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<br />, <br /> <br />... <br />~ .'~ <br /> <br />~ ~, <br /> <br />'j <br /> <br />i: <br /> <br />i <br /> <br />Be it further resolved that upon application, the applicant I <br />shall place a deposit with the City. The deposit shall be $3,000.1 <br />Of this amount, $200 shall be considered a non-refundable ad- II <br />ministrative fee. , <br /> <br /> <br />! <br />I <br /> <br />Be it further resolved that the deposit shall be used to <br />pay the City's costs including administrative, legal, planning, <br />fiscal and appraisal expenses. All such expenses shall be the <br />responsibility of the applicant, whether or not the financing <br />is approved. If these expenses exceed the deposit, then the <br />applicant shall be invoiced for the balance with payment in <br />full required before the bond closing. Unexpended portions of <br />the deposit shall be refunded to the applicant upon withdrawal <br />of the application or action of the City Council. <br /> <br />Be it further resolved that the City reserves the right <br />to approve or disapprove applications on a case-by-case basis. <br /> <br />Adopted this 13th day of <br /> <br />May, 1986. <br /> <br />~~, <br /> <br />Robert J. Benke, Mayor <br /> <br /> <br />;: <br /> <br /> <br />": <br />