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HomeMy WebLinkAbout2014-00794 - escrow fee � � CITYOFORONO * Z0 14 - 0fd794 * 2750 KF.LLEY YARKWAY DATE ISSUED: 07/28/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 2�19-4616 ADDRESS : 1855 CONCORDIA ST PIN : 17-117-23-22-0038 LEGAL DESC : FAGERNESS WOODS : LOT 002 BLOCK 001 PERMIT TYPF. : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPL[CANT NO"1'I?: TH[S$700.00 ESCROW IS TIED TO C.U.P.APPLICnTION 14-3682 APPLICANT ESCROW FEE-APPLICANT 700.00 ESCROW FEE- DEVELOPER 0.00 KELLY, JAMES& MARGARET TOTAL 700.00 1855 CONCORDIA S. Payment(s) WAYZATA, MN 55391- CHECK 8252 700.00 OWNER KELLY, JAMES& MARGARET 1855 CONCORD[A S. WAYZATA, MN 55391- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be perfonned according to the approvcd plans and specifications,applicable City approvals,and dre State Building Code. This permit is for only the work dcscribed and does not grant permission 1or additional or related work which requires separate pcnnits. All provisions of laws and ordinances governing this type of work shall be compied with whether or not specified herein.This pennit will expire and becomc null and void iY construction authorized is not commenced within 180 days ofUic date of issuance,or it�construction is suspended for a period of 180 days at any time after work has commenced. The applicant is responsible for assuring all required inspections are requested in contormance with the State Building Code."I�his permit may bc revoked at any time for due cause. / / npplicant Permitee Signature Date Issued I3y Signature Date { � LAND USE APPLICATION ESCROW ��EEMENT Application#�_- ��(1 AGREEMENT made this�_day of ,) (,t � ��_, 20 t y , by and b�tween the C1TY OF ORONO, a Minnesota municipai corporation ("City") and � I�'1 Gi�1 c,�i.'lS t" � _)��-��t- � �� �_�� [a corporation- optionalJ ("Owners"). Recitals 1. Owners have filed Zoning Application # �� - ���' ��' formally requesting the City to review plans for a ��V(,�'1/���'���GZ 1 L(,t�'t I� 'i'1�'1�1.�L�- �!J►� LC� G���l �, (� ,���r7 c,��^ located at the property addressed: I �(�S C�7L't C�-�,'c1 i�i Sf-i�-�-1- (the"Subject Property") legally described as 2. Owners request the City to review said plans which requires City approval and may require consulting legai 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 $ L�C-� 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 will incur in meeting with the Owners, revie ing the plans, and preparing agenda packet material for City Council review of application # �`'� - �,(c���i�i . 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 Owners 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 OWNE�S• " � By�`l���C�7 ��'�� gY: its: (.�'�Z`�'��1 Its: l lntemal Use Only: �Original to Finance Department ❑ Cop_yto Zonin_g File ❑ Copy to Street File Packet Last Updated: March 2014 Page 10 of 27