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HomeMy WebLinkAbout2012-00578 - escrow fee ` ' CITY OF ORONO * Z 0 1 2 - 0 0 5 7 8 * 2750 KELLEY PARKWAY DATE ISSUED: 06/21/2012 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 2215 BAYVIEW PL PIN : 17-117-23-44-0026 LEGAL DESC : WALLACES ADDN TO VIL OF MTKA B : LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: ESCROW t�OR BUILDING PERMIT 2012-00502&DEMO PFRMI"I'2012-00500 APPLICANT ESCROW FEE- BUILDING 500.00 DUNN,TIMOTHY 3010 BROOKS LANE TOTAL 500.00 WAYZATA, MN 5539]- OWNER DUNN,TIMOTHY 3010 BROOKS LANE WAYZATA, MN 55391- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be performed accordin�to the approved plans and specifications,applicable City approvals,and the 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 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 4'�0 days aC any time after work has commenced. The applicant is responsi le�for assuring all required inspections are requested in confo.r ce w the State Buildine Code.This permit may be revoked at any.Yifii� r d e se. y � �� � ..i � � 'vu�� � Z,, / / Ap icant Permite i a re Date Issued By Si ture Date � SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED A O E. DEMOLITION PERMIT 2012-00500 � ESCROW AGREEMENT AGREEMENT made this�day of J�E , 20 .L, by and between the CITY OF ORONO, a Minnesota municipal corporation("City")and Timothy J. Dunn("Owners"). Recitals 1. An application for a demolition permit has been filed for an accessory structure located at 2215 Bayview Place ("Subject Property") legally described as Lots 23 and 24, Wallace's Addition to the Viliage of Minnetonka Beach. ,.B., 2. In conjunction with the demolition erosion controi measures are required as shown on attached Exhibit NOW,THEREOFRE,THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$2,000 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 (including planning, engineering, or legal consultant review)the City has incurred to assure that the erosion control measures are installed and maintained so the property compiies with 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. if compliance with the approved Land Disturbance Permit is not accomplished within the allowable time period, the City may bring the project into compiiance by use of the security. 3. RIGHT OF ENTRY. The Owners hereby grant the City, its agents, employees,officers and contractors the right to enter the property to perform all work and inspections deemed appropriate by the City in conjunction with the required erosion control measures,including but not limited to constructing or completing any and all of the agreed upon improvements should the Owners'contractor not complete those improvements by the date specified herein. 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 ali 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. Any remaining amount of the financial security deposited with the City for faithful performance of the plans and specifications and any related remedial work will be released after the completion and inspection of all such measures and the estabiishment of final stabilization for the Subject Property. 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 F RO @: OWNER • By: . �ts: h Internal Use Only: �Original:to Finance Department 0 Copy to Street File Citv of Orano 275� Kelley Parkway �_�49_� Orarb M�I 55355 Receipt No: 3.04699� Jun 7, 241? Autuen Ridge fia�es Previaus Balance: •� Pereits 2012-�503 - 2215 Bayview �,�•� Pla�e 101-2'c205 ➢eferred Rev-Developer Deposit _�__W_ Tatal: `��'� Check 2 �,� Check Na: 10335 , Payor: flutuan Ridge fio�es � 000.00 Total Rpplied: ___ �___�_ Change Tendered: ��---��� 06/U7/�01� 08:5'9F�1