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Home My WebLink About2011-01008 - escrow fee , , , CITY� OF ORONO PERMIT NO.: 2011-01008 . 2750 KELLEY PARKWAY � ORONO,MN 55356- DATE ISSUED: 09/06/2011 952 249-4600 FAX: 952 249-4616 ADDRESS : 1350 REST POINT LA PIN : 07-117-23-32-0039 LEGAL DESC : SUBD REST POINT PARI�LAKE MTKA : LOT 021 BLOCK 000 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$600.00 ESCROW IS TIED TO ZONING PERMIT#2011-00992 APPLICANT ESCROW FEE-APPLICANT 600.00 HOXIE,MIKE TOTAL 600.00 1350 REST POINT LA , MOLJND,MN 55364 OWNER HOXIE,MIKE 1350 REST POINT LA ' MOLJND,MN 55364- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be performed according to ' the approved plans and specifications,applicable City approvals,and the State Building Code. This permit is for only the work described and does ' not grant permission for additional or related work which requires sepazate permits. All provisions of laws and ordinances governing this type of wor�k shall be compied with whether or not specified herein.l'his 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 I suspended for a period of 180 days at any time after work has commenced1 The applicant is responsible for assuring all required inspections aze requested in conformance with the State Building Code.This permit may l�e revoked at any time for due cause. / / / / Applicant Permitee Signature Date Issued By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. � ' ZONING P�RMIT ESCROW AGREEMENT , ' I�ermit#2011-00992 AGREEMENT made this�day af , 20�, by and befinreen the CITY OF ORONO, a Minnesota municipal corporation ("City") and Micha I & Karmen Hoxie("Owners"). Recitals 1. A building permit application has been filed for a zoning permit for a property located at 1350 Rest Point Lane the ("Subject Property"), legally described on Exhibit A. 2. Owner requests the City to review this application. 3. The City will commence its review of the application and incur costs associated with said review only if the Owner establishes an escrow to ensure reimbursement to the City of its costs. NOW THEREFORE,THE PARTIES AGREE AiS FOLLOWS: 1. DEPOSIT Of ESCROW FUINDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$600.00 rivith the City. All accrued interest, if any, shall be paid to the City to reimburse the City for its cost in administering�he escrow account. 2. PURPOSE OF ESCROW. Th� purpose of the escrow is to guarantee reimbursement to the City for all out-of-pocket costs the City has incurred (including planning, engineering or legal consultant review) or will incur in reviewing the plan. Eligible expenses shall be consistent with expenses the Owners would be responsible for under a zoning permit application. The escrow will also guarantee reimbursement to the City for all out-of- pocket costs the City has incurred to assure that the work is completed in accordance with the Stormwater Pollution Prevention Plan and the provisions of Orono City Code Chapter 79. The financial security may also be used by the City to eliminate any hazardous conditions associated with the work and to repair any damage to public property or infrastructure that is caused by the work (including planning, engineering, or legal consultant review)associated with permit#2011-00992 if compliance with the approved zoning permit is not accomplished. 3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will in turn send a bill to the Owners. Owners shall be responsible for payment to the City within 30 days of the Owners' receipt of bill. 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owners do not make payment to the City within the timeframe outlined in#3 above, shall issue a Stop Work Order until the Owners pay all expenses invoiced pursuant to #3. The City may draw firom the escrow account without further approval of the Owners to reimburse the City for eligible expenses the City N�as incurred. 5. CLOSING ESCROW. The E�alance on deposit in the escrow, if any, shall be returned to the Owners when the review has been completedland written notification is received from the Owners requesting the funds. 6. CERTIFY UNPAID CHARGE$. If the project is abandoned by Owners, or if the eligible expenses incurred by the Ci exceed the amount in escrow, the City shall have the right to certify the unpaid balance to the su ' pro rty purs to Minn. Stat. §§415.01 and 366.012. CITY: C OWN � i By: its: _ . _. �._ � .. __ _ :,�� ,:. �.. ..� __.� �.�.,. ��r.�� ib��- f� . . , ��n 2.��t C�o�'Z. l��o �e.sf �b�nt- l.an � LEGAL DESCRIPTION OF PREMISES : That part of Lot 21 in Subdivision of Lot 14, Rest Point Park Lake Minnetonka, lying northerly of a line running frorn the Southwest corner of said Lot 21 to a point on the easterly line of Lot 16�, said subdivision, distant 1.00 foot southerly from the Northeast corner of said Lot 16, including ad jacent half of vacated alley.