Loading...
HomeMy WebLinkAbout2014-01066 - escrow fee � ' ' CITY OF ORONO * z 0 1 4 - 0 1 0 6 6 * 2750 KELLEY PARKWAY DATE ISSUED: 09/19/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 4460 FOREST LAKE LANDING PIN : 07-117-23-24-0015 LEGAL DESC : TONKAVIEW GARDENS : LOT O10 BLOCK 000 PERMIT TYPE : ESCROW FEE-T1ED TO BUILDING PERMIT NROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: THIS$2500 ESCROW IS"I'II;D TO BUII.DING PERM[T 2014-00932 APPLICANT ESCROW FEE- E3UILDING 2,500.00 ESCROW FEE- EROSION CONTROL 0.00 LEE'S LANDSCAPING& DESIGN 7990 69TH AVE N ESCROW FEE-GRADING 0.00 ROCKFORD, MN 55373- TOTAL 2,500.00 (763)688-1217 Payment(s) Minnesota State License#: BUIL-BC665790 CHECK 1566 2,500.00 OWNF,R BARTA, PATOM &JANICE 4460 FOREST LAKE LANDING MOUND, MN 55364- AGREEMENT AND SWORN STATEMENT "l�he work for�vhich this permit is issued shall bc perfonncd according to the approved plans and specitications,applicable City approvals,and the State Building Code. "Chis perniit is for only the work describcd and docs 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 specifled hcrein.1'his permit will espire 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 commenccd. Che applicant is responsible for assurin�all required inspections are requested in conformance with the State Building Code.'fhis permi[may be revoked at any time for due cause. / / Applicant Permitcc:Signature Date Issued By Signature Datc - � BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#2014-00932 AGREEMENT made this 2'"'� day of .S 1..� , 20,� by and between the CITY OF ORONO, a Minnesota municipal corporation ("City")Tom Barta("Owners"). Recitals 1. A building permit application has been filed a deck and stair replacement and installation of a paver patio located at 4460 Forest Lake Landing the ("Subject Property"), legally described as Lot 10 Tonkawa, Gardens, Hennepin County, Minnesota. 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 consultant review) or will incur in reviewing the pfan. 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 #2014-00932 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 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 successfu�ly 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 OWNER: By:s,��i�,w�o� . �ts: n r�0 ��s1 1� ,���. �� -