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Section 3. Conditions for Applicant. The Applicant is required to comply with the following <br />conditions: <br />(1) The Applicant/Developer shall pay the amount of S 147,056.00 to the City for the costs of <br />undergrounding in accordance with Section 250 -12 of the City Code and the approval <br />Resolutions within One Hundred Twenty (120) days from the adoption of this Resolution. <br />(2) If the Applicant/Developer fails to pay the amount set forth above. the City has the right <br />to take certain actions to collect the required amount for the undergrounding of utility lines <br />including but not limited to revoking the certificate of occupancy issued for Sole on the <br />Ocean or filine a lien against the property located at 17315 Collins Avenue. <br />Section 4. Effective Date. This Resolution will become effective upon adoption. <br />PASSED and ADOPTED this 15 day of October 2015. <br />ATTEST: <br />Jane A. Itines. MMC. Citv Clerk <br />APPROVED AS TO FORM <br />AND LEGAL SUFFICIENCY: <br />Attorney <br />Vote: j_0 <br />Mayor Scholl <br />Vice Mayor Gatto <br />Commissioner Aelion <br />Commissioner Goldman <br />Commissioner Levin <br />Scholl, Mayor <br />Moved by: 04 wvw, LA&AAO Aol a 1 na <br />Seconded by: Y 1s2 M6u +r (k,'Cd <br />_/ZYes) <br />(No) <br />(Yes) <br />(No) <br />(Yes) <br />(No) <br />82015- Sole Undegmunding Page 2 of 2 <br />V Yes) <br />(Yes) <br />