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pertinent charges have been paid, the City shall refund to the Applicant any funds <br /> remaining on deposit. <br /> 11. The Applicant shall furnish payment and performance bond in an amount determined by <br /> the 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 <br /> granted herein. Any such bond shall be issued by a surety having a minimum rating of A- <br /> 1 in the Best's Key Rating Guide, Property/Casualty Edition, shall be subject to the <br /> approval of the City, and shall provide that "this bond may not be cancelled or allowed to <br /> lapse until 30 days after receipt by the City, by certified mail, return receipt requested, of <br /> written notice from the issuer of the bond of intent to cancel or not to renew". As <br /> improvements are made the City, within its discretion, may reduce or eliminate the bond <br /> amount. These rights reserved by the City with respect to any construction bond <br /> established pursuant to this section are in addition to all other rights and remedies the City <br /> may have under this Resolution, in law or in equity. <br /> Other Conditions. <br /> 12. That the Applicant obtains a Certificate of Occupancy and a Certificate of Use from the <br /> City upon compliance with all terms and conditions. The Certificate of Occupancy and <br /> Certificate of Use shall be subject to cancellation upon violation of any of the conditions. <br /> 13. That the approved site plan shall remain valid for a period of 72-months from the date of <br /> the site plan modification approval. If no building permit is issued within the 72-month time <br /> period, the site plan shall be considered null and void and of no force and effect. <br /> 14. That the Applicant complies with all City Ordinances, County, State and Federal Laws and <br /> Regulations applicable to development and permit approvals. <br /> 15. All sand excavated from the property including sand from the western side of the Coastal <br /> Construction Control Line ("CCCL") shall be cleaned and shall remain on the beach for re- <br /> nourishment purposes in a location to be determined by Miami-Dade County Regulatory <br /> and Economic Resources ("RER") (formerly Miami-Dade County Department of <br /> Environmental Resources Management "DERM"). <br /> (END) <br /> 9 <br /> U:\PLANNING&ZONING20031ZONIN'G HEARING-APPLICATIONS 12016 APPLICATION\PZ2016-03 Varadero Mod.Staff Repon 042116 <br />