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<br />rates of employed professionals and shall be paid within 30 days on submission of City <br />voucher. <br /> <br />24. At the time of submission of any application or thereafter, it is required that an escrow <br />account be established, from which withdrawals shall be made to reimburse the City for the <br />cost of professional review services, if any. The Applicant shall then provide funds to the <br />City 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 Applicant <br />shall be provided with copies of any City voucher for such services as they are submitted to <br />the City. When the balance in such escrow is reduced to one-third (1/3) of its initial <br />amount, the applicant shall deposit additional funds into such account to bring its balance up <br />to the amount of the initial deposit. If such account is not replenished within thirty-days <br />(30) after the applicant is notified, in writing, of the requirements for such additional <br />deposit, the City may suspend its review of the application. An application shall be deemed <br />incomplete if any amount shall be outstanding. A building permit or Certificate of Use and <br />Certificate of Occupancy shall not be issued unless all professional review fees charged in <br />connection with the applicant's project have been reimbursed to the City. Once all pertinent <br />charges have been paid, the City shall refund to the Applicant any funds remaining on <br />deposit. <br /> <br />25. The Applicant shall furnish payment and performance bond in an amount determined by the <br />Building Official to ensure Applicant's performance of public improvements required <br />pursuant to site plan approval and in accordance with recommendations of the Building <br />Official after review of construction plans submitted based on development approval <br />granted herein. Any such bond shall be issued by a surety having a minimum rating of A-I <br />in the Best's Key Rating Guide, Property/Casualty Edition, shall bc subject to the approval <br />of the City, and shall provide that "this bond may not be cancelled or allowed to lapse until <br />30 days after rcceipt by the City, by certificd mail, retum receipt requested, of written <br />notice from the issuer of the bond of intent to cancel or not to renew". As improvements are <br />made 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 /> <br />26. That the Applicant shall install decorative sidewalks in front of the Project facing Collins <br />Avenue, in conformity with the City's decorative sidewalks on the west side of Collins <br />Avenue. The Applicant shall be required to apply for and receive approval from the City <br />prior to installing the decorative sidewalk area. <br /> <br />C. OTHER CONDITIONS <br /> <br />27. That the Applicant obtains a Certificate of Occupancy and a Certificate of Use from the City <br />upon compliance with all terms and conditions. The Certificate of Occupancy and <br />Certificate of Use shall be subject to cancellation upon violation of any of the conditions. <br /> <br />12-Z--- ]7475 Collins Avenue <br /> <br />7 <br />