1109.03 DEPOSIT.
   (a)    At the time of filing the application for the approval of any plat, or at the time plans and specifications for any improvement or improvements are submitted to the Planning Commission for approval, there shall be deposited with the Finance Director an amount of money sufficient in the opinion of the Planning Commission to cover the cost and expense of such investigations as may be necessary to determine whether such proposed allotment conforms to the Subdivision Regulations or that 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 City Engineer.
   (b)    The cost and expense of such investigations made by the Planning Commission, City Engineer or his assistants shall be paid from such deposit upon itemized bills rendered by the City Engineer and Planning Commission. In case such expenditures exceed the deposit, the excess shall, upon demand by the Planning Commission, be paid by the owner forthwith into the City Treasury. In case the deposit exceeds such expenditures, the balance will be refunded to the applicant within a reasonable time after the completion of such investigations.
(Ord. 46-1962. Passed 8-17-62.)