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Home My WebLink About2015-01456 - escrow fee , _. CITY OF ORONO * 2 0 1 5 - 0 1 4 5 6 * 2750 KELLEY PARKWAY DATE ISSUED: 11/1?✓2015 ` ORONO,MN 55356- 952 249-4600 FAX: 952 249-4616 ADDRESS : 725 SIXTH AVE N PI�1 : 26-118-23-44-0006 LEGAL DESC : UNPLATTED 25 118 23 : LOT 1 BLOCK 2 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : COMMERCIAL-BUSINESS CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: ESCROW TIED NEW STRUCTURE PERMIT#2015-01451-PAID BY:SPRING HILL GOLF CLUB-CK#32129-$2,500.00 APPLICANT ESCROW FEE-BUILDING 2,500.00 Spring Hill Golf Club Pa ment s TOTAL 2,500.00 725 SIXTH AVE N y � � CHECK 32129 2,500.00 WAYZATA,MN 55391- OWNER Spring Hill Golf Club 725 SIXTH AVE N 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 permits. Alt provisions of laws and ordinances governing this type of work shall be compied with whether or not specified herein.This permit will expire and become null and void if consUuction authorized is not commenced within I80 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 responsible for as ing all required inspections are requested in o rtnance w' e State Building Code.This permit may be � /� revoked a y ' e for e cause. � <� V (/ �� Appli t Permitee Signature Date Issued By Signa e Date '� � BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit# a?�7/S-l3��/ AGREEMENT made this �O��y of /�O �0�.�, by and between the CITY OF ORONO, a Minaesota municipal corporation("City")and - — ("Owners°). . Recita 1. A building ertnit application has been filed for �fl(�f1�(4��itl; �O�' �C�� Iocated at � he ("Subject Propert�'), legally described as LO 2 T,t, ^ Ct..v 2. Owners request the City to review this application which requires City approval and may require consultant legal and/or engineering review. , 3. The City witl commence its review of 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 the execution of this Escrow�qreement, 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. PURPOSE OF ESCROW. The purpose of the escrow is#o guarantee reimbursement to the City for all out-0f-pocket costs the City has incurred(including planning,engineering, in excess of$500,or legal consultant review) or will incur in reviewing the ptan. Eligible expenses shall be consistent with expenses the Owners would be responsible for under a building permit application. The escrow will also guarantee reimbursement to the City for all out-of-pocket costs the City has incurred to assure that the work is compteted in accordance with the Stormwater Pollution Prevention Plan and the provisions of Orono City Code Chapter 79.The financial security may also be used by the City to eliminate any hazardous conditions associated w�h the work and to repair any damage to public properky or infrastructure that is caused by the work (including planning, engineering, or legal consultant review) associated with building permit # 20/S -��f51 if compliance with the approved building permit is not accomplished. 3. MONTHLY BILLING. As the City receives consultant bills for incurced costs,the Gity will in tum send a bill to the Owners. Owners shali be responsible for p�yment to the City within 30 days of the Owners' receipt of bill. �4. DISBURSEMENT FROM ESCROW ACCOUNT. In the everrt that the Owners do not make payment to the City within the timeirame outlined in #3 above, shall issue a Stop Work Order until the Owners pay all expenses invoiced pursuarrt to#3. The City may draw from the escrow account without further approva)of the Owners to reimburse the City for eligible expenses the Cit�r has incurred. 5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be returned to the Owners when all requirements related to the project are complete. City Staff shall review the terms of this escrow agreement two times per year to determine whether the requirements of the project have been sucoessfully completed and whether it is appropriate to retum the funds. Owner may also request the release of the funds,and such funds shall be released upon City Staff receiving the appropriate verification that all requirements of the project have been successfully 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 prope ant to ' Stat.§§415.01 and 366.012. CITY: f OWN : BY= Its: na(9. C�Qt,�� 1 tr�'�et�tl,�6i�111y. ' °-i��g�tu��+3�t�R��ir�illi�lt � .`'�' ��'s�t��a Packet Last UpdaGsd: August 2015 Page 23 s r�.�_._..�..._._.'�paQ uo s�ep se�rqael�tIN�S � ' N `6 4 �"� . N � � � � 0 o City of Orono 0 2750 Kelley Parkway o Orono MN 55356 952-249-4600 � �t Receipt No: 3.014646 Nov 12, 2015 rn � N N Spring Hill Golf Club � M � Planning and Zoning � ^ 2015-01456 725 Sixth Ave 2,500.00 � � � N �i � �0�-222�5 � o v� � Deferred Rev-Developer Deposit m 'n --------------- � � U O Total: 2,500.00 C � z _______________ � o Check � Check No: 32129 2,500.00 � '� Payor: vi Spring Hill Golf Club � Total Applied: ______2,500_00 � Change Tendered: .00 A _______________ A 11/12/2015 10:03AM W a m �� x c� � � � � w 3 J fO ' o� � � _�� o a n �n�g � � � � 4 Zy�F p O ,,,� , Q,�,�� H w � , V Q a � Nan3 � � O .�j � o � O M z � �` ~ � -� � 1�-I � z° r�', r � Uc�tO J � � , J ,� a o �n 1 = q o � � N N ` � f 6 li � a � � � � i