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2013 - 00244 - escrow fee
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4550 Wolverton Pl - 31-118-23-31-0013
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2013 - 00244 - escrow fee
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Last modified
8/22/2023 4:30:45 PM
Creation date
2/20/2020 1:58:12 PM
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x Address Old
House Number
4550
Street Name
Wolverton
Street Type
Place
Address
4550 Wolverton Place
Document Type
Permits/Inspections
PIN
3111823310013
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i <br /> 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event the Developer does <br /> not make payment to the City as provided in Paragraph 3 above,the City may draw from <br /> the escrow account from time to time without further approval of the Developer to <br /> reimburse the City for eligible expenses the City has incurred. The City shall <br /> periodically notify the Developer of the draws the City has made and the nature of the <br /> expense for which the reimbursement is being made. <br /> 5. CLOSING ESCROW. The escrow, less any eligible expenses, shall be returned to the <br /> Develper two growing seasons after planting if the planting is successful. If substantial <br /> portions of the plantings are not successful after one planting season the City may hold <br /> the escrow for an additional planting season. If substantial portions of the plantings are <br /> not successful after two planting seasons the City may hold the escrow for two additional <br /> planting seasons. <br /> 6. ACCESS TO SUBJECT PROPERTY. The Developer hereby grants to the City, its <br /> agents and its employees, the right to enter on the subject property for the specific <br /> purpose of inspecting or completing the restoration of the subject property should the <br /> Developer not complete the work by the specified dates. <br /> CITY OF ORONO <br /> B / <br /> y: , <br /> 6.4 <br /> DEVELOPER: <br /> By: <br /> 169712 2 <br />
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