The URL can be used to link to this page

Home My WebLink AboutRefunding of development agreement/Zoning Permit escrow aggreement w r Planning & Zoning Department Memo To: Finance Department From: Christine Mattson, Planning Assistant CC: Street File Date: November 24, 2014 G/L: 101-29205 Re: Escrow Refund The development of the property addressed 875 Wayzata Blvd W is complete. Please refund, in conjunction with the development agreement, $22,000. The check should be made payable to: Engelsma Limited Partnership. Mail to: Matt Alexander Kraus-Anderson Realty Company 4210 W Old Shakopee Road Bloomington, MN 55437-2951 w.\street files\wayzata blvd\875\escrow refund for development agreement.docx Christine Mattson From: Melanie Curtis Sent: Wednesday, November 19, 2014 1:22 PM To: Christine Mattson Subject: FW: Trails of Orono LOC Reduction (#11-3498) Please see below. Can you provide me with your Information on the escrow per their request? I don't know if that is enough"detail"but well see. Melanie Curtis IR 952.249.4627 ® mcurtis@cl.orono.mn.us From: Alexander, Matt[mailto:malexander@karealty.com] Sent: Wednesday, November 19, 2014 1:11 PM To: Melanie Curtis Subject: RE: Trails of Orono LOC Reduction (#11-3498) Great! Can you please make check out to Engelsma Limited Partnership and just send it to my attention. My accountant asked for a detail, if possible,of the$8K drawn on the escrow—which was originally$30k. Thanks, Matt S.Alexander I Director of Real Estate Development malexander a.karealty.com I direct 952-948-9401 Kraus-Anderson Realty Company 14210 W.Old Shakopee Road,Bloomington MN 55437-2951 Main 952/881-8166 I fax 952-881-8114 I www.krausanderson.com A Please consider the environment before printing this email. From: Melanie Curtis [mailto:MCurtis()ci.orono.mn.us] Sent: Wednesday, November 19, 2014 12:55 PM To: Alexander, Matt Cc: Nilson, Greg Subject: Re: Trails of Orono LOC Reduction (#11-3498) Correct. Sent from my iPhone. On Nov 19, 2014, at 12:49,Alexander, Matt<malexander@karealtv.com>wrote: Thanks Melanie—To be clear,the LOC was released last year and you are now refunding the $22k balance of escrow funds? Matt S.Alexander I Director of Real Estate Development malexander ar7.karealtv.com I direct 952-948-9401 Kraus-Anderson Realty Company 14210 W.Old Shakopee Road,Bloomington MN 55437-2951 Main 952/881-8166 I fax 952-881-8114 I www.krausanderson.com Please consider the environment before printing this email 1 Christine Mattson From: Melanie Curtis Sent: Monday, November 17, 2014 9:56 AM To: 'Matt Alexander Cc: Christine Mattson; David P. Martini Subject: FW: Trails of Orono LOC Reduction (#11-3498) Attachments: admin@ci.orono.mn.us_20130617_I42457.pdf Matt The City's engineer and I performed a site inspection and have determined the site to be in compliance with the approved plans and will be processing a release of the final escrow funds ($22,000 as indicated in the attached letter). Please remove all silt fencing remaining on site. Thank you for your patience and please contact me if you have any questions. Melanie Melanie Curtis Direct 952.249.4627 Planning &Zoning Office 952.249.4620 2750 Kelley Parkway, Orono, MN 55356 Email: mcurtis( ci.orono.mn.us Website: www.ci.orono.mn.us From: David Martini [mailto:davidmaftbolton-menk.com] Sent: