Town of Marlborough Escrow Policy
Regarding:
Establishment of escrow deposit for review fees
Purpose:
To provide for a deposit escrow account for fees ordinarily charged during this review process conducted by appropriate Boards of the Town of Marlborough. This action does not increase the cost incurred by an applicant but simply requires deposits in advance for requested reviews.
Pursuant to motion by the town of marlborough planning board at their monthly meeting of september 08, 2003 the following deposits are required.
- RESIDENTIAL SUB/DIVISION:
Minimum deposit of $500.00 plus $150.00 per lot for the first 4 lots and $75.00 per lot for each additional lot. - LOT LINE REVISION:
Minimum deposit of $300.00 and up to $600.00 maximum at the discretion of the appropriate Board. - MULTI-FAMILY SITE PLAN:
$100.00 per unit for the first forty units and $25.00 per unit for each additional unit. - COMMERCIAL SUB/DIVISION:
$400.00 per lot for the first four lots and $200.00 per lot for each additional lot. - ALL OTHER SITE PLANS:
$750.00 minimum and up to $2000.00 maximum at the discretion of the appropriate Board. - TOWN CONSULTANT ESCROW:
$300.00 for residential $500.00 for all other applications (including commercial)