(a) For purposes of administering this chapter, the Village may require an escrow of monies with the Village in an amount reasonably estimated to be required to cover the anticipated costs and expenses to be incurred in the review. Payments from such escrow shall be based upon a written billing of other written accounting for the review undertaken, and such written documentation shall be maintained for inspection by the person providing the funds.
(b) If it is determined that the amount in escrow is or will be inadequate to cover all of the review costs and expenses, the Village may require supplemental monies to be placed in escrow for completion of the review.
(c) To the extent an escrow exceeds the actual cost and expense of the review, as ultimately determined, the excess shall be returned to the person who posted the escrow.
(Ord. 96-129. Passed 7-8-96.)