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SUMMARY OF ORDINANCE NO. 42 , THIRD SERIES <br /> ORDINANCE NO. 42 , THIRD SERIES <br /> AN ORDINANCE AMENDING THE ORONO MUNICIPAL CODE <br /> BY ADDING CHAPTER 75 ENTITLED <br /> "REIMBURSEMENT OF DEVELOPMENT COSTS; ESCROWS" <br /> AND AMENDING ORONO MUNICIPAL CODE <br /> SECTIONS 78-42 AND 82-47 REGARDING <br /> ZONING AND SUBDIVISION APPLICATION FEES AND EXPENSES <br /> AND AMENDING ORDINANCE NO. 40, 3� SERIES,THE 2008 FEE SCHEDULE <br /> The following is the official summary of Ordinance No. 42 , Third Series approved by the <br /> City Council of the City of Orono on February 11, 2008. <br /> The Ordinance adds Municipal Code Chapter 75, "Reimbursement of Development Costs; <br /> Escrows". The Ordinance establishes definitions in Section 75-1. Section 75-2 establishes <br /> that property owners and applicants shall reimburse the City for actual costs incurred by the <br /> City in relation to land use applications. Sections 75-3 and 75-4 establish the requirement for <br /> escrow moneys to be deposited with the City for land use applications during the application <br /> and construction phases of a project or land use application. Section 75-5 defines the process <br /> of regular billing to applicants of costs incurred by the City on behalf of their applications. <br /> � Section 75-6 addresses maintenance of escrow fund balances. Section 75-7 provides for <br /> refund to applicants of unexpended escrow balances. Section 75-8 directs'that the City will <br /> not pay interest on escrow balances. Section 75-9 establishes that the City Administrator <br /> shall set rates charged for the services performed by City staff or consultants. <br /> The Ordinance revises Zoning Code Section 78-42, Fees for Zoning Applications, by <br /> deleting text concerning development deposits that is deemed as redundant as a result of the <br /> addition of Chapter 75; and specifically adds a reference to the current City Fee Schedule <br /> with reference to fees. <br /> The Ordinance deletes the entire text of Section 82-47 "Fees and Expenses" and retitles the <br /> Section as "Fees for Subdivision Applications". The ordinance then adds Sections 82-47(a) <br /> through 82-47(d). Section 82-47(a) refers to the current City Fee Schedule, establishes that <br /> application fees shall be payable upon application, limits refundability, and establishes that <br /> City-driven applications shall be exempt from fees. Section 82-47(b) provides that permits <br /> shall not be issued until fixed and additional development fees have been paid. Section 82- <br /> 47(c) requires payment of fixed fees and requires compliance with the provisions of Chapter <br /> 75. <br /> The Ordinance revises the 2008 City fee Schedule by establishing a building permit escrow <br /> amount of $2,500 for new homes, home additions and other new structures, and a $600 <br /> escrow amount for grading, excavation and filling. <br /> Page 1 of 2 <br />