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HomeMy WebLinkAbout2014-00151 - escrow fee ' � CITY OF ORONO � 2750 KELLEY PARKWAY * 2 0 1 4 — 0 fd 1 5 1 * DATE ISSUED: 02/19/2014 ORONO, MN 55356- 952) 249-4600 FAX: 952) 249-4616 ADDRESS : 2765 SHADYWOOD RD PIN : 21-117-23-24-0060 LEGAL DESC : REG. LAND SURVEY NO. 0415 : LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$700 ESCROW IS TIED TO LAND USE APPLICATION#14-3656-PAID CHECK# 1278 APPLICANT ESCROW FEE-APPLICANT 700.00 ESCROW FEE-DEVELOPER 0.00 RANDGAARD,THOMAS TOTAL 700.00 1730 KENWOOD PKWY MINNEAPOLIS,MN 55405- Payment(s) CHECK 1278 700.00 OWNER RANDGAARD,THOMAS 1730 KENWOOD PKWY MINNEAPOLIS, MN 55405- 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 pertnission 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 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 . �� LAND USE APPLICATION ESCROW AGREEMENT Application#�_- �II�� AGREEMENT made this�day of , 20�, by and between the CITY OF ORONO, a Minnesota municipal corporation ("City")and [a corporation—optionaq ( Owners ). Recitals 1. Owners have�led Zonin Ap I� tion# � - �'✓� formally requesting the City to review plans for a � O C located at the property addressed: �1 (the"Subject Property°y legaliy describe as e -t H 1 �- �T r . 2. Owners request the City to �eview said ptans which requires City approval and may require consulting legal and/or engineering review. 3. The City is willing to commence its review of the application and incur casts associated with said review only if the Owners establish 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 executian of this Escrow Agreement, the Owners shall deposit$ 1d0•Cf�l with the City. All accrued interest, if any, shall be paid to the City to�eimburse the City for its cost in administering the escrow account. 2. PURPOSE OF ESCROW. The purpose of the escrow is to guarantee reimbursement ta 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 theQ�ers, reviewing the plans, and preparing agenda packet material for City Council review of application #�9' - _,�,��D,�Q. Eligible expenses shall be consistent with expenses the Owners would be responsible for under a tand use application. 3. MONTHLY BI�LING. As the City receives consultant bills for incurred costs, the Ciry will in tum send a bill to the Owne�s. 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 cease all reviews 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 eligibte 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. 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•_�TY OF 0 ONO OWNERS: ey. ` 1 ,�' ��� �.. 9y: I�S. `� �ts: PROPERTY OWNER -•-- ---.. ._ -- - -- - _ _, .- . .�..__. - . ,m _. - --- , ... G�opy bo 8troet File Internal Use._Only: : Q Or�ginal to Finance Department __ O Copy toiZoning File Packet Last Updated: January 2014 Page f 0 of 27