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Cluster · fee · FY 2022
Escrow deposit for estimated future administrative, legal, engineering, and construction observation costs for Woodhaven.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2022-04-14 — 2022-04-14
Escrow deposit for estimated future administrative, legal, engineering, and construction observation costs for Woodhaven.
The Developer shall establish an escrow account of $20,000 with the City as partial payment of these costs prior to executing this Agreement. If the escrow amount is depleted, the Developer agrees to furnish additional monies as requested by the City.
Reasoning: Explicit escrow requirement for city costs; fee category.