HomeMy WebLinkAbout2013-00663 - escrow fee � -- CITY OF ORONO * 2 0 1 3 — 0 0 6 6 �
2750 KELLEY PARKWAY pATE ISSUEn: 07/17/2013
ORONO, MN 55356-
(952) 249-4600 FAX: (952) 249-4616
ADDRESS : 1645 SHADYWOOD RD
PIN : 17-117-23-22-0013
LEGAL DESC : LINPLATTED 17 117 23
: LOT 000 BLOCK 000
PERMIT TYPE : ESCROW FEE-APPLICANT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-APPLICANT
NOTE: THIS$2500 ESCROW IS TIED TO ZONING APPLICATION 13-3622-PD CHECK#001013 BY LANDSOURCE
APPLICANT ESCROW FEE-APPLICANT 2,500.00
LANDSOURCE ESCROW FEE-DEVELOPER 0.00
3925 CHERRY AVE
MOUND, MN 55364- TOTAL 2,500.00
OWNER
LANDSOURCE
3925 CHERRY AVE
MOUND, 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 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 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 are
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 Application # I 3 - 3(fl��
AGREEMENT made this�T day of � , 20 � �, by and between the CITY OF
ORONO, a Minnesota municipal corporation ("City") and I..�a�� So r�e �.L�C
[a corporation—optionaQ ("Owner").
Recitals
1. Owner has filed Zoning Application#�� - 3lpa�formally requesting the City to review
plans for located
at � lP'� h � wo-o c�. R the
"Subject Property")as more ully shown an described on Exhibit"A" attached hereto.
2. Owner requests the City to review said plans which requires City approval including
3. The City is willing to 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 Owner shall deposit $ oZ DO 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 Owner, reviewing the plans, and preparing agenda packet material for City Council
review of application# ! ?S - �3 fO��. Eligible expenses shall be consistent with expenses the Owner
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 Owner. Owner shall be responsible for payment to the City within 30 days of the Owner's receipt
of bill.
4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owner 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 Owner to reimburse the City for eligible expenses the City has incurred. The City shall
notify the Owner 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 Owner shall deposit additional sums as
directed by the City, or the City shall discontinue all review.
5. CLOSING ESCROW. The BaJance on deposit in the escrow, if any, shall be returned to the
Owner when the review has been completed.
6. CERTIFY UNPAID CHARGES. If the project is abandoned by Owner, 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 RO O OWNER
gy: � � ----�-�� ' �'r��
�
r
Its: �',v�uti.�� _ icc."`��� Its:
Packet Last Updated: 03/29/13
Page 10 of 31