2017-01276 - escrow fee - Laserfiche WebLink

Home Browse Search

3. MONTPU Y BALLING. The City will monthly forward to the Owner a statement and bit for the expenditures incurred by the City for staff and consultant services. Such statements shat be due and payable within 15 days for receipt by the Owner. No statement will be sent if there are no expenses incurred in the period since the most record statement The City shall itemize all tine,services,and materials billed to any Owner and said tine, services,and matertahs shall be in accordance with the rules,regulations,and fees as promulgated and adopted by the City Council. 4. DRIBUR?EI ENT FROM ESCROW ALIT. In the event the Owner does not make payment the City as required under paragraph 3,the City may draw from the Escrow without further approval cite Owner to reimburse the City for eligible expenses the City has incurred. The City shall periodically notify the Owner of the draws the City has made and the nature of the expense for which the reimbursement is being made. IL REIMBURSEMENT OF ESCROW. The Owner shall reimburse the Escrow fund for any decks caused if the amount actually expended by,or billed to,the City exceeds the escrow fund balance. 6. BINILSEEDIM • Zam This section is not appIcable. • Mita. This section is not applicable. • Pdxxresory aisgl re The Owner hereby grants the Cty, is agents, employees, officers and contactors the right to enter the property to remove the accessory buiding(s)should the Owner not complete the removal oblgations in Orono City Code Section 18-1432. • The Owner hereby grants the City,its agents,employees,officers and contactors the right to enter the property to perform all work and inspections deemed appropriate by the City in conjunction with replacement of the septic system, including but not limited to constructing or completing any and all of the agreed upon improvements should the Owner not complete those improvements by the date agreed upon. • Temporary Certificate of Occuoancv. This section is not applicable. 7. NO INTEREST PAID. At accrued interest,if any,shall be paid to the City to reimburse the City for is cost in administering the Escrow account 8. CLOSING ESCROW. When the review has been completed or the project has been completed,the balance of the Escrow,if any,shall be returned to(check one): Owner Name: J u v`trot . ,e l Street Address/PO Box City/State/ZIP: Pt[J� iJ , ! 9. CERTIFED UNPAID CHAFEgS. If the Application is abandoned by Owner,or if the eligible expenses incurred erred by the Cty exceed the amount in Escrow.w, the City shat have the right to certify the unpaid balance to the Subject Property pursuant to Mtn Stat§§415.01 and 366.012. IN VATNESS WHEREOF,the undersigned have executed this Agreemerd as of the day and year first above written. CfTY OF ORONO: OYYNER(a): l (it BY: taleitiMO BY: Kith{ i, IVLEI c AV' ANN 4'�41 January 2017 4