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HomeMy WebLinkAbout2014-01107 - escrow fee , • � CITY OF ORONO � 1 4 - � 1 1 0 7 * 2750 KELLEY PARKWAY DATF. ISSUED: 09/29/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 1410 CHERRY PL PIN : 08-117-23-33-0081 LEGAL DESC : CRYSTAL BAY VIEW : LOT 000 BLOCK 004 PERMIT TYPE : ESCROW FEE -TIED TO BU[LDING PERMIT PROPERTY TYPE : RESIDENTIAL COIVSTRUCTION TYI'C : ESCROVI-' PEE-TIED TO BU[LDING PERi�11T NO"I E: THIS$2500 F.SCROW IS T[F,D TO BUILDING P6RMtT 2014-01 108 APPLICANT ESCROW FEE-BUILDING 2,500.00 ESCROW FEE- EROSION CONTROL 0.00 STONEWOOD, LLC ESCROW FEE-GRADING 0.00 153 E LAKE STREET WAYZATA, MN 55�91- TOTAL 2,500.00 (612)462-4000 Payment(s) Minnesota State License #: BUIL-BC�94315 CHECK 13020 2,500.00 OWNER Receipt No: 3.011$88 Sep 29, �G14 TORGERSON, KEVIN& TERESA 1410 CHERRY PL MOUND, MN 55364- Stonewoo�l LLC Previo�is Balar�ce: ��� Permits AGREEMENT AND SWORN STATEMEIVT 2014-G1107 141� Cherry 2,5U0.�0 The�vork for which this permit is issued shall be performed according ro Pl the approved plans and specitications,applicable Ciry approvals,and the 1 0 1--22205 State Building Code. This permit is for only the���ork described and does DHf01'f ed ReV-�ev9i�pei� DepOt31 t not grant permission for additional or related work which requires separate -- ---- �� permits. All provisions of la�vs and ordinances governing[his t}�pe of work ;� � I • 2,5U0,OU shall be compied with whether or not specitied herein This permit��ill _____________.�;. ezpire and become null and void if construction authorized is no[ k 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 conunenced �;I i6ck No: 1302U 2,5U0.00 The applicant is responsible for�ssuring all required inspections are PByDY: requested in conformance with the State E3uilding Code.This permit may be StpflzwOpd LLC revoked a[any time for due cause. 1 otal Appl led: 2,500.00 Char�ye �I�end�red: .00 � Applicant 1'ermilee Signature Datc 1; � , �VVILL . $� �+ J APPLICATI N ESCROW AGREEMENT �e rrv�.cL. #.�-a► - b //0 8' AGREEMENT made this Zlo�'day of�S���'�. , 20�, by and between the CITY OF ORONO,a Minnesota municipal corporation ("City")and pt�v�.�. aw.d -rc���s� -ra���,.sc� [a corporation—optionalJ ("Owners"). Recitals 1. Owners have filed Zoning�Application# o���` - D//0 � formally requesting the City to review plans for a Si �c f�.w�:� ' located at the property address d: O r r rnµv SS39 (the"�ubject Propert�') legaliy described as Lo Z r .-/ ,u I�vt N e-Pr'••�. Gawwl�v M,:�►hcso Q � 2. Owners request the City to review said plans which requires City approval and may require consulting legal and/or engineering review. 3. The City is willing to commence its review of the application and incur costs associated with said review only if the Owners establish an escrow to ensure reimbursement to the City of its costs. - NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$ t,S�,�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 wifl incur in meeting with the Owners, reviewing the plans, and preparing agenda packet material for City Council review of application#o?O/� - 6//D$ . 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 �wners 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. CITY: CITY OF ORONO OWNERS: By: l J� ►�� BY- �' S Its: ItJ Its: �- I�temal Use Onty: 0 Original to Finance Departrnent G Copy to Zoning File 0 Copy to Street File Packet Last Updated.• March 2014 Page 10 of 27