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HomeMy WebLinkAbout2014-00922 (escrow fee) � ' CITYOFORONO * 20 14 - 00922 * 2750 KELLEY PARKWAY DATE ISSUED: 08/20/2014 ' r ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 2470 CARMAN ST PIN : 20-117-23-12-046� � LEGAL DESC : LEHMAN LAGOON : LOT 005 BLOCK 001 PERMIT TYPE : ESCROW FEE -APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2500 F?SCROW IS TIED TO 'LONING PERMI"i'# 14-3689 APPLICANT ESCROW FEE-APPLICANT 2,500.00 ESCROW FEE- DEVELOPER 0.00 ST ONEWOOD, LLC TOTAL 2,500.00 153 E LAKF. STREET WAYZATA, MN 55391- Payment(s) (612)462-4000 CHECK 1293 I 2,500.00 Minnesota Stafe License t#: BUIL-BC594315 OWNF.R LIND, MR. & MRS. THOMAS 2470 CARMAN ST , MN 55391- AGREEMENT AND SWORN STATEMENT 1'he 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 goveming this type of work shall be compicd with whether or not specified herein."1'his permit will expire and become null and void if construction authorized is not commenced within I 80 days of the date of issuance,or if construction is suspended for a period o1� 180 days at any time after work has commenced. The applican[is responsible tbr assuring all required inspections are requestcd in confonnance with the State Building Code.'l�his permit may be revoked at�ny time ibr due cause. / / Applicant Permitee Signature Date Issued By Signature Date . , LAND USE APPLICATION ESCROW AGREEMENT Application #�_- 3�Cq AGREEMENT made this � day of 1 , 20�, y and between the CITY OF ORONO, a Minnesota municipal corporation ("City") VQ,V� ��L1 [a corporation- optionalj ("Owners"). Recitals 1. Owners have filed Zonin Application # ��}' - 3�Q�q formally requesting the City to review plans for a tG�. � �a�' �c located at the property addressed: Z.410 �.�✓h.la'l S (the "Subject Propert�') legally described as 2. Owners request the City to review said pians which requires City approval and may require consulting legal and/or engineering review. 3. The City is wiiling 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 $ ,�10,_with the City. All accrued interest, if any, shali 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, or legal consuttant review) or will incur in meeting with the Owners, reviewing the plans, and preparing agenda packet material for City Councii review of application # �4' - fD3 F9 . 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 outiined 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 the review has been 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 OWNER : By:\-��►'�l��l� BY� • Its: 4 1`�2.)� Its: Inxernal`Use D.nly: O Original to Finance Department O Cqpy to Zoning File ❑ Copyto.Street File Packet Lasf Updated: March 2014 � Page 10 of 27