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HomeMy WebLinkAbout2015-00644 - escrow fee CITY OF ORONO * z 0 1 5 - 0 0 6 4 4 * , _ 2750 KELLEY PARKWAY DATE ISSUED: OS/2U2015 ORONO, MN 55356- 952 249-4600 FAX: 952 249-4616 ADDRESS : 1224 BRIAR ST PIN : 10-117-23-31-0074 LEGAL DESC : MAXWELLS ADDN CRYSTAL BAY LAKE : LOT 000 BLOCK 002 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2500 ESCROW IS TIED TO LAND USE APPLICATION 15-3746 APPLICANT ESCROW FEE-APPLICANT 2,500.00 ESCROW FEE-DEVELOPER 0.00 HILLIER,JAMES TOTAL 2,500.00 1224 BRIAR ST Payment(s) WAYZATA,MN 55391- CHECK 6850 2,500.00 OWNER HILLIER,JAMES 1224 BRIAR ST WAYZATA, MN 55391- 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 cequested 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 � , BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#2Q15-00961, Demolition Permit#?-015-0I�F{o and Land Use Application#15-3746 AGREEMENT made this�_day of 20� by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and James illier("Owners"). Recitals 1. A building permit application has been filed for a new principai structure located at 1224 Briar Street the ("Subject Property"), legaliy described as Lot 16 and the South haif of Lot 17, Block 2, Maxwell's Addition to Crystal Bay, Hennepin County Minnesota. 2. Owners request the City ta review this application. 3. The City wil! commence its review of the application and incur costs associated with said review only if the Owner establist�es an escrow to ensure reimbursement to the City of its costs. NOW THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneousiy with the execution of this Escrow Agreement, the Owners shall deposit $2,500 with the City. All accrued interest, if any, shail 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 pianning, engineering, in excess of $500, or legal consultani review) or will incur in reviewing the plan. Eligib►e expenses shall be consistent with expenses the Owners would be responsible for under a building permit application. The escrow will atso 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 #2015-00961 and demolition permit # 2015 - OIL�F(o 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 biil to the Owners. Owners shall be responsible for payment to the City within 3� 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: TY OF ORONO OWNER: // By: � �J ,,��"% Its: ��-�,�� � ��<�, � C � �t�!��i`;� ;f3 E�g��t�t�� ` -���yy t��'�r�' , , �+��+�t�fr'aei�f� ' � i . . , . � LAND USE APPLICATION ESCROW AGREEMENT ' Application# /S -_ 3 7��0 AGREEMENT made this�day of , 20%5 , by and betw en the CITY OF ORONO, a Minnesota municipal corporation ("City°) and � � ',iJ�� �. �'�L� �N��c��j [a corporation—optional] ("Owners"). Recitals 1. Owners have filed Zoning Application# /.5 - �formally requesting the City to review plans for a located at the property addressed: l�a 2 i A e. S i Op�t.(o � ��g � (the °Subject Property") legally described as Lo-c-S g � �. i�Xu�E��S �p-�o^ �' �1`o CR�St-A� �3A�I 2. Owners request the City to review said plans which requires City approval and may require � consulting legal and/or engineering review. 3. The City is willing to commence its review of the application and incur costs associated with said review only if the Owners establish 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 $ �S� with the City. All accrued interest, if any, shall be paid to the City to reimburse Yhe 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 meeting with the Owners, reviewing the plans, and preparing agenda packet material for City Council review of application #_/r - �-�. Eligible expenses shall be consistent with expenses the Owners would be responsible for under a land use application. 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 cease all reviews 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 O ONO OWNERS: j � � ;> By: By; ` its: � � its: Internai Use Only: G Original to Finance Department �Copy to Zoning File �Copy to Street File Packet Last Updated: January 2015 Page 10