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HomeMy WebLinkAbout20050707 - Agenda Item - Final Plat Phase 2rnY or BASF HOME Of PELICAN ISLAND CITY OF SEBASTIAN AGENDA TRANSMITTAL Subject: Resolution R-05-36 Final Plat for Agenda No. 6 , 0 1 Sebastian River Landing Phase Two Department Origin: Growth Manage t ` Purchasing/Contracting: Ap ove f Submittal by: City Manager Finance Director: City Attorney: City Clerk: I n r Date Submitted: September 7, 2005 For Agenda of: September 14, 2005 Exhibits: Resolution R-05-36, Application, Performance bonds, Non -monotonous plan, and Final Plat EXPENDITURE REQUIRED: AMOUNT BUDGETED: APPROPRIATION None REQUIRED: SUMMARY Evans Group, LLC and KB Homes have filed an application for final plat for the 63 acre, single- family residential Sebastian River Landing Phase Two Subdivision. The private, deed -restricted subdivision includes a total of 189 single-family units thus creating a density of 3.00 units/acre, and is accessed by bridge via Bellamy Trail through Sebastian River Landing Phase One. Staff has verified that the final plat is in accordance with the preliminary plat approved by Resolution R-04-41 on October 27, 2004. The City Attorney has reviewed the plat dedications. The subdivision is adopting Phase One's bylaws, covenants, and restrictions with the addition of a non -monotonous color and building scheme, as required by condition of approval for the preliminary plat. Additionally, all engineering, and surveying details have been satisfied in accordance with Florida Statutes. As allowed by the City's land development regulations, the developer has posted a bond in the amount of 125% of anticipated construction completion costs so as to permit final platting prior to completion of infrastructure and site development requirements. The City Engineer has reviewed and accepted the estimated remaining costs, and the City Attorney has reviewed and approved the performance bonds. The City has required a separate performance bond for the construction of the sidewalks, which must be completed within two years. Currently sidewalks are constructed lot by lot as each individual building permit is issued. The sidewalk bond will provide for a complete system regardless of remaining vacant lots after a reasonable period of time of new home construction. RECOMMENDED ACTION Approve Resolution R-05-36 to accept the final plat for Sebastian River Landing Phase Two. Permit Application No. S� 5� City of Sebastian tlrric►r Annlinnfinn HOME OfPEUCANI$1A uGVGIV V IlI%iIIV vIvv. .. - - -- - - - Applicant If not owner, written authorization notarized from owner is -required) Name: William I► oil LondS Y V I (1 Address:5 31 I� no r w � a r Ft, Phone Number: (3at )-1`31 - y� FAX Number: (3a I )151 - 4�IuS Owner if different from applicant) Name: C A)1'0 -b'/'* { Y7 Address: t o S4 Ve r 2 Phone Number: (-1"1 a ) as l0 - as 0$ FAX Number: (1130,; - oa u� E -Mail: pF-r Title of permit or action requested: PLEASE COMPLETE ONLY THOSE SECTIONS WHICH ARE NECESSARY FOR THE PERMIT OR ACTION THAT YOU ARE REQUESTING. COPIES OF ALL MAPS, SURVEYS, DRAWINGS, ETC. SHALL BE ATTACHED AND 8-1/2" BY 11" COPIES OF ANY ATTACHMENTS SHALL BE INCLUDED. ATTACH THE APPROPRIATE SUPPLEMETAL INFORMATION FORM. A. Project Name (If applicable): n R►v r , B. Site Information Address: YQi Lot: Block: I Unit: Subdivision: Indian River County Parcel #: Zoning Classification: Future Land Use: Existing Use: Proposed Use: C. Detailed description of proposed activity and purpose of the reques d per or action (attach extra sheets if necessa Sc"bV iSbr i nol llc:- r DATE RECEIVED: 611231o_Z-- FEE PAID: $�S��- RECEIVED BY'- ^ & C tk i 701IR, Permit Application No. D. Project Personnel: Agent: Name: Williq 00f foi e Ine. i Jonam4n0L. • Address 1u Nov -AV) Mt1bgurly 4 P1 a7q35_7 Phone Number: (331 )"i5 I - ytau Ll FAX Number: (act 1 )?51 - LJ U y S E -Mail: Y n O Attorney: r- S r w{ r 4 Q_rr Sit y Address r 'C rA I Phone N tuber: FAX Num er: ( 776 );e3 - 1603 E -Mail: S Yf1CSL)Mf'1 . cc r") Engineer: Name: , moshq f Address 91455 i n o h ` Co0 Phone Number: ( 7&L)5toq -0035 FAX Number: (-na )11$' - 3U1-1 E -Mail: Surveyor: Name: Address OY �� Phone Number: -tjl/gt/ FAX Number: (3.7J )71-/-g11L15- E-Mail: I, , BEING FIRST DULY SWORN; DEPOSE AND SAY THAT: _ I AM THE OWNER _ I AM THE LEGAL REPRESENTATIVE OF THE OWNER OF THE PROPERTY DESCRIBED WHICH IS THE SUBJECT MATTER OF THIS APPLICATION, AND THAT ALL THE INFORMATION, MAPS, DATA AND/OR SKETCHES PROVIDED IN THIS APPLICATION ARE ACCU TE AND TRUE TO THE B ST OF MY KNOWLEDGE AND BELIEF. 