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ESCROW AGREEMENT <br /> AGREEMENT made this �� da of � ,20�, by and between the CITY OF ORONO, a Minnesota <br /> muniapa�corporation ("City°)and i ("Owner(s)°). <br /> RECITALS <br /> A. The undersigned is/are the Owner(s)of the Subject Property and hereby agrees to and consent to the <br /> terms and conditions of this Escrow Agreement. <br /> B. Owner has: (check one)" <br /> o Filed a zoning appiication# <br /> � Filed an application for a Building�Zppjp�g Permit# 2011-Obl�(p¢ � �. ��p(pr <br /> o Agreed to comply with Orono City Code Section 78-1432 regarding accessory structu�s. <br /> ❑ Filed an Individual Sewer Treatment System(ISTS)permit application. <br /> o Requested to do work within public Right-of-Way <br /> ❑ Filed a request for a Temporary Ce�t'�ficate of Occupancy <br /> o Other <br /> ("Application")on land situated in the City and located at N <br /> (the"Subject Property"); and <br /> C. The City is willing to review or monitor the Application oniy if the Owner agrees to reimburse the City <br /> for the actual costs expended by the City on behalf of, or on account of, the Owner. <br /> NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS: <br /> 1. DEPOSIT REQUlRED. Contemporaneously with the execution of this Escrow Agreement, the Owner <br /> shall deposit $ 250� ("Escrov�') with the City necessary to secure coverage of the total costs <br /> associated with review, approval, and monitoring of the Application. Any Esc�ow shall be held in a <br /> special escrow account and shall be credited to the Owner. <br /> 2. PURPOSE OF ESCROW. <br /> ■ Zoninq. The purpose of the Escrow is to guarantee reimbursement to the City for expenditures <br /> including but not be limited to staff time, at the rates established by the City Council, in excess of <br /> that covered by the standand application fees, engineering consultant and legal consultant <br /> expenses incur�ed by the City in reviewing and approving the Application and all other city staff <br /> administrative and consultant services perforrned in the processing of said review and approval. <br /> ■ Buildina2oninq. The purpose of the escrow is to guarantee completion of the site plan as approved <br /> and the provision of the as-built survey as required by the Building official. <br /> ■ Accessory Structure. The purpose of the Escrow is to guarantee reimbursement to the City for <br /> expenditures including but not limited to staff time, at the rates established by the City <br /> Administrator, engineering and legal consultant expenses incurred by the City in removing an <br /> ac�essory building if the Owner fails to pertorm the obligations in Orono City Code Section 78-1432 <br /> and all other City staff administrative and consultant services perFormed in removing the accessory <br /> building, including land stabilization. <br /> • ISTS. The purpose of the Escrow is to guarantee reimbursement to the City for experiditures <br /> including but not be limited to staff time, at the rates established by the City Council, in excess of <br /> that covered by the standard application fees, engineering consultant and legal consultant <br /> expenses incu�red by the City if Owner for any reason is unable or unwilling to honor the <br /> requirements of Chapter 58 of the Orono City Code, and all other city staff administrative and <br /> consultant services pertormed in relating to the Application. The City may also reimburse itself for <br /> all engineering and legal expenses associated with the construction, remova�, alteration, or repair <br /> of the ISTS if the Owner fails to do so. <br /> ■ Temnorarv Certificate of Occunancv The purpose of the Escrow is to guarantee completion of <br /> exterior improvements (driveway, grass, etc.) that cannot be accomplished due to weather <br /> conditions. <br /> January 2017 1 <br />