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Home My WebLink About2014-01309 - escrow fee CITY OF ORONO ! I I III 11111 II1111 II I I II * 2 0 1 4 - 0 1 3 0 9 2750 KELLEY PARKWAY DATE ISSUED: 11/06/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 1060 TONKAWA RD PIN : 08-117-23-13-0019 LEGAL DESC : RYANWOOD : LOT 001 BLOCK 001 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: ESCROW FOR POOL PERMIT#2014- APPLICANT ESCROW FEE-APPLICANT 2,500.00 TOTAL 2,500.00 WATER STREET HOMES,LLC Payment(s) 1161 WAYZATA BLVD E CHECK 8001 2,500.00 #208 WAYZATA,MN 55391- (612)850-4002 Minnesota State License#: BUIL-BC390906 OWNER DIELAN LLC 1060 TONKAWA ROAD 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 time for due cause. Applicant Permitee Signature Date Issued By Signature Date ESCROW AGREEMENT Orono Building Permit#2014-01222 Zoning Permit# UM— 0131D AGREEMENT made this I Z- day of I'1 Q,'(h , 20j , by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") P i elan LJJL.. ("Owners"). Recitals 1. Building permit and zoning permit applications have been filed to permit an in-ground spa, patios, walkways and walls located at 1060 Tonkawa Road, the ("Subject Property"), legally described as Lot 1, Block 1, Ryanwood, Hennepin County,Minnesota. 2. Owners request the City to review the applications. 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-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 building permit #2014-01222 and zoning permit # 19" 013 it if compliance with the approved permits 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: ITY OF RONO OWNER: Its: hni, Internet Use Only: 13 Original to Planning 1:Iroppy.Sp Pro y t -1240.0wialitipstiVi CITY OF ORONO1I'i 1 11 111II �! * 20 1 4 - 0 1 309 * 2750 KELLEY PARKWAY DATE ISSUED: 11/06/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 1060 TONKAWA RD PIN : 08-117-23-13-0019 LEGAL DESC : RYANWOOD : LOT 001 BLOCK 001 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: ESCROW FOR POOL PERMIT#2014- APPLICANT ESCROW FEE-APPLICANT 2,500.00 TOTAL 2,500.00 WATER STREET HOMES,LLC Payment(s) 1161 WAYZATA BLVD E CHECK 8001 2,500.00 #208 WAYZATA,MN 55391- (612)850-4002 Minnesota State License#: BUIL-BC390906 OWNER LAN G, W LLIAM&MEGYN e1a. 1060 To • _WARD � Y {n r 1(1LONG L• ',MN 55356- �0 ViaI V , fr//, - / 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 City of Orono 2750 Kelley Parkway Orono MN 55356 952-249-4600 Receipt No: 3.012210 Nov 6, 2014 Water Street Homes Previous Balance: .00 Permits P2104-1309 1060 Tonkawa 2,500.00 Rd 101-22205 Deferred Rev-Developer Deposit • Total: 2,500.00 Check Check No: 8001 2,500.00 Payor: Water Street Homes Total Applied: 2,500.00 Change Tendered: .00 11/06/2014 01:3RPM 8001 WATER STREET HOMES, LLC KleinBank 1-888-553-4648 ormushorirkFfte www.kleinbank.com 75-1565-919 DATE AMOUNT ///104/ #'e,52% PAY d /5,140 1- l% .G144 401 e TO THE ORDER C�/y p/ - U'i.CAl(`) OF: � l AUTHORIZED.SIGNATURE