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��' � I ' <br /> ! TEMPORARY CERTIFICAT�OF�UP/tNCY <br /> ES�CROW At3REEMENT <br /> , Orono Buildl�Pamit�ZOi8�00640 <br /> AaREE1ttENT;made this�-� ,day t�t �ft m�.�- . 20 Ji�,, by anEi bafi�►een tha CITY GF <br /> QRON4,�Mi►�neaot8�un�oorp�x�on("`CiCy')and Christ�her 8 AAaliss8 Fot+d("Owners'�. <br /> � <br /> 1. �:ons ' of the new r+esi�den� loc�ated at 52S Keene Av�+ue(FKA 1256 Dickenson <br /> S'M�t th8 (`Sub�Ct Pra�ertY"}, IegaqY descr�ed as L.ots 1 and 3. Block 16, <br /> MIN KA BLUFFS, snd adjae�t haif of v�aabd �Il�y, Neno�pin CauMy. <br /> MM � ak�t PiNS 02-41Tr?.3 31 OQ27. ia the subject o�bufldin� petmit applicatiort <br /> numbqF 2Q16-tt0�64Q ha�been corrtp�ted. <br /> 2. Vlfimt��condit�hs cu � <br /> �'�entlY�roh�'�it+:rxnPie�m of exlerior imprc�vemeMs.fitai�rad'aag�and <br /> ' �m�M. An as-lwiit survey canrto#be accuratety cor�d a�this ticne. <br /> 3. reqt�at the Gity issue a ieRnporerY c�ificabe cfi ooaup�cy CTCO�j�a the Owners , <br /> so tha the th�rners may oxupy ehe r�ew res�ce. ! <br /> 4. The C�y will issue a TGQ if the Owrt�s�lish a� <br /> oMy escroyr to er�ure c�r�p�etron of <br /> e Knprc�vrerr�ents.continuatian of erosiort coMroi and subr�tit�i af�t aa-�tdit sunr8y <br /> e�me �y. � <br /> Nt�W THEREFORE, E PARTIES At�REE A�FOLLt3WS; <br /> 1. DE OF E�CROYY FUNDS. Cont�mp+oraneaisiy with tl�e execution of th�E�crow <br /> �resmeM.a,e own sr�an ae�osic i�o.000 w�tn tne ci�y. ai accrued inter�t,�any,snau t�e�d to tne <br /> Cit�r to t!ehnbu�the C for its coat in e�nin�er&�g the escrow a�nt � <br /> . ' �. PU OF E8CROiN. The tw�ose of the escrow ia to aaaune compbtion of any � <br /> e�ricfr impro�v�ttents.fmPd�r8din�.estabi�hmett!Q�ve��weii as gu�Ma�reimbtusemertt�o <br /> tlr�City far edi Qut-c� cro�ts the C�y has ir�cumad(incN�din9 P���9,�+�9.�+�sa of�500, <br /> cx t�oonsuttaM sev )�w�ir�ur in reviawlt�th�pi�n. EliB�le expenses shell be c�sisient with <br /> expen�s tlire Ovvrt�e kJ be resp�sible for ur�ar a bu�ia�g pe�m���t. TMe est�aw w�l eko <br /> gt�ra►�e res�nbu �o the City for atl out-af-padcet vos#s the Cit�t t�irtcumed b asstt�ra that the wark <br /> �axnpleted�aa:o w�the Stonm�sr pa�uti�►Prevent�Ple��nd the provisions of Orono City <br /> C.cc�de Chs�er'T9. The nar�ciad secutpi�y may�lao be used by the City to elaninate s�y haaar�doua condidons <br /> �ed w�tt the �d ba rap�r 8�ny darrt�e�o pu�c prope�rt�t or infrastrt�cture that�causad by the <br /> work(including plenni� ,engineering,c�r b�ai coc�sultaM revie�w)associafied wit�building permlt�lZOtiB- <br /> Ot1�0 if comptiance ' the a�rroved bu�d�ing pertrtit is riat ac�cmp�aatted. <br /> S. LY BtLU1MCi. As the Ciht tecei�nss consultant biils fa�incumed oosts,the Clty vv�71 <br /> �tum send�biN bo the , Ch�mers shait be respons�le fa'p�ym�tt ta the City withfi 30 t�ys at the <br /> (h�rt��'t�ceipt oiF l�1L <br /> �. a�,��Nr�E�►�,�,r. �,��a�t m�o���,,��„ I <br /> �ayrrNrft�a the City v,ri�n tba t�rieframe oudined in#3 above, ahat!issue a Stop Work�ur�U tF�e iwr�ers � <br /> p�t 8N e�emses�����Rur�uarrt to#3. The Cily may draw fl+om tho�r al�c`,6uM witl�ot�ft�ttter ap� � <br /> Of tl�e Owr�s bo tt�City fca`eli@�r�ses the C�y t��nsd. � <br /> �. CL,O�I��IG ESCROIN. The B�e w�depasst in tl�e escrcyar. iF��ry,shal{�ret�med fo i <br /> tl�e Owrae�s vvher�sq �uir+�raents rel�ted�ct the project are c�mpfebs: City�''f st�il r�i tt�e�ma o# <br /> tta�es�cowr a�e�merrt�++vo�nes p�ye�r°�d�ermitte wt�ther the requbemettts of tt�e pcqje�ct heve b�en <br /> successfully compieted Iand wt�ther� �appropria�e�o re#�Fn the fattds. t�nrner may a�o r�uest the <br /> raie8�o�the fun�is,�such furuis sharq be rel�sed�rcm CitY b�f rec�g tl�e aPProptiate Ysrlfication <br /> �at a1t requhrerrtents�1�e project h�ve been suxessfuNy t�mpieted. <br /> t5s�tt <br />