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ORONO BUILDING PERMIT ESCROW AGREEMENT t
Demolition Permit#2010-00070 and Building Permit#2010-00069
AGREEMENT made this 12- day of cCbru a^'y , 2010, by and between the CITY OF ORONO, a
Minnesota municipal corporation ("City") and Timothy&Juliann Hadden ("Owners").
Recitals
1. Permit applications have been filed for demolition of the existing residence and construction of a
new principal structure located at 2655 Shadywood Road the ("Subject Property"), legally described as: That
part of Lots 22 and 23, "Pheasant Lawn"lying northerly of a straight line drawn from a point in the southeasterly
line of said Lot 22, distant 27 feet southwesterly of measured along said southeasterly line of said Lot 22 from the
northeasterly corner of said Lot 22 to a point in the northwesterly line of Lot 23, "Pheasant Lawn", distant 30 feet
northeasterly of, measured along said northwesterly line of said Lot 23 from the most westerly corner of said Lot
23, Hennepin County Minnesota.
2. Owner requests the City to review these applications.
3. The City will commence its review of the applications 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
Agreement, the Owner 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 to guarantee reimbursement to the City
for all out-of-pocket costs the City has incurred (including planning, engineering, in excess of $500, or legal
consultant review) or will incur in reviewing the plan. Eligible expenses shall be consistent with expenses the
Owner 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 completed 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 with the
work and to repair any damage to public property or infrastructure that is caused by the work (including planning,
engineering, or legal consultant review) associated with permits 2010-00069 and 2010-00070 if compliance with
the approved building permit is not accomplished.
3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will in turn
send a bill to the Owner. Owner shall be responsible for payment to the City within 30 days of the Owner's receipt
of bill.
4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owner does not make
payment to the City within the timeframe outlined in#3 above, the City may draw from the escrow account without
further approval of the Owner to reimburse the City for Eligible expenses the City has incurred. The City shall
notify the Owner the Owner of such draw and the nature of the expense for which the reimbursement is being
made. If the Escrow amount falls below 75% of the original escrow amount the Owner shall deposit additional
sums as directed by the City, or the City shall discontinue review and post a Stop Work Order.
4. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be returned to the
Owner when the review has been completed and written notification is received from the Owner requesting the
funds.
5. CERTIFY UNPAID CHARGES. If the project is abandoned by Owner, 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.
CITY: ITY OF ORONO OWNER.)./
By: / ��C______-- By: � / /
Its: rt.A\-o,r- B • d1.
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Internal Use Only: 0 Original to Finance Department 0 Copy to Street File
Checklist for Refunding Building Permit Escrows
Building Permit # 2O1,6 -COO(OCI 200 -00070
Street Address: 'LLQ Sko4vicod ( o '.J rir0 21.000
Applicant Name: T YYtpy v- utiQnn Heade,,\
OkEscrow request received Date: L- ,::-C
Permit Type: bNem Com-hr
I t ► -
Are all inspections completed? 410 No
If not, list what is outstanding:
Was there a Temporary Certificate of Occupancy issued? Yes No Date:
Was there a Final Certificate of Occupancy issued? Yes No Date:
As-built survey required? Yes, approved on 2_ -20 l I NO NA
❑ Email CK & Bonestroo to see if there is any unbilled WIP. Date email sent:
❑ Prepare memo for Finance Department
z:\forms\zoning standard forms\checklist for refunding building permit escrows.doc
Last Updated: 10-31-2011
Checklist for Refunding Variance / Land Use Escrow
Variance # P '3423
Street Address: L(a 51(atdjWooa CNo\ J Lnov✓ 03 Ado P -'
Applicant Name: `ii YVI l tt_ iulia r Irlitaicy l
Os- Escrow request received Date: ' .i.) 0
Is the resolution signed? es No
4( As-built survey? Yes No Approved:
❑ Email CK & Bonestroo to see if there is any unbilled WIP. Date email sent:
❑ Prepare memo for Finance Department
Peter Zimmerman to note in spreadsheet titled DevDeposits2010.xlsx' refund was made.
z:\forms\zoning standard forms\checklist for refunding variance escrows.doc
December 23,2010
Permit Works
Fite transaction _ Reports
Geobase Property Record
2Permit I_ IX
\r°Permit>3; 010-00069 I -1,�/ 1)UPermit Addresar 1;2600 pheasant Rd f' /�
(50
Gene.al j Fees LinsPectioll.(!1`Notes I Applicant Detail I CO Detail I —'—
Seq Inspection Type Inspector Date Status H Fee Rec +[ \\
1 Eridon Pre e thou Inspection 'v�P�IE 11/1812010 P I 0 \ `
2 Footing WGIB 3/8/2010 P Y 0
3 Foundation Survey WGIB .11/18/2010 P Y 0
4 Poured Wall WGIB 3/9/2010 P Y 0
5 Framing WGIB '..4/23/2010 P Y 0
6 Insulation WGIB '4!292010 P 0
. 7 Manometer Test with Final WGIB 11/18/2010 P Y 0
8 As-Built Survey WGIB 2/92011 P Y 0
9 Final WGIB 782010 P N 0
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