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Home My WebLink About2015-00285 - escrow fee � � CITY OF ORONO * z 0 1 5 - 0 0 z 8 5 * 2750 KELLEY PARKWAY DATE ISSUED: 03/10/2015 ORONO, MN 55356- 952) 249-4600 FAX: (952 249-4616 ADDRESS : 4415 FOREST LAKE LANDING PIN : 07-117-23-24-0047 LEGAL DESC : TONKAVIEW GARDENS : LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2,000 ESCROW IS TIED TO'LONING PERMIT 2014-01377 APPLICANT ESCROW FEE-APPLICANT 2,000.00 ESCROW FEE-DEVELOPER 0.00 LINE, TIMOTHY& LORI TOTAL 2,000.00 4415 FOREST LAKE LANDING MOUND, MN 55364 Payment(s) CHECK 7882 2,000.00 OWNER LINE,TIMOTHY&LORI 4415 FOREST LAKE LANDING MOUND, MN 55364 AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be performed according to the approved plans and specifications,applicable City approvals,and the State Building Code. This permi[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 s � LAND USE APPIICATION ESCROW GREEMENT Application# Zd)y" �13"'1�1 ti I AGREEMENT made this � day of ��tar�n�x , 20,�S�, by and befin►een the CITY OF ORONO, a Minnesota municipal corporation ("City")and -�'jrvl � L�lilie' (.t�lU (a corporation-opfionalj("Owners"). Recitals 1. Owners have f'led Land Use Application��7formally requesting the City to review plans for the propert addressed: ��5 �pY'�- L�— (the "Subject Property°) , legally descrit�ed as 1 i I1 TD►1 ✓+�w t 'iY�t E � 1�0� Lb( l.�S 0!- � ��tCtrGvr"Of�-i-�-1�0, Nor��+:� cA.,, � M a. 2. Owners request the City to revisw 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 ESCRO � �ND Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$ e:GF.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, reviewin�9 the plans, and preparing agenda packet material for City Council review of Land Use Application �D�N��3i1. 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. tn 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. City Staff shall review the terms of this escrow 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 successfutly 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 OR O . OWNERS: . J ' •_, �,�,L�, /� 7 gy: 8�--��. �, �_ y�r ;%� Its: p{G�.-YYV�!�Y� Its: -L.s�G��1 fs ��''� In�maf_tise('1nly: �Original fo�tnai�e L1e�tartmel� �Copyto Zoning Fife �7 Gopytfi1�6":$f�#t��