Common use of Deposit Reduction Clause in Contracts

Deposit Reduction. As the project advances, the Applicant may request a reduction in the deposit amount on file with the Town. Any reduction of the deposit amount shall be in the sole discretion of the Town Council and must be approved by a resolution of the Town Council.

Appears in 2 contracts

Samples: Agreement for Payment of Land Use Application Review Expenses, Agreement for Payment of Land Use Application Review Expenses

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Deposit Reduction. As the project advances, the Applicant may request a reduction in the deposit amount on file with Deposit held by the Town. Any reduction of the deposit amount Deposit shall be in the sole discretion of the Town Council and must be approved by a resolution of the Town CouncilTown.

Appears in 2 contracts

Samples: Agreement for Payment of Land Use Application Review Expenses, Agreement for Payment of Land Use Application Review Expenses

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