'o��- �'4x L.) IGNATURE DATE SWORN TO AND SUBSCRIBED BEFORE N WHO IS PERSONALLY KNOWN TO ME OR AS IDENTIFICATION, THIS Za DAY OF NOTARY'S SIGNATURE PRINTED NAME OF NOTARY COMMISSION NO./EXPIRATION SEAL: EEII,�'*;_:,,�_ SAN• SERRY MY (:OMHt' i )N k DD 393556EXPIRE.;,, bruary7, 2009 Bonded ThrU flcla r"uDlit UnderW�ters MBVENGINEERING, INC. CONSULTING ENGINEERIN MOIA BOWLES VILLAMIZAR & ASSOC TES OP August 23, 2005 Ms. Dori Bosworth Via Hand Delivery City of Sebastian 1225 Main Street Sebastian, Fl 32958 Subject: Sebastian River Landings II Sebastian, Florida Engineer's Project Number: 02-634D Dear Ms. Bosworth: In order to record the final plat for the subject project, please find attached a certified cost estimate for the remaining required infrastructure improvements. Please note that the total price for each item is the contract price less that portion which has been constructed or performed, inspected by this office, and certified by this office for payment by the owner to the contractor as of the date of this letter. It is proposed that a performance bond be accepted by the city in the amount of $768,880.88, which is the grand total of the line items to be completed plus 25%. In addition, a separate sidewalk bond is being provided for the construction of the required sidewalk, which will be constructed during the individual lot home construction process or within two years, whichever comes first. The total 4' wide sidewalk length is 7825 feet x $12.00/ft = $93,900.00. Please review the attached and confirm that this is acceptable to the city. Should you have any questions regarding the above subject, please call. BAM/jeh E. cc: Mr. Pete Fraccaroli - KB Homes 94.1i.r) - 14TH AVFNI IF VFRO RFA( -.H FI nRIhA R99fin ,Sebast�avu R"Ver L2VAi�g ii cowLpLetiovt, cost EstLVI.ate Item Quantity Unit Unit Price Total Billed % Complete Total to be completed 1. Sod Lake Banks 15324 SY $ 1.35 $ 20,687.40 90% $ 2,068.74 2. Seed & Mulch 40.04 ac. $ 1,875.00 $ 75,075.00 0% $ 75,075.00 3. Erosion Control 1 LS - $ 9,530.00 95% $ 476.50 4. Sewer TV Inspection 7836 LF $ 1.15 $ 9,011.40 0% $ 9,011.40 5. Lift Station 1 each - $131,270.00 50% $ 65,635.00 6. Sample Points 9 each $ 450.00 $ 4,050.00 0% $ 4,050.00 7. Fill & Flush Connection 2 each $ 1,200.00 $ 2,400.00- 0% $ 2,400.00 8. 6" Limerock Base 22666 SY $ 7.35 $166,595.10 86% $ 23,323.31 9. 1" Asphalt Type III 22655 SY $ 4.00 $ 90,620.00 0% $ 90,620.00 10. 3/4" Asphalt Tye III overlay 22655 SY $ 2.50 $ 56,637.50 0% $ 56,637.50 11. 2' Sod Strip 3620 SY $ 1.35 $ 4,887.00 0% $ 4,887.00 12. Signage / Striping 1 LS - $ 3,950.00 0% $ 3,950.00 13. Valley Curb & Gutter 15000 LF $ 8.35 $125,250.00 94% $ 7,515.00 14. Bridge 1 each - $ 741,015.00 65% $ 259,355.25 15. Engineering Certifications 1 LS - $ 3,800.00 0% $ 3,800.00 16. As-builts 1 1 LS - $ 10,000.00 79% $ 2,100.00 17. Geotech Testing Fees 1 LS - $ 20,000.00 79% $ 4,200.00 TOTAL $ 615,104.70 125% Bond 1 $ 768,880.88 siz 4 Date Se, o!;�- BOND NO.: 024022762 PREMIUM: $3,844.00 SUBDIVISION PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS: That KB HOME Treasure Coast LLC., as Principal and Liberty Mutual Insurance Company, a corporation licensed to transact surety business in the State of Florida as Surety, are held and firmly bound unto the City of Sebastian, as obligee, in the penal sum of Seven Hundred Sixty Eight Thousand Eight Hundred Eighty and 88/100 Dollars ($768,880.88), for the payment of which sum well and truly to made, we bind ourselves, our heirs, executors, successors and assigns, jointly and severally by these presents. THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, that whereas said Principal, the