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RESOLUTION N0. 92- 13 <br />b. Commercial Outparcels and Residential Development Site(s) <br />1. Development of the residential site(s) and the commercial <br />outparcels (as referenced in the ADA) which are located <br />entirely within the area described in Exhibit "A-2" may <br />commence and proceed once all necessary development plan <br />approvals and permits are obtained. <br />2. No site plan(s) shall be released and no building permit <br />shall be issued for the development of the commercial <br />outparcels (as referenced in the ADA) which are located <br />outside of the area described in Exhibit "A-2" until the <br />developer completes (as determined by the county building <br />department) at least fifty percent (508) of the <br />structural foundation elements (at, above, and below <br />grade) necessary for the construction at least three <br />hundred twenty thousand (320,000) square feet of regional <br />commercial facility (mall) gross building area. <br />C. Regional Commercial Facility (Mall) <br />1. In the event the developer fails to commence significant <br />Physical development of at least three hundred twenty <br />thousand (320,000) square feet of regional commercial <br />facility (mall) gross building area, on or before <br />December 31, 1993, development approval shall terminate <br />and the development shall be subject to further <br />development -of -regional -impact review by the Treasure <br />Coast Regional Planning Council and Indian River County <br />pursuant to Section 380.06, Florida Statutes. The <br />developer shall notify in writing the Treasure Coast <br />Regional Planning Council and Indian River County of the <br />date significant physical development has commenced, and <br />shall specifically identify by reference to an approved <br />site plan the building(s) and area(s) within the initial <br />mall construction phase. For the purposes of this <br />paragraph, significant physical development shall be <br />deemed to have commenced after placement of permanent <br />evidence of a structure (other than a mobile home) on the <br />subject site(s), such as the pouring of slabs or footings <br />or any work beyond the stage of excavation, land <br />clearing, or earthwork. <br />2. The developer shall complete (as determined by the county <br />building department) all structural foundation elements <br />(at, above, or below grade) for at least three hundred <br />twenty thousand (320,000) square feet of regional <br />commercial facility (mall) gross building area, within <br />Coding: Words in ® type are deletions from existing law. <br />Words underlined are additions. 2 <br />