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<br />10. That the City of Sunny Isles Beach agrees to provide a credit to LPLA Partners, LP in the <br />amount of $150,750 pursuant to the Declaration of Restrictive Covenants required by <br />Resolution No. 98 - Z -17, adopted on August 13, 1998. This credit shall be applied <br />against the total contribution of the FAR bonuses as outlined in condition 18. <br /> <br />11. That the Applicant submits evidence of purchase of the required 25,000 square feet and 9 <br />units of Transfer Development Rights (TDRs) subject to the Site Plan Approval. That the <br />Applicant provides the City with a non-refundable deposit in the amount of ten percent <br />(10%) of the approved purchased price of $1,625,000 for the Transfer Development <br />Rights (TDRs) purchased from the City Bank. The total amount of the deposit is <br />$162,500. Failure to pay the required deposit within the three (3) working days of <br />approval of the Transfer Development Rights (TDRs) application and site plan <br />application shall result in an automatic voiding of the City Commission approval of the <br />Receiving Site, transfer of Transfer Development Rights (TDRs), and site plan approval. <br /> <br />12. That in the event of multiple ownership, a homeowner's association be established in <br />accordance with applicable regulations to assure that all common areas and facilities for <br />the residents, as well as all easements dedicated to the City, shall be maintained in <br />continuous and satisfactory manner and without expense to the general taxpayers of the <br />City of Sunny Isles Beach. <br /> <br />13. That the Applicant comply with all conditions and permit requirements, including but not <br />limited to Miami-Dade County, including environmental conditions and permitting, the <br />Fire and Water and Sewer Departments, Florida Department of Environmental Protection <br />(DEP) and Florida Department of Transportation (FDOT). <br /> <br />-j <br /> <br />14. No building permits shall be issued (except for demolition and sales trailers) unless the <br />Applicant has submitted all documents referred to under this approval and shall have paid <br />all impact fees, bonuses, and Transfer of Development Rights (if applicable), professional <br />fees (as per Ordinance 2001-132 and such other applicable Land Development <br />Regulations) due to the City. <br /> <br />15. That Applicant shall obtain concurrency review approval from Miami-Dade County <br />School Board. <br /> <br />16. That Applicant shall install a shower with a foot shower at the Acqualina Beach access <br />within thirty (30) days of issuance of this Resolution by the City Clerk. <br /> <br />B. CONDITIONS TO BE COMPLETED BEFORE ANY CERTIFICATE OF <br />OCCUPANCY IS ISSUED. <br /> <br />1. That the Applicant shall underground all utility lines in front of the existing Acqualina <br />condominium complex at the time of underground utility lines for the Project. The <br />Applicant shall also install decorative sidewalk pavers consistent with decorative sidewalk <br />pavers installed by the City on the west side of Collins A venue. The decorative sidewalks <br />shall be installed from the northern boundary of 178 Street to the southern boundary of the <br /> <br />11.2. 17749 Collins Avenue <br /> <br />4 <br />