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. . <br /> ESCROW AGREEMENT <br /> AGREEMENT made this�_day of ���' , 20��'by and between the CITY OF ORONO, a Minnesota <br /> municipal corporation ("City°)and g,Jo+� 1_�....w�+t�.. �� . ("Owner(s)"). <br /> RECITALS <br /> A. The unde�signed 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 /> ❑ Filed a zoning application# <br /> � Filed an appiication for a Building/Zoning Permit# ��17-�0�7� <br /> Agreed to comply with Orono City Code Section 78-1432 regarding accessory structures. <br /> a 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 Certificate of Occupancy <br /> ❑ Other <br /> ("Application")on land situated in the City and located at � �S NoR'� t-►a.�,� p,��,, <br /> (the"Subject Property"); and <br /> C. The City is willing to review or monito�the Application only 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 REQUIRED. Contemporaneously with the execution of this Escrow Agreement, the Owner <br /> shall deposit $ a. 5b0 ("Escrow") with the City necessary to secure coverage of the total costs <br /> associated with review, approval, and monitoring of the Application. Any Escrow shall be held in a <br /> special escrow account and shall be credited to the Owner. <br /> 2. PURPOSE OF ESCROW. <br /> ■ Zonina. 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 standard application fees, engineering consultant and legal consultant <br /> expenses incurred by the City in reviewing and approving the Application and all other city staff <br /> administrative and consultant services performed in the processing of said review and approval. <br /> • Buildin4/Zonina. The purpose of the esc�ow is to guarantee completion of the site plan as approved <br /> and the provision of the as-built survey as required by the Building offlcial. <br /> ■ Accessory Stnacture. The purpose of the Escrow is to guarantee reimbursement to the Ciry for <br /> expenditures including but not limited to staff time, at the rates established by the City <br /> Administrator, engineering and legal cflnsultant expenses incurred by the City in removing an <br /> accessory building if the Owner fails to perform 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 stabitization. <br /> ■ ISTS. The purpose of the Escrow is to guarantee reimbursement to the City for expen�itures <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 incurred 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 legat expenses associated with the construction, removal, alteration, or repair <br /> of the ISTS if the Owner fails to do so. <br /> ■ Tem�orarv 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 />