Any person developing land regulated by this title shall pay fees for the processing and handling of applications as established by the town council and updated from time to time. At the town's discretion, outside professional assistance, including but not limited to engineering, planning and legal services, may be utilized to review and administer development permit applications, the cost of which will be borne by the applicant, if the costs are over and beyond the application fee. When the town determines that these outside professional assistance costs will exceed the application fees, it shall notify the applicant in the letter of complete application that additional professional assistance fees are likely. The applicant shall place a deposit with the town, in an amount determined appropriate by the town, but not less than $2,000, prior to any necessary public hearing being scheduled. The town will draw on this deposit when costs accrued exceed the application fee, and at no time shall the balance of the deposit be less than $1,000. If the balance is less than the minimum balance the applicant shall reimburse the account to the minimum balance within 30 days of notice given by the town, or the processing of the permit shall cease until such time as the required deposit is received from the applicant. Upon receiving preliminary approval from the town, the deposit account shall be increased, where necessary, to reach an amount that is equal to five percent of the total estimated construction costs as approved by the town engineer, the balance of which shall not drop below $2,000. Final approval of a development permit application shall not be considered where there are outstanding fees and costs remaining to be paid by the applicant. Upon final approval, the town shall return any remaining deposit to the applicant.
(Ord. 612 § 1, 2001)