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HomeMy WebLinkAbout2011-00507 - escrow fee '� �� ' CITY OF ORONO PERMIT NO.: 2011-00507 2750 KELLEY PARKWAY ORONO,MN 55356- DATE ISSUED: 06/22/2011 952 249-4600 FAX: 952 249-4616 ADDRESS : 1978 SHADYWOOD RD PIN : 17-117-23-24-0026 LEGAL DESC : SHADY-WOOD : 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#11-3514 APPLICANT ESCROW FEE-APPLICANT 2,500.00 PETERS,BRIAN TOTAL 2,500.00 1978 SHADYWOOD ROAD WAYZATA,MN 55391- OWNER PETERS,BRIAN 1978 SHADYWOOD ROAD WAYZATA,MN 55391- AGREEMENT AND SWORN STATEMENT The work for which this pertnit 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 permiu. 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. / / / / Applicant Permitee Signature Date Issued By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. , . , , Checklist for Refunding Building Permit Escrows Building Permit # ���-��1�' Street Address: q�� d � Applicant Name: �rial(L ��°1� � Escrow request received Date: I`�`�-� U���W" Permit Type: Are all inspections completed? Yes No If not, list what is outstanding: Was there a Temporary Certificate of Occupancy issued? Yes No Date: Was there a Final Certificate of Occupancy issued? Yes No Date: As-built survey required? Yes, approved on � �' � � � � NO NA Email CK & Bonestroo to see if there is any unbilled WIP. Date email sent: ( �"Z� � � ❑ Prepare memo for Finance Department 1�I�i � �1 ���—Q- C i �S c� � . �a►N ����' ��,.� ,�� �`v� �� z:\fortns�zoning standard fortns\checklist for refunding building pertnit escrows.doc Last Updated: 10-31-2011 . ' , ,.4 APPLICATION ESCROW AGREEMENT Zoning Application# 1� - �5i�' AGREEMENT made this_�day of _�i,1Y1L , 20 I I , by and between the CITY OF ORONO, a Minnesota municipal corporation("City')and�f;QI1 �f� [a corporation—opfionalJ ("Applicant"). Recitals 1. Applicant has filed Zoning Application# ��_ - J�� formally requesting the City to review plans for CC located at i the"Subject Property")as more ully shown and described on Exhibit"A"attached hereto. 2. Applicant 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 Applicant 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 Applicant shall deposit $ 6� 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 Applicant, revie ing the plans, and preparing agenda packet material for City Council review of application#�_ - �f� Eligible expenses shall be consistent with expenses the Applicant 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 Applicant. Applicant shall be responsible for payment to the City within 30 days of the ApplicanYs receipt of bill. 4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Applicant 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 Applicant to reimburse the City for eligible expenses the City has incurred. The City shall notify the Applicant 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 Applicant shall deposit additional sums as directed by the City, or the City shall discontinue all review. 5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be returned to the Applicant when the review has been completed. 6. CERTIFY UNPAID CHARGES. If the project is abandoned by Applicant, 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 APPLICA WNE . ,f � � By: � ' �By: / .�.- .�—. its: �c its: �w��.�.. - �o- . ��,.� , t� _� EXHIBIT "A" LEGAL DESCRIPTION l�.�s ��`S �-�,, 3`� �� - v�-�� - � - 11 -