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HomeMy WebLinkAbout2015-01191 - escrow fee � ' �' CITY OF ORONO 2750 KELLEY PARKWAY * 2 0 1 5 - PJ 1 1 9 1 * DATE ISSUED: 09/16/2015 ORONO, MN 53356- 952 249-4600 FAX: 952 249-4616 ADDRESS : 2150 SHEVLIN DR PIN : 03-117-23-34-0020 LEGAL DESC : WEBBER HILLS : LOT 003 BLOCK 003 PERMTT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: THIS$2500 ESCROW IS T�ED TO DEMO PERMIT 201�01119 APPLICANT ESCROW FEE-BUILDING 2,500.00 TOTAL 2,500.00 LEWIN, SPENSER&KATIE Payment(s) 2150 SHEVLIN DR CHECK 2371 2,500.00 WAYZATA,MN 55391- OWNER LEWIN, SPENSER&KATIE 2150 SHEVLIN DR WAYZATA,MN 55391- AGREEMENT AND SW RN STATEMENT The work for which this permit is issued s�all be performed according to the approved plans and specifications,applicable City approvals,and the State Building Code. This permit is for on�y the work described and dces not grant permission for additional or relat�d work which requires separate permits. All provisions of laws and ordinahces goveming this type of work shall be compied with whether or not specified herein.This permit will expire and become null and void if constrwction 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 aR 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 1 � . ' , DEMOLITION PERMIT#2015-01119 � ESCROW AGRE�EMENT AGREEMENT made this�day of �20�by and between the CITY OF ORONO, a Minnesota municipal corpora ion ("City")and pencer Lewin ("Owners"). Recitals 1. An application for a demolition permit has been filed for a tennis court located at 2150 Shevlin Drive("Su�ject Property")legally described as Lot 3,Block 3,Webber Hills,Hennepin County,Minnesota. 2. In conjuhction with the demolition,erosion control measures are required as shown on attached Exhibit uA,. � NOW, THEREOFRE, TIHE 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 City for its cost in administering the escrow account. 2. PURPO$E OF ESCROW. The purpose of the escrow is to guarantee reimbursement to the City for all out-of-pocket costs (in�luding planning, engineering, or legal consultant review) the City has incurred to assure that the erosion control measures are installed and maintained so the property complies with the provisions of Orono City Code Chapter 79. The financial security may also be used by the City to eliminate any hazardous conditions associated with the work and to repair any damage to public property or infrastructure that is caused by the work. If compliance with the approved Land Disturbance Permit is not accomplished winhin the allowable time period,the City may bring the project into compliance by use of the security. 3. RIGHT QF ENTRY. The Owners hereby grant the City,its agents,employees,officers and contractors the right to enter the prop�rty to perform all work and inspections deemed appropriate by the City in conjunction with the required erosion contr�l measures, including but not limited to constructing or completing any and all of the agreed upon improvements shoul�!the Owners' contractor not complete thbse improvements by the date specified herein. 3. MONTH4Y BILLING. As the City receives consultant bills for incurred costs, the City will in turn send a bill to the Owners. Own$rs shall be responsible for payment to the City within 30 days of the Owners' receipt of bill. 4. DISBUR$EMENT FROM ESCROW ACCOUNT. ,In the event that the Owners do not make payment to the City within the timefname 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 fias incurred. 5. CLOSINf3 ESCROW. Any remaining amount of the financial security deposited with the City for faithful performance of the plans �nd specifications and any related remedial work will be released after the completion and inspection of all such mea�ures and the establishment of final stabilization for the Subject Property. City Staff shall review the terms of this es�row agreement two times per year to determine whether the requirements of the project have been successfully co pleted and whether it is appropriate to return the funds. Owner may also request the release of the funds,and such fund�shall be released upon City Staff receiving the appropriate verification that all requirements of the project have been su�cessfully 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. CITY O ORO `�"'�C J NEI� . By: Its: I�i�N-��--- � : � �,� � ,�y� -!� � ; � _ ,,., �.:, .� . .»� i 4 �. '�§ew,�tym ... �-:... � „ . � ,• �� . �� ,; � p Q ,:. , . .:.� � :.. , ,R; & T� �, e � .�: ;. : . ,