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be in accord with the charges customarily made for such services in Miami-Dade County, <br /> and pursuant to an existing contractual agreement by and between the City and such <br /> consultant. Charges made by the City shall be in accord with the hourly rates charged by <br /> such consultants or hourly rates of employed professionals and shall be paid within 30 <br /> days on submission of City voucher. <br /> 15. 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 <br /> the cost of professional review services, if any. The Applicant shall then provide funds to <br /> the City for deposit into such account in an amount to be determined by the City <br /> Manager, based on his/her evaluation of the nature and complexity of the application. <br /> The 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 (1/3) <br /> of its initial amount, the applicant shall deposit additional funds into such account to <br /> bring its balance up to the amount of the initial deposit. If such account is not <br /> 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 Certificate of Occupancy shall <br /> not be issued unless all professional review fees charged in connection with the <br /> applicant's project have been reimbursed to the City. Once all pertinent charges have <br /> been paid,the City shall refund to the Applicant any funds remaining on deposit. <br /> 16. The Applicant shall furnish payment and performance bond in an amount determined by <br /> the 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- <br /> 1 in the Best's Key Rating Guide, Property/Casualty Edition, shall be subject to the <br /> approval of the City, and shall provide that"this bond may not be cancelled or allowed to <br /> lapse until 30 days after receipt by the City, by certified mail, return receipt requested, of <br /> written notice from the issuer of the bond of intent to cancel or not to renew". As <br /> improvements are made the City, within its discretion, may reduce or eliminate the bond <br /> amount. These rights reserved by the City with respect to any construction bond <br /> established pursuant to this section are in addition to all other rights and remedies the <br /> City may have under this Resolution, in law or in equity. <br /> C. OTHER CONDITIONS. <br /> 17. That the Applicant obtains a Certificate of Occupancy and a Certificate of Use <br /> from the City upon compliance with all terms and conditions. The Certificate of <br /> Occupancy and Certificate of Use shall be subject to cancellation upon violation of any of <br /> the conditions. <br /> Z2012-17 Atlantic 15—Terra Beachwalk,LLC. 5 <br />