(a) All expenses and costs incurred by the city directly associated with processing, reviewing and approving or denying a
application
be paid (or reimbursed) to the city from the funds in a separate escrow account established by the
, as provided in division (b) below. The
draw funds from a
’s escrow account to reimburse the
for out-of-pocket expenses incurred by the city relating to the application. Such reimbursable expenses include, but are not limited to, expenses related to the following:
(1) Services of the City Attorney directly related to the application;
(2) Services of the City Engineer directly related to the application including inspections fees;
(3) Services of other independent contractors working for the city which are directly related to the application; and
(4) Any additional public hearings, required mailings and legal notice requirements necessitated by the application.
(b) At the time a
applies for a
, the
deposit with the City Clerk, as an escrow deposit, an initial amount as determined by resolution of the City Council for such matters and shall provide additional amounts as requested by the
in such increments as are specified in said resolution. Any excess funds remaining in the escrow account after the application has been fully processed, reviewed and the final
denial or approval and acceptance of the development has occurred will be refunded to the
with no interest to be paid on those funds. At no time prior to the city’s final decision on an application shall the balance in the escrow account fall below the required initial amount. If the funds in the account are reduced to less than the required initial amount, the
shall deposit into the account the additional amount needed to restore the account to the required amount before the application review process will be continued. Additional amounts
be required to be placed in the escrow account by the
, at the discretion of the city.
(Ord. 1411-04, passed 12-10-2014)