HomeMy WebLinkAbout2015-00107 - escrow fee � ' CITY OF ORONO
2750 KELLEY PARKWAY 'K z B 1 5 - P1 0 1 P1 7 *
DATE ISSUED: OU23/2015
ORONO,MN 55356-
952 249-4600 FAX: 952 249-4616
ADDRESS : 681 SANDSTONE CIR
PIN : 33-118-23-11-0042
LEGAL DESC : STONEBAY
: LOT 039 BLOCK 001
PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
NOTE: THIS$2500 ESCROW IS TIED TO 2015-00106
681 AND 683 SANDSTONE CIRCLE
APPLICANT ESCROW FEE-BUILDING 2,500.00
ESCROW FEE-EROSION CONTROL 0.00
STONEBAY BUILDERS LLC ESCROW FEE-GRADING
14870 BROCKTON LANE 0.00
DAYTON,MN 55327- T�T�- 2,500.00
(612)363-4304 Payment(s)
Minnesota State License#:BUIL-BC681308 CHECK i-�Y9� 2,500.00
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OWNER
Stonebay Builders LLC
14870 BROCTON LANE
DAYTON,MN 55327-
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 dces
not grant permission for additional or related work which requires separate
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 construcdon 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.
/ /
Applicant Permitee Signature Date Issued By Signature Date
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BUILDING PERMIT ESCROW AGREEMENT
Orono Building Permit# 2015 -�ICXp + ZA�- �k�(p�
AGREEMENT made this 2..3 day of i , 20 �J, by and between the CITY OF ORONO,
a Minnesota municipal corporation ("City") and C. ("Owners").
Recitals
1. A building permit application has been filed for �_�i r1�'\Oh�1,� located at
��( I-tl�S SAI'IdS40Ylt. Cf� the ("Subject Property"), legally described as 'h � �C�,K. t� 5�01'��
Hennepin County Minnesota.
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 AS FOLLOWS:
1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow
Agreement, the Owners shall deposit$2,500 with the City. All accrued interest, if any, shall be paid to the City to
reimburse the Ciry 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, in excess of $500, 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 building 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 cond�ions associated with the
work and to repair any damage to public property or infrastructure that is caused b the work (including planning,
engineering, or legal consultant review) associated with building permit #__�Ol�-OOIO�o if compliance with
the approved building permit is not accomplished. •� Zpl.S.(�p?�p�
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 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 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: CITY OF O N OW ER:
.
By:
its: �..� ,
tMernal Use Only: O Original to Finance Depardnent C Copy ta 3treet File
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2760 Kelley Parkway
Orono MN 55356 952-249-4600
Receipt No: 3.012672 Jan 23, 2015
Stonebay Buidlers
Previous Balance:
Permits .00
2015-00107 681 683
Sandstone Circ;e 2.500.00
101-22205
Deferred Rev-Developer Deposit
�
Total: 2,500.00
Check °______________
Check No: 111p 2,500.00
Payor:
Stonebay Buidlers
Total Applied:
2,500.00
Change Tendered: --- -'--'
.00
01/23/2015 03:43PM �