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HomeMy WebLinkAboutEscrow informationESCROM 2 10REENEHV AGRZE NEMT made this day of �� , 20 by and between the C@TY OF Ot Gwo, a Minnesota municipal corporation ("City") and 7t, a RECTTF&LS A. The undersigned is / are the Owner(s) of the Subject Property and hereby agrees to and consent to the terms and conditions of this Escrow Agreement. S. Owner has: (check one) ❑ Filed a zoning application # ❑ Filed an application for a Building/Zoning permit # n Agreed to comply with Orono City Code Section 78-1432 regarding accessory structures. ❑ Filed an Individual Seaver Treatment System (ISTS) permit application. ❑ Requested to do work within public Right -of -Way a Filed a request fora Temporary —Certificate of Occupancy �r Oth - - . c t d (Application") on land situated in the City and located at v z, (the "Subject Property"); and C. The City is willing to review or monitor the Application only if the Owner agrees to reimburse the City for the actual costs expended by the City on behalf of, or on account of, the Owner. move -rHE E FOUIE, THE PARTOES AGREE AS FOLLOWS: I. UH- POS05i R 2DRED. Contemporaneously with the execution of this Escrow Agreement, the Owner shalt deposit k_, ("Escrows') with the City necessary to secure coverage of the total costs associated Rft P iewr, approval, and monitoring of the Application. Any Escrow shall be held in a special escrow account and shall be credited to the Owner. �. PNJC3P��iie ®iF [�Cf�®y'ii9. ° Zoning. The purpose of the Escrow is to guarantee reimbursement to the City for expenditures including but not be limited to staff time, at the rates established by the City Council, in excess of that covered by the standard application fees, engineering consultant and legal consultant expenses incurred by the City in reviewing and approving the Application and all other city staff administrative and consultant services perfformed in the processing of said review and approval. BuildinWZonino. The purpose of the escrow is to guarantee completion of the site plan as approved and the provision of the as survey as required by the Building official. Aceessory Structure. The purpose of the Escrow is to guarantee reimbursement to the City for expenditures including but not limited to staff time, at the rates established by the City Administrator, engineering and legal consultant expenses incurred by the City in removing an accessory building if the Owner fails to perform the obligations in Orono City Code Section 78-1432 and all other City staff administrative and consultant services Wformed in removing the accessory building, including land stabilization. ISTS. The purpose of the Escrow is to guarantee reimbursement to the City for expenditures including but not be limited to staff time, at the rates established by the City Council, in excess of that covered by the standard application fees, engineering consultant and legal consultant expanses incurred by the City if Owner for any reason is unable or unwilling to honor the requirements of Chapter 58 of the Orono City Code, and all other city staff administrative and consultant services performed in relating to the Application. The City may also reimburse itself for all engineering and legal expenses associated with the construction, removal, a6teration, It repair of the ISTS if the Owner fails to do so, Tempmary Certificate of Occupancy. The purpose of the Escrow is to guarantee completion of exterior improvements (driveway, grass, etc.) that cannot be accomplished due to weather conditions. SUbd abn Appr edor - .ianuay 2017 PWJV 10 �o MOG`9VHLy 00p LONG. The City vAR monthly forward to the Owner a statement and bill for the expenditures incurred by the City for staff and consultant services. Such statements shall be due and payable within 15 days for receipt by the Owner. No statement will be sent if there are na expenses incurred in the period since the most recent statement. The City shall itemize ail turns, services, and materials billed to any Owner and said time, services, and rnateri6s shall be in accordance with the rules, regulations, and fees as pmmOgatedl and adopted by the City Council. 4o DII�C�MG3SENEMV FRCDo [ESCRM AC COtUMT. On the event the Owner does nob make payment the City as required under paragraph 3, the City may draw from the Escrow without further approval of the Owner to reimburse the City for eligible expenses the City has incurred. The City shall periodically notify the Owner of the draws the City has made and the nature of the expense for which the reirnbursernant is being made. The Owner shall reimburse the Escrow fund for any deficits caused if the amount actuaily expended by, or bitted to, the City exceeds the escrow fund balance. 6. RUGGOT OLD [EC\7RV. Zorilng. This section is not applicable. Suildin .This section is not applicable. Accessory Structure. The Owner hereby grants the City, its agents, employees, officers and contractors the right to enter the property to remove the accessory building(s) shoOd the Owner not complete the removal obligations in Orono City Code Sermon 78-1432. 13 iSTS. The Owner hereby grants the City, its agents, ernp6cyees. officers and contractors the right to enter the property to perfoa n ate work and inspecOons deemed appropriate by the City in conjunction with replacement of the septic system, inc8uding but not Iirnked to constructing or completing any and all of the agreed upon improvements should the Owner not complete those improvements by the date agreed upon. Temooranr Certificate of Occupancy. This section is not applicable. 7o Ma OM4E6' EST G ADD. M accrued interest, if any, shall to paid to the City to reimburse the City for its cost in administedng the Escrow account. �. PLUSBAG tESCROUr'9. When the review has been completed or the project has been completed, the balance of the Escrow, if any, shall be returned to (cheat one): o Omer pApp0ca nt o Other Marne: P Z-UJ r Street Address / PO Sox: eV City / State/ ZIP: �' 8G`s �9� /p ,�_ � 9a CEGMFBF-® 9f the Application os abandoned by Owner, or if the e0igite expenses incurred by the City exceed the amount In Escrow, the City shall have the right to canify the unpaid balance to the Subject Property pursuant to Minn. Slat. % 415.09 and 356.012. lK iT mE.W bIONEiREO F, the undersigned have executed this Agreement as of the day and year first above written. c;ITY � CU'h)Ncs�: 8Y: W-O-/ Qa 0amptev- T- Subdk-,141w AppXcedon — January 2017 pnge 11 CITY OF ®RONG 2750 K EILILEY PARKWAY ORONO, MN 55356- 149-46UU YAX: (952) 249-4616 ADDRESS : 1400 BRACKETTS POINT RD PIN : 11-117-23-32-0020 LEGAL DESC : RGT ORONO POINT LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE - APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE - APPLICANT *2017-01627�k DATE ISSUES: 12/141/2017 NOTE: THIS $5000 ESCROW IS TIED TO ZONING PERMIT 18-3998 AND 18-3999 PAID BY JAMES JUNDT CHECK 518 APPLICANT JUNDT, JAMES & MARY 42486 N 109TH PLACE SCOTTSDALE, AZ 85262-3296 OWNER JUNDT, JAMES & MARY 42486 N 109TH PLACE SCOTTSDALE, AZ 85262-3296 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. ESCROW FEE - APPLICANT Payment(s) CHECK 518 5,000.00 TOTAL 5,000.00 5,000.00 Applicant Permitee Signature Date Issued By Signature Date JAMES R JUNDT MARY JOANN JUNDT 42486 N 109TH PL SCOTTSDALE, AZ 85262-3296 DATE Wells Fargo Bank N.A. f Minnesota wellsfargocom ��Y✓�LL� 1:09 10000191: 143 277954 518 17-1/910 5185 1432779542 DOLLARS NP 211 00 5 L8