Friday, November 14, 2014 2:05 PM To: Melanie Curtis Subject: Trails of Orono LOC Reduction Melanie, Based on our review,we recommend releasing the remaining escrow for the Trails of Orono. The site is established and the owner may remove the remaining silt fence on the site. David P. Martini, P.E. Principal Engineer Bolton & Monk, Inc. Consulting Engineers&Surveyors 2638 Shadow Lane, Suite 200 Chaska, MN 55318-1172 P: (952) 448-8838 ext. 2458 M: (612) 756-4315 F: (952) 448-8805 email: davidmaCa)_bolton-menk.com www.bolton-menk.com This email has been scanned by the Symantec Email Security.cloud service. For more information please visit http://www.symanteccloud.com i ,� CITY OF ORONO * Street Address: Mailing Address: Telephone(952)249-4600 1:4, ` 2750 Kelley Parkway P.O.Box 66 Fax (952)249-4616 r �' Orono,MN 55356 Crystal Bay,MN 55323 www.ci.orono.mn.us "ICES HO' 17 June 2013 Matt Alexander Kraus-Anderson 4210 West Old Shakopee Rd Bloomington, MN 55437 Re: Trails of Orono/875 Wayzata Blvd W-Authorization to Release Letter of Credit Ref.: Bremer Bank, N.A.; LOC No.S120010736; Dated June 24,2011 Per your request the City Consulting Engineer has inspected the Trails of Orono site and has determined that a majority of the work has been satisfactorily completed.Therefore, we are authorizing the release of your letter of credit as follows: LOC No. December Additional Final Reduction/ Amount to S120010736 Original 2011 ReductionRemain in Amount Release Reduction 6/4/2012 06/17/2013 Effect $666,877.42 $ 329,820.42 $280,683.00 $56,374.00 $0 This letter will serve as City of Orono authorization to you and to Bremer Bank, N.A. to allow expiration of LOC No. S120010736 effective immediately. Please note the remaining landscaping improvements are to be covered under the existing escrow funds in the amount of$22,000. The escrow funds will be held assure completion of items as listed in the attached recommendation letter from David Martini, P.E. dated May 14, 2013. Please contact me at 952.249.4627 or mcurtis@ciorono.mn.us if you have any questions. Sincerely, CITY OF ORONO Melanie Curtis Planning &Zoning Coordinator end cc: Ronald Olson, Finance Director Jesse Struve, Public Works Director David Martini, City Consulting Engineer • �0.-1_;;:-'.7, BOLTON 8� M E NJ K , I ri .® ''(iiii) ConsultingEngineers&Surveyors o� �z 9 � 2638 Shadow Lane,Suite 200•Chaska,MN 55318-1172 Phone(952)448-8838•Fax(952)448-8805 www.bolton-menk.com May 14,2013 City of Orono Attn: Melanie Curtis PO Box 66 Orono,MN 55323 RE: 875 Wayzata Boulevard Dear Melanie: Based on our site visit to 875 Wayzata Boulevard on May 9t',the following is a summary of the project status: 1. In general,the items identified on previous punch lists have been completed to the satisfaction of the City,including landscaping items requested by the City and removing sediment from the biofiltration areas. 