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SECTION 6: Section 910.07(1)(b) of the Concurrency Management <br />System chapter of the land development regulations is hereby <br />amended to read as follows: <br />"(b) Initial- Development Order <br />These are development orders which constitute project approval <br />and allow for submission of building permit applications or <br />commencement of development in relation to land development <br />permits; however, initial development orders do not authorize <br />issuance of building permits for construction or changes of <br />use which require a new CO (Certificate of Occupancy). No <br />initial development order will be issued unless <br />• • • one <br />of the following three items is satisfied: <br />1. Approval may be granted if the applicant has obtained an <br />initial concurrency certificate for a prosect or the <br />portion of a project for which initial development order <br />approval is sought. <br />2. Conditional approval may be granted for a site plan <br />TP—Plication if the applicant has applied for an initial <br />concurrency certificate, and concurrency reviews indicate <br />that there is sufficient capacity to accommodate the <br />project, and the only pending requirement for issuance of <br />an initial concurrency certificate is the payment of <br />applicable traffic and utility impact fees. Approval <br />shall be subject to a condition that all applicable <br />traffic and utility impact fees associated with the <br />prosect approval shall be paid within 90 days of site <br />plan approval or prior to site plan release, whichever <br />occurs first. Failure to pay the applicable traffic and <br />utility impact fees by the deadline shall automatically <br />terminate site plan approval and shall release traffic <br />and utilities capacity reserved for the project or the <br />portion of a project for which initial development order <br />approval is sought. <br />3. The applicant signs a form, provided by the county, in <br />which the applicant acknowledges that no building permit <br />will be issued for all or any portion of the project <br />unless and until the applicant or the applicant's <br />successor obtains an initial and final concurrency <br />certificate for the project or portion of the proiect for <br />which a building permit is sought. Furthermore, the <br />applicant shall acknowledge that the county does not <br />guarantee that adequate capacity will exist at the time <br />when the applicant or the applicant's successor chooses <br />to apply for and obtain a concurrency certificate. For <br />site plan projects, the above referenced acknowledgement <br />form shall be properly executed and recorded in the <br />Indian River County public records by the applicant prior <br />to site plan release. For subdivision projects, the <br />above referenced acknowledgement shall be signed before <br />a land development permit or land development permit <br />waiver is issued, and further incorporated as a general <br />note on the face of the final plat. <br />7 <br />SEP 2 9 1992 BOOK 87 PAGE 726 <br />