Loading...
HomeMy WebLinkAbout2012-01231 - escrow fee ` * CITY OF ORONO 2750 KELLEY PARKWAY * 2 0 1 2 - 0 1 2 3 1 * DATE ISSUED: 12/11/2012 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 325 CRESTVIEW AVE PIN : OS-117-23-14-0031 LEGAL DESC : BAYSIDE ADDN TO LAKE MINNETONK : LOT 000 BLOCK 005 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NO"1'I�:: ADDI�fIONAL$500.00 ESCROW WI{ICH T[ED PGRMIT 2012-01098 AND 2012-00��2-PD CHL'CK#6896 APPLICANT ESCROW FEE-APPL[CANT 500.00 RESIDENTIAL RENEWAL INC ESCROW FEE- DEVELOPER 0.00 3615 INGLEWOOD AVE ST LOU[S PARK, MN 55416- TOTAL 500.00 (612) 805-2462 Minnesota State License#: CR236002 OWNER SULLNAN, WENDY 3409 26TH. AVE. S MINNEAPOLIS, MN 55406- ACREEMENT AND SWORN STATEMENT Chc;work for which this permit is issued shall be perYormed according 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 pennission for additional or related work which requires separate pennits. All provisions of laws and ordinances governing this type of work shall be compied with whethcr 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 I SO days at any time atter work has commenced. The applicant is responsible for assuring all required inspections are requested in conformanec with the State[3uilding Code.Tl�is permit may bc revoked at any time for due cause. / / / / Applicant Permitce Signature Date Issued By Signature Datc SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. e �- BUILDING PERM(T ESCROW AGREEMENT Permit#2012-01098 and DEMOLITION PERMIT ESCROW AGREEMENT Permit#2012-00552 AGREEMENT made this�day of 20�rby and between the CITY OF ORONO, a Minnesota municipal corporation(' ity')and Wendy Sullivan('Owners"). Recitals 1. A building permit appliqtion has been flled for a new principal structure located at 325 Crestview Avenue the ("Subject Propert�/'), {egally described as Lots 3, 4 and 5, Bbck 5, Bayside Addition to Lake Minnetonka,Hennepin County,Minnesota. 2. Owners request the City to review this application. 3. The Ciry will commence its review of the applicatlon 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 FOLLOW3: 1. DEP031T OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement,the Owners shall deposit an additional$500 combined with the$2,000 previously deposited with the City for the demolition permit. The combined total hela in escrow by the City of Orono will then be$2,500. 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 Cfty for all out-of-pocket costs the City has incurred (inGuding planning, engineering, in excess of $500, or legal consultant review) or will incur in reviewing the plan. Eligible expenses shall be oonsistent with expenses the Owners would be responsible for under a building permit application. The escrow will also guarantee reimbursement to the Ciry 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 hazarcfous conditions associated with the worlc and to repair any damage to public property or infrastructure that is caused by the woric(including planning, engineering, or tegal consultant review) associated with building permit #2012-01098 and demolltlon permlt A2012-00552'rf 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 tum send a bill to the Owners. Owners shall be responsible for payment to the Ciry 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 Clty wfthln the timeframe outlined in#3 above,shall issue a Stop Worlc 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 retumed to the Owners when the review has been completed and written notification is received from the Owners requesting the funds. B. CERTIFY UNPAID CHARGES. If the project is abandoned by Owners,or'rf 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. CI . ITY OF('�ONO ` OWNER: By, V�.% � Its: Inbmal Us�Ony: O Orqinal to Planniny O Copy to Property Own�r �Copy to Stn�t Flls