HomeMy WebLinkAbout2014-00481 - escrow fee .
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CITY OF ORONO * 2 0 1 4 - 0 0 4 8 1 *
2750 KELLEY PARKWAY DATE ISSUED: OS/20/2014
ORONO, MN 55356-
(952) 249-4600 FAX: (952) 249-4616
ADDRESS : 2690 FOX ST
PIN : 04-117-23-42-0003
LEGAL DESC : AUDITOR'S SUBD.NO. 229
: LOT 000 BLOCK 000
PERMIT TYPE ; ESCROW FEE-TIED TO BUILDING PERMIT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
NOTI',: "I'HIS$2500 ESCROW IS TII:D"1�0 E3UILDING PERMIT 2014-00298
APPLICANT ESCROW FEE-BUILDING 2,500.00
ESCROW FEE-EROSION CONTROL 0.00
JACOBSON, MICHAEL
2690 FOX ST ESCROW FEE- GRADING 0.00
WAYZATA, MN 55391- TOTAL 2,500.00
Payment(s)
CHECK 6468 2,500.00
OWNER
JACOBSON, MICHAEL
2690 FOX ST
WAYZATA, MN 55391-
AGREEMENT AND SWORN STATEMENT
The work for which this permit is issued shall be performed according to
thc approved plans and specifications,applicable City approvals,and the
State Building Code. This permit is for only the work described and does
not grant permission for additional or rela[ed work which requires separate
permits. All provisions of laws and ordinances governing this type ot�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 wi[hin 180 days of the date ot�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.
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Applicant Permitee Signature Date Issued By Signature Date
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BUILDING PERMIT ESCROW AGREEMENT
Orono Building Permit #2014-00298
AGREEMENT made this�day of , 20�, by and between the CITY OF ORONO,
a Minnesota municipal corporation ("City") Mike Jacobs ("Owners").
Recitals
1. A building permit application has been filed for an in-ground pool and deck located at
2690 Fox Street the ("Subject Property"), legally described as Lot 21 and the West 264 feet of Lot 18 also the
west 264 feet of that part of Lot 16 lying south of Lot 19 extended easterly, and subdivision number 229,
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 shail be consistent with expenses the
Owners would be responsible for under a building permit application. The escrow wili 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 #2014-00298 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.
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
sub�rap�y pursuant to Minn. Stat. §§415.01 and 366.012.
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CITY OF Ot�ONO ___� OWNER:
By: ''�
Its:
Internal Use Only. , _, ,„,: �]Origlnal to Planning``" "'0 Copy to Property Owner �Copy to^5treet File