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2017-00683 - escrow fee
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2017-00683 - escrow fee
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Last modified
8/22/2023 4:12:15 PM
Creation date
8/9/2017 9:24:12 AM
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x Address Old
House Number
540
Street Name
Big Island
Address
540 Big Island
Document Type
Permits/Inspections
PIN
2211723420001
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• _ .. , � <br /> 3. MONTHLY BILLING. The City wiil monthly forward to the Owner a statement and bill for the <br /> expenditures incu�red by the City for staff and consultant services. Such statements shall be due and <br /> payable within 15 days for receipt by the Owner. No stat�ment will be sent if there are no expenses <br /> incur�ed in the period since the most receht statement: •Tfie City shall iteMize all time, services, and <br /> materials billed to any Owner and said�tir�e;services, ar�d ta�at�erials shall be in accordance with the <br /> rules, regulations, and fees as promulgated and adopted by the City Council. <br /> 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event the Owner dces not make payment the <br /> City as required unde�paragraph 3, the City may draw from the Escrow without further approval of the <br /> Owner to reimburse the City for eligible expenses the City has incurred. The City shall periodically <br /> notify the Owner of the draws the City has made and the nature of the expense for which the <br /> reimbursement is being made. <br /> 5. REIMBURSEMENT OF ESCROW. The Owner shall reimburse the Escrow fund for any deficits caused <br /> if the amount actually expended by, or billed to, the City exceeds the escrow fund balance. <br /> 6. RIGHT OF ENTRY. <br /> ■ Zonina. This section is not applicable. <br /> • Buildina. This section is not applicable. <br /> ■ Accessory Structure. The Owner hereby grants the City, its agents, employees, officers and <br /> contractors the right to enter the property to remove the accessory building(s) should the Owner <br /> not complete the removal obligations in Orono City Code Secbon 78-1432. <br /> ■ ISTS. The Owner hereby grants the City, its agents, employees, officers and contractors the right <br /> to enter the property to perform all work and inspections deemed appropriate by the City in <br /> conjunction with replacement of the septic system, including but not limited to constructing or <br /> completing any and all of the agreed upon improvements should the Owner not c�mplete those <br /> improvements by the date agreed upon. <br /> ■ Tem�orarv Certificate of Occunancy; This section is not applicable. <br /> 7. NO INTEREST PAID. All accrued interest, if any, shall be paid to the City to reimburse the City for its <br /> cost in administering the Escrow account. <br /> 8. CL SING ESCROW. When the review has been completed or the project has been completed, the <br /> b nce of the Escrow, if any, shall be returned to(check one): <br /> � Owner o Applicant ❑ Other <br /> a : �+ P.l 5 C�l,miGl�Y' <br /> Street Address/PO Box: <br /> City/State/ZIP: — ' r <br /> 9. CERTIFIED UNPAID CHARGES. If the Application is abandoned by Owner,or if the eligible expenses <br /> incurred by the City exceed the amount in Escrow, the City shall have the right to certify the unpaid <br /> balance to the Subject Property pursuant to Minn. Stat. §§415.01 and 366.012. <br /> IN WITNESS WHEREOF,the undersigned have executed this Agreement as of the day and year first above written. <br /> CITY OF ORONO: OWNER(s): <br /> BY: BY: 5 �i �.d � ��-- <br /> lanuary 2017 2 <br />
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