HomeMy WebLinkAbout2016-01576 - escrow '� � CITY OF ORONO * 2 0 1 6 - a 1 5 7 6 *
2750 KELLEY PARKWAY DATE ISSUED: i?✓28/2016
ORONO,MN 55356-
(952)249-4600 FAX: (952)249-4616
ADDRESS : 1280 SPRUCE PL
PIN : 08-117-23-32-0027
LEGAL DESC : N/A
: LOT MB BLOCK O10
PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
NOTE: THIS$2500 ESCROW IS TIED TO BUILDING PERMIT 2016-01575
APPLICANT ESCROW FEE-BUILDING 2,500.00
RYAN,JOHN TOTAL 2,500.00
1280 SPRUCE PL Payment(s)
CHECK 2024 2,500.00
MOUND,MN 55364
OWNER
RYAN,JOHN
1280 SPRUCE PL
MOiJND,MN 55364-
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 governing this rype of work
shall be compied with whether or not specified herein.This permit will
expire and become null and void if construction suthorized 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
� _s„
BUILDtNG P�RMIT ESCRQW AGAEEMEMT
Orono Bui[ding Permtt� oZD/Lr-D/ 7.5
AGREENIENT made this ZZ�tlay of � , 20�by and betwee�ifie CITY OF ORONO,
a Minnesota municipai c�tporafion(°C�y"� 3'o�N G 1�,�lAni j't?wnecs").
Recitais
1, A building permit applicatian has been filed a
tocated at ,�Q S�r�c+� r�Ua�,e �"Subjecf Property°), �e9auy
des�n�ed as o�s �d- �{ I ccK t O SA G A H 1�.L RE v i s�� ,
2. Owners request the City to review this appiication.
3. The City will commence its review of the application and incur costs essociated with said review
oNy if the Owner estabtishes�n escrow fo ensure reimbu[sement to the City of ifs costs.
NQYV THEREFQRE,T#tE PARTIES AGREE AS FOLLOWS:
1. DEPOSIT OF E3CROW FUNDS. Confemporaneousiy with the execution of this Escrow
Agreement,the Owners shall deposit$2,500 with the City. Ali accrued inferss#, if any, shali be paid to the City to
reimburse the City for its cost in administerirrg the�scrow acoount.
2. PURPOSE OF ESCROW. The purpose of the escrow is ta guarantee reimbursement fo the City
for ap out-ofi poeket costs the City has 'incurred �including planning, enalneerfna, in �xcess of �5� or legaf
cansuftant reviewj or will incur in rev�wing the plah, Eligi�le exp�nses:shall be consisterrt with expense� the
Owners would be responsible for under a buiiding permit application.The escrow witl afso guarantee reimbursernent
to the City for ail out-af-pocket costs the Cit�r has ictcurred to assure tha�the v►�ait is co�npleted in ac�ordance with
the Stormwater Pollution Ptevention Plan and fhe provisions of Orono City Code Chapt�r 79.The financiat securi#y
may also be used by the City to eliminate any haz�rdous conditions assoCiated:with #he work arttl to repair any
damage to publie praperty �r infrastnarr�ure that is caused b}►the vvork {inciuding planning, engineering, or legal
e�nsuliant review3 associated uvith building permit#_�b/!o-O/57S if compliance with the approved
buiiding permit is not accomplished.
3. MONTHLY BILLING. As the City receives consultant bilis f�incu�red costs, the City w�ll in turn
send a biil to the Owners. Owners sh�1!be respansible fo�payment to the City wi�hin 30 days of the Owners'rec�ipt.
of bill.
4. DISBiJRSEMENT FROAA ESCROW ACGOUNT. In the event that the Owners do not make paymer�t to
#he City within the timeframe oudined in�ki above, shaU issue a Stop Wotk Order until th� C3v�mers pay all expertses
invofced�rsuant to�,3. The City may draw from the sscvvw account without fiMtser approva!of the Ovmers to reimburse
the Cityr fot eligible expenses the Cfty has Incurred.
5. CLOSING ESCRQW. The Bafance on deposit in the escrow,if any,shall be returned to the Owners
when all requirements relate�to the projsct are cflmptete. City Staff shall review the terms of this escrow agreement
two'�mes p�r year to tletermine whethe�tF►e fequirerr�nts of the project have:1�en 5uccessfully complsted and
whether it is appropriate to return the funds. Owner may also re�uest the telease rt►f the funds,and sucF�funds shall
be �eleased upon Gity Staff receiving the appropriate verification that a1f requirements of the project have been
successfuqy c�mpleted.
6. CERTlF�'UNPA#D CHARGE$. If the praj�t is aban ed by�wners, or if the eligible expenses -
incurred by the City�xceed the amount in es+crow, the City shall havQ h ' ht to certify the unpaid balance ta the
subject property pursuant to Minn,5ta�.§§415.01 anr1;366.012.
CITY: CITY OF ORONC! pyy
By:
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Lasf Ilptlatsd: January 20i6