owner of a tract of land representing a subdivision entitled Sebastian River Landing Phase 2, and WHEREAS, the map of said tract on which Principal desires to construct Subdivision Improvements hereinafter referred to as improvements, and petition the obligee to accept the improvements, and WHEREAS, said obligee requires a bond conditioned for the improvements of said tract, and WHEREAS, the Principal proposes at its own cost and expense to improve said tract within the limits of said subdivision. NOW, THEREFORE, if the said Principal shall well and truly cause said improvements, as herein before specified, within the limits of said subdivision to be improved, then this obligation shall cease and be void, otherwise it shall remain in full force and effect, and the Surety on this bond binds itself to said Obligee, to the amount on the herein above stated penal sum, that said improvements shall be completed in accordance with the agreement between Principal and Obligee. IN WITNESS WHEREOF, said Principal has hereunto set its hands and seals, and said Surety has caused these presents to be executed by its officers thereunto authorized this 23rd day of August 2005. KB HOME Treasure tLLC LTJ i VPC O�S) QeA�i�me L Tit],) M. Pietrangelo, 47L. Resident Agent Aon Risk Services, Inc. of FL 1001 Brickell Bay Drive, Suite 1100 Miami, FL 33131 Liberty Mutual Insurance Company By:- yc Herrin, Attorney -in -Fact ACKNOWLEDGEMENT STATE OF FLORIDA COUNTY OF INDIAN RIVER The foregoing instrument was acknowledged before me this 24th day of August 2005, by William Orazi, Vice President, Land of KB Home Treasure Coast LLC who is personal known to me [ X ]or- hav-pr-ed+ic-c4 (type of identification). (NOTARY SEAL) ",,,Glu A °" 91 ' Notary Public Signatu PATRICIA M. GORIER n MY COMMISSION # DD 345915 C �'J� � Id 7 6 EXPIRES: August11, Uoos zotary Public Print Name: Bonded Thru Notary PuW4c rderwrAers IV y Commission Expires: 2 003 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Los Angeles On August 23, 2005 before me, Maria Pena, Notary Public, personally appeared Joyce Herrin personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they--T executed, -,the same 7 in;: his/her/their authorized capacity(ies), and that by his/her/their signature(s) on .the instrument the`I' person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Maria Pena MARIA PENA� COMM. a 1414097 y (n •>' 1; PUCiLIG CALIFORNIA N NOTARY Q �C C' . rt LOS ANGELES COUNTY fires Apr 27 2007 I�My ._.. r,umn, Exv Maria Pena THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. 1791894 This Power of Attorney limits the acts of those named herein, and they have no authority to bind the..Company except in the manner and to the extent herein stated. LIBERTY MUTUAL INSURANCE COMPANY BOSTON,MASSACHUSETTS POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS: That Liberty Mutual Insurance Company (the "Company"), a Massachusetts stock insurance company, pursuant to and by authority of the By-law and Authorization hereinafter set forth, does hereby name, constitute and appoint E.S. ALBRECHT, JR., CK NAKAMURA, LISA L.THORNTON, MARIA PENA, MARINATAPIA, EDWARD C. SPECTOR, KD CONRAD, JOYCE HERRIN, MICHAEL R. MAYBERRY, ALL OFTHE CITY -OF LOS ANGELES, STATE CALIFORNIA .......................................... ........ .... ..... ..... .. ............................... each individually if there be more..than one named its true and lawful attorney in: -fact to make execute seal, acknowledge and deliver, for and on its behalf as surety and as its act and deed, ani*anId*all unFd*e*a*ings, bonds, recognizances and other suretybbliggat*o* *in the penal sum not exceeding ONE HUNDRED MILLION AND 00/100 70LLARS j$ 10Q 000,000.00 ) each, and the execution of such undertakings, bonds, recognizances and :other surety obligations, in pursuance ;of these presents; shall be as binding upon the Company as if they had been duly signed by the president and attested by the secretaryof the Company in their own proper persons. That this power is made and executed pursuant to and by authority of the following By-law and Authorization