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City Council Regular Meeting - 02/13/06 Minutes - Page 13 Redeveloper shall deposit the not-to-exceed amount of $10,000 into an escrow account before any service fee payments are made to Consultant. All payments to Consultant for services under this Agreement shall be made from the Redeveloper escrow account, not from City funds." OR Insert (for Agreement for managing new grants): "The Redeveloper is responsible for payment of all Consultant service fees under this Agreement. The Redeveloper shall deposit the not-to-exceed amount of $10,000 into an escrow account before any service fee payments are made to Consultant for services rendered in each grant application agreement cycle. All payments to Consultant for services under this Agreement shall be made from the Redeveloper escrow account, not from City funds." Discussion included an explanation of an escrow account; City Attorney Anderson's pending review of and potential disallowance for potential escrow account language in relationship to the existing June 20, 2005 development agreement between the developer and City; and staff s attempts for transparency in current agreement language and payment processes. Councilmember Ihlan responded to City Attorney Anderson's legal comments, opining that the developer should be amenable to being part of this agreement and putting money in escrow. Councilmember Ihlan expressed her concern regarding her status as a public official signing off that the developer was making payments in full; and further opined that an escrow account would allow for more transparency. Mayor Klausing concurred with City Attorney Anderson's legal opinion and its relevancy to the contract currently before the City Council. At the request of Councilmember Kough, City Attorney Anderson clarified the existing June 20, 2005 agreement