Laserfiche WebLink
ESCROW AGREEMENT <br /> , 14 <br /> AGREEMENT made this _73 dap/rtw'VM ,21bx and between the CITY OF ORONO,a Minnesota <br /> municipal corporation ("City")and_kik m44 tfAP A:4h (•Owner(s)•). <br /> RECITALS <br /> A. The undersigned is/are the Owner(s)of the Subject Property and hereby agrees to and consentto the <br /> terms and conditions of this Escrow Agreement. <br /> B. Owner has: (check one) <br /> N.,' Filed a zoning application# / 7- 3 9 le7 <br /> o\ Filed an 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(ISYS)permit application. <br /> o Requested to do work within public Right-of-Way <br /> o Filed a request for a Temporary Certificate of Occupancy <br /> o Other <br /> CApplication')on land situated in the City and located at IMIED NOV4'1--15 Lt,g cD4' <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 /> DEPOSIT RIE 1RED. Contemporaneously with the execution of this Escrow Agreement,the Owner <br /> 9 shall deposit� ("Escrow") with the City necessary to secure coverage of the total costs <br /> associated with view, 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 /> • 7oninq. 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 ail other city staff <br /> administrative and consultant services performed In the processing of said review and approval. <br /> • Bulldina/Zoninq. The purpose of the escrow la 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 /> • )STS. 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 unwitting to honor the <br /> requirements of Chapter 58 of the Orono City Code, and al 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 ISIS If the Owner fails 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 /> valance Appicefhn—January 2017 <br /> Page 9 <br />