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R <br /> riannmg N►ssiszani <br /> City of Orono <br /> 2750 Kelley Parkway � Orono � MN � 55356(physica/address) <br /> PO Box 66 � Crystal Bay � MN � 55323-0066(mailing address) <br /> (952.249.4620 � 6 952.249.4616 <br /> *cmattson@ci.orono.mn.us � ;www.ci.orono.mn.us <br /> Summer Office Hours: f Monday, May 18 through Friday,August 28,201.� <br /> Monday-Thursday: 7:30 am to 5 pm <br /> Friday: 7:30 arn to 11:30 am <br /> OUR OFFICE WILL BE CLOSED: Monday,September 7, 2015 <br /> 7�of�lG PEW1rT Es�1nr AGA�iT <br /> PtintiH�01S-0Oe68 <br /> ARiREEiIEMT made U�is�dey of _uS�1' 28 t S�by and between ihe CITY O�f OROi1lO. <br /> a Minnesa4s munic.iPd caParalion C �and St Martha�"()wirsrs'}. <br /> B�Ntrl! <br /> 1. A=aning porm�appicaiion t�,baen fided tor a prapstty bcatod at 2118 Shadpwood F2o0d Uae <br /> C�I����y'}.Isgaay deacribod as LoE 26 and 27.Bk�ck 1.Wiay"s P�c.FEannepin Csxmty,f�'innesoto. <br /> 2 �Owner requeate the City lo t»view tlss a�f'icefion- <br /> 3_ Ths City wiH commgrnce�review ot the appUcalion and inc�costs a�sociated wilh a�id review <br /> oNy#tltie O�mar a�stal�Bhes an r�tow to et�sur+r�lburs�an�t to�a Cily d�s ncsfS. <br /> MOW TNEREf�RE,7 FIE�AR'TIE&A�GREE A$R�LLOWS: <br /> t. �?' OF EBCRQW FUt�$. Cantemporx►snu�y with ttra execution of this Eacrow <br /> +�►H�emaM.the Chvners shaM dspoeit s7U0 wiBf tlHa City. All accrcred interest.if�y.�ii ba paid to the City to <br /> reimburae tl�s Cdy fcr�s e�t�s�ni�+g fkw a�traw uecount <br /> Z. PUf�OSE t�F E$Gi#l�W.ThB ptupose ot N�e esCtrnv�to gusr8r�a r�eBnbtuBamsat to Ihe City <br /> Ior a�l oul-at�podcet coaffi!he t;fty has incurned(ineluding pt�ninp,angineezinp or I�al cone�dtant�riew�or wiii <br /> inctr kt tsvietMng ihe pl�t.�ligible 6��e8 st�lf ba ca�s�'tt witlf ax,pe�s�e Owtt�ts rrauid tse res�ibfe <br /> tor unde�t e zonirt9 p�•PP�ic�ion.'€t�esaow w�l also gt�anlee reintttss�nt�D d1a City tor eq uut-of-pock�et <br /> aosts ths Ct�►h8s�cuKed #o�ss� �U�e work is ocxtipietad in eoourdanC�wilh tho Stocrr�ter Polhttion <br /> Preve�ian Plan and ihe pwvisiohs af Oraio City Code Ct�pber 79.Tha f�n�l secvrity mey als�o be usad by the <br /> City to ekma�e any ha�r+daus oontl�ons�soci�ted wi�the�wcic and bo ca�ir ar�►dem�ia pubiic property or <br /> ��at i�c�usea by Use wak C��P��9.�B�^�9.�t�ai co►a�up6�r�t rsvpew}e�sa�oci�Eee <br /> witlt pafm�i�OfS�M cntnpienca w�t tl»��zaning patmit�s nd�oae�Iished_ <br /> 8. MONTtH.Y��..� As�a Clty rac�ca�6ips for irn�urrsd coets.�e C�y aa"k rtt twn <br /> send a biU�1he Ownens. Oainets sh�a bs re6pa�bte/or pa�b�he Citp ww�ttM 30 t�s ot tF�e Owrwrs`race�ipt <br /> ot biM. <br /> 4. D18dUR��IIENT FROY ESCROMf ACCOtMT. In the event that the Owrters da nat mekg peyment to <br /> tl�e City witlun tfia iirneframe oWlined in#3 ebowe.ahaY�tt�a Stop Work Ordar wr67�e C�anu pryt a�a�qreraes <br /> invaced pususnt to�Ki. The Ciiy may dra�w fran tha eacrow aoraur�w�itho�ittlhar ap�rovd of�a Oameas bo reimbtase <br /> dte Giry 1or aligi6ie expenees 1he Clty Nas iworxrad. <br /> S« CLO�SIN(i ESCROW. The�elance an depo�i!�tlos escroa+,K arty.she�be retiumed 1a iha Dwners <br /> ++aihart aN raq�ire+nerris rsla�ed ta tl�e project are cr�npU�te. Cily Sf�f she�l re�t+r tha tatma of tlti�s s�w�graement <br /> taa tirne�per ya�ar ta detarmk�e whether�r�e�iremer�s csf the projeat have b�en suobe�R�iy e�rnpte�te8�d <br />