Resolution Zoning 07-Z-111 - Laserfiche WebLink

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City hereunder shall be maintained in a continuous and satisfactory manner, without expense to the general taxpayers of the City of Sunny Isles Beach. A copy of this Resolution shall be recorded at the expense of the Applicant, the original of the recorded Resolution shall be delivered to the City, and a copy of this Resolution and other recorded documents shall be included in any condominium documents recorded for this project. 10. No building permits shall be issued (except for demolition and sales trailers) unless the Applicant has submitted all documents required under this approval and shall have paid all impact fees, bonuses and Transfer of Development Rights, and all professional fees (as per Chapter 267 of the Code of the City of Sunny Isles Beach) have been paid. 11. That the Applicant has agreed to transfer the ownership of the off-site parking lot, which is located on 185!h Street and Atlantic Avenue in the Golden Shores Neighborhood, to the City for park purposes pursuant to the City's Transfer of Development Rights Ordinance ("TDRs Ordinance"), subject to the terms thereof. Upon approval of the Application, the off-site parking, which is identify by folio No. 31-22020060010, shall be designated as a sender site. As a condition of approval of this application, the Applicant agrees to prepare and file all necessary paperwork to effectuate the transfer of legal title of the off-site parking lot to the City prior to the issuance of building permit for the project commonly known as Fairmont, Turnberry Isle Ocean Resort Hotel and Residences. Upon the transfer of legal title to the City, the City shall deposit at least 8 units and 22,000 square feet of the TDRs into a TDR bank account held by the City on behalf of the Applicant. Notwithstanding any other provision in the City Code, withdrawals of TDRs from the Applicant's account must occur no later than six (6) years from the date the TDRs are deposited in the Applicant's account. If the current Beach Club ceases operation prior to the issuance of a building permit, the Applicant agrees to discontinue the use of the off- site parking lot as a parking lot for any purpose. The Applicant further agrees to maintain the off-site parking lot in good condition prior to the issuance of the permit or transfer of legal title to the City. 12. Pursuant to Section 267-5 of the Code of Sunny Isles Beach, at the time of submission of any application or thereafter, it is required that an escrow account be established, from which withdrawals shall be made to reimburse the City for the cost of professional review services, if any. The Applicant shall then provide funds to the City for deposit into such account in an amount to be determined by the City Manager, based on his/her evaluation of the nature and complexity of the application. The Applicant shall be provided with copies of any City voucher for such services as they are submitted to the City. When the balance in such escrow is reduced to one-third (1/3) of its initial amount, the Applicant shall deposit additional funds into such account to bring its balance up to the amount of the initial deposit. If such account is not replenished within thirty-days (30) after the Applicant is notified, in writing, of the requirements for such additional deposit, the City may suspend its review of the application. An application shall be deemed incomplete if any amount shall be outstanding. A building permit or Certificate of Use and Occupancy shall not be issued unless all professional review fees charged in connection with the Z2007-04 Fairman!, TlIrnbcrry. . Final 5