Bannockburn, IL · Lake County
Permit Security Deposit Agreement
Owners and applicants sign this agreement to cover Village costs related to reviewing, inspecting, and processing a permit application.
What this form is
This agreement sets out how the Village may use a security deposit for professional services and related costs connected with an application or permit. It lists deposit amounts for projects under $5,000 and other projects, and explains additional deposits, liability, and final accounting. The agreement takes effect when the required deposit is paid and the Building Permit Application is executed.
Who needs it
Owners and applicants involved in a permit application sign the agreement and provide deposit and refund-recipient details when applicable.
How to submit it
Submit it to the city department named on the form; check the city website for current contact details. The agreement takes effect upon payment of the required deposit and execution of the Building Permit Application.
About notarization
This document is signed and dated without a notary; it mentions no notarized or sworn attachment, so the signer just signs and dates it.
How to submit this form
- 1
Download The Agreement
Download the Permit Security Deposit Agreement PDF.
- 2
Complete The Agreement
Enter the deposit amount and permit number, provide the requested refund-recipient details if applicable, and sign and date the agreement.
- 3
Check Related Requirements
The agreement lists no attachments; it states that the Building Permit Application must be executed.
- 4
Submit To The Village
Submit it to the city department named on the form; check the city website for current contact details.
Frequently asked questions
- What does the Permit Security Deposit Agreement cover?
- It explains how the Village may use a deposit for costs related to reviewing, inspecting, and processing an application or permit, and how the final accounting and any refund or deficiency work.
- Who signs this agreement?
- The agreement provides signature lines for the Owner and Applicant. It also asks for a refund recipient if that person is different from the Owner.
- Do I need a notary for the Permit Security Deposit Agreement?
- No. The document has Owner and Applicant signature and date lines but no notary block; the signer just signs and dates it.
- How do I submit the Permit Security Deposit Agreement?
- Submit it to the city department named on the form; check the city website for current contact details. The agreement takes effect after the required deposit is paid and the Building Permit Application is executed.
