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Cluster · fee · no year
Escrow account required from developer for estimated future administrative, legal, and engineering fees.
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
2021-01-12 — 2021-01-12
Escrow account required from developer for estimated future administrative, legal, and engineering fees.
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.