When would an Escrow fee be required?

An escrow fee would be required with a building permit that is associated with the exterior of the house. For projects with a valuation of over $100,000 an escrow fee of $15,000 would be required at the time of permitting. For projects that require a Certificate of Appropriateness and have a building permit valuation under $100,000 an escrow fee of $3,000 would be required. The City would be able to draw on the cash escrow to keep the structures weather tight and protected. Once the building permit has been closed out and the work is completed per the approved building permit and plans approved with approved with a Certificate of Appropriateness, the escrow fee would be returned.

This is for all Landmark Properties and all properties located within a Landmark District (Country Club District).