2009-00332 - new structure - Laserfiche WebLink

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, � , 2.�'-C��3Z � r��u� �� 1r1'1A��T �t��r� �u p/�I'frr\�f�\IT C{JILLJIIVl7 PCRIYIII CJIiR�YY !i\7RCCIYICIV 1 � AGREEMENT made this �3 �day of , 20�, b an between the CITY OF ORONO, a Minnesota municipal corporation ("City") and OU /�i l� ("Owner"). Recitals 1. A building permit application has been filed for a (circ/e one) new principal located at 3235 Graham Hill Road. the ("Subject Property"), as more fully shown and described on Exhibit"A" attached hereto. 2. Owner requests the City to review this application. n T�_ �:a.. i � r a�_ i:__a:_ � � a.. ' � '� ' J. 1 IIC I.rIL�/ VVIII llUIIIIIICIII:C �tJ ICVICW VI IIIC G�.J�JIIGdIIVII dllU I�Il;lll I,VJLS GJJUI:ICIICI�. Wltll JGIU ICVICW only if the Owner estabiishes an escrow to ensure reimbursement to the City of its costs. NOW THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneousiy with the execution of this Escrow Aqreement, the Owner shall deqosit $4.500 with the City f$2,500 for the buildinq permit and pradinp review and $2,000 for erosion controi). All accrued interest, if any, shall be paid to the City to reimburse the City for its cost in administering the escrow account. 2. PURPOSE OF ESCROW. The purpose of the escrow is to guarantee reimbursement to the City for all out-of-pocket costs the City has incurred (including planning, engineering, in excess of $500, or legal consultant review) or will incur in reviewing the plan. Eligible expenses shall be consistent with expenses the IJ 1�� L1� f�� J�� 'IJ:.�� ' I'��L: TL� 1 1�� vVi ici v+IGuiu uC I CJt.1V1 I.JIUIC i�i uP1uCi a �uiiwi iy �ci i i iii aNNii�au0il. i i iC BSCi Ow �iYiii aiav y`uSi Si iia8 reimbursement to the City for all out-of-pocket costs the City has incurred to assure that the work is compieted in accordance with the Stormwater Pollution Prevention Plan and the provisions of Orono City Code Chapter 79. The financial security may also be used by the City to eliminate any hazardous conditions associated with the work and to repair any damage to public property or infrastructure that is caused by the work (including planning, engineering, or legal consultant review) associated with building permit #2009-00332. If compliance with the approved buildinp permit is not accomplished. 3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will in turn send a bill to the Owner. Owner shall be responsibfe for payment to the City within 30 days of the Owner's receipt of bill. 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owner does not make L 1� L� /"�:1.....:{I�:� {.�� ' J ' rf L�,.� L� l�:l J��...C.�� L� ' L.�..L F.)dyfllZlll lV IIIC l�ily WIUIIII IIIC tllll@flGlll@ VUIIIIICU III#J dUVVC, 111C L.IIy PIIGy UIcIW IIUIII 111C @JCIUVI%GI:I:Ol.11ll YVILIIUUI further approval of the Owner to reimburse the City for Eligible expenses the City has incurred. The City shall notify the Owner the Owner of such draw and the nature of the expense for which the reimbursement is being made. If the Escrow amount falls below 75% of the original escrow amount the Owner shall deposit additional sums as directed by the City, or the City shall discontinue review and post a Stop Work Order. 4. CLOSING ESCROW. The Balance on deqosit in the escrow, if any, shall be returned to the Owner when the review has been completed and written notification is received from the Owner requesting the funds. 5. CERTIFY UNPAID CHARGES. If the project is abandoned by Owner, or if the eligible expenses incurred 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. �+I I i�: �� Vr .� IVV �a�1��t,-e�� . V Y Y IY CI\.; � gy; ' gY. /%(�G, `'"Z� ,� , � ,: �� Its: ' ,� gy. �;