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HomeMy WebLinkAbout2015-01004 - escrow fee CITY OF ORONO * 2 0 1 5 - 0 1 0 0 4 2750 KELLEY PARKWAY DATE ISSUED: 08/06/2015 ORONO,MN 55356- (952)249-4600 FAX: (952)249-4616 ADDRESS : 2687 WAYZATA BLVD W PIN : 33-118-23-13-0002 LEGAL UESC : UNPLATTED 33 118 23 : LOT 000 BLOCK 000 PERMIT TYPE ESCROW FEE-APPLICANT PROPERTY TYPE RESIDENTIAL CONSTRUCTION TYPE ESCROW FEE-APPLICANT NOTE: ESCROW TIED TO ZONING PERMIT#2015-00511 FOR LAND ALTERATION-PD CK#3561-$2,000,PD BY:LONG LAKE PROPERTIES APPLICANT ESCROW FEE-APPLICANT 2,000.00 TOTAL 2,000.00 Long Lake Properties LLC Payment(s) 8525 E PINNACLE PEAK RD CHECK 3561 2,000.00 SCOTTSDALE,AZ 85255- (952)449-5755 OWNER Long Lake Properties LLC 8525 E PINNACLE PEAK RD SCOTTSDALE,AZ 85255- 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 111111111 111111111 CITY OF ORONO * 2 0 1 5 — 0 1 0 0 4 2750 KELLEY PARKWAY DATE ISSUED: 08/06/2015 A- ORONO, MN 55356- (952)249-4600 FAX: (952)249-4616 ADDRESS : 2687 WAYZATA BLVD W PIN : 33-118-23-13-0002 LEGAL DESC : UNPLATTED 33 118 23 : LOT 000 BLOCK 000 PERMIT TYPE ESCROW FEE-APPLICANT PROPERTY TYPE RESIDENTIAL CONSTRUCTION TYPE ESCROW FEE-APPLICANT NOTE: ESCROW TIED TO ZONING PERMIT#2015-00511 FOR LAND ALTERATION-PD CK#3561-$2,000,PD BY:LONG LAKE PROPERTIES APPLICANT ESCROW FEE-APPLICANT 2,000.00 TOTAL 2,000.00 Long Lake Properties LLC Payment(s) 601 CARLSON PKWY#350 CHECK 3561 2,000.00 MINNETONKA,MN 55305- (952)449-5755 OWNER Long Lake Properties LLC 601 CARLSON PKWY 0 MINNETONKA, 5305- �O 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 cont ance with the State Building Code.This permit may be revokedany a for due cause. Applicarittfermilbe SignaVrej Datb Issued By Signature Date J i City of Orono 2750 Kelley P�"kway 952-249-4600 Orono MN 55350 Receipt iro: 3.013956 Aug 6, 2.015 Long Lake Properties LLC Planning and Zoning 2,000.00 2015-01004 26587 Wayzata Blvd W 101-22205 Deposit Deferred Rev-Developer Dep----------------- 2,000.00 Total: Check3561 2,000.00 Check No: Payor: Long Lake Properties LLC 2,000.00 Tutal Applied: ----------------- .00 Change Tendered: __________ Duplicate Copy 08/06/2015 03:22PM LAND USE APPLICATION ESCROW AGREEMENT Application#701 00511 AGREEMENT made this_ day of AUJIub f 20 t S by and between the CITY OF ORONO, a Minnesota municipal corporation ("City")and Lo" tFreoP6n.Tl" LL e- a M iNti�s.n� Li bvi trzi's L►IA-?► I-t`I [a corporation-optiona/j ("Owners"). Recitals 1. Owners have filed Land Use Application If formally requesting the City to review plans for the property addressed: ?Ci-7 WA RLVAc o2a v0 (the "Subject Property") legally described as 2. Owners request the City to review said plans which requires City approval and may require consulting legal and/or engineering review. 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$ 21)= 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 Owner,„ revi wing the plans, and preparing agenda packet material for City Council review of Land Use Application# - 511 Eligible expenses shall be consistent with expenses the Owners would be responsible for under a land use 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 all requirements related to the project are complete. City Staff shall review the terms of this escrow agreement two times per year to determine whether the requirements of the project have been successfully completed and whether it is appropriate to return the funds. Owner may also request the release of the funds, and such funds shall be released upon City Staff receiving the appropriate verification that all requirements of the project have been successfully 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. CITY: CITY OF ORONO OWNERS: I By: B : / V y kiln A da Its: !� Its: 6�ky H. Updated: January 2015 Long Lake Properties, LLC P.O.BOX 66 3561 CTYORO—CITY OF ORONO CRYSTAL BAY,MN 55323 MUTUAL OF OMAHA BANK LL-Mutual 6890 Print As:CITY OF ORONO Date:06/18/2015 06/18/2015 2015 CapX 2015 CapX $2,000.00 $2,000.00 Page 1 of 1 1Long Lake Properties, LLC 044N.7th et, MUTUAL OF OMAHA BANK 3561 Scottsdale,AZ 85258 Date: 06/18/2015 The oder of CITY OF ORONO ***Two Thousand Dollars*** $**2,000.00** CITY OF ORONO P.O.BOX 66 CRYSTAL BAY,MN 55323 United States atures r qu ed over$10,000 I I I