2. Turf has been established on the majority of the site. As shown on the attached figure, silt fence can be removed from the areas identified. It should be noted that applicant is still responsible for erosion and sediment control over the whole site. 3. The area around the sign in the northeast corner of the property needs to be restored. The applicant will provide the City with a landscaping and restoration plan for the area. Based on the remaining items of work and ongoing maintenance,I recommend that the letter of credit for the project be released and the City maintain the project escrow in the amount of$22,000 to cover the costs of erosion control,landscaping, and buffer establishment. Prior to releasing the letter of credit,the applicant should provide the City with written confirmation that the existing escrow can be used as security to ensure completion of the items previously mentioned. Please let me know if you have any questions or need additional information. Sincerely, BOLTON&MENK, INC. -"Dig..41 P lila:, David P. Martini, P.E. Principal Engineer •• . . 1 I . 1 s r - 1 i 11 6511411 Iii 0 i 111 •... Ce) 11111 _v,-;.1.1 •1 71...41', 11,111 i LICI9) I 11 1111 18...• ,.- ..--... . ' / / x,-..-- ,•- u 1 1 L 0,0 1 g . ,. , • 8 1. Li r 1 1 d al. 0 FT.:ill 1 r / /. : T z 1 1;t11.11 I h I ,..! 1 • , , -' / ./ 1 ( 1 5 • n I, 1 .'/ .•,./` ' •cf /1 1, 1111 0 6 • 1, . I t c i:2 I ,' I ,• II / •/ .. -.. / • ' • .: '';i. -"/-,-' ';';:g -- re.,Ve',, 1• I 32 ,./ ..- _ -....:. 4,...-.. ../ ...7 4-.-:::::. iii,.....-.• ., 2 il a .., .. .. .• • • • • 4 egV ..k ,/, • • ,., ••:::// •;4:',.' . .I 1 i i , , 40) // /,..., ', ....:::-'.'... ;:.•:41. ; h I II i ' „.,--.49 /r.-../ 1,6,:.:.;....,:.• .,;:•;,. : .- 1 ei 4 a I .' .. - ..6" '...- / /4. .,:.,••• i! 1 1 . 1 . ...-- e..." /S ,••Z-'' %-::g..•," I - I . • I ' ..-•. .....- ..... /44:7'. ..*•••‘5. , ! I .4::.7.?:," ,••;•'..:::' -.2. r . 1 #6• . :•,..::-. -- _ - :: 4._-•!::"S.:: • '•:'':.• ••;,:.• ,- i 1 4 1 I I 1 / / 111111 1 / • 4%. • •"`,.'"--- j. !'"•.;,,.•:•'::": ..,;,;.:,•••.:•:/. a'' . i 1.. i . I 1 I it....P...,;;-, ,/,-:- / 1 g 11111: . 411.?..:', . ...;,,,, )Oi•A 4:fe •‘ , ..' ...:•.',.!.' , ••••:;• i •••' t k '.. .A.-.... . •• ' .,.. •.•,e•/ ‘ .• IS •--.1-§66 II 1.i' i. 4Y- ;,*- '.,d'' :. -k 1-- •• , ........ .0- ....• .....ra••:, ,..-.D..,.i.7\. •..- Mk .4.1.4,1... ‘ ' • 4. iffet „, ... ..*:zi:-". ::Z.S.i'. '''..,\1/4 ,, f.,.. • elpArr+0,41:4., — , / .,,. •.k.,, -,\ 4 I.,. ./ . , .-.. ... . \ .• ........7. :;;;-., , :;:,•:.'.t • •.,........._.—.....- 14rr?'":4:.-,Z,.::::. C./ .,,,,,e;. , 1i0':::'';::',• •,‘, .4 i••:::;',4,1%..:4.-,1„ ----. •...,,,r'',/' PO'Irill.:':••••'. A( ' ,+,... 4. 4:".•5?:: --.C.".."..N.,45,-.E............1.....V. '. f 1. * •;;:?..t; ''''\\'' ----'''''""7 ,'/..:':..','N‘ ".,: . .. - 1 1 k .05gi'L's i'3 1 ri .'i '..;...-. \ - v - 14. ...4 (TcN: ,,,, :::,.4,-.4,--- -- V V.x .... 1: \ •• ,, , • •,,, .::•::::::. • , v. ,..&1.- r.,-- .•:... ,:, 0 t ..'•• ..-::•.,..,:' `'.7 .i. 500.\ / :- •. 1 \ -- ..-.:ii*.:V•;<:;* 4r..%'' \ ‘'. -FP ‘, -,,,..,.: I/. : '' • r 0. . ..?::::.\••:4&-k • INA:st,*3/4_._-% _,owo .3 oti, -v. • ••:, 7 • . . • . . . 2 ' • •'',....:..W...... ..V . .4)A V.S. AI :.4 ;..' i % . ....:•••,. 4`z,••. ..,,',1, ilk 0. ., .. ' :'•'''•••"4. 1,,'MA, 11111 411?-1,11111.- 11113111,0. •;".,,z. 0.: i':•,:'• WA',4:,) . . ' • ti.:X.W4i.,,'..?..‘:.• . Ail , = ''-' ..,:z.•-• . ... • ,:.....*...' , 1 ••••....... • . . ! i eo Af1 4 .% !. .4''''.'',:':':,••';',t414.iil':•.1•.- c4, • •' v111 IOU ,,,'•:: :•%e":17....'' vir.'*. • / 2 u) ,110. !.::::..Y.....-,.:.e.'.') ::.. • :II,A .. _...." .f.. . .. . : '''' .t . lt 10 V::::..) 1,1/. 4. fre ..---(-- , i I• CIL 09 . • 111.1 :,-:.;;!.