§ 118. Fees. The supervising agency, the local legislative body and\nthe planning commission, if any, may each adopt a reasonable schedule of\nfees to be paid by redevelopment companies upon the filing with said\nsupervising agency, local legislative body or planning commission of a\nplan, plans for a project or projects, amendments thereto and other\ninstruments in connection therewith and redevelopment companies shall\npay reasonable fees to the said supervising agency as said agency shall\nprescribe for processing a redevelopment plan and for the supervision of\nconstruction and for the audit, regulation and general supervision of\nthe management of the company, which fees shall be set aside in a\nseparate account and shall be used to pay for the expenses of\nadministering and carrying out the provisions of the redevelopment\ncompanies law.\n
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