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Home My WebLink About2012-00944 - escrow fee ._ . j CITY OF ORONO * Z 0 1 2 - 0 0 9 4 4 * 2750 KELLEY PARKWAY DATE ISSUED: 09/19/2012 ORONO,MN 55356- (952)249-4600 FAX: (952)249-4616 ADDRESS � : 2700 SIXTH AVE N PIN I : 2g-118-23-42-0002 LEGAL DESC ' : FAZENDIN FOREST : LOT 001 BLOCK 001 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$10,000 ESCRdW IS TIED TO ZONING PERMIT 12-3579-PAID WITH CHECK#1217 BY JOHN LEIN PPLICANT ESCROW FEE-APPLICANT 10,000.00 LEIN,JOHN H ESCROW FEE-DEVELOPER 0.00 PO BOX 177 TOTAL 10,000.00 LONG LAKE,MN 55356-0177 OWNER LEIN,JOHN H PO BOX 177 LONG LAKE,MN 55'356-0177 AGREEMEN I AND SWORN STATEMENT 1'he work for which this p�ermit is issued shall be performed according to the approved plans and sp�ecifications,applicable City approvals,and the State Building Code. Thi�permit is for only the work described and does not grant permission for�dditional or related work which requires separate permits. All provisions oIf laws and ordinances goveming this type of work shall be compied with wNether or not specified herein.This permit will expire and become null�d void if construction authorized is not commenced within 180¢ays of the date of issuance,or if construction is suspended for a period o�'180 days at any time after work has commenced. The applicant is respons�ble for assuring all required inspections are requested in conforman�e with the State Building Code.This permit may be revoked at any time for due cause. / / / / Applicant Permitee ignature Date Issued By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. LAND USE APPLICATION ESCROW AGREEMENT Application #12-3579 AGREEMENT made this 19th day of September 2012, by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and �;��v� �( � [a corporation—optional] ("Owners"). Recitals 1. Owners have filed Zoning Application #12-3579 formally requesting the City to review plans for preliminary plat review located at 2700 Sixth Avenue N the "Subject Property") as more fully shown and described as Lot 1, Block 1, Fazendin Forest, Hennepin County, Minnesota. 2. Owners request the City to review said plans which requires City approval including planning, engineerinq and leqal review 3. The City is willing to commence its review of the application and incur costs associated with said review only if the Owners establish an escrow to ensure reimbursement to the City of its costs. NOW THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit $10,000.00 with the City. All accrued interest, if any, shall be paid to the City to reimburse the City for its cost in administering the escrow account. 2. PURPOSE OF ESCROW. The purpose of the escrow is to guarantee reimbursement to the City for all out-of-pocket costs the City has incurred (including planning, engineering, or legal consultant review) or will incur in meeting with the Owners, reviewing the plans, and preparing agenda packet material for City Council review of application #12-3579. Eligible expenses shall be consistent with expenses the Owners would be responsible for under a zoning and subdivision application. 3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will in turn send a bill to the Owners. Owners shall be responsible for payment to the City within 30 days of the Owners' receipt of bill. 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owners do not make payment to the City within the timeframe outlined in #3 above, shall cease all reviews until the Owners pay all expenses invoiced pursuant to #3. The City may draw from the escrow account without further approval of the Owners to reimburse the City for eligible expenses the City has incurred. 5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be returned to the Owners when the review has been completed. 6. CERTIFY UNPAID CHARGES. If the project is abandoned by Owners, or if the eligible expenses incurred by the City exceed the amount in escrow, the City shall have the right to certify the unpaid balance to the subject property pursuant to Minn. Stat. §§415.01 and 366.012. CITY: �lj_�Y QF ORONO OWNERS' .� " J/l�V ` By: � ,� �(/� By: �� ts: r� W�W ��.�e�� gy. Its: ��sern�"��se�C?��r.. �1;�� p�c�ietit��s�f�� te .M. � ��le �i �i�r��t`�t��Str�e#-F