HomeMy WebLinkAbout2010-00443 - escrow fee CITY OF ORONO PERMIT NO.: 2010-00443
2750 KELLEY PARKWAY
ORONO,MN 55356- DATE ISSUED: 06/10/2010
952 249-4600 FAX: 952 249-4616
DDRESS 2525 SHADYWOOD RD
IN : 20-117-23-11-0030
EGAL DESC LEACH ADDN
LOT 003 BLOCK 001
PERMIT TYPE ESCROW FEE-OTHER
PROPERTY TYPE COMMERCIAL-BUSINESS
ONSTRUCTION TYPE ESCROW FEE-OTHER
OTE: ESCROW APPLICATION 10-3471
2 25,2535,2535 SHADYWOOD ROAD
P ID BY CHECK 1010 CLAYHOLE LLC
APPLICANT ESCROW FEE-APPLICANT 20,000.00
INGELHUTZ DEVELOPMENT TOTAL 20,000.00
3 (0EHWY212
P.O.BOX 89
C ASKA,MN OX 89
OWNER
INGELHUTZ DEVELOPMENT
3 OEHWY212
P. . BOX 89
C SKA,MN OX 89
AGREEMENT,AND SWORN STATEMENT
T e work for which this permit is issued shall be performed according to
,he approved plans and specifications,applicable City approvals,and the
S to Building Code. This permit is for only the work described and does
n t grant permission for additional or related work which requires separate
p its. All provisions of laws and ordinances governing this type of work
sh II be compied with whether or not specified herein.This permit will
e ire and become null and void if construction authorized is not
co menced within 180 days of the date of issuance,or if construction is
s�'-
pended for a period of 180 days at any time after work has commenced.
T applicant is responsible for assuring all required inspections are
reuested in conformance with the State Building Code.This permit may be
re oked at any time for due cause.
/ 10 / 10
A plicant Permi ee Signature Date Issued By 6nature e
SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED A OV .
LAND USE APPLICATION ESCROW AGREEMENT
Application# 1 a - 34--7 t
AGREEMENT made this day of J u tit- 2010 , by and between the CITY OF
ORONO,a Minnesota municipal corporation ("City') and AG 1'.r a t t hvt z 'Dt v-t top M e M 4 Co .
[a corporation—optional] ("Owners").
Recitals
1. Owners have filed Zoning Application# ►O - 3 ?1 formally requesting the City to
review plans for use- �Ferw..4 s t w i�ZtV*ICIV i'r-:vaa l P(4-A,
located at t S Zs Z S3 S d Z S S SNQAeo 'ed V4 c4 9%aN
the"Subject Property")as more fully shown and descn ed on Exhibit"A"attached hereto.
2. Owners request the City to review said plans which requires City approval including CVP,
S• Pt6v1 1'G4"• P-%J prC.. -M A 4'.w4t e4as-evAe&0 VacCa'V• '0 V) .
3. The City is willing to commence its review of the application and incur costs associated with said
review only if the Owners establish 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
Agreement, the Owners shall deposit $20,000.00 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 to guarantee reimbursement to the City
for all out-of-pocket costs the City has incurred (including planning, engineering, or legal consultant review) or will
incur in meeting with the Owners, reviewing the plans, and preparing agenda packet material for City Council
review of application# 10 - S47 1 . Eligible expenses shall be consistent with expenses the Owners
would be responsible for under a zoning and subdivision application.
3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will in turn
send a bill to the Owners. Owners shall 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 Owners do not make
payment to the City within the timeframe outlined in #3 above, shall cease all 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. CLOSING ESCROW. The Balance on deposit in the;escrow, if any, shall be returned to the
Owners when the review has been 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.
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CLAYHOLE, LLC 1010
1560 BLUFF CREEK DR 75-0096/0912
CHASKA,MN 55318
PAY TO
/1 r Dote
ORDER OF N'U a Ovc -►b $ 2-0,Wo•c o
Masks OfB« .
BAN K.wEWEST-