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After the informal review by the city council and staff, the applicant is responsible for a completed application as set forth below. Proposals shall include a description of all direct and indirect service and improvement costs to the City, School District and County caused by this project. The City reserves the right to select a third party to assist in the analysis andlor management of the tax subsidy process. The City Council will designate the TIF consultants. The City reserves the right to employ legal, accounting, appraisal, financial, engineering architectural, and other consultants to review the proposed project and its financing. The applicant shall pay the cost of such city consultants, whether or not the project is constructed. The applicant must hold harmless the City, its officers, employees, consultants and agents for any alleged or actual violation of any securities laws, state or federal, in connection with the issuance of bonds or notes for the project. The City may require a bond or appropriate insurance to assure this "hold harmless" provision. Before any City consideration can be given to a formal application, proposals investigated, or consultant's time expended, a z�on-reft�ndable cash payment in the amount of $5,000 shall be paid to the City to be used for administrative and consulting costs; any balance of such deposit will be refunded after all costs are paid. The $5,000 fee shall be paid to the City at the time the application and supporting data is filed. To the e�tent permitted by law, the City will allow the applicant to use these costs as eligible proj ect costs for financing purposes. Prior to final approval of the tax subsidy, the City Finance Director shall certify any additional costs not covered by the administrative or application fees, which shall be paid to the City prior to final approvals by the City. No construction shall be done prior to final approval of the tax increment subsidy plan. The undersigned applicant understands the approval or disapproval by the City of Roseville for tax incrementfmancing does not expressly or implicitly constitute any approval, variance or waiver of any provision or requirement relating to any zoning, building or other rule or ordinance of the City of Roseville, or any other law applicable to the property included in this project. The City reserves the right to deny any application for financing at any stage of the tax increment review or hearings prior to the adoption of the final approval authorizing the issuance of the loan. 3