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HomeMy WebLinkAbout2011-00164 - escrow fee � " • ' • CITY OF ORONO PERMIT NO.: 2011-00164 2750 KELLEY PARKWAY ORONO, MN 55356- DATE ISSUED: 03/17/2011 952 249-4600 FAX: 952 249-4616 REPRINTED ON 3/17/2011 ADDRESS : 1348 REST POINT CIR PIN : 07-117-23-31-0023 LEGAL DESC : REST POINT PARK LAKE MTKA : LOT O11 BLOCK 000 PERMIT TYPE : ESCROW FEE-OTHER PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-OTHER NOTE: THIS ESCROW IS TIED TO ZONING PERMIT#2011-00163 FOR REPLACING OF STAIRWAY TO THE LAKE AND ADDING A RETAINING WALL NEAR LAKE. APPLICANT ESCROW FEE-OTHER 2,500.00 JONES,RYAN&JAMIE TOTAL 2,500.00 1348 REST POINT CIR MOUND,MN 55364 OWNER JONES,RYAN&JAMIE 1348 REST POINT CIR MOLJND,MN 55364- AGREEMENT AND SWORN STATTMENT The work for which this permit is issued shall be performed according to the approved plans and specifications,applicable City apQrovals,and the State Building Code. This permit is for only the work described and does not grant permission for additional or related work whichl requires sepazate permits. All provisions of laws and ordinances goveming this type of work shall be compied with whether or not specified herein.This permit will expire and become null and void if construction authorized is not commenced within 180 days of the date of issuance,or if construction is suspended for a period of 180 days at any time after work has commenced. The applicant is responsible for assuring all required inspections aze requested in conformance with the State Building Code.This permit may be revoked at any time for due cause. � � ����1�(GG� c�l /7 / / Applicant Permitee Signature Date Is d By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. ZONlNG PERMIT ESCROW AGREEMEj�i7 OronoZoningPermit# 0�0//-OCJ/(c� AGREEMENT made this�day of , 2D/�, by and between the CITY OF ORONO, a Minnesota municipal corporation("City°)and �,��n ��� �.-.M,� S�n�S ("Ovs+ners"}. --7 Recitafs 1. A buildin permit applicafion has been filed for a zoning permif for a prope located at 13�Ig �+-�t�'+ G�f IMbJ�/ldl,unni ss3�`h� "Sub ect Pro e g y � � ( � p rty"}, le all described as L +- i� (2v_5t P+ �n1Z t-iennepin County Minnesota. 2. �wner requests the City to review this appiication. 3. The City wii!commence its review of the application and incur costs associated with said review only if the�wner estabEishes an escrow to ensure reimbursement to Ehe City of its costs. NOYV THEREFORE,THE PARTIES AGREE AS FOLLOWS: 1. QEPOSiT OF ESCROW FUNQS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit $ Z�—with the City. A!i accrued interesf, if any, shall be paid to the City to reimburse the City for its cost in administering the escrow account. 2. PURPOSE t)F ESCROW. The purpose of the escrow is to guarantee reimbursement to the City for all out-of-pocket costs the City has incurred (including p{anning, engineering csr legai consuliant rev'tew)or wili incur in reviewing tfie pfan. Eligible expenses shall be cansistent witfi expenses the Owners would be responsible for under a zoning permit application. The escrow wilt also guarantee reirnbursement to the City for ati out-of- pocket costs the City has incurred to assure that the work is completed in accordance with the Stormwater Poliution Prevention Plan and the provisians of Orono City Code Chapter 79. The financial security may also be used by the City to elimi�ate any hazardous conditions associated with the work and to repair any damage to public property or infrastructure that is caused by the work (including planning, engineering, or legal consultant review) associated with zoning per�►it# 0�0�!-OU��3if compliance with the approved zoning permit is r�ot accomp(ished. 3. MONTHLY BtLLtNG. As the City receives consulta�t triils for incurred costs, the City will in turn send a bi11 to the Owners. Qrn+ners sha#i be responsible for payment to the City within 3C1 days of the Owners' receipt of bill. 4. DISBURSEMENT FROM ESCROW ACCOIlNT. In the event that the Qwners do not make payment to the City within the timeframe ouflined in#3 above,shatl issue a Stop Work�rder untit the bwners pay atl expenses invoiced pursuant to#3. The City may draw from the escrow account without further approval of the Owners to reimburse the City for e(igible expenses the City has incurred. 5. CLOSING ESGROW. The Balance on deposit in the escrow, if any, shall be returned to the Owners when the review has been completed and wvritten notification is received from the Owners requesting the funds. 6. CERTIFY UNPAIQ CHARGES. If the project is ebandoned by Owners, or if the eligible expenses incurred by the City exceed the amount in escrow, the City shaA have the right to certify the unpaid balance to the subject property pursuant to Minn. Stat. §§415.01 and 366.012. CiTY: CITY OF ORONO OWMER: _ � By: ��- _ jl(�S Its: �-;� c..... t_ \� : ��c.�o r �'� ' ����;t��ti' ` �'. `�r;;,�.�,������t� .; '1�����Fi�e i