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Escrow Information
In addition to the building permit fee, a
separate check for a refundable deposit is required in the amounts
below. These funds are held in escrow by the City as assurance for
completion of the project, compliance with the building and zoning
codes, compliance with all storm water and land disturbance ordinances, compliance with the approved site plans, and repair of damage to public property.
Escrow Deposits - Residential
Type of Work Being Done | Amount |
---|---|
Single Family Residence | $5,000 |
Room Addition / Garage Addition | $2,000 |
Swimming Pool | $3,000 |
Basement Finish / Interior Remodel ($5,000 or more) | $500 |
Retaining Wall / Deck ($5000 or more) | $500 |
All Projects Less Than $5,000* |
Escrow Deposits - Commercial
Type of Work Being Done | Amount |
---|---|
Commercial project with a construction valuation of equal or more than $125,000 |
2% of the construction valuation not to exceed $10,000 |
Commercial project with a construction valuation of equal or more than $10,000 but less than $125,000 |
$2,500 |
Commercial project with a construction valuation of less than $10,000 |
$500 |
Escrow Deposits - Demolition
Type of Work Being Done | Amount |
---|---|
Site Improvement | Dependent on Cost of Construction |
Moving of Building | $500 |
Escrow Deposits - Excavation
Type of Work Being Done | Amount |
---|---|
Driveway | $500 |
Greater than 3 feet from Road on Private Property | $50 |
Under Road or Close to Edge of Road on Private Property | $1,000 |
Utility Company Infrastructure Repairs |
Escrow Deposit Refunds
Escrow deposits are automatically refunded after the final inspection has been made and approved by the building inspector. There is no need for the contractor to call to request the refund, which are made twice a month.
For additional escrow information, please contact the Building Department at (314) 872-2500.