A. Escrow Required: Any person, corporation or partnership which desires to annex property to, disconnect property from, rezone property within, request a special use from, request a variance from or request approval of a subdivision from the village of Fox Lake must post with the village a cash escrow sufficient in size as determined by the village administrator, to cover any and all village attorney fees, engineering fees, village planning fees and other outside consulting fees necessitated by the requested action. As funds from said escrow are used to pay the covered fees and when the balance of the deposit is less than one thousand dollars ($1,000.00), the escrowee must reestablish the initial escrow amount as billed monthly by the village, in order for the village to continue with consideration of the requested action. The petitioner and owner of the affected property shall be jointly liable for payment of the deposit and any necessary reimbursement. (Ord. 2015-02, 1-13-2015; amd. Ord. 2017-02, 1-10-2017)
B. Administrative Fees: Whenever any escrow is established pursuant to subsection A of this section, the village shall be entitled to deduct from the escrow the sum of ten percent (10%) of any sums paid out by the village from said escrow as an administrative fee for the handling of said funds. The petitioner and owner of the affected property shall sign a reimbursement of fees agreement on forms provided by the village prior to any action being taken.
C. Supplemental Effect: The requirements of this section shall be supplemental to any and all other fees and charges to be paid by the entity making the request. (Ord. 2015-02, 1-13-2015)