Impact of the proposed development on existing aquifer and/or water utility.
Upon completion of the review, the Chief Financial Officer shall specify whether the escrow amount required by Schedule A is sufficient, excessive or insufficient. In the event the Chief Financial Officer shall determine that the amount is excessive, he/she shall specify the amount that shall be deemed sufficient, including if appropriate, that no escrow be posted. In the event the Chief Financial Officer shall determine the amount specified above is insufficient, he/she shall set the amount required to be posted in light of the criteria specified herein.
Prior to an application being determined complete, the applicant shall post the required escrow amount as set forth in schedule B, or as provided for above, with the Borough Clerk in the form of cash, certified check or money order.
If during the pendency of an application, the amount of the escrow account has been depleted to 20% of the original escrow amount, the Chief Financial Officer shall again evaluate the application, as provided above, and notify the applicant of any additional escrow deposit required. The applicant shall immediately deposit the additional escrow amount with the Borough Clerk and notify the Chief Financial Officer that the required deposit has been made. In the event that it is necessary for a board to take action on an application prior to the additional escrow deposit being made, any approval shall be conditioned upon the escrow deposit being made.
The determination of the Chief Financial Officer shall be subject to review by the Board which will be hearing or which has heard the application. Any such appeal shall be by letter specifying the reasons for the appeal and attaching the Chief Financial Officer's determination. Any such appeal must be taken within 10 days of the receipt of the written determination of the Chief Financial Officer. In the absence of proof to the contrary, receipt shall be presumed three days from the date of the written determination. In the absence of keeping the escrow fund balance current or of taking a timely appeal from the determination of the Chief Financial Officer, the Borough and any of its employees, officers, agents or agencies may refuse to take any action relating to the development which was the subject of the application, including but not necessarily limited to refusal to issue any permits, certificates, approvals or other documents.
Upon request of an applicant, the Chief Financial Officer shall furnish the applicant with a statement of all disbursements made during the development review process.
All bills, invoices or vouchers submitted by professionals or experts relating to an application shall specify the services performed for said application.
Unit charges (i.e. per diem or hourly fees) of the professional or expert shall be in accordance with unit charges contracted for with the appropriate board or with the Borough.
All escrow funds not expended shall be refunded to the applicant within 60 days after the appropriate board has taken final action on an application, or after a withdrawal or dismissal of an application.