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provide that "this bond may not be cancelled or allowed to lapse until 30 days after <br /> receipt by the City, by certified mail, return receipt requested, of written notice from <br /> the issuer of the bond of intent to cancel or not to renew". As improvements are made <br /> the City, within its discretion, may reduce or eliminate the bond amount. These rights <br /> reserved by the City with respect to any construction bond established pursuant to this <br /> section are in addition to all other rights and remedies the City may have under this <br /> Resolution, in law or in equity. <br /> Other Conditions: <br /> (15) That the Applicant obtains a Certificate of Occupancy and a Certificate of Use from <br /> the City upon compliance with all terms and conditions. The Certificate of Occupancy <br /> and Certificate of Use shall be subject to cancellation upon violation of any of the <br /> conditions. <br /> (16) The main entrance to the Acqualina Off-Site Parking garage shall be from the <br /> alley. The secondary garage exit/entry located on Atlantic Boulevard shall be <br /> restricted to emergency entrance/exit use during School Zone operating hours for <br /> Norman S. Edelcup/Sunny Isles Beach K-8, which is 30 minutes before and after the <br /> school's posted times of operation. <br /> NO BUILDING PERMIT SHALL BE ISSUED UNLESS THE APPLICANT HAS <br /> SUBMITTED ALL DOCUMENTS REFERRED TO UNDER THIS RESOLUTION AND <br /> SHALL HAVE PAID ALL IMPACT FEES, BONUSES AND PROFESSIONAL FEES (AS <br /> PER SECTION 267-4 OF THE CODE OF THE CITY OF SUNNY ISLES BEACH) AND <br /> ALL OTHER FEES DUE AND OWING PURSUANT TO THE APPLICABLE LAND <br /> DEVELOPMENT REGULATIONS, AND SHALL HAVE SUBMITTED PAYMENT TO <br /> THE CITY FOR ALL TRANSFER OF DEVELOPMENT RIGHTS, OR SHALL HAVE <br /> OTHERWISE PRODUCED EVIDENCE THAT THE PERMITTED PRIVATE <br /> DEVELOPMENT RIGHTS AS SET FORTH HEREINABOVE HAVE BEEN <br /> TRANSFERRED. <br /> FAILURE BY THE CITY TO TIMELY ENFORCE ANY OF THE ABOVE CONDITIONS <br /> DOES NOT CONSTITUTE A WAIVER OF THE SAME AND IF THE APPLICANT, ITS <br /> SUCCESSORS, OR, ASSIGNS, DOES NOT PERFORM SUCH CONDITIONS WITHIN <br /> FIVE (5) DAYS AFTER WRITTEN NOTICE, THE CITY RETAINS THE RIGHT TO <br /> STOP CONSTRUCTION, IF NECESSARY, UNTIL THAT CONDITION IS MET. BY <br /> ACTING UNDER THIS APPROVAL, APPLICANT HEREBY CONSENTS TO ALL <br /> THESE TERMS AND CONDITIONS. <br /> Section 5. Authorization of City Manager. The City Manager is hereby authorized to do all <br /> things necessary to effectuate this Resolution. <br /> Section 6. Severability. If any section, subsection, sentence, clause, phrase, or portion of this <br /> Resolution is, for any reason, held invalid or unconstitutional by any Court of competent <br /> jurisdiction, such portion shall be deemed a separate, distinct and independent provisions and such <br /> holding shall not affect the validity of the remaining potions of this Resolution. <br /> Section 7. Repealer. All Resolutions or parts of Resolutions in conflict herewith shall be and <br /> are hereby repealed. <br /> 5 <br />