All escrow funds shall be utilized by the appropriate
board to pay the cost of any professional fees incurred by the Board
for review and/or testimony. The term "professional", as used herein,
shall include the services of a duly licensed engineer, surveyor,
planner, attorney, appraiser or other expert who would provide professional
services to insure that an application complies with the standards
set forth in Borough ordinances and experts whose testimony may be
solicited to give further information to the approving board in any
area addressed by any of the applicant's experts.
The following closeout procedure shall apply
to all deposits and escrow accounts established under the provisions
of P.L. 1975, c. 291 (N.J.S.A. 40:55D-1 et seq.) and shall commence
after the approving authority has granted final approval and signed
the subdivision plat or site plan, in the case of application review
escrows and deposits, or after the improvements have been approved
as provided in Section 41 of P.L. 1975, c. 291 (N.J.S.A. 40:55D-53),
in the case of improvement inspection escrows and deposits.
A. The applicant shall send written notice by certified
mail to the Chief Financial Officer of the municipality and the approving
authority, and to the relevant municipal professional, that the application
or the improvements, as the case may be, are completed.
B. After receipt of such notice, the professional shall
render a final bill to the Chief Financial Officer of the municipality
within 30 days, and shall send a copy simultaneously to the applicant.
C. The Chief Financial Officer of the municipality shall
render a written final accounting to the applicant on the uses to
which the deposit was put within 45 days of receipt of the final bill.
Any balances remaining in the deposit or escrow account, including
interest in accordance with Section 1 of P.L. 1985, c. 315 (N.J.S.A.
40:55D-53.1), shall be refunded to the developer along with the final
accounting.
D. To facilitate the release of escrow, applicants are
requested to submit a signed escrow release voucher with the development
application.
No professional personnel submitting bills to
the Borough under this article shall charge for any of the services
referred to therein at any higher rate or in any different manner
from that which would normally be charged to the municipality for
similar work. Payment of any bill rendered by a professional to the
municipality with respect to any service for which the municipality
is entitled to reimbursement shall in no way be contingent upon receipt
of reimbursement by the applicant, nor shall any payment for service
be delayed pending reimbursement of the Borough by an applicant.
Inspection fees shall be charged only for actual
work shown on a subdivision or site plan or required by an approving
resolution. Professionals inspecting improvements under construction
shall charge only for inspections that are reasonably necessary to
check the progress and quality of the work, and such inspections shall
be reasonable based on the approved development plans and documents.