At the time the plans and specifications for any improvements are submitted to the Engineer for approval, there shall be a fee submitted with the Finance Department, an amount of money which is sufficient in the opinion of the Engineer, and not less than three percent (3%) of the estimated cost of all improvements to be installed to cover the cost and expense of such investigation as may be necessary to determine whether such proposed subdivision conforms to these Regulations and whether its improvements have been made or are being installed in accordance with the requirements of these Regulations and the plans and specifications approved by the Engineer as being in accordance with the design standards. The cost and expense of such investigation, made by the Engineer, shall be paid from such fee. In case of such expenditures exceeding the proposed fee, the Engineer shall provide an itemized bill indicating the expenditures and providing a reason why the additional funds are required the excess shall upon demand be paid forthwith into the Municipal Treasury.
(Ord. 2023-09-27. Passed 12-6-23.)