The amount of the escrow contribution shall be based upon area of the detention basin on an acreage basis, which shall include the plan area at the top of the bank plus an additional twenty-five (25) feet at the top of the bank encircling the basin. The amount of the escrow contribution shall be calculated according to the following formula:
Nine thousand ($9,000) dollars per acre of area of basin, plus twenty-five thousand ($25,000) dollars per basin for repairs and major maintenance.
The total of the above shall be multiplied by a factor of one and one-tenth (1.1) to cover the cost of the first year of maintenance.
The minimum contribution, regardless of the size of the basin, shall be thirty-five thousand ($35,000) dollars.