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HomeMy WebLinkAbout2010-00475 - escrow fee w .� CITY OF ORONO PERMIT NO.: 2010-00475 ' 2750 KELLEY PARKWAY � - ORONO, MN 55356- DATE ISSUED: 06/14/2010 952 249-4600 FAX: 952 249-4616 ADDRESS : 2100 SHADYWOOD RD PIN : 17-117-23-31-0041 LEGAL DESC : WILEYS PARK LAKE MTKA : LOT 030 BLOCK 001 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: THIS$2500.00 ESCROW PAYMENT WAS RECEIVED ON 5/26/2009 FOR BUILDING PERMIT 2009-00249 ENTERED INTO PERMIT WORKS 6/14/2010 APPLICANT ESCROW FEE-BUILDING 2,500.00 MARHULA,DAREN TOTAL 2,500.00 2100 SHADYWOOD RD WAYZATA,MN 55391- OWNER MARHULA,DAREN 2100 SHADYWOOD RD WAYZATA,MN 55391- AGREEMENT AND SWORI�i 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. A11 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 consWction 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. , 1 BUILDING PERMIT ESCROW AGREEMENT � q AGREEMENT made this�day of , 20n I, by and between the CITY OF ORONO, a Minnesota rnunicipal corporation ("C' y") and Daren C. Marhula (°Owner°). Recitals 1. Owner has filed an Application for a building permit formally requesting the City to review plans for a new principal structure located at 21�0 Shadywood Road the "Subject Property", as more fully shown below: Lot 30, Block 1, W1LEY'S PARK, LAKE MINNETONKA, except that part thereof lying northwesterly of a line drawn northeasterfy from the most westerly comer of said lot to the shore of Lake Minnetonka, which line forms an angle of 80 degrees 36 minutes with the southwesterly tine of said lot, at the most westerly carner of said lot, Hennepin County, Minnesota. 2. Owner requests the City to review said pfans which requires City approval including grading. 3. The City will commence its review af 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 fhe execution of this Escrow Agreement, the �wner shall deposit $2,50Q with the City. AIE 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, in excess of $500, or legal cansultant review) or wil( incur in reviewing the plan. 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 tum send a bill to the Owner. Owrier shall be responsible for payment to the City within 30 days of the Owner's receipt of bill. 4. DISBURSEMENT FROM ESCR�3W ACCOUNT. In the event that the Owner does not make payment to the City wi�hin 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 C�y has incurred. The City shall notify the Owner 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 review and post a Stop Work Order. l • 4. CLOStNG ESCROW. The Balanc� on deposit in the escrow, if any, shall be retumed to the Owner when the review has been completed and written notification is received from the Ovmer requesting the funds. 5. 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: CI ^ O RD OWNER: By: � By. c�� �P�cr� 1�,�R H v� �ts: �u��v '(-C� ���ry✓ STATE OF MINNESOTA ) )ss. COUNTY OFHENNEPIN ) The foregoing instrumenf was acEcnowledged before me fhis�6� �day of u , 20,.,�_, by Daren C. Marhula the Owner. ��""�' CHRISTOPHER GREGORY PALM � �7 - NOTARY PUBLIC Notary Public WIINNESOTA „�.!! I�ry C�anadalon Expine J�.3t,2013