Such person, partnership, corporation or public agency shall deposit with the town a sum equal to the city manager’s estimate of the cost of preparation of, and public notices for hearing concerning, any environmental impact report for such project, including time spent by city employees and fees of city engineer, city attorney, or other experts. Prior to paying the deposit, the applicant shall enter into a reimbursement agreement with the town in a form satisfactory to the city manager and city attorney which may provide for installment payments of the costs. Following completion of the proceedings under this chapter, the city manager shall compute the costs of such environmental impact report and of any further services in connection therewith, and shall either return the balance of such deposit or bill such person, partnership, corporation or public agency for any such additional amount that may be determined to be owing. (Ord. 580 § 1, 2009; Ord. 317 Ch. 12(b) § 4, 1973)