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<br />(3) Pursuant to Section 267-4 of the Code of Sunny Isles Beach, the City Manager and lor <br />his/her designee in review of any application, may refer any such application presented <br />to it to such engineering, planning, legal, technical, or environmental consultant or <br />professional(s) employed by the City as the Manager shall deem reasonably necessary <br />to enable him/her to review such application as required by law. Charges made by such <br />consultants or professionals shall be in accord with the charges customarily made for <br />such services in Miami Dade County, and pursuant to an existing contractual <br />agreement by and between the City and such consultant. Charges made by the City <br />shall be in accord with the hourly rates charges by such consultants or hourly rates of <br />employed professionals and shall be paid within 30 days on submission of City <br />voucher. <br /> <br />(4) Pursuant to Section 267-5 of the Code of Sunny Isles Beach, at the time of submission <br />of any application or thereafter, it is required that an escrow account be established, <br />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 <br />for deposit into such account in an amount to be determined by the City Manager, <br />based on his/her evaluation of the nature and complexity of the application. The <br />Applicant shall be provided with copies of any City voucher for such services as they <br />are submitted to the City. When the balance in such escrow is reduced to one-third <br />(1/3) of its initial amount, the Applicant shall deposit additional funds into such <br />account to bring its balance up to the amount of the initial deposit. If such account is <br />not replenished within thirty-days (30) after the Applicant is notified, in writing, of the <br />requirements for such additional deposit, the City may suspend its review of the <br />application. An application shall be deemed incomplete if any amount shall be <br />outstanding. A building permit or Certificate of Use and Occupancy shall not be <br />issued unless all professional review fees charged in connection with the applicant's <br />project have been reimbursed to the City. Once all pertinent charges have been paid, <br />the City shall refund to the Applicant any funds remaining on deposit. <br /> <br />(5) That Applicant shall furnish payment and performance bond in an amount determined <br />by the Building Official to ensure Applicant's performance of public improvements <br />required pursuant to site plan approval and in accordance with recommendations of the <br />Building Official after review of construction plans submitted based on development <br />approval granted herein. Any such bond shall be issued by a surety having a minimum <br />rating of A-I in the Best's Key Rating Guide, Property/Casualty Edition, shall be <br />subject to the approval of the City, and shall provide that "this bond may not be <br />cancelled or allowed to lapse until 30 days after receipt by the City, by certified mail, <br />return receipt requested, of written notice from the issuer of the bond of intent to cancel <br />or not to renew". As improvements are made by the City, within its discretion, may <br />reduce or eliminate the bond amount. These rights reserved by the City with respect to <br />any construction bond established pursuant to this section are in addition to all other <br />rights and remedies the City may have under this Resolution, in law or in equity. <br /> <br />(6) That under grounding of utilities shall be accomplished as mandated by Section 250-09 <br />through 250-16 of the Code of the City of Sunny Isles Beach and the City Streetscape <br />Master Plan. If not otherwise funded by the Collins Avenue Streetscape contribution <br /> <br />One Nelanya Center - 323 Sunny Isles Beach Blvd. <br /> <br />4 <br />