(A) All fees other than application fees and miscellaneous fees shall be escrow fees to pay the services of any professional personnel employed by the Planning Board, Zoning Board or Township Committee to process, review, inspect, study or make recommendations to such Planning Board, Zoning Board or Township Committee concerning the nature and substance of the applicant's application and/or to pay the services of any such professional personnel and the costs and expenses incurred by such professional personnel and/or the Planning Board, Zoning Board and/or Township Committee to create, amend or modify, including but not limited to the costs and expenses to draft, finalize and publish the official Tax Map and/or Zoning Map of the Township, which creation, amendment and/or modification is necessitated by the approval of the applicant's application.
(B) If during the existence of this escrow account the balance of funds held by the Township shall be insufficient to cover vouchers submitted by the professionals, the applicant shall deposit additional sums with the Township to cover the amount of the deficit and the anticipated amount to cover all remaining work within ten days after receipt of written notice from the Township Finance Office of the amounts owed. In the event that an applicant fails to deposit the additional escrow moneys as required within the time set forth in this division, the Township, through its agents and employees, shall take whatever action deemed necessary in order to compel the payment of the escrow amount. In addition, the professional personnel may take any action individually as they deem necessary to satisfy the vouchers submitted. Notwithstanding the foregoing, any applicant who does not deposit such additional escrow moneys within 30 days after receipt of written notice from the Township Finance Office of the amounts owed shall be charged a late fee equal to 1½% times the amounts owed from the date such sums were due pursuant to such notice until paid in full (including all accrued late fees). No permit, approval or certificate shall be issued to any applicant or property owner by the Planning Board, Zoning Board of Adjustment, Zoning Officer, Township Committee, Township Clerk or any other agency of the township unless all amounts owed pursuant to this section by such applicant or owner or with respect to the subject property are paid in full.
(C) All excess moneys in the escrow account will be returned at the time of final release of maintenance bonds for improvements to the applicant with a statement of money expended against the account. If at any time prior to final approval the applicant elects to withdraw his request for approval and abandon the project, any moneys remaining in the escrow account, after all proper charges have been paid, will be returned to the applicant with a statement of money expended against the account.
('74 Code, § 61-7) (Ord. 440-1989, passed 3-13-89; Am. Ord. 535-1991, passed 2-25-91; Am. Ord. 545-1991, passed 4-22-91)