2017-00854 - escrow - Laserfiche WebLink

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. , �� ESCROW AGREEMENT AGREEMENT made this�day of �.J ,20,�,_„�by and between the CITY OF ORONO, a Minnesota municipal corporation("City")and ("Owner(s)"). RECITALS A. The undersigned is/are the Owner(s}of the 5ubject Property and hereby agrees to and consent to the terms and conditions of this Escrow Agreement. B. Ownet has: (check one}� o Filed a zoning appiication# � Filed an application for a 6u91dingiZoning Permit# e�,o�7-ao 853 ❑ Agreed to comply with Orono City Code Sectlon 78-1432 regarding accessory structures. ❑ Filed an individuaa Sewer Treatment System (1STS)permit appiication. o Requested ta do wark wifhin pubiic Right-of-Way o Filed a request for a Temporary Certificate af Occupancy ❑ Other (°Application")on iand situated in the City and located at (the"Subject Property"); and C. The City is wiliing to review or monitor the Application only if the Owner agrees to reimburse the City for the actual costs expended by the City on behalf af, or on account of, the Owner. NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS: 'E. DEPOSIT RE�UIRED. Contemporaneously with the execution of this Escrow Agreement, the Owner shall deposit $a,TSvo_,;� {"Escrow") with the City necessary to secure coverage of the total costs associated with revrew, approval, and monitoring of the Appfication. Any Escrow shall be held in a special escrow account and shall be credited to the Owner. 2. PURPOSE O�ESCROW. • Zonina. The purpose of the Escrow is to guarantee reimbursement to the City for expenditures inctuding but not be limited to staff time, at the ra#es established by the City Council, in excess of that covered by the standard application fees, engineering consultant and legal consultant expenses incurrec! by the City in reviewing and approving the Application and aU other city staff administra6ve and consultant services performed in the processing of said review and approval. • Building2oning. The purpose of the escrow is to guaran#ee completion of the site pla�as approved and fhe provision of the as-built survey as required by the Building o�cial. • Accessory Structure. The purpose of the Escrow is to guarantee reimbursement to the City for expenditures including but not limited to staff time, at the rates established by the City Administrator, engineering and legal consu(tant expenses incurred by the City in removing an accessory building if the Owner fails to perform the obligations in Orono City Code Section 78-1432 and all other City staff administrative and consultant services performed in removing the accessory building, incfuding land stabilization. ■ ISTS. The purpose of the Escrow is to guarantee reimbu�sement to the City for expenditures including but not be limited to staff time, at the rates established by the Gty Council, in excess of that covered by the standard application fees, engineering consultant and legal consultant expenses incu�red by the City if Owner for any reason is unable or unwilling to honor the requirements of Chapter 58 of the Orono City Code, and all other city staff administrative and consultant services pertormed in relating to the Application. The City may also reimburse itself for all engineering and legal expenses associated with the construction, removal, alteration, or repair of the ISTS if the Owner fails to do so. ■ Temoorary Certificate of Occuaanc� The purpose of the Escrow is to guarantee completion of exterior improvements (driveway, grass, etc.) that cannot be accomplished due to weather conditions. January 2017 1