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HomeMy WebLinkAboutEscrow Refund Planning & Zoning Department Memo To: Finance Department From: Christine Mattson, Planning Assistant Qfir\ CC: Street File Date: January 19, 2016 G/L: 101-22205 Re: Escrow Refund Building Permit#2015-01294 pertaining to 575 Oxford Road is complete. Please refund $700 to the applicant, Sean Wambold. The following is attached: • Original signed escrow agreement • Copy of cash register receipt showing escrow amount received Mail to: Sean Wambold 575 Oxford Road Wayzata, MN 55391 w:\street files\oxford rd\575\escrow refund 2015-01368.docx BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#2015-01294 AGREEMENT made this 9 )-- day of OL,T , 20 f:5 by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and Sean Wambold ("Owners"). Recitals 1. A building permit application has been filed for a porch located at 575 Oxford Road the ("Subject Property"), legally described as that part of Lot 2, Block 1, which lies westerly of the plat of Fox Hollow, Klitzke Addition, Hennepin County Minnesota. 2. Owners request the City to review this application. 3. The City will 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 Agreement, the Owners shall deposit $700 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 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 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 building permit #2015-01294 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 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 issue a Stop Work Order 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 and written notification is received from the Owners requesting the funds. 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. CITY: CITY OF ORONO 'WN R: A By: alsiehitu mostio 41 WM 1111111. Its: -13tannl / zz Internal Use Only: 0 Original to Planning 0 Copy to Property Owner 0 Copy to Street File S. WAMBOLD 75-870/919 M.WABOLD 14 314 M 14605 WOODHAVEN ROAD MINNETONKA,Cith/ MN 55345 /� PM DATE ID-7,/,- Eq JShield�` ---c. PAY PAYTOp /l /!�✓9 ljt fStrt) - 0. - ORD F t.� ..'•'v � $ 700 .00 U IAAJWIFH cvRx V ' "' �7' Y o- DOLLARS Ink EAC /p p N 19765 Highway Seven .,, ' B L vY/�ll1%1NN Shorewood,Minnesota 55331 Responsive.Reliable.Reassuring.. (952)474-7309 MEMO V VV"` ice` Via/144 A4A61 NP I:0 9 19087001: 1 21. 2961311' 14314 LOOK FOR FRAUD-DETERRING FEATURES INCLUDING THE SECURITY SQUARE AND NEAT-REACTIVE INK.DETAILS ON BACK. CI ZI CD •• x 7 3 ..03 11.'-h- N .- . 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I'� t * 20 1 S - 0 1 368 * 2750 KELLEY PARKWAY DATE ISSUED: 10/22/2015 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 575 OXFORD RD PIN : 05-117-23-41-0029 LEGAL DESC : KLITZKE ADDN : LOT 002 BLOCK 001 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: THIS$700 ESCROW IS TIED TO BUILDING PERMIT 2015-01294 APPLICANT ESCROW FEE-BUILDING 700.00 TOTAL 700.00 WAMBOLD, SEAN&MELISSA Payment(s) 575 OXFORD RD CHECK 14314 700.00 LONG LAKE,MN 55356- OWNER WAMBOLD, SEAN&MELISSA 575 OXFORD RD LONG LAKE,MN 55356- 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 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