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Home My WebLink About2014-00038 - escrow associated with Land Use 14-3647 . CITY OF ORONO * Z 0 1 4 - 0 0 0 3 B * � 2750 KELLEY PARKWAY DATE ISSUED: Ol/13/2014 ORONO, MN 55356- 952 249-4600 FAX: 952) 249-4616 ADDRESS : 1444 SHORELINE DR PIN : 11-117-23-22-0006 LEGAL DESC : UNPLATTED 11 117 23 : LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE-WETLAND PROPERTY TYPE : COMMERCIAL-BUSINESS CONSTRUCTION TYPE : ESCROW FEE-WETLAND NOTE: THIS$2500 ESCROW IS LAND USE APPLICATION 14-3647 APPLICANT ESCROW FEE-WETLAND 2,500.00 TOTAL 2,500.00 EOF INVESTMENTS LLC Payment(s) 10 STH STREET S#110 CHECK 11183 2,500.00 MINNEAPOLIS,MN 55402- OWNER EOF INVESTMENTS LLC 10 STH STREET S#110 MINNEAPOLIS, MN 55402- 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 t ' LAND USE APPLICAT ON SCROW AGREEMENT Applicatlon# I¢�� AGREEMENT made this�day of � tlr�� , 20�, by and between the CITY OF ORONO,a Minnesota municipal corporation(`City')and �D.f �r�4,�M��f� . �cn [a corpora�on—opttonalj("Owner'). Recitals - 1. Ovmers have filed Zoning A' lication # .. formally requesting the City to review plans for ��/ 7`An� ar�x+ �r�n-m�� n it+�'Ng �y n located at � �..n Y the"Subject Property")as more Ily shown and descrybed on Exhibn"A"attached hereto. 2. Owners request the City to review said plans which�equires Cfty approval i�cluding 3. The City is willing to commence tts review of the applicetion and incur costs associated with said review only if the Owners establish an escrow to ensure reimbursemerrt to the Ciry of its costs. NOW THEREFORE,THE PARTIE8 AGREE AS FOLLOW8: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$ S'��'with the City. All accrued interest, (f 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�the City for all out-of-pocket costs the City has incurred(including planning,engineering, or legat consuitant revlew)or wpl incur in meeting with the �ers, reviewing the plans, and preparing agenda packet mater�al for City Council review of application # 1 .3(04� . Eligible expenses shall be consistent with expenses the Owners would be responsible for under a zoning end subdivislon applicatfon. 3. MONTHLY BILUNG. As the City receives consultant bills for incurred costs, the City wil) in turn send a blll to the Owners. Owners shall be responsible for paymerrt to the City within 30 days of the Owne�s' receipt of biil. 4. DISBURSEMENT FROM ESCROW ACCOUNT. in the event that the Ovmers do not make payment to the City within the timeframe outltned in #3 above, shall cease all reviews urrtil the Owners pey all expenses invoiced pursuant to#3. The City may draw from the escrow accaunt without further approval of the Owners to reimburse the City for eligible expenses the City has incurred. S. CLOSING ESCROW. The Batance on deposit in the escrow, if any, shall be retumed to the Oumers when the review has been�mpleted. 6. CERTIFY UNPAID CHARGES. If the projsct is abandoned by Owners,or if the eligib�expenses - incurred by the City exceed the amount in escrow,the City shal!have the r�ght to cert(fy the unpald balance to the subject property pursuant to Mfnn.Stat.§§415.01 and 366.012. CITY: Y OF R O OWNERS: By: �`� Bv: . ��YVh� n� ��: �a-'�w�f� �� --a �� - - ��.--�-�i Pecket Last Updeted.� 032�''l3 Pege 10 of 29 a EXHIBIT"A" LEGAL DHSCRIPTION The following two parcels in Hennepin County, Minnesota: 1444 Shoreline Drive, Orono, Minnesota, PID 11-117-23-22-0006: Section 11 Townshi 117 Ran e 23 described as . ; _. �That part of Government Lot 1, , P � g � - -commencing at the meander corner on the North line of said Government Lot 1; ence -- --- ----------- —•- ` South 10 degrees East (assuming the North line of-said�Goveriurierit Lot t-as-bearing-- East and West) a distance of 764.88 feet to the actual point of beginning; thence North 67 degrees 48 minutes East to the shore of Lake Minnetonka; thence Southeasterly along � said shore to its intersection with a line bearing North 67 degrees 48 minutes East from a n� point which is on a line bearing South 10 degrees East and distant 61.39 feet from the '`~ actual point of beginning; thence South 67 degrees 48 minutes West to the shore line of Tanager Lake (formerly Mud Lake); thence Northwesterly along the shore of Tanager ``� Lake to its intersection with a line bearing South 67 degrees 48 minutes West from the � actual point of beginning; thence North 67 degrees 48 minutes East to the actual point of � �beginning. Address Unassigned, PID 11-117-23-22-0007: --b _ _ _ __ - - ____ _ _ cJ � That part of Government Lot 1, Secti�n 11, Township 117, Range 23 described as commencing at the meander corner on the North line of said Government Lot 1; thence South 10 degrees East (assuming the North line of said Government Lot 1 as bearing East and West) a distance of 826.27 feet to the actual point of beginning; thence North 67 �� degrees 48 minutes East to the shore of Lake Minnetonka; thence Southeasterly along said shore 60 feet more or less to an intersection with a line bearing North 67 degrees 48 `% �. minutes East from a point which is on a line bearing South 10 degrees East and Istant __ �� 6139 feet from the actual point of beginning; thence South 67 degrees 48 minute est to ' the shore of Tanager Lake (formerly Mud Lake); thence Northwesterly along the shore of Tanager Lake to an intersection with a line bearing South 67 degrees 48 minutes West from the actual point of beginning; thence North 67 degrees 48 minutes East to the actual � point of beginning. � Torrens property Packet tast Updated: 03/'29/13 Page 11 of 29 I . . YOUR BOAT CLUB LLC �LLS FARGO BqNK,N.A. �.�.�p� 10 S 5TH ST STE 110 ��Wellsfargo.com v MINNEAPOUS,MN 55402-1027 �7-vs�o PAYTO THE 01/09/2014 ORDER OF City of Orono q m 0 Two thousand five hundred ancl 00/100 '"*2�00.00 °W **..........*.*.................**.........**.t*.,t.*...�.*....�*..,,*......,..*,,..... � City of Orono 0 PO Box 66 DOLLARS LJ Crystal BaY, MN 55323 � a � MEMO U m rr�.rl�.cr.� 1��i�� /�'r'/��'/fr-��7 - •�..- � m LL . . . _ __. � � . . �. �.�. -- ��'0 0 0 0 0 i 1 18 3 u� �:0 9 L 0 0 0 D 19�; 2 6 2 9 8 �. �. ..�.+��UTHORIZEp SIGNATURE��.^ .�.`.-�.� i� 0 16 ,10u YOUR BOAT CLUB LLC 01/09/T.014 City of Orono Date Type 11183 01/06/2014 g�� Reference Origlnal Amount Balance Due Check Amount 2'S00.00 2,5b0.00 PaYment 2,500.00 2,500.00 Wells Fargo YBC Che ._ 2,500.00