Resolution Zoning 13-Z-136 - Laserfiche WebLink

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detail, the bonus formula is the lot size (acres), times the participation units, times the price tag of the participation unit. for this case is as follows: 2.487 (acres) x 36 (participation units) x $72.000 (price tag) = $ 6,446.304.00 The total contribution for all Floor Area Ratio bonuses for the development is $6,446,304.00 for a total increase in floor area ratio of 2.1 for a floor area ratio of 4.6. The Applicant shall provide the City with a non-refundable deposit in the amount of ten percent (10%) of the approved purchased price of $6,446,304.00 for the FAR bonuses acquired from the City. The total amount of the deposit is $644.630.00. Failure to pay the required deposit within the three (3) working days of approval of the site plan application shall result in an automatic voiding of the City Commission site plan approval. (*) This is a non-cash bonus under the City Code. The Applicant will be providing Beach Access and Oceanfront Park Easements. 15. The Applicant shall pay all fees related to the review of the application described herein and shall have paid all other fees due to the City. 16. If approved. the Applicant must submit a separate building permit prior any installation of murals or graphics on temporary construction fencing to be approved administratively by the City Manager or designee. 17. That the Applicant shall provide the City with a mitigation contribution of $25.000 for cultural and/or park purposes to mitigate the proposed median cut. The Applicant shall relocate the existing trees to an area designated by the City Manager. The $25,000 payment shall be made within fifteen (15) days of approval. B. CONDITIONS TO BE COMPLETED BEFORE ANY CERTIFICATE OF OCCUPANCY IS ISSUED. 18. That the Applicant shall underground all utility lines in front of the proposed project condominium complex, if applicable. The Applicant shall also install decorative sidewalk pavers consistent with decorative sidewalk pavers installed by the City on the west side of Collins Avenue. The decorative sidewalks shall be installed from the northern boundary of the Jade Ocean Condominium (17121 Collins Avenue) property to the southern boundary of the Sands Point Condominium (16711 Collins Avenue). Prior to installation of the decorative pavers, the Applicant shall seek the approval of the City Manager or his designee. 19. Under Section 267-4 of the City Code, the City Manager and/or his designee in review of any application. may refer any such application presented to it to such engineering. planning. legal. technical, or environmental consultant or professional(s) employed by the City as the City Manager shall deem reasonably necessary to enable him to review such application as required by law. Charges made by such consultants or professionals shall be in accord with the charges customarily made for such services in Miami-Dade County, 13-Z- 16875 & 16901Collins Ave. 6