ARTICLE XIII - Execution of Contracts: Section 5. Surety Bonds and Undertakings. Any officer of the Company authorized for that purpose in writing by the chairman or the president, and subject to such limitations as the chairman or the president may prescribe, shall appoint such attorneys -in -fact, as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys -in -fact, subject to the limitations set forth in their respective powers of attorney, shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so executed such instruments shall be as binding as if signed by the president and attested by the secretary. By the following instrument the chairman or the president has authorized the officer or other official named therein to appoint attorneys -in -fact: Pursuant to Article XIII, Section 5 of the By -Laws, Garnet W, Elliott, Assistant Secretary of Liberty Mutual Insurance Company, is hereby authorized to appoint such attorneys -in -fact as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. That the By-law and the Authorization set forth above are true copies thereof and are now in full force and effect, IN WITNESS WHEREOF, this Power of Attorney has been subscribed by an authorized officer or o.-fficial."of the Company and the corporate seal of Liberty Mutual Insurance Company has been affixed thereto in Plymouth Meeting, Pennsylvania this 3rd day of August 2005 LIBERTY MUTUAL.INSURANCE COMPANY is a Garnet W. Elliott, Assistant Secretary COMMONWEALTH OF PENNSYLVANIA ss COUNTY OF MONTGOMERY On this 3rd day of August 2005 , before me, a Notary Public, personally came. Garnet W. Elliott, to me known, and acknowledged that he is an Assistant Secretary of Liberty Mutual Insurance Company; that he knows the seal of said corporation; and that he executed the above Power of Attorney and affixed the corporate seal of Liberty Mutual Insurance Company thereto with the authority and at the direction of said corporation. IN TESTIMONY WH R'V�"Pi unto subscribed my name and affixed my notarial seal at Plymouth Meeting, Pennsylvania, on the day and year first above written. tj� pgf7NW t° J C9 x5 COMMONWEALTH OP PENN$Y_LVAt4l OF Terelf?6steMa NofarYPut By P~ T4=1 Mont9on'�erY �nY .. . , Sr,., � Mymiw YCao 5,0re9Mar, 28:2QiJe Ter sa Pastella, Notary Public- "SYLq �c,1 ; Membor, Piiinylvania Asseclatlan of Notarke � CERTIFICATE nn, I, the undersigned, Assistant Secretary of Liberty Mutual Insurance Company, dohereby certify that the original power of attorney of which the foregoing is a full, true and correct copy, is in full force and effect on'the date of this certificate; and 1. do further certify that the:officer or official who executed the said power of attorney is an Assistant Secretary specially authorized by the chairman or the president o appoint attorneys -in -fact as provided in Article XIII, Section 5 of the By-laws of Liberty Mutual Insurance Company. This certificate and the above power of attorney may be signed by facsimile or mechanically reproduced signatures under and by authority of the following vote of the board of directors of Liberty Mutual Insurance Company at a meeting duly called. and held on the 12th day of March, 1980. VOTED that the facsimile or mechanically reproduced signature of any assistant secretary of the company, wherever appearing upon a certified copy of any power of attorney issued by the company in connection with surety bonds, shall be valid and binding upon the company with the same force and effect as though manually affixed. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the said company, this 23rd day of August 2005. gy f Davi M _Care Ass t Secreta Y ry cv N N W C .y 7 C c� c O v I— N yW C E 0 a Q� 0 3� O E CL Yn t O O C 'fl 00 ,�. co L Cl) Cro, 0 Tm- I— Liberty Mutual Surety Bond Number 024022762 NOTICE FROM SURETY REQUIRED BY TERRORISM RISK INSURANCE ACT OF 2002 In accordance with the Terrorism Risk Insurance Act of 2002 (referred to hereinafter as the "Act'), this disclosure notice is provided for surety bonds on which one or more of the following companies is the issuing surety: Liberty Mutual Insurance Company; Liberty Mutual