2013-01165 (escrow fee) - Laserfiche WebLink

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. � , r • �' BWLDiNG PERMIT ESCROW AGREEMENT Land Use Application#73-3642 Orono Buitding Permit#t2013-01052 Demolition Permit#2073-40959 AGREEMENT made this _�r��'w' day of .:". � � '� �� "'�, 2� '_'�, by and between the CITY OF ORONO, a P�!innesofa municipal corpflration ("City"}Ziv&Tali�iberman f"Owners"). Recitals 1. Applications for a setback variance; demolition permit and bui{ding permit have been fiied for a d2molition and construction of a new singie family residenee located at 269U Caroline Avenue the ("Subject Property"},legally described on attachment Exhibit A. 2. Owners requesi the City to review this application. 3. The City wiii commence its review of the applicakion and incur costs associaEed with said review only if the Owner establishes an escrow to ensure reimbursement to the City of its costs. NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT �F ESCROW FUNDS. Contemporaneousiy w+th the execution of this Escrow Agreement, the Owners shali deposit$2,500 with the City. All accrued '+nterest, if any, shal! be paid to the City to reimburse the City for its cost in administering ihe escrow account. 2. PURPOSE OF ESCROW. The purpase of the escrow is to guarantes reimbursement to the City for ail out-of-pocket costs the City has incu�red (including pianning, engineering, in excess af �500, or legai consuitant review) or wiii incur in reviswing the plan. Eligible expenses shaii be consistent with expenses the Owners would be responsibie for under a building permit application. The escrow wili alsa guarantee reimbursement to the City for ail out-of-pocket costs the City has incurred to assure that the work is completed in accordance with the Stormwater Pollution Prevention Plan and the provisians of Orono City Code Chapter 79. The financial security may also be used by the City to eliminate any hazardous conditions assaciated with the work and to repair any damage to public praperty or infrastructure that is caused by the woric (inciuding planning, engineering, or lega� cansultant review) associated with Land use applicat9on #13-3642; demo permit#2013- 00959;and buiiding permit#2013-01052 if compliance with the approved building permit is not accomplished. 3. MON7HLY BILLING. As the City receives consuftant biils for incurred costs, the City wi11 in tum send a t�iil to the Owners. Owners shalf be respo�ib4e for payment#o the City w+thin 30 days o# the Owners' receipt of biil. 4. DISSURSEMENT FROM ESCROVII'ACCOUNT. in the evant that the Owners do not make payment to the City within the timeframe outlined in#3 above, shall issue a Stop Work Order until the dwners pay all expenses invoiced pursuant io #3. The City may draw from the escrow account without furthQr approval of the Owners ta reimburse the City for e(igibie expenses the City has incurred. 5. CLOSiNG ESCRCtW. The Batance on deposit in the escrow, if any, shalf be returned to the flwners when tha review has been completed and written notification is received from the Owners requesting the funds. 6. CERTlFY UNPAID CHARGES. ]f the project is abandoned by Owners,or if the eligibte expenses incu�red by the City exceed the amount in escrow,the City shall have the right to certify the unpaid balance to the subject property pursuant to Minn. Stat.§§415.01 and 366.012. CiTY: ClTY OF ORONO � fJWNER �`"�� T x,� .�r- ��!/"��r�' " z`� , � .� � , r� _� . _ , � � 9 > , . „__ , � �• a.� ., By: , � � ., � . a � Its: � � l r(�L`�.1�� _ _._ _ .__ --- Internai Use Oniy: t3 Original to Planning q Copy to Property Owner C�Copy to Street Fife _.___._. -----......_�_