2017-01234 - escrow fee - Laserfiche WebLink

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,_ � ESCROW AGREEMENT AGREEMENT made this�day of ,20 �by and between the CITY OF ORONO, a Minnesota municipal corporati�on( City )and ("Owner(s)"). RE_ . �A. The undersigned is/are the Owner(s)of the Subject Property and hereby agrees to and consent to the terms and conditions of this Escrow Agreement. B. Owner has: (check one)" ❑ Filed a zoning application# �gt_Filed an application for a 8uilding/aaojpg,Permit#0�17-Di �e1 ^�- �-p�7_b�233 o Agreed to cflmply with Orono City Code Section 78-1432 regarding ac�cessory structures. a Filed an Individual Sewer Treatment System (ISTS)permit appl"ication. o Requested to do work within public Right-of-Way a Filed a request for a Temporary Cerfrf'icate of Occupancy o Otfier ("Application")on land situated in the City and located at (the"Subject Property"); and C. The City is willing to review or monitor the Application only if the Owner agrees to reimburse the City for the actual costs expended by the City on behalf of, or on accot�nt of, the Owne�. NOW THEREFORE,THE PARTiES AGREE AS FOLLOWS: 1. DEPOSIT REQUIRED. Contemporaneously with the execution of this Escrow Agreement, the Owner shaN deposit $ ?`� (•Escrovw') with the City necessary to secure coverage of the total costs associated with review, approval, and monitor�ng of the Applicabon. Any Escrow shall be held in a special escrow axount and shall be credited to the Owner. 2. PURPOSE OF ESCROW. ■ Zonina. The purpose of the Escrow is to guarantee reimbursement to the City for expenditures including but not be limited to staff time, at the rates established by the City Council, in excess of that covered by the standard application fees, engineering consultant and legal consultant expenses incurred by the City in reviewing and approving the Application and all other city staff administrative and consultant servicss performed in the processing of said review and approval. • Buildina2onina. The purpose of the escrow is to guarantee completion of the site plan as approved and the provision of the as-built survey as requi►�ed by the Building of�icial. • Acoessorv Structure. The-purpose of the Escrow is to guarantee reimbursement to the City for expenditures including but not limited to staff time, at the rates established by the City Adminis#rator, engineering and legal consultant expenses incurred by the City in removing an accessory building if the Owner fails to perform the obligations in Orono City Code Section 78-1432 and all other City staff administra�ve and consultant services petformed in removing the accessory building, including tand stabilization. ■ �. The purpose of the Escrow is to guarantee reimbursement to the City for expen�itures including but not be limited to staff time, at the rates established by the City Council, in excess of that covered by the standard application fees, engineering consultant and iegal consultant expenses incurred by the City if Owner for any reason is unable or unwilling to honor the requirements of Chapter 58 of the Orono City Code, and all other city staff administrative and consultant services performed in relating to the Application. The City may also reimburse itseff for all engineering and legaF,expenses associated with the construction, removal, alteration, or repair of the ISTS if the Owner fails to do so. • Temoorary Certificate of Occuaancv The purpose of the Escrow is to guarantee completion of exterior improvements (driveway, grass, etc.) that cannot be accomplished due to weather conditions. January 2017 1