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' ESCROW AGREEMENT ��'�`✓�* �� <br /> f'(E/ <br /> •� / i/�� <br /> -S 1 ' <br /> AGREEMENT made this Z� stday of �t��y` , 20��by and between the CITY OF ORONO, a Minnesota <br /> municiNal corNoration ("City") and � �� �'/�-�.(',c,G� ASS('��i'_f(°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 /> ❑ Filed a zoning application# . <br /> ❑ Filed an appiication for a Building/Zoning Permit# �D���%�4'' � <br /> ❑ Agreed to comply with Orono City Code Section 78-1432 regarding accessory structures. <br /> ❑ Filed an Individual Sewer Treatment System (ISTS) permit application. <br /> ❑ 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 � • 5 >/ ��— <br /> (the"Subject Property"); and <br /> C. The City is willing to review or monitor 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 $ 0 ��� ("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 /> ■ Zonin4. 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 /> ■ Buildinq/Zoninq. 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 /> ■ Accessorv 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 /> 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 stabilization. <br /> ■ ISTS. 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 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 performed in relating to the Application. The City may also reimburse itself for <br /> all engineering and legal expenses associated with the construction, removal, alteration, or repair <br /> of the ISTS if the Owner fails to do so. <br /> ■ Temqorary Certificate of Occupancv. 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 3 <br />