2013-00128 - escrow fee - Laserfiche WebLink

Home Browse Search

NOW, THEREFORE, THE PARTIES TO THIS AGREEMENT AGREE TO THE FOLLOWING: 1. Owners may retain the existing nonconforming accessory structure(s), the Sheds, subject to the following conditions: A) Owners agree to obtain a building permit for construction of the replacement residence within 60 days of demolition; to begin construction on the new residence within 120 days of demolition; and to complete all exterior work within 1 year of building permit issuance and receive a Certificate of Occupancy within 2 years of building permit issuance. B) The Owners agree to submit an escrow in the amount of $2500.00 with the demolition permit. The escrow shall be held until the as-built foundation survey is submitted for the new residence. C) In the event that any activity described in item A has not been accomplished within the defined timeframe, the Owners shall remove the Sheds at the Owners' expense. D) If the Owners fail to perform their removal obligations per the above provisions, the Owners hereby agree as follows: 1) The City may enter upon the property and remove the Sheds. 2) The City may assess any costs of removal to the subject property which exceeds the escrow. 2. This Agreement shall be binding upon current and future owners of Subject Property, and shall be filed within the chain of title of the Subject Property. 3. The Owners of the Subject Property consent to the execution of this Agreement and to its terms,as shown by their signature(s)upon this document. 4. Owners shall indemnify and hold harmless the City, the City Council,and the agents and employees of the City from and against all claims, damages,losses or expenses,including attorney fees, which the City, City Council and agents and employees of the City may suffer or for which it may be held liable, arising out of or resulting from the assertion against them of any claims, debts or obligations in consequence of the performance of the terms of this Agreement. Page 2 of 4