[HISTORY: Adopted by the Council of the City of Perth Amboy Art I, 10-18-88 as Ord. No. 466-88. Amendments noted where applicable.]
The City of Perth Amboy authorizes the Planning Board of the City of Perth Amboy to adopt resolutions, rules and regulations pertaining to the deposit, by an applicant, for development and for municipal inspection fees, in accordance with N.J.S.A. 40:55D-53, to execute escrow agreements with said applicants with regard to the deposit of the escrow money in an escrow account and providing for the payment of interest thereon when required.