November, 2024, said bond shall be amended as follows THE BOND PENALTY SHALL BE DECREASED: FROM: Two Million Two Hundred Thirteen Thousand Sixty Three Dollars and 05/100 To: Three Hundred Sixteen Thousand Eight Hundred Seventy Five Dollars and ss/ 100 (s316,87s. s s ) The DEcREASE of said bond penalty shall be effective as of the 22nd Day of November, 2024, and does hereby agree that the continuity of protection under said bond subject to changes in penalty shall not be impaired hereby, provided that the aggregate liability of the above mentioned bond shall not exceed the amount of liabilitv assumed by it at the time the act and/or acts of default were committed and in no event shall such liability be cumulative. Signed, sealed and dated this 19th Day of February, 2025 Everest Reinsura nce Company BY Jere RN EY-IN-FACT THE ABOVE BOND IS O ACCEPTED BY: Collier Cou nty OBI.IGEE Po lk, ED TO BY EREBY AG TITTE (S2,213,063.0s) SU RETY Page 947 of 5261 /aeverest" POWER OF ATTORNEY EVEREST REINSURANCE COMPANY KNOW ALL PERSONS BY THESE PRESENTS: That Everest Reinsurance Company, a corporation of the State of Oelaware ("Company') having its principal ofrice located at 100 Everest Way, Warren, New Je6ey, 07059, do hereby nominate, constitute, and appoint: Jeremy Polk, Matthew Erra its true and lawful Attomey(s)-in-fact to make, execute, anest, seal and deliver for and on its behatf, as surety, and as its act and deed, where required, any and all bonds and undertakings in the nature thereof, for the penal sum of no one of which is in any event to exceed UNLIMITED, reserving for itself the full power of substitution and revocation. Such bonds and undertakings, when duly executed by the aforesaid Attomey(s)-in-fact shall be binding upon the Company as fully and to lhe same extent as if such bonds and undertakings were signed by the President and Secretary of the Company and sealed with its corporate seal. This Power of Attorney is granted and is signed by facsimile under and by the authority ol the following Resolutions adopted by the Board of Oirecto6 of Company ('Board") on April 21 , 201 6: RESOLyED, that the President. any Executive Vice President, and any Senior Vice President are hereby appointed by the Board as authoized to make, execute, seal and deliver for and on behalf of the Company, any and all bonds, undedakings, contracts or obligations in surely or co-surety with others and that the Secretary or any Assislanl Secrelary of the Company be and thal each of them hereby is authorized lo aftest to lhe execution of any such bonds, undertakings, contracts or obligalions in surety or co-surety and atlach thereto the corporate seal ol the Company. RESOLVED, FURIHER. thal the President. any Executive Vice President. and any Senior Vice President are hereby authorized to execute powers of aftorney qualifying the attorney named in the given power of attorney to execute, on behalf of the Company, bonds and undeftakings in surely or co-surety with othes, and that the Secretary or any Assistant Secretary of the Company be. and that each of them is hereby authorized to attest the execution of any such power of aftotney, and to aftach lhereto the corporate seal ot the Company. RESOLVED, FURTHER, that the signature ot such officers named in the preceding resolutions and the corporate seal of the Company may be affixed to such powers of attomey or to any cedificate relating thereto by tacsimile, and any such power of attorney or certificate beanng such facsimile signatures or facsimile seal shall be thereaftet valid and binding upon the Company wilh respect to any bond, undeiaking, contract or obligation in surety or co-surety with others to which it is attached. lN WITNESS WHEREOF, Everest Reinsurance Company has caused their corporate seals to be atfixed hereto. and these presents to be signed by their duly authorized officers lhis I5rh day of February 2023. Everest Reinsurance Company By: Anthony Romano, Senior Vice President On this I srh day of February 2023, before me personally came Anthony Romano, known to me, who, being duly sworn, did execute the above inslrument; that he knows the seal of said Company: that the seal affixed to the aforesaid inslrument is such corporate seal and was affixed thereto; and that he executed said instrument by like order. LINDA ROBINS Nolary Public, State o, New York No 01R06239736 Qualified in Queens County Tem Expires April 25, 2027 Linda Robins, Notary Public l, Nicole Chase, Assistant Secretary of Everest Reinsurance Company do hereby certify that I have compared the foregoing copy of the Power ot Attorney and affidavit, and the copy of the Section of the bylaws and resolutions of said Corporation as set forth in said Power of Attomey, with the ORIGI NALS ON FILE I N THE HOME OFFICE OF SAIO CORPORATION, and that the same are correct transcripts thereof, and of the whole of the said originals, and that the said Power of Attomey has not been revoked and is now in full force and effect. lN WTNESS WHEREOF, I have hereunto set my hand and affixed the seal of said Company, 15;5 '1 9th 63y o1 February cnc 5 t>fd- /+l*--) ,tMtnaL "o,oqeSEAL ttr tusr* a \.Quwrt&; l97l ^$?Ota, SEAI ES 00 01 04 16 By: Nicole Chase, Assistant Secretary t Page 948 of 5261 RESOLU'I'ION NO.26. A IIESOLUTION OF THE, BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA AUTHORIZING FINAL ACCEPTANCE OF CERTAIN ROADWAY AND DRAINAGE IMPROVE,MENTS ANI) PLAT DEDICATIONS IN MANATEE COVE, ACCORDING TO THE PLAT THER.EOF RECOIIDED IN PLAT BOOK 68, PAGES It THROUGH 15, AND RELEASE, OF THE MAINTENANCE SECURII'Y. WHEREAS, the Board of County Commissioners of Collier County, Florida, on April 28,2020, approved the plat of Manatee Cove for recording; and WIIEREAS, the Developcr has constructed and maintained the roadway and drainage improvements in accordance with the approved plans and speciircations as required by the Land Development Code (Collier Count.v Ordinance No. 04-41. as amended); and WHEREAS. the Developer is requesting final acceptance of the roadway and drainage improvements and release olthe maintenance security; and WHEREAS, the Development Review Division has inspected the roadway and drainage improvements, and is recommending acceptance of said facilities. NOW. THEREFORE, BE iT RESOLVED BY THE BOARD OF COLINTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA. that final acceptance is hereby granted fbr those roadway and drainage improvements and plat dedications in Manatee Cove, pursuant to the plat thereof recorded in Plat Book 68, Pages 8 through 15, and the Clerk is hereby authorized to release the maintenance security. BE IT FURTHER RESOLVED AND ORDERED that the roadway and drainage improvements within Manatee Cove will be maintained privately in the future and will not be the responsibility of Collier County. 'l'his Resolution adopted after motion, second and majority vote favoring same, this 2026day of ATTEST: CRYSTAL K. KINZEL. CLERK Deputy Clerk Appror ed as to lorm and legality: Courtney L. DaSilva Assistant County Attorney BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA Dan Kowal. Chairman CAO llv: Page 949 of 5261 Page 950 of 5261 Page 951 of 5261 Page 952 of 5261 Page 953 of 5261 Page 954 of 5261 Page 955 of 5261 Page 956 of 5261 Page 957 of 5261