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HomeMy WebLinkAbout2012-00045 (escrow fee) CITY OF ORONO PERMIT NO.: 20�2-0004s ' 2750 KELLEY PARKWAY ORONO, MN 55356- �ATE �ssuEn: OU18/2012 952 249-4600 FAX: 952 249-4616 ADDRESS : 4050 BAYS[DE RD PIN : 06-117-23-11-0004 LEGAL DESC : POPOV ADDN : LOT 002 BLOCK 001 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERM[T NOTE: THIS$600 ESCROW IS TIED TO BUILDING PERMIT#2012-00038 APPLICANT ESCROW FEE-BUILDING 600.00 STEELE, THAD& DAN[ELLE TOTAL 600.00 4050 BAYSIDE RD MAPLE PLAIN, MN 55359- OWNER STEELE,THAD& DANIELLE 4050 BAYSIDE RD MAPLE PLAIN, MN 55359- AGREEMENT AND SWORN STATEMENT ]he work for which this permit is issued shall be performed according to Ihe approved plans and specifications,applicable City approvals,and the State Building Code. This permrt 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 I80 days at any time after work has commenced. 'I'he appiican[is responsible for assuring all required inspections are requested in conformance with the State Building Code.This permit may be revoked at any[ime for due cause. / / / / Applicant Permitee Signature Date Issued By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. . BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#2Q1Z-00038 AGREEMENT made this ;�t�day of .�t(,� VIViG. lv , 20� by and between the C1TY OF ORONO, a Minnesota municipal corporation("Cit�')and Thad Danielle eele ("Owners"}. Recitals 1. A bu2lding permit applicafion has been filecf for an addition located at 4�50 Bayside Road the ("Subject Propert�'}, legally described as Lot 2, Block 1, Popov Addition, Hennepin County Minnesota. 2. Uwners 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 estabfishes an escrow to ensure reimbursernent tv the City of its costs. NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Conternporaneously with the execution of this Escrow Agreement, the Owners shall deposit $600 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 le�al cansultant review) or will incur in reviewing the plan. Eligible expenses shall be consistent with expenses the Owners would be respansible 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 Poflution Preventian Pfan and the provisions of Orono City Code Chapter 79. The financial security may also be used by the City to eliminate any hazardaus canditions assoaated with the work and ko 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 #2012-00038 if compliance with the approved building permit is not accomplished. 3. MONTHLY BILLING. As the City receives c�onsultarrt bills for incurred costs, the City will in tum send a bill to the Owners. Owners shall be responsibie for paymerrt to the City within 30 days of the Owners' receipt of bill. 4. DlSBUR3EMENT FROM ESCROW ACCOUNT. In the event that the Owners do not make paymerrt 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 Qwners 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 campleted and written notification is received from the Owners requesting the funds. 6. CERTIFY UNPAID CHARGES. ff 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 ta certify the unpaid balance to the subject property pursuant to Minn. Stat.§§415.01 and 366.012. CITY: CITYOFORONO OWNER:_ � (/�`�c'� `�'"���, �~._--- sy: � �, �ts: �t� C�l.t�� (s��;t`��.��.t�,c.._ in�emai�se'��Iy��;:.����ihi���'�t���3��...�:.P��'�.Y,�e!r.���'��Cto,fStt;est�le