HomeMy WebLinkAbout2013-00600 - escrow fee , , CITY OF ORONO * z 0 1 3 — 0 0 s 0 0 *
` ' 2750 KELLEY PARKWAY DATE ISSUED: 07/02/2013
ORONO, MN 55356-
(952) 249-4600 FAX: (952) 249-46t6
ADDRESS : 1860 FOX ST
PIN : 03-]17-23-42-0016
LEGAL DESC : WALDRON WOODS
: LOT 2 BLOCK 1
PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
N01�E: "I'II;D"I�O 1311ILDING PERMI"I'#2012-01 177-PAID E3Y: SWANSON HOMt?S CK#31602
APPLICANT ESCROW FEE- BUILDING 7,500.00
SWANSON HOMES "T'OTAL 7,500.00
1360 HAMEL ROAD
MEDINA, MN 55340-
(763)478-0320
Minnesota State License#: 627982
OWNER
OLSON, MICHAEL&JENNIFER
3924 UPTON AVE S
MINNEAPOLIS, MN 55410-
AGREEMENT AND SWORN STATEMENT
The���ork ibr wfiich this permit is issued shall be performed according to
the approved plans and specitications,applicable City approvals,and the
State I3uilding 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 goveming this rype of�vork
shall be compied with whed�er or not specitied 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 assurin all required inspections are
requested in conformance with t .tat ilding Code."I'l�is permit may bc
wevoke�F�time for d aus ��y>
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Applicant Permitee Signature Date � �� � � �
Issued I3y Signature Date
SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE.
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TEMPORARY CERTIFICATE OF OCCUPANCY
ESCROW AGREEMENT
Orono Building Permit#2012-00117
AGREEMENT made this ��— day of -��l�l , 20�, by and between the CITY OF
ORONO, a Minnesota municipal corporation ("City") and,�/lichael&Jennifer Olson ("Owners").
Recitals
1. Construction of the new residence located at 1860 Fox Street the ("Subject Property"),
legally described as Lot 2, Block 1, Waldron Woods in Orono, Hennepin County
Minnesota, is the subject of building permit application number 2012-01177 has been
com pleted.
2. Winter conditions currently prohibit completion of exterior improvements, final grading,
and vegetation establishment. An as-built survey cannot be accurately conducted at this
time.
3. Owners request the City issue a temporary certificate of occupancy ("TCO") to the
Owners so that the Owners may occupy the new residence.
4. The City will issue a TCO only if the Owners establish an escrow to ensure completion of
exterior improvements, continuation of erosion control and submittal of an as-built survey
to the City.
NOW THEREFORE, THE PARTIES AGREE AS FOLLOWS:
1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow
Agreement, the Owners shall deposit $10,000 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 assure completion of any
exterior improvements, final grading, establishment of vegetation as well as guarantee reimbursement to
the City for all out-of-pocket costs the City has incurred (inctuding planning, engineering, in excess of
$500, or legal consultant 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 #2012-01177 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.
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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.
7. ACCESS TO SUBJECT PROPERTY. The Owners hereby grant to the City, its agents,
employees, officers and contractors, the right to enter upon the subject property for the specific purpose
of inspecting and completing any exterior improvements, final grading, establishment of vegetation and
the restoration of the subject property should the Owners not complete the work by the specified dates.
CITY• F 01�.ON0 OWNERS:
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By:
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Its:
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Internal Use Only: �7j�riginal to Finance Department �Copyto Street'File
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