HomeMy WebLinkAbout2014 - 00535 - escrow fee CITY OF ORONO III I III i II II II III 1 11 11 II
2750 KELLEY PARKWAY * 2 0 1 4 - 0 0 5 3 5
DATE ISSUED: 06/02/2014
ORONO, MN 55356-
(952) 249-4600 FAX: (952) 249-4616
ADDRESS : 850 WINDJAMMER LA
PIN : 07-117-23-11-0010
LEGAL DESC : PIRATES COVE
: LOT 006 BLOCK 001
PERMIT TYPE : ESCROW FEE-APPLICANT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-APPLICANT
NOTE: THIS ESCROW IS TIED TO ZONING PERMIT 2014-00534
APPLICANT ESCROW FEE-APPLICANT 1,000.00
ESCROW FEE-DEVELOPER 0.00
KHAN, FAIZ& KATHLEEN
850 WINDJAMMER LA TOTAL 1,000.00
MOUND, MN 55364 Payment(s)
CHECK 3638 1,000.00
OWNER
KHAN, FAIZ&KATHLEEN
850 WINDJAMMER LA
MOUND,MN 55364
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
ZONING PERMIT ESCROW AGR EMENT
Permit#c2 /'/—0E753V
AGREEMENT made this c2n a day of c tiA)Q- ,20_1. ,by and between the CITY OF ORONO,
a Minnesota municipal corporation('City')andct14/1-1 i iGt4.t ('Owners').
Recitals
E-0 1. A building permit application has been filed for a zoning permit for a prop rty locate at
A m► I-ca ltto("Subject Property"), legally described as p,rt't -1 (`t;,,�g 1--Zi� }o . .1
H nnepin 0 unty Minnesota.
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 VIVO 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 _caused the work (including planning, engineering, or legal consultant
review) associated with permit # 4O/y— .2Yif compliance with the approved zoning permit is not
accomplished. •
3. MONTHLY BILUNG. As the City receives cdnsultant 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 OWNE-•
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Updated: November 30.2012