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HomeMy WebLinkAbout2011-00747 - escrow fee ., CITY OF ORONO PERMIT NO.: 2011-00747 r 2750 KELLEY PARKWAY ORONO, MN 55356- DATE ISSUEn: 07/27/2011 952 249-4600 FAX: 952 249-4616 ADDRESS : 2940 FOX ST PIN : 04-117-23-31-0017 LEGAL DESC : STUBBS FARM : LOT 001 BLOCK 001 PERMIT TYPE : ESCROW FEE-WETLAND . PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-WETLAND NOTE: THIS$4,000 ESCROW FEE IS A WETLAND BUFFER ESTABLISHMENT ESCROW APPLICANT ESCROW FEE-WETLAND 4,000.00 MEINS,DAVID&VALERIE TOTAL 4,000.00 2940 FOX ST LONG LAKE,MN 5535Cr OWNER MEINS,DAVID&VALERIE 2940 FOX ST LONG LAKE,MN 55356- 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 pertnits. 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 pertnit 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. • WETLAND BUFFER ESTABLISHMENT ESCROW AGREEMENT Permit#2011-00448 AGREEMENT made this �' � day of �' , 20� by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and • , � f� - ("Owners"). Recitals 1. A building permit application has been filed for a property located at 2940 Fox Street, the ("Subject Property"), legally described as Lot 1, Block 1, and Outlot A, Stubbs Farm, Hennepin County, Minnesota. 2. The City has reviewed and approved this application. 3. The scope of the project which is the subject of building permit #2011-00448 triggers the application of the City's wetland buffer requirement as estabiished by City Zoning Code Article XI Wetlands Protection 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 AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$4,000.00 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 the establishment and development of the required native wetland buffer and to reimburse the City for all out-of-pocket costs the City has incurred (including pianning, engineering or legal consultant review) or will incur in reviewing the pian. Eligible expenses shall be consistent with expenses the Owners would be responsible for as part of the establishment of the wetland buffer. The escrow will also guarantee reimbursement to the City for all out-of-pocket costs the City has incurred associated with permit #2011-00448 if compliance with the wetland buffer establishment is not accomplished. 3. MONTHLY BILLING. As the City receives consultant biils for incurred costs, the City wili 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 outiined in #3 above, shall issue a Stop Work Order 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, the native wetland buffer established and written notification is received from the Owners requesting the funds. 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: ITY OF ORONO OW ER: By: �' ItS: i vJ(�.w t� C' (r��er�al���lse:Only: ; `: 17.Original to PlanningDepartment 0 Copyto StreetEile