(a) The Town of Fayetteville may hire any consultant or expert necessary to assist the Town of Fayetteville in reviewing and evaluating the application, including the construction and modification of the site, once permitted, and any site inspections.
(b) An applicant shall deposit with the Town of Fayetteville funds sufficient to reimburse the Town of Fayetteville for all reasonable costs of consultant and expert evaluation and consultation to the Town of Fayetteville in connection with the review of any application, including services needed during the construction and modification of the site, once permitted. The initial deposit shall be submitted with the application. The Town of Fayetteville shall maintain a separate escrow account for all such funds. The consultants and experts shall invoice the Town of Fayetteville for services rendered. If at any time during the process, this escrow account has a balance of less than two thousand dollars ($2000.00), the applicant shall immediately, upon notification by the Town of Fayetteville, replenish said escrow account so that it has a balance of at least eight thousand five hundred dollars ($8,500.00). Such additional escrow funds shall be deposited with the Town of Fayetteville before any further action or consideration is taken on the application. If the amount held in escrow by the Town of Fayetteville is more than the amount of the actual invoicing at the conclusion of the project, the remaining balance shall be promptly refunded to the applicant. Consultants and experts shall, upon request, provide copies of all billing to the applicant.
(c) The total amount of the funds needed as set forth in the Subsection b of this Section may vary with the scope and complexity of the project, the completeness of the application and other information as may be needed to complete the necessary review, analysis, and inspection of any construction or modification.
(Passed 7-7-22.)