PRINT ORDINANCE FROM ATTACHMENTS DUE TO FORMATTING ISSUES
Title
AN ORDINANCE AMENDING TITLE 1, CHAPTER 18 OF THE ORLAND PARK VILLAGE CODE IN REGARD ESTABLISHING ESCROWS FOR DEVELOPMENT REVIEW PROFESSIONAL FEES AND COSTS
B
WHEREAS, the Village President and Board of Trustees of the Village of Orland Park (the “Village”) have the authority to adopt ordinances and to promulgate rules and regulations that pertain to its government and affairs and protect the public health, safety, and welfare of its citizens; and
WHEREAS, pursuant to 65 ILCS 5/1-2-1, the Village may pass all ordinances and make all rules and regulations proper or necessary, to carry into effect the powers granted to municipalities; and
WHEREAS, the Village deems it to be in the best interest of the public to revise its guidelines regarding escrow accounts from which to reimburse the Village for professional fees and costs incurred for land development review services.
NOW, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Orland Park, Cook and Will Counties, Illinois, and pursuant to its home rule powers, as follows:
SECTION 1:
The above recitals are incorporated herein by reference as though fully set forth herein.
SECTION 2:
Title 1, Chapter 18, of the Orland Park Village Code is amended by revising Section
1-18-5-3, as follows (deletions marked by strikethrough, new text marked with bold and underlining):
“SECTION 1-18-5: ESCROW FOR DEVELOPMENT REVIEW PROFESSIONAL FEES AND COSTS.
. . .
1-18-5-3: ESCROW AND REIMBURSEMENT:
For the purpose of this Section, the person applying or petitioning for land development review as described in Subsection 1-18-5-2 herein, shall deposit in an escrow established with the Village the following amounts for the described review:
Such deposit shall be made prior to fees or costs being incurred by the Village. No land development plan review services shall be undertaken until the required escrow deposit has been made. The fees and costs incurred by the Village for the land development review services shall be paid from the escrow so established. The escrow deposit shall be made at the time of submittal of the application or petition and the applicant/petitioner shall replenish the escrow in order to maintain a minimum balance of $1,000.00 (except for the special use application/petition referenced in (b) above) the above table at all times. No land development plan review services shall be undertaken until the required escrow deposit has been made.
In order to assure sufficient funds are on deposit in the escrow to pay fees and costs invoiced to the Village after final Village Board approval, a minimum escrow balance of $3,000.00 as listed in the above table shall be maintained by the applicant/petitioner prior to the matter being scheduled for final Village Board approval.”
SECTION 3:
This Ordinance shall be in full force and effect from and after its adoption and publication in pamphlet form as provided by law.