HomeMy WebLinkAbout2015-01569 - escrow fee f
' � " CITY OF ORONO
2750 KELLEY PARKWAY * Z 0 1 5 - PJ 1 5 6 9 *
DATE ISSUED: 12/16/2015
ORONO, MN 55356-
(952) 249-4600 FAX: (952) 249-4616
ADDRESS : 2697 ETHEL AVE
PIIY : 20-117-23-24-0045
LEGAL DESC : REG. LAND SURVEY NO. Ol 15
: LOT 000 BLOCK 000
PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
NOTE: THIS$700 ESCROW IS TIED TO BUILD[NG PERM[T 2015-01786
APPLICANT ESCROW FEE-BUILDING 700.00
COHEN, MARC& IRV TOTAL 700.00
Payment(s)
2697 ETHEL AVE CHECK 1125 700.00
WAYZATA, MN 55391-
(952)471-7700
OWNER
COHEN,MARC& IRV
2697 ETHEL AVE
WAYZATA, MN 55391-
AGREEMENT AND SWORN STATEMENT
The work for which this permit is issued shall be performed according to
the approved plans and specifications,applicable Ciry 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 l80 days at any time after work has commenced.
The applicant is responsible for assuring all required inspec[ions are
requested in conformance with the State Building Code.This permit may be
revoked at any time for due cause.
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Applicant Permitee Signature Date Issued By Signature Date
� , . ��.� �
BUILDING PERMIT ESCROW AGREEMENT � . �
Orono Building Permit#2015 01786 ����
AGREEMENT made this��day of 'l.. , 201ti , by and between the CITY OF ORONO,
a Minnesota municipal corporation (°City") and Marc Cohen ("Owners").
Recitals
1. A building permit application has been filed for a second story addition located at 2697 Ethel
Avenue the ("Subject Property"), legally described as Tracts D and E REGISTERED LAND SURVEY NO. 0115,
Hennepin County. Minnesota, also that part of Tracts A, B and C described as beginning at the most southerly
corner of Tract C thence northwesterly along the southwesterly line thereof 15 feet; thence northeasterly to the
most northerly corner of Tract B: thence southeasterly to a point in northeasterly line of Tract A distant 5 feet
southeasterly from the most northerly corner thereof thence southwesterly to a point in northwesterly line of Tract
A distant 15 feet southerly from most northerly corner thereof, thence southwesterly to point of beginning.
2. Owners request 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 Owners 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
consuttant review) or will incur in reviewing the plan. Eligible expenses shall be consistent with expenses the
Owners would be responsible for under a building permit application.The escrow will also guarantee reimbursement
to the City 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 hazardous conditions associated with the work and to repair any
damage to public property or infrastructure that is caused by the work (including planning, engineering, or legal
consultant review) associated with building permit#2015-01486 if 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 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 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 and written notification is received from the Owners requesting the funds.
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.
GITY:�CITY O ORONO OWNER: �
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