A separate account known as the tree replacement fund shall be created. The developer/owner shall deposit with the village, to be held in escrow, an amount equal to two hundred fifty dollars ($250.00) per replacement tree. Said amount shall be held in escrow in a noninterest bearing account for twenty four (24) months from the time of planting to assure the replacement trees live two (2) years and shall be used solely to replace nonsurviving trees, if any. (Ord. 05-12-27, 12-19-2005)