2013-00471 - new structure - Laserfiche WebLink

Home Browse Search

1 � BUILDIN�PERMIT ESCROW AGREEMENT Orono Buildin�Perm(t#2013-00471 Demolition Permlt#2013-00429 Pool Permit#2014-00826 Land Use Applicatlon#143880 AGREEMENT made thia�day of �c � f— 20[� by and between the CITY OF ORONO, a Minnesota municipal corporatlon(°City")Bradley�i4. ru�10-10-08(°Oamers°). Rec s 1. A demolitlon permit application and a building permit application have been flled for demolitlon of the principal sb�uciure and two (2) accesaory stnictures and construc�on of a new principal s�ucture, one (1) accessory structure and in-ground �ol located at 4315 North Shore Drive ths (°SubJeat Aroperty°), legally descril�ed In Exhib�A,attached. 2. Owners request the Cit�r to review thts application. 3. The City wiil commence i�revlew of the applicatlon and incur costs essocieted with said revlew only if the Owner eatabliahes an escrow to ensure reimbureement to the C(ty of its coata. NOW THEREFORE,THE P�►RTIES AOREE A8 FOL.LOWS: 1. DEP081T OF ESCROW FUNDS. Contemporaneously with the executifln of this Escrow Agreement,the Owners ahall deposit$2,500 with#he Ctty. All accrued interest, if eny,shall be paid to the City to reimburse the City for its cost in admintste�ing the escrow acx�unt 2. PURPOSE OF E9CROW.The purpose of the escrow Is to guarantee reimbursement to the City for all out of-pocket costs the City has incumed (Including planning, engineering, in excess of $600, or legal consultant revtew) or will incur in revlewing the plan. Eligible expenses shall be consistient wifh expenses ttie Owners would be responsible for under a building permit applicetion. The escrow will also guerantee reimbursement to the City for eli out-of-poaket costs the City has incurred to essura that the work is completed in . accordance with the Stormwater Pollutlon Prevention Plan and the provisions of Orono City Code Chapter 79. � The ftnencial security may aiso ba used by the City to eUminate any hazarclous conditions associatal w�th the : work and to repair any damage to public propertyr or Mfrastructure that is cauaed by the work(including planning, engineering, or legal consuitant review) assxlated wlth demolitlon penrdt �2013-004�� buliding permit #Z013-004T1� pcal permlt 201+4-0OB26 and land use applicatlon �k143680 if comptiance with the approved building perm(t is not accomplishsd. 3. AAONTHLY BILLING. As the C(ty receives consultant bills for incurred casts, the C(t�r will in turn send a bill to the Owne�s. Ownere shell be respanelble for payment to the Clty vvitthin 30 days of the Owners' receipt of bill. 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owners do not make payment to the City vuithin the dmeframe ouUined in#3 above,shall tsaue a Stop Work Order urrtil the Owners pay all ex�nsea invoiced pursuant to #3. The City may drew from the escrow account w�hout further approval of the Owners to relmburse the Cityy for eltgible expensea the Criy hea(ncurred. 6. CLOStNG ESCROW. The Balance on deposit in the escrow, if any, shall be retumed to the Owners when the review has been completed and written notification is recsived from the Owners requesdng the funds. 6. CERTIFY UNPSID CHAROES. If t�e proJect is abandoned by Owners,or if the eligfble expenses incurred by the City exceed the amount in escrow,the City shall have the right to certify the unpaid balanc�to the subJect property pursuant to Minn.Stat§§415.01 and 366.012. CITY: OF ONO OYVNER• 8y: �1 ��: • Bradley A. Cleveland