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HomeMy WebLinkAbout2013-00195 (escrow fee) . , CITY OF ORONO * 2 0 1 3 - PJ 0 1 9 5 * 2750 KELLEY PARKWAY DATE ISSUED: 03/22/2013 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 3165 CASCO CIR PIN : 20-117-23-43-0026 LEGAL DESC : SPRING PARK : LOT 036 BLOCK 000 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: TH1S$7500 ESCROW[S FOR A TEMPORARY CERTIFIC�ITE OF OCCUPANCY-PD CHECK-3315 APPLICANT ESCROW FEE-APPLICANT 7,500.00 ARMSTRONG, WARD& KATHLEEN ESCROW FEE- DEVELOPER 0.00 6898 EDGEBROOK PLACE EDEN PRAIRIE, MN 55346- TOTAL 7,500.00 OWNER ARMSTRONG, WARD& KATHLEEN 6898 EDGEBROOK PLACE EDEN PRAIRIE, MN 55346- AGREEMENT AND SWORN STATEMENT The worh for whidi[his permit is issued shall be performed according[o the approved plans 1nd specifications,applic�blc City approvals,and the State Building Code. This permit is for only the work described 1nd does not grant permission Yor additional or related work which requires separate permits. All provisions of laws and ordin�nces governing Ihis type of work shall be compied witli whether or not specitied herein.This pennit will expire and become null and void if construc[ion au[horized is not commenced wi[hin 180 days of the date of issuance,or if construction is suspended for�period of l30 days at any time after work has commenced. The applic�int is responsible for assuring all required inspections are requested in conformance�vith the State Quilding Code.This permi[may be revoked at any time for due cause. / / / / Applicant Permitee Signatw�e Date [ssued By Signature Date SEPARATE PERM("I�S REQU[RED FOR WORI<OTHER THAN DESCRIBED ABOVE. DEMOLITION PERMIT ESCROW AGREEMENT Permit Number#2012-00473 and BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#2012-00318 AGREEMENT made this � �day of J�-�r-� , 20�Z, by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and Ward & Kathy Armstrong ("Owners°). Recitals 1. A demolition permit for demolition of existing principal structure and accessory structure and building permit application for a new principal structure has been filed for the property located at 3165 Casco Circle the ("Subject Property"), legally described as Lot 36 and 37 and adjacent vacated road, Sunset Park, Hennepin County Minnesota. 2. Owners 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 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 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 demolition permit #2012-00473 and building permit #2012-00318 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 subjeetpr��rty pursuant to Minn. Stat. §§415.01 and 366.012. ( �.�_._� CITY: CI F RONO OWNER: , _. c--�_ By. -% - � Its: J'rC ����'z-�- �. Internal Use Only: �Original to Planning G Copy to Property Owner C Copy to Street File , (,��' fr ., ��, . � � . � � � � . .i -� ��n � ;I .._��k� �" � 4�'�:+ i�-�� .��j°'�r i(�:i� .. .. � � �� � ��� .: �� . . 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