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HomeMy WebLinkAbout2011-01091 - escrow fee ; . • CITY OF ORONO PERMIT NO.: 2011-01091 2750 KELLEY PARKWAY ORONO,MN 55356- DATE ISSUED: 09/20/2011 952 249-4600 FAX: 952 249-4616 ADDRESS : 2690 RAINEY RD PIN : 04-117-23-43-0016 LEGAL DESC : TREES TO BE : LOT 003 BLOCK 002 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2500 ESCROW IS TIED TO ZONING APPLICATION I 1-3527 APPLICANT ESCROW FEE-APPLICANT 2,500.00 SMITH,JASON&JODY TOTAL 2,500.00 2690 RAINEY RD WAYZATA,MN 55391- OWNER SMITH,JASON&JODY 2690 RAINEY RD WAYZATA,MN 55391- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be performed according to the approved plans arld specifications,2pplicable City approvals,and the State Building Code.,This permit is fot only the work described and does not grant permission for additional or related work which requires separate permiu. All provisioas of laws and ordinances goveming this type pf work shall be wmpied wiUt whether or not specified herein.This permit will expire and become null and void if construction authorized is not commenced within I80 days of the date of issuance,or if consWctiOn is suspended for a period of 180 days at any time after work has comr►lenced. The applicant is responsible for assuring all required inspections ar6 requested in conformance with the State Building Code.This permit may be revoked at any time for due cause. / / / / Applicant Permitee Signature Date Issued By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. APPLICATION ESCROW AGREEMENT Zoning Appiication#�_ - ,?z;�� AGREEMENT made this�day of Seo�c.nbc_r , 20��� , by and between the CITY OF ORONO,a Minnesota municipal corporation ("City') and SAs��, u_ncA �"ad.�i �Sm �'�-�, ti,�sl��nd �..cQ r,�.-� ...fr�trs ��-' .4� ��F'�f c�-�-cd a�- ��o q c, h ,� /L��./ �U rl7'n n !�'1pi :'S 3� / [a corporation–optionalj ("Applicant"). Recitals 1. Appficant has filed Zoning Application#�_ - �Z formally requesting the City to review plans for �r�.•..� � � J- rc� e... �G rc,ti. located at �Z,� 3 the"Subject Propert�')as mo fully shown and described on Exhibit"A"attached hereto. 2. Applicant requests the City to review said plans which requires City approval including_�e 3. The City is willing to commence its review of the application and incur costs associated with said review only if the Appficant establishes an escrow to ensure reimbursement to the City of its costs. NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUND� Contemporaneously with the execution of this Escrow Agreement, the Applicant shall deposit $�v0�— 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 Applicant, reviewing the plans, and preparing agenda packet material for City Council review of application#�� - 4��_: Eligible expenses shall be consistent with expenses the Applicant 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 Applicant. Applicant shall be responsible for payment to the City within 30 days of the Applica�'s receipt of bill. 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Applicant does not make payment to the City within the timeframe outlined in#3 above, the City may draw from the escrow account without further approval of the Applicant to reimburse the City for etigible expenses the City has incurred. The City shall notify the Applicant of such draw and the nature of the expense for which the reimbursement is being made. If the Escrow amount falls below 75% of the original escrow amount the Applicant shall deposit additional sums as directed by the City, or the City shall discontinue all review. 5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be returned to the Applicant when the review has been completed. 6. CERTIFY UNPAID CHARGES. If the project is abandoned by Applicant, 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 rC O ,ORONO APPLICANT/OWNER: � ! J �,� � B •�„-.-_�_ By: �ts: Y11 �ts: - 10-