*!.-. ::: " , s 'arik- 16111,i i:i;::::'.4 ..., 1.. . , ; 4,,,,,.::.:::.:;:-..•;,:,,,-5.c.• • \ilip• .:L. :•(.''-'•.. . 1 9 \.. . ; tt : :;::::.,,,,,0 ;::::.:,.:$4;‘, ,, • • • • 1 • 12 --C - • 11\ .\ '.':'''-:-,.•1:i :.:.-i;;U,;'.. \e'•-. Ill \ . igki .,•,,‘.•:::" r 4 / kit . h •. \ 1, • .::::":: s:,::':.,,II.,: ::44..1 i .4. NA t....47; ir, i/ 4 ; . 211 . '.. 11 1 11.::: ; ,•:',;.,:fi•:. .1:...i,.g.',4 A,.,,,V.14.0!„, :?:' i i 4 • \ .".,..t ‘'. .':':-':i: •'4, ..., ..;$ '''' % ...'17:-.'"''''':•''?.: / •: z 2 • \ ' . .... .,• :. , .. 1 4' a 4 id 1.1.1 - it , :. ::':.:'.::!M:.,.:' :•••:.:• :i:s"::.!'yjl. Al!.OF 4 tie' U.. U.. ;, \1 \ .i.14,::f:l.......V:::•'.T:: :::::.:74,:t.'''..."tt.:A,• t/ 4 .1/ t, .:''''::: '' :',......:f.... '..•'•.:...., ,•:::- , '' • , / / 4 4 4 , 4 ‘/I kil ' , ':,..:••,:.'.3,:" .":".•.5,:,,,,•:?,...,,,,/- sc::., / ' i •:;:";::".',;.':-,:,::.•-•,:,.:,.-; ; ; / / / i .• i 4 i 4 • .• a i• . •, • i ,/, , ,ii/ 4,/ , ,1 1 ''i . 1,• , ' I : , / 4, ' 1 i •- ; 1 I'li II / /.I /.V/i ....,../7/ • Planning & Zoning Department Memo To: Finance Department From: Christine Mattson, Planning Assistant CC: Street File Date: November 24, 2014 G/L: 101-22205 Re: Escrow Refund Zoning Permit#2012-00907 pertaining to 875 Wayzata Blvd W is complete. Please refund $2,000. The check should be made payable to: Engelsma Limited Partnership. Mail to: Matt Alexander Kraus-Anderson Realty Company 4210 W Old Shakopee Road Bloomington, MN 55437-2951 w.\street files\wayzata blvd\875\escrow refund for 2012-00907.docx ZONING PERMIT ESCROW AGREEMENT Permit# tbd CW AGREEMENT made this 11th day of Sept-_ , 20112, by and between the CiTY OF ORONO, a Minnesota municipal corporation ("City")and Kraus Anderson("Owners"). Recitals 1. A zoning permit application has been filed for a property located at 875 Wayzata Boulevard West the("Subject Property"), legally described as see Exhibit A, attached. 2. Owner requests 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$2,000 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 reviewing the plan. Eligible expenses shall be consistent with expenses the Owners would be responsible for under a zoning 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 permit #bd if compliance with the approved zoning permit is not accomplished. WI 2-- W(10 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 O EL enior Living, LLC By jf kj114-it ' Iii! Bruce W. Engelsm , President +!!E�__' I ... .. ___.. -t T771 l _.. .. Zentiv Te # 2-0(2,-00900 it wOvd' Wt&I-. PARCEL 1 That part of the Southeast Quarter of the Southeast Quarter of Section 35, Township 118 North, Range 23 West of the 5"' Principal Meridian, described as follows: • Beginning at a point on the West line of said Southeast Quarter of the Southeast Quarter, 29.7 feet North-of the Northeasterly line of the right of way of the Great Northern Railway Company; thence North along the West line of said Southeast Quarter of the Southeast Quarter to the South line of the right of way of the Electric Short Line Railway Company; thence Easterly along the South line of said Electric Short Line Railway Company to the Southwesterly line of State Highway 12, formerly No. 10; thence Southeasterly along said Southwesterly line of said Highway to a.point distant 385 feet measured at right