In the event that a proposed development within the Borough
requires review by a Borough professional, including but not limited
to engineers, architects and/or attorneys, to ensure compliance with
federal, state or local law or regulation, the Borough may require
a deposit to be paid by the developer in advance of directing professional
review; such deposit shall be in an amount set by resolution of Borough
Council; any deposit shall be held by the Borough in escrow; no interest
upon escrowed fees shall be payable to the developer.
Professional fees incurred by the Borough in connection with
the necessary review shall be charged against the deposit.
In the event that the amount of the initial deposit is not sufficient
to cover review, the developer shall remit such additional deposit
as may be required to complete review.
Any portion of the deposit that remains unused at the conclusion
of the project shall be returned to the developer.
In the event that any part of this chapter is determined to
be unenforceable, the remaining provisions of this chapter shall continue
in full force and effect.
Prior ordinances inconsistent herewith are hereby repealed.
This chapter shall be effective upon its enactment.