Resolution Zoning 15-Z-154 - Laserfiche WebLink

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c) Streetscape enhancement 0.30 FAR $427,680 (*) The enclosed parking is not monetary bonuses. The FAR bonus program consists of participation units, which in this case are equal to 11 participation bonus units (where each participation unit has a value of 0.05 FAR). In detail, the bonus formula is the lot size (acres), times the participation units, times the price tag of the participation unit, for this case is as follows: • 0.99 (acres) x 11 (participation units) x $72,000 (price tag)= $784,080 The total contribution for all Floor Area Ratio bonuses for the development is $784,080 for an increase in floor area ratio of 0.95 for a total floor area ratio of 2.95. The Applicant shall provide the City with a non-refundable deposit in the amount of ten percent (10%) of the approved purchased price of 5784,080 for the FAR bonuses acquired from the City. The total amount of the deposit is $78,408. Failure to pay the required deposit within the three (3) working days of approval of the site plan application shall result in an automatic voiding of the City Commission site plan approval. 11. If approved, the Applicant must submit a separate building permit prior any installation of murals or graphics on temporary construction fencing to be approved administratively by the City Manager or designee. 12. That the Applicant shall address comments provided by City's Landscaping Architect regarding landscaping plans submitted during site plan review process. 13. That the Applicant shall address comments provided by City's Civil Engineer regarding civil plans submitted during site plan review process. 14. That the Applicant shall submit a staging plan before commencing any construction activity, the staging plan shall provide a schedule of activities such as parking arrangements, lane closures, sidewalk closures, and any other required activity that may provoke an impact on the surrounding areas to the site. The staging plan shall be approved administratively by the City Manager or designee. B. Conditions to be completed before any certificate of Occupancy is issued. 15. That the Applicant shall underground all utility lines for the proposed development project as required by the City Code. The Applicant shall also install or repair decorative sidewalk payers consistent with decorative sidewalk pavers installed by the City on the west side of Collins Avenue if existing decorative sidewalk is damaged. The decorative sidewalks shall be installed from the northern boundary of the property to the southern boundary of the property on Collins Avenue. The decorative sidewalks shall also be installed from the eastern boundary of the property on 175'h Terrace to the western boundary of the property. If the City undertakes the responsibility of undergrounding all utilities lines in front of the proposed project, the Applicant shall reimburse the City for all costs and expenses prior to I5-Z- 17550 Collins Avenue 5