Approval of Expedited Building Permits for Berry Bay Village Q

Original title: Berry Bay Village Q Expedited Building Permit Bonding PI#6780 Authorize the Chairman to execute the Agreement for Issuance of Certain Residential Building Permits Under the Expedited Building Permit Program and Construction of Required On- and Off-Site Improvements for the Berry Bay Village Q subdivision. As set forth in Section 177.073, Florida Statutes and the County's Land Development Code, the Agreement allows for the issuance of building permits within the residential subdivision prior to the recording of the final plat for the subdivision, provided that construction plans have been approved and the developer provides a financial guarantee for construction of on- and off-site improvements as well as certain indemnifications of the County. No certificates of occupancy may be issued until such time as the on- and off-site site improvements are constructed, and the final plat has been approved by the Board of County Commissioners and recorded with the Clerk of Courts. Accept a Performance Bond for the on-site improvements in the amount of $1,480,996.00 and for the off-site improvements in the amount of $3,128,577.00 and provide Development Services with administrative rights to release such performance securities upon proper completion of required improvements, and submittal and approval of all required documentation.