HomeMy WebLinkAbout2011-01556 - escrow fee �• _ � , CITY OF ORONO PERMIT NO.: 2011-01556
2750 KELLEY PARKWAY
ORONO, MN 55356- DATE ISSUED: 12/15/2011
952 249-4600 FAX: 952 249-4616
ADDRESS : 1105 FERNDALE RD W
PIN : 02-117-23-43-0033
LEGAL DESC : REG. LAND SURVEY NO. 0441
: LOT MB BLOCK MB
PERMIT TYPE : ESCROW FEE-APPLICANT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-APPLICANT
NOTG: 'fHIS$2500 ESCROW IS TIED"CO ZONING PERM[T APPLICATION 12-3540
APPLICANT ESCROW FEE-APPLICANT 2,500.00
BAGLEY, RALPH TOTAL 2,500.00
602 CARTER ST
C/O GEORGE BAGLEY
NEW CANAAN, CT 06840-
OWNER
BAGLEY, RALPH
602 CARTER ST
C/O GEORGE BAGLEY
NEW CANAAN, CT 06840-
AGREEMENT AND SWORN STATEMENT
Thc work for which this permit is issued shali be performed according[o
the approved plans and specifications,applicable City approvals,and the
Sta[e 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 ordinanccs 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
SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE.
APPLICATION ESCROW AGREEMENT
Zoning Application# i � - 3,5�
AGREEMENT made this�day of /,' 20 � ! , by and befinreen the CITY OF
ORONO, a Minnesota municipal corporation ("Cit�') and _Q,rl.�.s Tru w r f GCl�c�- PG/G� /� �i C'Q,Y'�
[a corporation—optiona/J ("Applicant").
Recitals
1. Applicant has filed Zoning Application# /a - �5 D formally requesting the City to
review plans for
located at
the"Subject Property")as more fully shown and described on Exhibit"A"attached hereto.
2. Applicant requests the City to review said plans which requires City approval inctuding
3. The City is wilfing to commence its review of the application and incur costs associated with said
review only if the Rpplicant 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 Applicant shall deposit $ SDO, � 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 A plicant, reviewing the plans, and preparing agenda packet material for City Council
review of application# �o - � Eligible expenses shall be consistent with expenses the
Applicant would be responsible for under a zoning and subdivision application.
3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the Ciry will in turn
send a bill to the Applicant. Applicant shall be responsible for payment to the City within 30 days of the
ApplicanYs receipt of bill.
4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Applicant 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 Applicant to reimburse the City for eligible expenses the City has incurred. The City shall
notify the Applicant 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 Applicant shall deposit additional sums as
directed by the City, or the City shall discontinue all review.
5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shall be retumed to the
Applicant when the review has been completed.
6. CERTIFY UNPAID CHARGES. If the project is abandoned by Applicant, or if the eligible
expenses incuRed by the City exceed the amount in escrow, the City shall have the right to certify the unpaid
bala e subject prope pursuant to Minn. Stat. §§415.01 and 366.012.
CITY: 0 APPLI NT/ E
By: By: r
its: c ���
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