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Home My WebLink AboutEscrow refund info . • . � • emo To: Finance Department From: Christine Mattson, Planning Assi�nt �/v� CC: Street File Date: September 22, 2014 G/L: 101-22205 Re: Escrow Refund Buiiding Permit Application #2013-00279 pertaining to 3955 Cherry Avenue (fka 1510 North Arm Drive) is complete. Please refund the$10,000 to the appiicant, Rea�Assets, LLC. The following is attached: • Original signed escrow agreement • Copy of cash register receipt showing escrow amount received Mail to: Real Assets, LLC 550 25th Avenue N St. Cloud, MN 56303 w:\street files\cherry ave\3955(formerly addressed 1510 north arm drive)lescrow refund form 2013-00279.docx TEMPORARY CERTIFICATE OF OCCUPANCY ESCROW AGREEMENT Orono Building Permit#2013-00279 AGREEMENT made this�L�r�day of `v��ei"'`�`r, 20�3 , by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and Atlas Homes, inc. ("Owners"). Recitals 1. Construction of the new residence located at 1510 North Arm Drive (former address) 3955 Cherry Avenue (new address) the ("Subject Property"), legally described as Lot 20 and Lot 21 except the east 10 feet thereof, Hickory Hill in Orono, Hennepin County Minnesota, is the subject of building permit application number 2013-00279 has been completed. 2. Winter conditions currently prohibit completion of exterior improvements, final grading, and vegetation establishment. An as-built survey cannot be accurately conducted at this time. 3. Owners request the City issue a temporary certificate of occupancy ("TCO") to the Owners so that the Owners may occupy the new residence. 4. The City will issue a TCO only if the Owners establish an escrow to ensure completion of exterior improvements, continuation of erosion control and submittal of an as-built survey to the City. NOW THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit $10,000 with the City. A►I 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 assure completion of any exterior improvements, final grading, establishment of vegetation as well as 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 building permit #2013-00279 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. 155441 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. 7. ACCESS TO SUBJECT PROPERTY. The Owners hereby grant to the City, its agents, employees, officers and contractors, the right to enter upon the subject property for the specific purpose of inspecting and completing any exterior improvements, final grading, establishment of vegetation and the restoration of the subject property should the Owners not complete the work by the specified dates. CITY: CITY OF ORONO OWNERS: By: �ts: n� � � ��,�� , � �� :� �,-�5�� _ ��t � . ��a��_� ��..�� .�. $,,.��.�� . _ _ r � 155441 00�-�=_Wd�•'#p �'I�,,14ilt t Oq•q��"--- 'Paaap,,�! a6uey� 61,,�n _ 0 rt�4,# .�u1 �Pa�H`d�l�}ol -�0_�'1 __y £9BIlr ;8�:�o,f� OQ OpS`1� --- ��a� -- __ 4'J 3rsudaQ .�ado 'rp�41 0�`OOS'� ianap_na� Pa�r.�a t10' 61c'4n-�I�c'# - �.7!-Maa�� aaue�e$ snorna,�� 1a�0-€'IO2# '�al `sa�N sei� €`l4Z `�I nc� L� IEUpIO` °N �dta�a8 443�i-6+t�-�r F � �'eM��'AaNW ouo�,� au��°�c�� ' CITY OF ORONO * 2 0 1 3 - 0 1 z z 1 * 2750 KELLEY PARKWAY DATE ISSUED: 1U14/2013 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADURESS : 3955 CHERRY AVE PIN : 08-117-23-33-9999 LEGAL DESC : HICKORY WLL : LOT MB BLOCK MB PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: BUILDING PERMIT 2013-00279 ESCROW FOR TEMPORARY CO APPLICANT ESCROW FBE -BUILDING 7,500.00 Atlas Homes 14450 117TH AVE N TOTAL 7,500.00 DAYTON, MN 55369- OWNER Atlas Homes 14450 1 17TH AVE N