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Home My WebLink About2012-01252 - escrow fee J CITY OF ORONO * Z 0 1 2 — 0 1 z 5 Z * 2750 KELLEY PARKWAY nATE ISSUEn: 12/18/2012 ORONO, MN 553�6- . (9�2) 249-4600 FAX: (9�2) 249-4616 ADDRESS : 1860 FOX ST PIN ` : 03-117-23-42-0016 LEGAL DESC : WALDRON WOODS : LOT 2 BLOCK l PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: ESCROV✓TIED TO BUILDING PERMIT#2012-0]177 FOR NEW HOME,PAID BY BUILDER:SWAI�'SON HOMES CK#3037� APPLICANT ESCROW FEE-BUILDING 2,500.00 SWANSON HOMES TOTAL 2,500.00 1360 HAMEL ROAD MEDINA, MN 55340- (763)478-0320 Minnesota State License#: 627982 OWNER OLSON, MICHAEL&JENNIFER 3924 UPTON AVE S M]NNEAPOLIS, MN 5�410- AGREEMENT AND SWORN STATEMENT The��ork for which this permit is issued shall be performed according to the approved plans and specifications.applicable Cit}�approvals,and the State Buildin�Code. This permit is for only the work described and docs not grant permission for additional or related work which requires separate permits. All provisions of laws and ordinances goveming this type of work shall be compied with whether or not specified herein.This permit will expirc and become null and void if construction authorized is not commenced within 1 RO davs of the date of issuancc.or iC construction is suspended for a period of 180 days at any time afrer work has commenced. The applicant is responsible for assurin�all required inspections are requested in conformance with the State Building Code.This permit ma��be revoked at any time for due cause. / / ! / Applicant Yernlitec Sianature Date Issued B��Si�nawre Datc SEPARATE PERMITS REQUIRED FOP. WORIi OTHER TE-iAN D;�SCRIBED ABOVE. BUILDING PERMIT ESCROW AGREEMENT � Orono Building Permit#2012-01177 AGREEMENT made this ��day of «-PC�r�-�VI��-� , 20 ��by and between the CITY OF ORONO, a ivtinnesota municipal corporation ("City") and Michael &Jennifer Olson ("Owners"). , Recitals 1. A building permit application has been filed for a new principal structure located at 1860 Fox Street the ("Subject Property"), legally described as Lot 2, Block 1, Waldron Woods , 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 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 al� 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. 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 �O� OWNER: By. � � ; � A.�� 4 , 1 "� i �` Its: 5 n'�`�� l�cv)�.L � _ 'fInternel Use Only: G Original to Planning 0 Copy to'Property°Owner G Copy`to Street Fite L�. . ��.-�.,�.�,�,,,�. �-�.-�-. f�-,-�� ,_...�.�.__� , ,�°�.�,_..��_..�._��.��_„sk.��r:�t�T.- .3 �_..�., .�-� _ ��_�.�.__._.�_-��.�._�a_:��,.:�:::..��::�,��,..u.�.ti�.� � ' �30375 �� WELLS FARGO BANK NA S��SO� 1360 Hamel Road SAN FRANCISCO, CA Medina,MN 55340 MOMES 11-24-1210 December 18, 2012 $7,581.75 8 DATE AMOUNT PAY Seven Thousand Five Hundred Eighty-One & 75/100 Doliars _ City of Orono N 2750 Kelley Parkway � TO THE `"F,- _..`,\ `'sF oROER oF Orono MN 55356 � �" � J �� JP Z ti.u�E 3'P' �'s-sT `t_',l; � '_'r,rg � . ' CURT SWANSON HOMES,LLC 3 0 3 7 5 Check 30375 December 18, 2012 City of Orono $7,581.75 Number of Invoices: 2 Invoice Number Description Date Amount Paid Disc 18601 1860 Fox Street 12/18/2012 $5,081.75 $5,081.75 18602 Erosion Control Escrow 12/18/2012 �2,500.00 $2,500.00