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<br />7. Evidence of Bonuses Performance Prior to the issuance of any certificate of use <br /> <br />and occupancy, the developer must present evidence of performance of the <br /> <br />obligation required to Qualify for of any bonus grant, to wit: as follows: <br /> <br />(a) For bonuses which require monetary payment, the payment shall <br /> <br />be presented by cashier's check payable to the City of Sunny Isles <br /> <br />Beach. <br /> <br />(b) For bonuses which require a executed grant of easement or deed a <br /> <br />fully executed grant of easement or warranty deed shall be <br /> <br />presented in a form acceptable to and with supporting title work as <br /> <br />may be required by the City Attorney. <br /> <br />Sec. 33.222.1.1. Subdivision of hotels and motels. <br /> <br />(a) Definitions. <br /> <br />(1) For the purposes of this section the term "subdivision of a hotel or <br /> <br />motel" shall mean the sale, conveyance, or long-term lease or <br /> <br />sublease (for more than six (6) months) of five percent (5%) <br /> <br />cumulatively, of one or more of the units in a hotel or motel by the <br /> <br />same seller, lessor or sublessor. This definition is not applicable to <br /> <br />the transfer of an entire hotel or motel to the same transferee. <br /> <br />(2) For purposes of this section the term "subdivided property" shall <br /> <br />mean all hotel or motel units and all other components of any <br /> <br />subdivided hotel or motel. <br /> <br />099-63 RU-4A Article XIX Amendment 3/5/99-1112/00 8:16 AM draft. <br />Page 33 of 44 <br />