HomeMy WebLinkAbout2016-00723 - escrow A �+ CITY OF ORONO * 2 fd 1 6 — 0 0 7 2 3 *
2750 KELLEY PARKWAY DATE ISSUED: 06/22/2016
ORONO, MN 55356-
(952) 249-4600 FAX: (952) 249-4616
ADDRESS : 865 FERNDALE RD W
PIN : 02-117-23-44-0006
LEGAL DESC : AUDITOR'S SUBD.NO. 184
: LOT 104 BLOCK 000
PERMIT TYPE : ESCROW FEE-APPLICANT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-APPLICANT
NOTE: THIS$2500 ESCROW IS TIED TO ZONING APPLICATION#16-3839
APPLICANT ESCROW FEE-APPLICANT 2,500.00
TOTAL 2,500.00
ERICKSON, STEVEN Payment(s)
865 FERNDALE RD W CHECK 9240 2,500.00
ORONO, MN 55391-
OWNER
ERICKSON, STEVEN
865 FERNDALE RD W
ORONO,MN 55391-
AGREEMENT AND SWORN STATEMENT
The work for which this permit is issued shall be performed according to
the approved plans and specitications,applicabie 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 180 days at any time after work has commenced.
The applicant is responsible for assuring all required inspections are
requested in conformance with the State Building Code.This permit may be
revoked at any time for due cause.
/ /
Applicant Permitee Signature Date Issued By Signature Date
� �
LAND USE APPLICATION ESCROW AGREEMENT
Application # �� �3 S39
AGREEMENT made this��day of � , 20�, by. and between the CITY OF
ORONO, a Minnesota municipal corporation ("City") and v�tv� Er1 c�lson
[a corporation–optionaQ ("Owners").
Recitals
1. Owners have filed Land Use Application #�(�`3�9 formally requesting the City to review plans
for the property addressed: 85s fv���IL 2d w (the "Subject Property") legally
described as
2. Owners request the City to review said plans which requires City approval and may require
consulting legal 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$ tiS��� pO 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, revi� ewing the plans, and preparing agenda packet material for City Council
review of Land Use Application #% 3�3AJ . 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 all requirements related to the project are complete. Ciiy Staff shall review the terms of th�s 2scraw
agreement two times per year to determine whether the requirements of the project have been successfully
completed and whether it is appropriate to return the funds. Owner may also request the release of the funds,
and such funds shall be released upon City Staff receiving the appropriate verification that all requirements of the
project have been successfully 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 OWNERS:
By: ��,'I,U��'� 1��`�t1� — B .
Its: " �' 4���'` � Its:
internai Use Only: �O�iginai to Fir�ance Departmen# �Copy#o Zoning Fi�e G Copy to Street fite