DAYTON, MN 55369- AGREEMENT AND SWORN STATEMENT The work for��hich this permit is issued shall bc peribrmcd according to the approved plans and specifications,applicable City approvals,and thc 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 governing this type of work shall be compied with whether or not specified herein.This permit will expire and bccome null and void if construction authorized is not commenced within I AO days of the date oi issuance,or if construction is suspended for a period of l80 days at any time after work has commenced. The applicant is responsible for assuring all required inspcctions are requested in conformance with the State Quilding Code.This permit may be revoked at anv time for due cause. / / / / Applicant Permitee Signature Date Issucd Bv Sienature Date SEPARATF PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. BUILDING PERMIT ESCROW AGREEMENT Orono Buiiding Permit#2013-00279 Demolition Permit#2013-00282 AGREEMENT made this_�day of �/1(.�� , 20�, by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and Real Assets II ("Owners"). Recitals 1. A demolition and building permit applications have been filed for a new principal structure located at 1510 North Arm Drive the ("Subject Property"), legally described as Lot 20 and Lot 21 except the east 10 feet thereof, Hickory Hill, 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 building permit #2013-00279 8� demolition permit #2013-00282 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 prop.erty pursuant to Minn. Stat. §§415.01 and 366.012. �.. CITY: CILY OF`ORC3l�[@ OWNER: ,, , . - � � � By: ' _ - ��I/�� -�' __ . � - �ts: , �. , ��---_ �—�—.� ..�-s..�----___ ai llse On� . "''� CI Ori rnal#o Plannin tZ Cc�p.y,�:Pro e Oar�ar ... �'Copy to Street File �� yw . � �� ' ' CITY OF ORONO * Z B 1 3 — 0 0 5 3 9 * 2750 KELLEY PARKWAY DATE ISSUED: 06/20/2013 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 1510 NORTH ARM DR PIN : 08-117-23-33-0078 LEGAL DESC : HICKORY HILL : LOT 020 BLOCK 000 PERMIT TYPE : ESCROW FEE -TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE -TIED TO BUILDING PERMIT NOTE: TIED TO BUILDING PERMIT 2013-00279&2013-00282 APPLICANT ESCROW FEE-BUILDING 2,500.00 ATLAS HOMES INC TOTAL 2,500.00 14450 117TH AVE N DAYTON, MN 55369- (763)691-9044 Minnesota State License#: BC20269686 OWNER Real Assets LLC 550 25TH AVENUE N ST CLOUD, MN 56303- AGREEMENT AND SWORN STATEMENT The work for which[his permit is issued 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 for additional or related work which requires separa[e permits. All provisions of laws and ordinances governing this 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 within 180 days of the date of issuance;or if construction is suspended for a period of 1 SO 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. � c� 1--'Q-�.Q�.� � �� c3� 3 / / P�ip icant Permitee Signature Date lssued By S� ture Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. �Permit o I O � 1 � �. . ► ►� �J � � �� J � �'� � a. ��: �,�279 _ UpdateAdC�e_s C•Mafn PIM Address Prrmft Address: 3955 CherryAve f Additfonal PIN Addres> . r Pertnit Issue General�Fees ��sPections(7'1)I Notes�Aoalicerrt Detnil�CO Deteil' Seq Inspection Type Inspedor Date Status H Fee Rec � 1 Ratlon Preverrtion Irtspedion WGIB 9/9/2013 P 0 � 2 F06tirrg � 3 Paured Wall WGIB 6l27J2013 P Y'0 � 4 Foundation Survey B/4 Framing CMAT 9/10/2013 P �IY 0 � � 5 Framirx� WGIB 9l11/2013 P iY 0 � � 6 Insulation WGIB 9/18/2013 P � 0 - � 7 Escrow ReTund Requested � 8 Esaow Refunded � 9 Flnal IWGIB 11/14/2013 �`( 0 _ ► � " � 11 Erosion CoMrol ►+� X Add New DNete