HomeMy WebLinkAbout2009-00693 - escrow fee CITY OF ORONO PERMIT NO.: 2009-00693
�` 2750 KELLEY PARKWAY
` � ORONO, MN 55356- DATE ISSUED: 10/20/2009
952 249-4600 FAX: 952 249-4616
ADDRESS : 290 CRESTVIEW AVE
PIN : OS-117-23-14-0018
LEGAL DESC : BAYSIDE ADDN TO LAKE MINNETONK
: LOT 000 BLOCK 001
PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
NOTE: THIS GSCROW IS TIED TO BUILDING PERMIT-2009-00674
APPLICANT ESCROW FEE-BUILDING 2,500.00
HOCHSTEDLER, SCOTT TOTAL 2,500.00
290 CRESTVIEW AVE
LONG LAKE, MN 55356-
OWNER
HOCHSTEDLER, SCOTT
290 CRESTVIEW AVE
LONG LAKE,MN 55356-
AGREEMENT AND SWORN STATEMENT
The work for which this permit is issued shall be performcd according to
the approved plans and specifications,applicable City approvals,and thc
State Building Code. This permit is for only the work described and docs
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 wi[h 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 l80 days at any time after work has commenced.
The applicant is responsible for assuring all required inspections are
requested in conformance [h the State Building Code.This permit may be
revoked atany time for d e cause.
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A l' ant Permit ignature Date Issue y nature
SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOV
, � BUILDING PERMIT ESCROW AGREEMENT
AGREEMENT made this 7t" day of October 2009, by and between the CITY OF ORONO, a Minnesota
municipal corporation ("City") and Scott D. Hochstedler ("Owner").
Recitals
1. A building permit application has been filed for an addition to the principal structure located at
290 Crestview Avenue the ("Subject Property"), legal description of Lots 7 and 8, Block 1, "Bayside Addition to
Lake Minnetonka".
2. Owner requests 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 Owner 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
Owner would be responsible for under a zoning and subdivision application.
3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will in turn
send a bill to the Owner. Owner shall be responsible for payment to the City within 30 days of the Owner's receipt
of bill.
4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Owner does not make
payment to the City within the timeframe outlined in #3 above, the City may draw from the escrow account without
further approval of the Owner to reimburse the City for Eligible expenses the City has incurred. The City shall
notify the Owner the Owner of such draw and the nature of the expense for which the reimbursement is being
made. If the Escrow amount falls below 75% of the original escrow amount the Owner shall deposit additional
sums as directed by the City, or the City shall discontinue review and post a Stop Work Order.
4. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be returned to the
Owner when the review has been completed and written notification is received from the Owner requesting the
funds.
5. CERTIFY UNPAID CHARGES. If the project is abandoned by Owner, 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 F OW�IyER:
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Internal Use Only: 0 Original to Finance Department 0 Copy to Street File