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Resolution 2026-23 RESOLUTION 2026 - 2 3 re A RESOLUTION OF THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS APPROVING THE USE, a TRANSFER, OR SALE OF STEWARDSHIP CREDITS BY OWNERS FOR THE COMPLETION OF RESTORATION co U IMPROVEMENTS IN RESTORATION AREAS 1A, 1B,AND w Q 1C IN ACCORDANCE WITH THE RESTORATION PLAN Q o 0 FOR THE STEWARDSHIP SENDING AREA WITH A o N 0 o DESIGNATION AS "CLH & CDC SSA 15" IN THE RURAL ,0 °° D o (° O U- LANDS STEWARDSHIP AREA OVERLAY, WHICH CNI Cr o } CREDITS WERE APPROVED BY RESOLUTION 2020-25 Lo N = z �- o co UJu 0 N0owN rxoce Jc» WHEREAS, on November 18, 2008, by Resolution No. 2008-329, the Board of w w _J o w County Commissioners("Board")created a Stewardship Sending Area with a designation of"CLH& CDC SSA 15"and entered into a Credit Agreement,Easement Agreement and Escrow Agreement with Collier Land Holdings, Ltd. and CDC Investments, LLC; and WHEREAS, on September 10, 2013, by Resolution No. 2013-200, the Board approved an amendment to the Credit Agreement and Easement Agreement to extend certain dates by one (1) year; and WHEREAS, on September 23, 2014, by Resolution No. 2014-187, the Board approved the Second Amendment to the Credit Agreement and Easement Agreement, which Second Amendment extended the date by which the SSA 15 Stewardship Credits must be exchanged for development of Rivergrass Village Stewardship Receiving Area to November 18, 2017; and WHERAS,on October 10,2017,by Resolution No.2017-185,the Board approved the Third Amendments to the Credit Agreement and Easement Agreement, which Third Amendments extended the exchange date to November 18, 2020; and WHEREAS, on January 28, 2020, by Resolution No. 2020-25, the Board of County Commissioners approved an amendment to CLH & CDC SSA 15 removing 5.6± acres from the SSA, redesignating 5,253.4± acres as CLH & CDC SSA 15, removing additional land use layers, providing restoration credits, establishing the number of Stewardship Credits generated by the Amended and Restated Credit Agreement,Amended and Restated Easement Agreement and Amended and Restated Escrow Agreement, and extending the exchange date to November 18, 2023 (the Fourth Amendment); and [25-LDS-00 392/1 993 8 39/1]9 Page 1 of 3 SSA 15 Restoration II credits 1-2-26 WHEREAS, on October 10, 2023, by Resolution No. 2023-197, the Board approved the Fifth Amendment to the Credit Agreement and Escrow Agreement, which extended the exchange date to November 18, 2025; and WHEREAS, on December 31, 2025, the Easement Agreement was recorded in Official Records Book 6541 Page 1484 et. seq. of the Public Records of Collier County, Florida; and WHEREAS, One of the owners, Collier Land Holdings, has completed the restoration improvements for Areas 1 A, 1 B and 1C as set forth in the Restoration Plan within Resolution 2020-25; and WHEREAS, County staff has verified that the restoration improvements for Areas 1A, 1 B and 1C were completed in 2025 during a staff site visit in December 2025; and WHEREAS, County staff is requesting that the Board of County Commissioners approve the use of ten thousand, two hundred sixty-four and five-tenths (10,264.5) Stewardship Credits for completed restoration improvements for Areas 1A, 1 B and 1C. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: 1. The Board approves the use,transfer or sale of ten thousand two hundred sixty- four and five-tenths (10,264.5) Stewardship Credits and approves the use of the credits in exchange for the completion of restoration improvements for Area Areas 1 A, 1 B and 1C as set forth in the Restoration Plan within Resolution 2020-25. 2. Four hundred forty-nine and five-tenths (449.5) Stewardship Credits will be available upon completion of the restoration improvements for Areas 2, 3 and This Resolution is adopted after motion, second and majority vote, this day of ,)an ut-A.r , 2026. BOARD OF COUNTY COMMISSIONERS CRYSTA .:,'KINZ)✓f., CLERK COLLIER COUNTY, FLORIDA • By: 7 (1) Attest;a to 'hairrtiar li eputy Clerk Dan Kowal, C airman igq ture.only [25-LDS-00392/1993839/1]9 Page 2 of 3 SSA 15 Restoration II credits 1-2-26 Approved as to form and legality: / Heidi Ashton-Cicko 1-2-26 Managing Assistant County Attorney [25-LDS-00 392/1 993 8 39/1]9 Page 3 of 3 SSA 15 Restoration II credits 1-2-26