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or environmental consultant or professional(s) employed by the City as the Manager shall <br /> deem reasonably necessary to enable him/her to review such application as required by law. <br /> Charges made by such consultants or professionals shall be in accord with the charges <br /> customarily made for such services in Miami-Dade County, and pursuant to an existing <br /> contractual agreement by and between the City and such consultant. Charges made by the <br /> City shall be in accord with the hourly rates charged by such consultants or hourly rates of <br /> employed professionals and shall be paid within 30 days on submission of City voucher. <br /> 6. At the time of submission of any application or thereafter, it is required that an escrow account <br /> be established, from which withdrawals shall be made to reimburse the City for the cost of <br /> professional review services, if any. The Applicant shall then provide funds to the City for <br /> deposit into such account in an amount to be determined by the City Manager, based on his/her <br /> evaluation of the nature and complexity of the application. The Applicant shall be provided <br /> with copies of any City voucher for such services as they are submitted to the City. When the <br /> balance in such escrow is reduced to one-third (1/3) of its initial amount, the applicant shall <br /> deposit additional funds into such account to bring its balance up to the amount of the initial <br /> deposit. If such account is not replenished within thirty-days (30) after the applicant is <br /> notified, in writing, of the requirements for such additional deposit, the City may suspend its <br /> review of the application. An application shall be deemed incomplete if any amount shall be <br /> outstanding. A building permit or Certificate of Use and Certificate of Occupancy shall not <br /> be issued unless all professional review fees charged in connection with the applicant's project <br /> have been reimbursed to the City. Once all pertinent charges have been paid, the City shall <br /> refund to the Applicant any funds remaining on deposit. <br /> 7. The Applicant shall furnish payment and performance bond in an amount determined by the <br /> Building Official to ensure Applicant's performance of public improvements required <br /> pursuant to site plan approval and in accordance with recommendations of the Building <br /> Official after review of construction plans submitted based on development approval granted <br /> herein. Any such bond shall be issued by a surety having a minimum rating of A-1 in the <br /> Best's Key Rating Guide, Property/Casualty Edition, shall be subject to the approval of the <br /> City, and shall provide that "this bond may not be cancelled or allowed to lapse until 30 days <br /> after receipt by the City, by certified mail, return receipt requested, of written notice from the <br /> issuer of the bond of intent to cancel or not to renew". As improvements are made the City, <br /> within its discretion, may reduce or eliminate the bond amount. These rights reserved by the <br /> City with respect to any construction bond established pursuant to this section are in addition <br /> to all other rights and remedies the City may have under this Resolution, in law or in equity. <br /> Other Conditions <br /> 8. That the Applicant obtains a Certificate of Occupancy and a Certificate of Use from the City <br /> upon compliance with all terms and conditions. The Certificate of Occupancy and Certificate <br /> of Use shall be subject to cancellation upon violation of any of the conditions. <br /> 9. That the approved modified site plan shall remain valid for a period of 24-months from the <br /> date of approval of the site plan modification. If no building permit is issued within the 24- <br /> I <br /> 16-Z- 17550 Collins Avenue, LLC 4 <br />