118 - Fees.

§  118.  Fees.  The supervising agency, the local legislative body and  the planning commission, if any, may each adopt a reasonable schedule of  fees to be paid by redevelopment companies upon  the  filing  with  said  supervising  agency,  local legislative body or planning commission of a  plan, plans for a project or  projects,  amendments  thereto  and  other  instruments  in  connection  therewith and redevelopment companies shall  pay reasonable fees to the said supervising agency as said agency  shall  prescribe for processing a redevelopment plan and for the supervision of  construction  and  for  the audit, regulation and general supervision of  the management of the company, which  fees  shall  be  set  aside  in  a  separate  account  and  shall  be  used  to  pay  for  the  expenses  of  administering and carrying  out  the  provisions  of  the  redevelopment  companies law.