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F' BOOK PAGE engineering division and the utility services department have approved the submitted cost estimate and have verified that the performance bond amount is adequate to cover the estimated cost of completing the remaining required improvements. The amount of this `original" performance bond covers only a portion of what is now required to be installed within the Jungle Trail buffer. However, the developer is also posting additional security for additional Jungle Trail buffer work, as described later in this report, and to guarantee the survival and health of the 5 large live oaks. Contract and security obligations are as follows: Contract Corresponding Securit Performance bond, guaranteed by a Florida 1. No. SD -99-07-10-A surety, for contract No. SD -99-07-10-A. Covers infrastructure and a portion of Jungle Trail buffer plantings. Obligates developer to complete improvements on or before July 1, 2000. 2. No. SD -99 -07 -10 -AA Performance bond, guaranteed by a Florida surety, for contract No. SD -99 -07 -10 -AA. Covers additional Jungle Trail buffer plantings in accordance with revised buffer plan dated April 25, 2000. Obligates developer to complete additional plantings on or before July 1, 2000. 3. No. SD -99 -07 -10 -LO Letter of Credit to support contract No. SD -99- 07 -10 -LO to run until May 2, 2006. Covers installation and monitoring viability of the 5 large live oaks. Obligates developer to have live oaks installed on or before May 2, 2001 and to monitor the viability of the trees until May 2, 2006. These contract, bond, and letter of credit forms were devised by and approved by the County Attorney's Office. Based upon landscaping amounts covered by both bonds, Environmental Planning staff are satisfied that the proposed tree replacement and Jungle Trail buffer work are adequately secured. The county attorney's office has approved the construction contracts for legal form and sufficiency and has approved the format of the performance bonds and letter of credit. All applicable requirements regarding final plat approval have been satisfied regarding standard infrastructure and platting matters. Jungle Trail buffer issues relating to final plat approval are discussed later in this report. Pursuant to the county's LDRs, the applicant will be required to obtain a certificate of completion after satisfactory completion of the required improvements. At that time, the applicant will warranty the utility improvements via a utility services department Bill of Sale. All other improvements will be privately dedicated; therefore, no warranty maintenance agreement is required. May 2, 2000 74