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Home My WebLink About2014-00207 (escrow fee) � • . CITY OF ORONO 27_50 KELLEY PARKWAY * Z 0 1 4 - 0 0 Z PJ 7 * DATE ISSUED: 03/17/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 2625 CASCADE LA PIN : 33-118-23-11-0116 LEGAL DESC : STONEBAY FIFTH ADDITION : LOT 006 BLOCK 001 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: TH]S$2500 ESCROW IS TIED TO BUILDING PERMIT 2014-00207-PD BY STONFBAY BUILDERS CIfECK#T102 THIS ESCROW COVERS 2625,2627,AND 2629 CASCADE LANE APPLICANT ESCROW FEE-BUILDING 2,500.00 ESCROW FEE -EROSION CONTROL 0.00 STONEBAY BUILDERS LLC ESCROW FEE-GRADING 0.00 14870 BROCKTON LANE DAYTON, MN 55327- TOTAL 2,500.00 Payment(s) CI�ECK T102 2,500.00 OWNER O.T. Development, LLC 10300 l OTH AVE N PLYMOUTH, MN 55441- AGREEMENT AIVD SWORN STATEMENT The work for which this permit is issued shall be performed according to the approved plans and speciiications,applicablc City approvals,and the State Buildin�Code. This permit is for only Ihe 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 expirc 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 Permitec Signature Date Issucd By Signature Date � • . . BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#ab/�—�o� AGREEMENT made this�day of �ur , 20 , by an between the CITY OF ORONO, a Minnesota municipal corporation ("City") and O ' [i �,L ("Owners"). Recitals G G jca dG 1. A building permit application has been filed for ��Zs �ZT 2 z q located at �kSCa�G the ("Subject Property"), legally described as L I� Hennepin County Minnesota. � � �� ,��Q� I��OG/� � �t � 2. Owner requests 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 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 aiso 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 Pian 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 he work (including planning, engineering, or legal consultant review) associated with building permit #��/��7 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 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 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: CITY OF OR(�NO OWNER: BY: �7" ,b w,' s GGG ics: � �' S � Internal Use Only: G Original to Finance Department �Copy to Street F'e � ' ' CITY OF ORONO * z 0 1 4 — 0 0 z a 7 * 2750 KELLEY PARKWAY DATE 1SSUED: 03/17/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 2625 CASCADE LA PIN : 33-118-23-11-0 ll 6 LEGAL DESC : STONEBAY FIFTH ADDITION : LOT 006 BLOCK 001 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE -TIED TO BUILDING PERMIT NOTE: THIS$2500 ESCROW IS T1ED TO BUILDING PERMIT 2014-00207- PD BI'STONEBAY BUILDERS CHECK#T102 THIS ESCROW COVERS 2625,2627,AND 26?9 CASCADE LANE APPLICANT ESCROW FEE-BUILDING 2,500.00 ESCROW FEE- EROSION CONTROL 0.00 STONEBAY BUILDERS LLC ESCROW FEE-GRADING 0.00 14870 BROCKTON LANE DAYTON, MN 55327- TOTAL 2,500.00 Payment(s) CHECK T102 2,500.00 OWNER O.T. Development,LLC ]0300 l OTH AVE N PLYMOUTH, MN 55441- AGREEMENT AND SWORN STATEMENT The work for which this permit is issucd shall be performed according to the approved plans and specifications,applicable City approvals,and [he State Building Code. This permit is for only the work described and does not grant permission far 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 hereia 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 fbr a period of 180 days at any time afrer work has commenced. The applicant is responsible for assuring all required inspections are requested in conformance wi[h the Sta[e Building Code.This permit may be revoked at any time for due cause. / / Applicant Permitee Signature Date Issued By Signature � Date � s , . : • . � • emo To: Finance Department From: Christine Mattson, Planning Assistant CC: Street File Date: September 22, 2014 G/L: 101-22205 Re: Escrow Refund Building Permit Applications #2014-00208, #2014-00210 and #2014-00212 pertaining to 2625, 2627 & 2629 Cascade Lane, respectively, are complete. Please refund $2,500 to the applicant, Stonebay Builders, LLC. The following is attached: • Original signed escrow agreement • Copy of cash register receipt showing escrow amount received Mail to: Stonebay Builders, LLC 14870 Brockton Lane Dayton, MN 55327 w:\street files\cascade 1a�2625\escrow refund form 2014-00208,201400210&201400212.docx BUILDING PERMIT ESCROW AGREEMENT � Orono Building Permit#o�d/�-G�oZ-�,� � ��g'- �2.�.�� 4'" ��2• AGREEMENT made this�day of �ur , 20 , by an between the CITY OF ORONO, a Minnesota municipal corporation ("City") and O � d♦ �,L ("Owners"). Recitals G G jca dG 1. A building permit application has been filed for ��ZS �Z7 ,Z z g located at �kSGa�G the ("Subject Property"), legally described as " 11 �7 Hennepin County Minnesota. � �� Q /�.r�� /nG/� d / 2. Owner requests 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 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 o�-of-pocket costs the City has incurred to assure that the work is completed in accordance with the Stormwater Poylution Prevention Plan and the provisions of Orono City Code Chapter 79. The financial security may also b��sed 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 he work (including planning, engineering, or legal consultant review) associated with building permit #Ol�/�Q-�7 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 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 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: CITY OF ORC�NO OWNER: By: �� G.�" s GGC its: ' �' S � Internat Use Only: �Original to Finance Department G Copy to Street F e L L i�.�i YJic ��'-. '. C�:� .#�;y`v� Gr��.r�o �;� �«-�r ,�:.�,:�� ::.,; �j �S',.ic-c�.^�4Gil�' "�CR:�: n�Lt: ,., ��: .;.�ii+ `��r' i;. ��j_� JtC�Y'IE�ZS' i�ui:L'E�'� :.L:. r�.,EVl��t1� �3:df:Ca: u�:,�i}S ,v�(; �i?.i4-ri!?�t?? 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