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. <br /> ESCROW AGREEMENT <br /> At3REEMENT made this�day of////lA�// ,20f�by and between the CITY OF ORONO, a Minnesota <br /> municipal corpvration ("Ci )and_ bArl�elet W'YN ,�,� ("Owne�(s)'). <br /> RECITALS <br /> A. The undersigned is/ane the Owner(s)of the Subject Property and hereby agrees to and oonsent to the <br /> terms and conditions of this Escrow Agreement� <br /> B. Owner has: (check one)� <br /> a f led a zoning a�Cu�Eion# <br /> a�Fled an application for a Building2oning Permit#�Qn_m20�/ <br /> o A greed to corn p l y wi t h Orono City Code Section 78-1432 regarding acoessory structu�es. <br /> o Filed an Individual Sewer Treatmerrt System(ISTS)permit application. <br /> ❑ Requested to do wark wii�in public Right-of-Way <br /> ❑ Filed a request for a Temporary Certficate of Occupancy <br /> a Other <br /> {'Appiicetlon")on land situated in the City and located at <br /> (the°Subject Propert�');and <br /> C. The City is wlRing b review or monitor the Application only if the Owner a�rees fio �eimburse the City <br /> for ii�e actual c�sts expended by the City o� behalf of,or an account of,the Owner. <br /> NOW THEREFORE.THE PARTIES AGREE AS FOLLOW8: <br /> 1. DE SIT l IRED. Contemporaneously with the execwtfon of this Escro�w Agreement,the Owner <br /> shail deposit$ {"Escrow") with the City neoessary to secure ooverage of the �ctai costs <br /> associated with review, approval, and monitoring af the Application. Any Escrqw sha1� be held in a <br /> speciai escrow account and shall be credited to the Owner. <br /> Z. P�lRPOSE OF ESCROW. <br /> • Zonina. 7he purpoasee of the Escrow is to gaarantee reimbursement b the City for expenditures <br /> lncluding but not be limited to staff time, at the rratas es�ablished by the Ctty Council, in excess of <br /> that covered by the standard applk�tfan fees, engineer�ng c�nsutt�t and legal �oonsuftant <br /> expenses incurred by the City in reviewing and approving the Applic�tion and ali ather city staff <br /> administrative and consultant servioes perFormed in the processing of said review and approval. <br /> • Buildin lZonin . The purpose of the escrow is�o guarar�tee oompietion ofthe site plan as approved <br /> and the provision vf the as-built survey as required by th�Building officfal. <br /> ■ Accessorv Structur�. The purpose of the Escrow is to guarantae reimbursement to the City for <br /> expendNures induding but not limified to staff. time, at tha raties establishad by the City <br /> Administrabor, engineering and legal oonsultant e�cpenses Incurred by the CEty in �noving an <br /> ac�essory building if the Owner fails tfl perForm the obligakions in Orono City Code Section 7&1432 <br /> and all other City staff administrative and consultarit services pertom�ed!n removing the aocessory <br /> buiiding, including tand stabilization. <br /> ■ 1STS. The purpose of the Escrow is to guarantee reimbursement fio the City for expenditures <br /> including but not be limited to staff tlme, at the raties established by the City Caunc(i, in e�ooess of <br /> that covered by the standard application fees, engineering consult�mt and isgel oonsultant <br /> expenses incurred by the City if Owner fo� any reaso� is unable or unwilling to honor the <br /> �quirements of Chap#er 58 of the Orono City Code, and all other city gtaff adminisqative and <br /> consultant senrices perfoRned in�Iadng 6o the Application, The City may also reimburse ftself for <br /> all engineering and legal expenses associated with the construction, removaf, aiberation, or repair <br /> of the IS7S if the Owner fails to do so. <br /> � Temnorar�r Certificsbe of Occu�ncv The purpose of the Escrow is to guarantee compleqon of <br /> exterlor Improv�ements (driveway, grass, etc.) that cannot be accomplished due to weather <br /> canditions. <br /> January 20�7 1 <br />