Fire Insurance Company; LM Insurance Corporation; The First Liberty Insurance Corporation; Liberty Insurance Corporation; Employers Insurance Company of Wausau (formerly "EMPLOYERS INSURANCE OF WAUSAU A Mutual Company"); Peerless Insurance Company; and any other company that is a part of or added to the Liberty Mutual Group for which surety business is underwritten by Liberty Mutual Surety (referred to collectively hereinafter as the "Issuing Sureties"). NOTICE FORMS PART OF BOND This notice forms part of surety bonds issued by any one or more of the Issuing Sureties. DISCLOSURE OF PREMIUM The premium attributable to any bond coverage for "acts of terrorism" as defined in Section 102(1) of the Act is Zero Dollars ($0.00). DISCLOSURE OF FEDERAL PARTICIPATION IN PAYMENT OF TERRORISM LOSSES The United States will reimburse the Issuing Sureties for ninety percent (90%) of any covered losses from terrorist acts certified under the Act exceeding the applicable surety deductible. LMIC-6539 11/15/04 BOND NO.: 024022763 PREMIUM: $470.00 SUBDIVISION PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS: That KB HOME Treasure Coast LLC., as Principal and Liberty Mutual Insurance Company, a corporation licensed to transact surety business in the State of Florida as Surety, are held and firmly bound unto the City of Sebastian, as obligee, in the penal sum of Ninety Three Thousand Nine Hundred and 00/100 Dollars ($93,900.00), for the payment of which sum well and truly to made, we bind ourselves, our heirs, executors, successors and assigns, jointly and severally by these presents. THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, that whereas said Principal, the owner of a tract of land representing a subdivision entitled Sebastian River Landing Phase 2, and WHEREAS, the map of said tract on which Principal desires to construct Sidewalk Improvements hereinafter referred to as improvements, and petition the obligee to accept the improvements, and WHEREAS, said obligee requires a bond conditioned for the improvements of said tract, and WHEREAS, the Principal proposes at its own cost and expense to improve said tract within the limits of said subdivision. NOW, THEREFORE, if the said Principal shall well and truly cause said improvements, as herein before specified, within the limits of said subdivision to be improved, then this obligation shall cease and be void, otherwise it shall remain in full force and effect, and the Surety on this bond binds itself to said Obligee, to the amount on the herein above stated penal sum, that said improvements shall be completed in accordance with the agreement between Principal and Obligee. IN WITNESS WHEREOF, said Principal has hereunto set its hands and seals, and said Surety has caused these presents to be executed by its officers thereuntgauthorized this 23rd day of August 2005. KB HOME Treasu 0-0 Countersigna oast LLC C P& S// 60— (Name & Title) / 4/J-vd . Pietrangelo,°FL. Resident Agent Aon Risk Services, Inc. of FL 1001 Brickell Bay Drive, Suite 1100 Miami, FL 33131 Liberty Mutual Insurance Company By: (IV, ;,6� y Herren, Attorney -in -Fact ACKNOWLEDGEMENT STATE OF FLORIDA COUNTY OF INDIAN RIVER The foregoing instrument was acknowledged before me this 24th day of August 2005, by William Orazi, Vice President, Land of KB Home Treasure Coast LLC who is personal known to me [ J ave „ ,,didee (type of identification). (NOTARY SEAL) .,,. �.�,,,,, z , , Notary Public Signa PATRICfA M. GO MY COMMISSION DD 345915 EXPIRES; August 11 2 Pa a e7 -9/C --- Bonded Thru Notary Publlo Und ry Public Print Name: My Commission Expires: dill�us l/ 2a��' CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Los Angeles On August 23, 2005 before me, Maria Pena, Notary Public, personally appeared Joyce Herrin personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in 'his/her/their authorized' capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the persons) acted, executed the instrument. WITNESS my hand and official seal. _ MARIA PENA COMM. #1414097 = NOTARY PUBLIC CALIFORNIA N zf '' LOS ANGELES COUNTY �. • My Comm. Expires Apr 27 2007 Maria