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Occupancy would be issued subject to the execution of an escrow agreement and payment thereof. Any <br /> finished work must be completed within six months (weather permitting) from the date of issuance. The <br /> 7"ollowing escrow amounts are hereby established: <br /> a. Driveway - $1,000.00 <br /> b. Exterior Concrete - $1,000.00 <br /> c. As-built Surveys - $1,000.00 <br /> d. Stucco (final coat only) - $1,000.00 <br /> e. Garage Floor- $1,000.00 <br /> f. Landscaping- $2,500.00 (landscaping may be escrowed year-round per City Staff) <br /> g. Other—Determined by City staff at a rate of 125%of the actual improvement costs <br /> Escrow deposits will be charged a$100.00 non-refundable administrative fee. <br /> Escrow deposits can be submitted through one of the following procedures: <br /> a. Escrow can be paid to the City upon execution of an agreement signed by both the payee and the <br /> City. <br /> b. The title company or lending institution can hold the escrow upon execution of an agreement signed <br /> by both the title company or lending institution and the City. <br /> A partial release, of a multi-item escrow,will be charged a$75.00 non-refundable administrative fee. <br /> ..../GHT-OF-WAY MANAGEMENT <br /> Excavation Permit Fees <br /> Hole(includes administration,plan review, $ 125.00 <br /> inspection,testing and mapping) <br /> Trench(includes administration,plan review, $ 70.00 /100 Lineal Feet plus Hole Fee <br /> inspection,testing&mapping) <br /> Obstruction Permit Fee <br /> Includes administration,recording,review& $ 50.00 Plus$0.50/Lineal Foot <br /> inspection <br /> Permit Extension Fee <br /> Includes administration,recording&review $ 55.00 <br /> Delay Penalty <br /> For up to three days of non-completion and non- $ 60.00 <br /> prior notice before specified date. After three days <br /> an additional charge of$10.00 per day will be <br /> levied. <br /> Degradation Fee <br /> Degradation Fee Formula: <br /> This formula covers degradation for depreciation caused by intrusion into the right-of- <br /> way. The depreciation applies to the original surface of the right-of-way and to the <br />