171.20 ESCROWED FUNDS.
   Contract payments escrowed pursuant to Ohio R.C. 153.12 for those who contract with the City of Warren for the construction, reconstruction, improvement, enlargement, alteration, repair, painting or decoration of a public improvement shall, in addition to the other conditions applicable thereto, be held and disbursed subject to the applicable provisions of contract(s) relative to Warren City income taxes. No such retainages shall be released from escrow unless and until the contractor has satisfied all applicable contractual provisions relative to Warren City income taxes.
(Ord. 10895/96. Passed 3-27-96.)