Pena 1791893 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND., This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated. LIBERTY MUTUAL INSURANCE COMPANY BOSTON, MASSACHUSETTS POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS: That Liberty Mutual Insurance Company (the:.."Company"), a Massachusetts stock insurance company, pursuant to and by authority of the By-law and Authorization hereinafter set forth, does hereby name constitute and appoint E.S. ALBRECHT, JR., CX NAKAMURA, LISA L.THORNTO.N, MARIA PENA, MARiNATAPIA,:EDWARD.C. SPECTOR, KD CONRAD, JOYCE HERRIN, MICHAEL R. MAYBERRY, ALL OF THE CITY OF LOS ANGELES, STATE CALIFORNIA ................................................................... .,........ ................ ..... ... .......... ............................... each individually if there be more than one named its true and lawful attorney -In -fact to make execute, seal,. acknowledge and deliver, for and on its behalf as surety and as its act and deed, any and all undertakings, bonds, recognizances and other surety .obligations.in-Ahe penal sum not exceeding ONE HUNDRED MILLION AND 00/100**************-****** DOLLARS ($ 100;000,000.00***** )each, and the execution of such undertakings, bonds, recognizances and other surety obligations, in pursuance of these presents, shall be as binding upon the Company as if they had been duly signed by the president and attested by the secretary of:the Company in their own proper persons. That this power is made and executed pursuant to and by authority of the following By-law and Authori atlon ARTICLE XIII - Execution of Contracts: Section 5. Surety Bonds and Undertakings. Any officer of the Company authorized for that purpose in writing by the chairman or the president, and subject to such limitations as the chairman or the president may prescribe, shall appoint such attorneys -in -fact, as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys -in -fact, subject to the limitations set forth in their respective powers of attorney, shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so executed such instruments shall be as binding as if signed by the president and attested by the secretary. By the following instrument the chairman or the president has authorized the officer or other official named therein to appoint attorneys -in -fact: Pursuant to Article XIII, Section 5 of the By -Laws, Garnet W. Elliott, Assistant Secretary of Liberty Mutual Insurance Company, is hereby authorized to appoint such attorneys -in -fact as may be necessary to act in behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. That the By-law and the Authorization set forth above are true copies thereof and are now in full force and effect. IN WITNESS WHEREOF, this Power of Attorney has been subscribed by an authorized officer, or official of the Company -and the corporate seal of LibertyMutual Insurance Company has been affixed thereto in Plymouth Meeting, Pennsylvania this 3rd day of August 7777-777. 2005 LIBERTY 'MUTUALINSURANCE COMPANY By(9-�a-,�. Y Garnet W. Elliott, Assistant Secretary COMMONWEALTH OF PENNSYLVANIA ss COUNTY OF MONTGOMERY On this 3rd day of August 2005 , before me, a Notary Public, personally came Garnet W. Elliott, to me known, and acknowledged that he is an Assistant Secretary of Liberty Mutual Insurance Company; that he knows the seal of said corporation; and that he executed the above Power of Attorney and affixed the corporate seal of Liberty Mutual Insurance Company thereto with the authority and at the direction of said corporation. IN TESTIMONY WH 31; Ver unto subscribed my name And affixed my notarial seal at Plymouth Meeting, Pennsylvania, on the day and year first above written. 