03-20-2017 Planning Commission Packet

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3/16/2017 Orono,MN Code of Ordinances in a special escrow account and shall be credited to the said owner. Expenditures to be secured by the aforesaid escrow account shall include but not be limited to staff time in excess of that covered by the standard application fees; engineering consultant and legal consultant expenses incurred by the City of Orono in development application review and approval; and all other city staff administrative and consultant services performed in the processing of said review and approval. (Ord. No. 42 3rd series, § 1, 2-11-2008) Sec. 75-4. - Construction deposit required. Prior to issuance of permits and prior to commencement of any site work the owner shall deposit with the city in escrow an amount, as determined by the city administrator(or as directed in the city fee schedule), necessary to secure coverage of the total costs associated with review and inspection of the construction of improvements associated with the approved development. The owner will then be expected to maintain the escrow fund at a balance equal to the original amount deposited.Any escrow shall be held in a special escrow account and shall be credited to the said owner. Expenditures to be secured by the aforesaid escrow account shall include but not be limited to staff time in excess of that covered by the standard application fees; engineering consultant and legal consultant expenses incurred by the City of Orono in review and inspection of the improvements; any office and field checking; when necessary, setting grade and drainage requirements; general supervision; staking; testing; installation; cost of traffic control and street signs; drafting as-built drawings; and all other city staff administrative and consultant services performed in relation to construction of the improvements. (Ord. No. 42 3rd series, § 1, 2-11-2008) https://www.municode.com/Iibrary/mn/orono/codes/code_of ordinances?nodeld=TITVILAUS_CH75REDECOES 2/2