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HomeMy WebLinkAbout2014 - 00536 - escrow fee II 11111 111 I[ 11 111111 II 11 CITY OF ORONO * 2014 - 00536 * 2750 KELLEY PARKWAY DATE ISSUED: 06/02/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 860 WINDJAMMER LA PIN : 07-117-23-11-0011 LEGAL DESC : PIRATES COVE : LOT 007 BLOCK 001 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$1,000 ESCROW IS TIED TO ZONING PERMIT 2014-00534 APPLICANT ESCROW FEE-APPLICANT 1,000.00 ESCROW FEE-DEVELOPER 0.00 ETAL, DANIEL KELLY TOTAL 1,000.00 860 WINDJAMMER LA Payment(s) MOUND,MN 55364 CHECK 14357 1,000.00 OWNER ETAL, DANIEL KELLY 860 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 AGREEMENT Permit# / .53,/ AGREEMENT made this c) day of , 201.by and between the CITY OF ORONO, a Minnesota municipal corporation("City")and ( ern n e- k- It ('Owners'). Recitals 1. A building permit application has been filed for a zoning permit for a property located at 11dJcm,,A�c the ("Subject Property"), legally described as &o—/-- '7 J 4.1OA- ( ) b Hennepin County 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$A000 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 #..?4i Gt253y if compliance with the approved zoning permit is not accomplished. 3. MONTHLY BILLING. 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 OONO OWN ER. By: Its:TW,htlii Amal .l rll��.�;r��rs�n�tr��ro��:�: -. IFIL°1�C7ri�r�rarti7t�T����1i��ia+�;�T :,t�tto•i�71n'�IY�s��IC Updated: November 30.2012