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HomeMy WebLinkAbout2014-00710 - escrow fee CITY OF ORONO * 2 0 1 4 - 0 0 7 1 0 * i , 2750 KELLEY PARKWAY pATE ►SSUE�: 07/09/2014 ORONO, MN 55356- � (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 2948 CASCO POINT RD PIN : 20-117-23-31-0036 LEGAL DESC : REG. LAND SURVEY NO. 0461 : LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE-APYLICAN'I' PROPERTY TYPE : RESIDENTIAL COIVSTRUCTION TYPE : ESCROW FEE-APPLICANT NO"I�E: THIS$700.00 GSCROW IS TII;D"1'O LAND USE APPLICATION 14-3677 APPLICANT ESCROW FEE-APPLICAN"T 700.00 ESCROW FEE- DEVELOPER 0.00 JOHNCOX, PAUL TOTAL 700.00 2948 CASCO POIN"I� RD WAYZATA, MN 55391- Payment(s) CHFCK 11757 700.00 OWNER JOHNCOX, PAUL 2948 CASCO POINT RD WAYZATA, MN 55391- AGREEMENT AND SWORN STATEMENT The ti�ork for���hich this pennit is issued shall be performed according to the approved plans and specitications,applicable City approvals,and thc State Building Code. 'l�his permit is for only the work described and does not grant pennission for addilional or related work which requires separate permits. All provisions of laws and ordinances governing this type of work shall bc compied with whether or not specitied hercin.This permit will expire and become null and void if construction authorized is not commenced within 180 days of the date oY issuance,or if construction is suspended for a period of 180 days at any time afrer ti�ork has commenced. The applicant is responsible for assuring all required inspections are requested in conformance with the State Quilding Code.This permit may be revoked at any time for due cause. / / Applicant Permitce Signature Date Issued By Signature Ualc LAND USE APPLICAT N ESCROW AGREEMENT Appiication # i .� - �i (�'"�� AGREEMENT made this�_�-tlay of , 0 � b and betw n t e CITY OF ORONO, a Minnesota municipal corporation ("City and [a corporation-optional� ("Owners"). Recitals 1. Owners have filed Zoning pplication# , 7�� formally requesting the City to review plans for a l� t 6 (� '�E' C�l'Vif'�? -CB'L� located at the property addresse . (the"Subject Property") legally described as - � ' � c•- o 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 $�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, or legal consultant review) or will i�citr �n mgatin� with t!,a�ln;r�ers, rPviQwinn t�lE? �I.�Rg, anc� nreparinc agend� nacket material for City Council review of application # l - �.�(�'%� , . 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 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. "j a CITY: CITY OF ORONO OWNERS: By:���' ���/�/� ' i "�� By: its: �''2-t'2�-�.-t-,-�—� its: �� Internal'Use Only: ❑Original to Fiaance Department D Copy to Zonin,g Fi1e �Copy to Street;File Packet Last Updated: March 2014 Page 10 of 25