The escrowed funds as deposited shall be disbursed solely for the purpose of reimbursing the Village for land development plan review fees and costs incurred and shall be approved by the Village Board, and a copy of each disbursement, including a copy or copies of the invoice(s) evidencing the basis for such disbursement shall be transmitted by the Finance Director to the person having filed the application or petition. The Finance Director shall notify the professionals who the Village anticipates will be retained or otherwise utilized to review the submitted plans and request that those professionals invoice the Village no less frequently than monthly and otherwise keep the Village apprised of the time, fees and costs expended in the plan review services.
(Ord. 5578, 1-4-21)