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HomeMy WebLinkAbout2015-00117 (escrow) ! _ ' CITY OF ORONO 2750 KELLEY PARKWAY * 2 0 1 5 - 0 �1 1 1 7 * DATE ISSUED: OU23/2015 ORONO, MN 55356- 952 249-4600 FAX: 952 249-4616 ADDRESS : 4565 BAYSIDE RD PIN : 06-117-23-21-0010 LEGAL DESC : BAYSIDE BERRY FARM : LOT 2 BLOCK 1 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: ESCROW FOR NEW HOME PERMIT#2015-00115-PAID BY:DENALI CUSTOM HOMES CK#11273-$2,500.00 v���.ed- l �. `�, � � `��. '�.��_\ � V� �� ��� ��v S� APPLICANT ESCROW FEE-BUILDING 2,500.00 DENALI CUSTOM HOMES,INC. TOTAL 2,500.00 18283 MINNETONKA BLVD. Payment(s) DEEPHAVEN,MN 55391- CHECK 11273 2,500.00 (952)476-2679 Minnesota State License#: BUIL-20175394 OWNER DOUBECK, TIM&MARY 4565 BAYSIDE RD MAPLE PLAIN,MN 55359- 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 S[ate Building Code. This permit is for only the work described and does not grant permission for additional or related work which requires sepazate permits. All provisions of laws and ordinances goveming chis 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 wi[hin 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. ' �U� ' _ �1�-�-- UW�LCC.r� � ���J� /S Applicant Permitee S gna re Date Issued By Signature Date BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit# 2015-00115 AGREEMENT made this 22�d day of February , 2p 15 , by� and between the CtTY OF ORONO, a Minnesota municipal corporation ("City") and Tim and Marv Doubek ("Owners"). Recitals Tim and Mary Doubek 1. A building permit application has been filed for by Denali Custom Homes, Inc located at 4565 Bayside Road Orono, MN 55356 the ("Subject Property"), legally described as Lot 2 Block 1 Bavsid Berry Farms 2. Owners request the City to review this application which requires City approval and may require consultant legal and/or engineering review. 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 out-of-pocket costs the City has incu�red 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# 2015-00115 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 retumed 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 shafl be released upon City Staff receiving the appropriate verification that all requirements of the project have been successfully completed. 6. CERTIFY UNPAtD 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:��II�II�Jh'1��0►� ������ ,j �,� � Tim Do �j �j / Its: � ���-� C�C i ' ,� ll"-Z. L ' J /- ` � �, Doubek ' Internal Use Only: Origlnal to F' ce Department G Copy to Street Fle City of Orono " 2750 Kelley Parkway Orono MN 55356 952-249-4600 Receipt No: 3.012681 Jan 23, 2015 Denali Custom Homes Planning and Zoning 2015-00117 4565 Bayside 2,500.00 Rd 101-22205 Deferred Rev-Developer Deposit --------------- Total: 2,500.00 --------------- --------------- Check _ Check No: 11273 2,500.00 Payor: Denali Custom Homes ' Total Applied: 2,500.00 --------------- Change Tendered: .00 --------------- --------------- O1/23/2G15 05:19PM PROVINCIAL 112 7 3 DENALI CUSTOM HOMES, INC. B�K 18352 MINNETON#CA BLVD �w.,.Q�o,,;,,�;,�y,,,�.�m DEEPHAVEN,MN 55391 r�cvs���wv.ius 952-476-2679 75-1681-919 1/2312D15 ,� V N a c PAY TO THE ° ORDER OF Clty Of OP0110 Q **2,500.00 a ��� Yy Two Thousand Five Hundred and 00/1D0*rr*,r**�*r,r,t*,rrawwa+,r,rr�r*+�rw�►*r*�**tr+t*,t,t*,�,r*,t:,tt+r*,e��xx�,e****rr:,r.r+rx*t+.turr**,r*ti � DOLLARS � City of Orono � 2750 Kelly Parkway � 8 Orono, MN 55356 �/ � / MEMO AUTHORIZED SIC��PlATURE _ _ __ __��.itdirtq Permit-Daubek Escrow