Common use of Administration Fee and Deposit Clause in Contracts

Administration Fee and Deposit. Prior to signing the Agreement, the Owner shall pay a non-refundable administration fee and a refundable deposit for such reasonable costs as may be involved to the Municipality in having its Solicitor, Engineer and Staff, perform any work in connection with this Agreement, including the review of the site plan and the preparation, drafting, execution and registration of this Agreement and subsequent administration and enforcement of this Agreement. For the purposes of this Agreement, the administrative fee and refundable deposit shall be established by Council and is specified in the site plan application and/or the Municipality’s fee by-law. The Owner shall replenish the refundable deposit, to its full amount, when the expenses and costs are submitted by the Municipality.