HomeMy WebLinkAbout2016-00400 - escrow fee � '� CITY OF ORONO
2750 KELLEY PARKWAY * 2 0 1 6 — 0 0 4 0 0 *
DATE ISSUED: 04/2U2016
ORONO,NIN 55356-
(952)249-4600 FAX: (952)249-4616
ADDRESS : 2940 SIXTH AVE N
PIN : 28-118-23-31-0001
LEGAL DESC : UNPLATTED 28 118 23
: LOT 000 BLOCK 000
PERMIT TYPE : ESCROW FEE-APPLICANT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-APPLICANT
NOTE: THIS$1400 ESCROW IS TIED TO ZONING APPLICATION PERMIT 16-3828
APPLICANT ESCROW FEE-APPLICANT 1,400.00
TOTAL 1,400.00
Stonegate Farm Payment(s)
6851 FLYING CLOUD DR CHECK 4249 1,400.00
EDEN PRAIRIE,MN 55344
OWNER
Stonegate Farm
6851 FLYING CLOUD DR
EDEN PRAIRIE,MN 55344-
AGREEMENT AND SWORN STATEMENT
The work for which this permit is issued shall be perfortned according to
the approved plans and specifications,applicable City approvals,and the
State Building Code. 'This permit is for only the work described and dces
not grant permission for additional or related work which requires separate
permits. All 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 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
� � r .
LAND USE APPLICATION ESCROW AGREEMENT
application#�_- 3�,Z�
AGREEMENT made this�D day of ,20� by and between the CITY OF ORONO,
a Minnesota municipal corporation("City")and
(a corporation—optional�("Owners").
ecita�s
�• Owners have filed Zoning Application# /� - _3�a�� formaliy requesting the City ta
review plans for a_C.(JP � fZe�rtMg located at the property
addressed:_ 2��7v s H a.,,� Aj
legally descnbed as (�he"Subject Properiy°j
2• Owners request the City to review said plans which requires City approval and may ret�uire
consulting legal and/or engineering review.
3. The City is willing to commenoe its review of the applicatian and incur costs associated with said
review only if the Owners estabiish an escrow to ensure reimbursement to the City of its costs.
NOW THEREFORE,THE PARTIES AGREE AS FOLLQWS:
1. DEPOSIT OF ESCRO FUNDS. Contemporaneously with the execution of this Escrow
Agreement, the Owners shall deposit$ � .�0 with the City. All accrued interest, if any, shalf 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 reimbursemerrt to the City
for all out-of-pocket costs the Ciry has incurred(induding planning,engineering, or legal consultant review)or will
incur in meeting with the Owners,revie ing the plans,and prepa�ing agenda packet mat�ial for City Council review
of application#� - �. Eligible expenses shall be consisteM with expenses the Owners would
be responsible for under a land use application.
3. MONTHLY BILLING. As the City receives consultant biHs for incurred costs, the City will in turn
send a bill to the Owners. Owners shail 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 Owmers do not make
payment to the City within the timeframe outlined in #t3 above, shall cease ail 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 eligible expenses the City has incurred.
5. CL031NG 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 successfully completed and
whether it is appropriate to return 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 UMPAID 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 ihe
subject property pursuant to Minn.Stat.§§415.01 and 366.012.
CITY: CITY OF ORONO OWN S:
By: �11�.� By.
Its: Its��� . ' '`�'G
Intemal Use Only: 0 Original to Plartning Deparbnent 0 Copy to Zoning File G Copy to Street File
CUP Application—January 2016
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