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ESCROW AGREEMENT <br /> AGREEMENT made this -day of * . -i. _ ' ,20 ,byAnd etween a CITY OF ORONO,a Minnesota <br /> municipal corporation("City")and 17wv:l or LIi,, (.- k drw. ,COwner(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 /> R Flied a zoning application# /7-394.5 <br /> ❑ Filed en application for a Building/Zoning Permit# <br /> o Agreed to comply with Orono City Code Section 78-1432 regarding accessory structures. <br /> o Filed an Individual Sewer Treatment System (ISIS)permit application. <br /> ❑ Requested to do work within public Right-of-Way <br /> o Filed a request fir Tam cor `:ertif cAt" r)rri inancy <br /> Other _ <br /> ("Application')on IaTir'i situated lnn he City and located at ZU?S Pe <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$??.QO ('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 /> • Zoning. 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 /> • Building/Zoning. 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 /> 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 /> • JSTS. 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 falls to do so. <br /> • Temporary Certificate of Occupancy. 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 /> Variance Amikation—Jenuery 2017 <br /> Pegs 9 <br />