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� .� <br /> ESCROW AGREEMENT <br /> AGREEMENT made fhis�,day of.�t�c.h� 20 7 by an e eQ�he CtTY�F OR�NO, a Minnesota <br /> municipal corporation ("City")and M�(;��:.�,�{��Q Y-P�')i���!►A,�f�ner(sj"). <br /> RE�ITAt.S <br /> A. The undersigned is/are the Owner(s)of 3he Subject i'ropert�and heceby agrees to and consent to the <br /> tecros and conditions of this Escrow Agreement; <br /> B. Owner has: (check onQ) <br /> �r Filed a zonir�g application# �7- 3 9 Sb <br /> o Filed an appl(cation fior a 8uild'tnglZon�ng Permit# <br /> o Agreed to compiy wi#h Orono Gity Code Section 78-1432 regarding accessory strErctures. <br /> a �ited an individua!Sewsr Treatment System �iSTS}perm:it application. <br /> ❑ Requested to da work witMtn pubiic Righf-of-1Nay <br /> p �iled a request for a Temporary Certificate of(?�cupancy <br /> ❑ Ufher ' <br /> ("Application")or�land situated in tfie City and tocated at 7 b re ►n� r'� <br /> (the tlSubjeci Prppe��');and <br /> C. The Cfty is wiAing to review or monitor the ApplicatiQn only if the C3wner agrees to reirnburSe the City <br /> #or the actual costs expend�d by the City on behalf of, or on account of,the Owner. <br /> NOW TH�REFORE,THE PARTIES AGREE A$ FOLLOW$: <br /> 1. DEPOSIT RE 1RE0. Contemparaneousiy with the executk�n of tfiis Escraw Agreement,the Owtter <br /> shall depasit $ ���,(�scrow") with the City necessary to secure couerage of the:total costs <br /> associafed with rev�ew, approval, and monitoring of the. AppliCatiqn. Any Escrow sh��1 be held '+n a <br /> specia!escrowaceount and shall be credited to tt�e Owner. <br /> 2. PURPO�E OF ESCROW. <br /> ■ Zoninq. The pueqose of the Escrow is to guarantee reimbursement ta the City for expenditures <br /> including.but not be limited to staff time, at the rates �established by the City Council, rn �xcess of <br /> #hat covered by: the standard applicatifln fees, engineering conswltan� and legal consultan# <br /> expenses ineurred by the Gity in reviewing and approving the Application arrd si( other city staff <br /> admir�istra#ive and consu(tant serv'rces performed in the procQssing of said review and approvat. <br /> � Building/,�oning. The purpose of f�e esccow is ta.guarantee completion of the site plan,as apprpvet! <br /> and th�provisian of the as-built sur>rey as required by the Building official, <br /> � Accessorv �tructure. The purpose of the Escrow is to guarantee reimburs�ment to tfie Ciry for <br /> expenditures including but not limited to s#aff time, at th� rates established by the: City <br /> Administrator, engineering and tegal c�nsultant expenses incurred by the +City in removing an <br /> accessory bu.iiding if the Owner faiis to perform the obligations in Qrono City Code Section T�-1432 <br /> and al!otMer City staff administ�ative and consuttant senrices performgd in remaving the accessory <br /> buitding, inciuding land stabilization. <br /> • ISl`S. The purpose t�f�he Escrow is to guarantee ceimbursgmeot to the City for expen�itures <br /> inciuding but not be (imit8d to staff time, at the ra#es established by the Cify Council, in excess of <br /> th�t co�ered by the standarc! application fees, er►gineering consultant and tegal consul#ant <br /> expenses incurted by tl'� C�ty if Qwner fQr any reason is unable or unwiiting to honor the <br /> requiremen.ts of Chapter 58 af th� Orono City Code, and aA otf�r ci#y staff administcati+r� and <br /> consultant secvices performed in relating to th�application, The City may also reimhurse itseif for <br /> all engineering and legat expenses associated with the construeEion, remaval, aiteratu�n,or repair <br /> of the l�TS if the Own�r fails to do so. <br /> ■ 7`emz�oranr Ce�t�fcate of Qcc�ancv. 7he p�rpose af#he Escrow is to guarantee completion of <br /> exterior imprc�vements (drivewa�+, grass, etc:j tha# cannot be accomplish.ed due to vveather <br /> eonditions. <br /> l/arlence App/ication—January 2017 <br /> Page 9 <br />