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HomeMy WebLinkAbout2017-00028 - escrow fee INHUNIMM CITY OF ORONO * 2017 - 00028 * 2750 KELLEY PARKWAY DATE ISSUED: 01/12/2017 ORONO,MN 55356- (952)249-4600 FAX: (952) 249-4616 ADDRESS : 540 WILLOW DR S PIN : 03-117-23-32-0018 LEGAL DESC : N/A LOT 002 BLOCK 001 PERMIT TYPE ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE RESIDENTIAL CONSTRUCTION TYPE ESCROW FEE-TIED TO BUILDING PERMIT NOTE: ESCROW FOR NEW HOME#2017-00026-PAID BY:SISTER ELIZABETH&GRAHAM me—CK#5373-$2,500.00. THEY KNOW MONEY WILL BE REFUNDED TO CURRENT OWNER LAURA BOHLANDER. INITIAL APPLICANT ESCROW FEE-BUILDING 2,500.00 TOTAL 2,500.00 MERRY,ELIZABETH&GRAHAM Payment(s) 3750 HUNTINGTON AVE CHECK 5373 2,500.00 ST.LOUIS PARK,MN 55416- OWNER BOHLANDER,LAURA 2260 FOX ST 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 t' a for due cause. 7:pp1t'6Rl1t Permi ee Kigiiature Date IssuedvBy Signature Date EV_ M a � vE �s,►g�a 00 rip 1�S K, 5� s PAY To pF O�R City of Orono No: 3.017211 Jan 12, 2017 Elizabeth & Graham Merry Planning and Zoning 2017-00028 540 Willow Dr 2.500.00 s 101-22205 Deferred Rev-Developer Deposit Total: 2,500.00 --------------- Check Check No: 5373 2,500.00 Payor: Elizabeth & Graham Merry Total Applied: 2,500.00 Change Tendered: .00 --------------- 01/12/2017 02:12PM BUILDING PERMIT ESCRO,XV AGREEMENT Orono Building Permit# GC'/6 -000ZV. AGREEMENT made thisoda of �C*l ute. , 20 , by and between the CITY OF ORONO, a Minnesota municipal corporation "City") KCILLr cZ &,A In P.4K- (-Owners"). Recitals 1. A building permit application has been filed a ry--c toated at 5 c-f G W i ll c� v De .the ("Subject Property"), legally described as Z j uJ 0/ 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$2,500 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-0f-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 78.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 # 20/16-6&L`7JO 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 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 By: lli�� W46t0____) 7n Its: 4 lRann" &&Wm4— in j0#4 - Last Updated. January 2016