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The application processing fees cover anticipated costs; costs incurred above the application fee will <br />be invoiced as they are incurred, and payment will be due within thirty (30) days. Application fees <br />are not refundable, though any unused portion is returned at the request of the applicant. If <br />payment is not received as required by this agreement, the City may suspend the application review <br />process and may deny the application for failure to comply with the requirements for processing the <br />application. Payment for costs will be required whether the application is granted or denied. <br /> <br />The undersigned has received the City’s policy regarding the payment of costs of review, <br />understands that reimbursement to the City of costs incurred in reviewing the application will be <br />required, agrees to reimburse the City as required in the policy and make payment when billed by the <br />City, and agrees that the application may be denied for failure to reimburse the City for costs as <br />provided in the policy. <br /> <br />AGREEMENT <br />I / We certify that all information provided in this application is true and correct to the best of <br />my/our knowledge. I / We authorize the city of Elk River and the Finance Committee to check <br />credit references and verify financial and other information. I / We agree to provide any additional <br />information as may be requested by the city and the Finance Committee. <br /> <br />The undersigned has received the city’s policy regarding the payment of costs of review, understands <br />that reimbursement to the city of costs incurred in reviewing the application will be required, agrees <br />to reimburse the city as required in the policy and make payment when billed by the city, and agrees <br />that the application may be denied for failure to reimburse the city for costs as provided in the <br />policy. <br /> <br /> <br />APPLICANT SIGNATURE <br /> <br />BY <br /> <br />DATE <br /> <br />8 EDA & City Council Approved April 17, 2017 <br /> <br />