4 ONIN ;%✓ 4� 9C�SCOMMONWEALTH OF PENN$YLV NIA n OFNotarial Seal /ff -_ T$ropa P6L'IOda, Ngtaty PubIIC .: By flyattu}h7r�., hAKgorreryC�urrty My C+ rn*.elonWresTer�Pastella, Notary Public � Member, Psnnsplva,nia Assoeiatlon or Notadse CERTIFICATE I, the undersigned, Assistant Se reta�ry of Liberty Mutual Insurance Company; do hereby certify that the original power of attorney of which the foregoing is a full, true and correct copy, is in full force and effect on. the date of this certificate; and ) do further-c'ettlfy that the officer or official who executed the said power of attorney is an Assistant Secretary specially authorized by.the chairman or the president o appolnt attorneys -in -fact as provided in Article XIII, Section 5 of the By-laws of Liberty Mutual Insurance Company.' This certificate and the above power of attorney may be signed by facsimile or mechanically reproduced signatures under and by authority of the following vote of the board of directors of Liberty Mutual Insurance Company at a meeting duly called and held on the 12th day of March, 1980. VOTED that the facsimile or mechanically reproduced signature of any assistant secretary of the company, wherever appearing upon a certified copy of any power of attorney issued by the company in connection with surety bonds, shall be valid and binding upon the company with the same force and effect as though manually affixed. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the said company, this 23rd day of August 2005. ,.David M. Carey pssl _ ,nt Secretary a M rn N C N 7 C ca _ a O V F � L 0 CL QM 04 01 C M O E a. cc �o O = 'a 3 >� �o +. OD r >_ M G c0 , V O �(D Liberty Mutual Surety Bond Number 024022763 NOTICE FROM SURETY REQUIRED BY TERRORISM RISK INSURANCE ACT OF 2002 In accordance with the Terrorism Risk Insurance Act of 2002 (referred to hereinafter as the "Act'), this disclosure notice is provided for surety bonds on which one or more of the following companies is the issuing surety: Liberty Mutual Insurance Company; Liberty Mutual Fire Insurance Company; LM Insurance Corporation; The First Liberty Insurance Corporation; Liberty Insurance Corporation; Employers Insurance Company of Wausau (formerly "EMPLOYERS INSURANCE OF WAUSAU A Mutual Company"); Peerless Insurance Company; and any other company that is a part of or added to the Liberty Mutual Group for which surety business is underwritten by Liberty Mutual Surety (referred to collectively hereinafter as the "Issuing Sureties"). NOTICE FORMS PART OF BOND This notice forms part of surety bonds issued by any one or more of the Issuing Sureties. DISCLOSURE OF PREMIUM The premium attributable to any bond coverage for "acts of terrorism" as defined in Section 102(1) of the Act is Zero Dollars ($0.00). DISCLOSURE OF FEDERAL PARTICIPATION IN PAYMENT OF TERRORISM LOSSES The United States will reimburse the Issuing Sureties for ninety percent (90%) of any covered losses from terrorist acts certified under the Act exceeding the applicable surety deductible. LMIC-6539 11/15/04 'NDMENT TO DECLARATION OF COVENANTS, CONDITIONS Al RESTRICTIONS OF SEBASTIAN RIVER LANDING, LLC 4� THIS THIRD AMENDMENT, made as of the date hereinafter set forth by SEBASTIAN RIVER LANDING, LLC, a Florida limited liability company, is to Amend Declaration of Covenants, Conditions and Restrictions of Sebastian River Landing LLC, as originally recorded in the records of Jeffrey K. Barton, Clerk of Circuit Court of Indian River County, Florida in Official Records Book 1698, Pages 171 through 199 as follows: Pursuant to that certain Limited Assignment of Declarant Developer's rights, COMES NOW, the Declarant, KB Home Treasure Coast LLC and does hereby amend the Declaration of Covenants, Conditions and Restrictions of SEBASTIAN RIVER LANDING LLC originally recorded by Sebastian River Landing LLC on February 27, 2004 as follows: 1. The following real property, known as Sebastian River Landing Phase II is hereby added pursuant to Article 8, Sections 4 and 5 of the Declaration: The South 512.13 feet of the South one-half of the Northeast one-quarter of Northwest one-quarter, and the South 512.13 feet of the South one-half of the Northwest one-quarter of the Northwest one-quarter, less the West 200 feet, all in Section 26, Township 31 South, Range 38 East. AND That portion of the North one-half of the North one-half of the Northwest one- quarter of Section 26, Township 31 South, Range 38 East, lying South of the drainage canal located in, upon and under the land upon which an easement was granted to Graves Brothers Company, a Florida corporation, by easement recorded in Deed Book 28, page 435, Public Records of Indian River County, Florida. AND That part of the South one-half of the Northeast one-quarter of the Northwest one-quarter of Section 26, Township 31 South, Range 38 East, less the South 512.13 feet thereof. AND That part of the South one-half of the Northwest one-quarter of Northwest one- quarter of Section 26, Township 31 South, Range 38 East, less the West 200 feet and the South 512.13 feet thereof. 