angles from the South line of Section 35;thence Westerly parallel with and distant 385 feet, measured at right angles from the South line of said • Section 35, a distance of 1011.05 feet to the point of beginning. Excepting therefrom that part of the above described property as is contained in Document No. 3964258 Hennepin County Recorder's Office. And further excepting therefrom that part of the South Half of the Southeast Quarter of Section 35, Township 118 North, Range 23 West, shown as Parcel 97 on Minnesota Department of Transportation Right of Way Rat Numbered 27-134 as the same is on file and of record in the office of the County Recorder in and for Hennepin County, Minnesota.. PARCEL 2 All-that part of the Southwest Quarter of the Southeast Quarter of Section 35, Township 118, Range 23 lying South of the Southeasterly right of way line of the Electric Short Line Railway Company and Northeasterly of the Northeasterly right of way line of the Great Northern•Railway Company: Excepting therefrom that part of the South Half of the Southeast Quarter of Section 35, Township 118 North, Range 23 West, shown as Parcel 97 on Minnesota Department of Transportation Right of Way Plat Numbered 27-134 as the same is on file and of record in the office of the County Recorder in and for Hennepin • County, Minnesota. [ABSTRACT PROPERTY] Kraus-Anderson Const Co • JO'Bt:S'UB JOB NO,� CO DIV VENDOR REFERENCE CHECK NO. 5607 1 0 53293 642199 ••INV NUMBER INV DATE • DESCRIPTION' GROSS AMOUNT • DISCOUNT • NET AMOUNT• 83012 08/30/12 Escrow-Signage Plan 2,000.00 .00 2,000.00 City of Orono 2750 Kelley Parkway Orono NJ 55356 952-249-4600 Receipt No: 3.007605 Sep 11, 2012 875 WBW - Trails of Orono Previous Balance: .00 Permits Escrow 2012-00906 2,000.00 101-22205 Deferred Rev-Developer Deposit Total: 2,000.00 Check Check No: 642199 2,000.00 Payor: 875 WBW - Trails of Orono Total Applied: 2,000.00 Change Tendered: .00 09/11/2012 03:54PM DETACH AND RETAIN THIS STATEMENT TOTALS 2,000.00 .00 2,000.00 THE ATTACHED CHECK IS IN PAYMENT OF ITEMS DESCRIBED ABOVE IF NOT CORRECT PLEASE NOTIFY US PROMPTLY. NO RECEIPT DESIRED US BANK 17-2 'VA KRAUS-ANDERSON® US BANK PLACE MINNEAPOLIS,MN 55402 910 " 4 CONSTRUCTION COMPANY 8625 Rendova Street NE Circle Pines,MN 55014 CHECK DATE CHECK NO 08/31/2012 642199 PAY Two Thousand Dollars and 00 Cents " .'k'._ =Cf�EGK [ttT' a. ",`:'": •' "2,000.00 VOID AFTER 90 DAYS TO City of Orono THE PO Box 66 ORDER Crystal Bay MN 55323-0066 OF II'6LI2L9911' 1:09L0000221: L7022E065L930 CITY OF ORONO 1�!11 1 1 11111111113 11111 111111111111 2750 KELLEY PARKWAY * 2 1 2 - 0 0 9 7 DATE ISSUED: 09/11/22 012 ORONO,MN 55356- (952) 249-4600 FAX: (952)249-4616 ADDRESS : 875 WAYZATA BLVD W PIN : 35-118-23-44-0011 LEGAL DESC : UNPLATTED 35 118 23 : LOT MB BLOCK MB PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : COMMERCIAL-BUSINESS CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: TIED TO ZONING PERMIT 2012-00906 APPLICANT ESCROW FEE-APPLICANT 2,000.00 KA Reality ESCROW FEE-DEVELOPER 0.00 4210 W. SHAKOPEE RD BLOOMINGTON,MN 55437- TOTAL 2,000.00 (952)881-8166 OWNER KA Reality 4210 W. SHAKOPEE RD BLOOMINGTON,MN 55437- 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 Permitce Signature Date Issued By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE.