2017-00374 - escrow fee - Laserfiche WebLink

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. , ' „ � 3. MONTHLY BILLING. The City wiii monthly forward to the Owner a statement and bill for the expenditures incurred by the City for staff and consultant services. Such statements shall be due and payable within 15 days for receipt by the Owner. No statement will be sent if there are no expenses incuned in the period since the most recent statement. The City shall itemize all time, services, and materials billed to any Owner and said time, services, and materials shall be in accordance with #he . rules, regulations, and fees as promulgated and adopted by the City Council. 4. DISBURSEMENT FROM E3CROW ACCDUNT. In the event the Owner does not make payment the City as required under paragraph 3, the City may draw from the Escrow without further approval of the Owner to reimburse the City for eligible expenses the City has incurred. The City shall periodically notify the Owner of the draws the City has made and the nat�re of the expense for which the reimbursement is being made. 5. REIMBURSEMENT OF�SCROW. The Owner shafl�eimburse the Escrow fund for any deficits caused if the amount actually expended by, or billed to,the City exceeds the escrow fund balance. 6. RIGHT OF ENTRY. ' • Zonin4. This section is not applicable. ■ Buildin . This section is not applicable. ■ Accessorv Structure. The Owner hereby grants the City, its agents, employees, officers and contractors the right to enter the property to remove the accessory building(s) should the Owner not complete the removal obligations in Orono City Code Section 78-1432. � ISTS. The Owner hereby grants the City, its agents, employees, officers and contractors the right to enter the property to pertorm all work and inspections deemed appropriate by the City in conjunction with replacement of the septic system, including but not limited to constructing or completing any and all of the agreed upon improvements should the Owner not complete thase improvements by the date agreed upon. ■ Tem�orarv Certificate of Occuuancv_. This section is not applicable. 7. NO iNTEREST PAID. All accrued interest, if any, shall be paid to the City to reimburse the City for its cost in administering the Escrow account. 8. CLOSING ESCROW. When the review has been completed or the project has been completed, the balance of the Escrow, if any, shall be retumed to (check one): �CQ Owner ❑ Applicant o Other Name: �N t7A L� R No R� Street Address/PO Box: �r7 a?C Y a9 City/State/ZIP: —7�lli"'L� �AIN � MN SS35q' -oya� 9. CERTIFIED UNPAID CHARGES. If the Applica6on is abandoned by Owner,or if the eligible expenses i�cuRed by the City exceed the amount in Escrow, the City shall have the right to certify�he unpaid balance to the Subject Property pursuant to Minn. Stat. §§415.01 and 366:012. IN WITNESS WHEREOF,the undersigned have executed this Agreement as of the day and year first above written. CITY OF ORONO: OWNER(a): r BY: � gY: A-A'1 i�. 1 G(. Zo 1� January 2017 2