2. KB Home Treasure Coast LLC shall have the same rights and obligations relating to Phase 2, Sebastian River Landing as the Declarant/Developer pursuant to Article 5 of the Declaration of Covenants and Restrictions, the Covenant for Assessments. 3. The following language is hereby added pursuant to Article II as an architectural restriction of the Declarations: Builder shall not construct a residence / home with the same color schemes or front architectural elevations on adjoining / adjacent Lots. No two Lots, side by side, shall have the same color schemes or front architectural elevations. IN WITNESS WHEREOF, the undersigned, being the Declarant herein, has caused these presents to be executed in its name by its duly authorized officer, as of the day of August, 2005. Printed Nam Printed N STATE OF FLORIDA COUNTY OF (end of text this page) KB HOME TREASURE COAST LLC By: Its:_ Printed I HEREBY CERTIFY that on this day, before me an officer duly authorized in the State and in the County aforesaid to take acknowledgments, personally appeared as a of KB HOME TREASURE COAST LLC, to me known to be the person described in and who executed the foregoing instrument and acknowledged before me that he executed the same. The said person was not under oath. WITNESS my hand and official seal this day of , 2005. Printed Name: Commission Expires: / Check List For Final Plat Recording Fully Executed and Sealed Reproducible Mylar that meets requirements of FS 177 and LDC with all Certifications and Approvals signed and sealed (if applicable) or notarized (if applicable) by: City Clerk staff to meet developer at Indian River County recording office for recording and provide copies to GMD and Engineering — developer to pay recording fees Property Owner Title Company or Attorney Certifying that owner is owner of record and tN whether mortgage has been satisfied Mortgagee (if applicable) Professional Surveyor and Mapper (sealed) City Engineer (to be signed after final review and certification by GMD) City Surveyor (sealed) City Attorney as to legal form and content for plat and all sureties ion ) Certification from Clerk of Court provided by Developer that the final plat mylar is sufficient to be recorded (fee for recording will be paid directly to / Clerk of Court by developer when City clerk staff meets them at recording office) V Copies of homeowner's association or condominium docs if applicable which shall indicate maintenance responsibility for required improvements / V Eight copies of the above fully executed plat for distribution in agenda packets (except Mayor and City Clerk signatures) Statement of Developer indicating whether constructed improvements are to be completed prior to recording or after recording under guarantees posted with the City If required improvements are to be completed after recording: / V Certified cost estimate by applicant's engineer of all required improvements and contract bid to complete the improvement City Engineer approval of cost estimates Contract in triplicate between City and Applicant (only if cash deposit) Guarantee of 110% of amount ' the form of cash deposit ersonal bond w/irrevocable letter of credi or surety bond (Best's AAA rating) Resolution w/transmittal that includes a signature block for City Engineer, City Attorney, and guarantee documents if applicable F2oM lk�eH Mayor and City Clerk signatures - sealed and dated after approval City Clerk staff to meet developer at Indian River County recording office for recording and provide copies to GMD and Engineering — developer to pay recording fees