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HomeMy WebLinkAbout2014-01174 - escrow fee ` • CITY OF ORONO * Z 0 1 4 - 0 1 1 7 4 * 2750 KELLEY PARKWAY �ATE 1SSU��: 10/09/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS : 175 GOLDEN VIEW DR PIN ; 33-118-23-43-0015 LEGAL DESC : PETERMAN 2ND ADDN : LOT 006 BLOCK 001 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDF,NTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BU[LDING PERMIT NOTE: TI IIS I;SCROW[S��ll?D"I'O I3UII,DING PERMIT 2014-01 171 APPLICANT ESCROW FEE- BUILDING 2,500.00 ESCROW FEE- EROSION CONTROL 0.00 RIGLEY, .IOHN &S"i'EPHANIE GSCROW FEE-GRADING 0.00 175 GOLDEN VIEW DR LONG LAKE, MN 55356- TOTAL 2,500.00 (952)513-8874 Payment(s) CHECK ]004 2,500.00 OWNER RIGLEY,JOHN& STEPHANIG 175 GOLDEN VIEW DR LONG LAKE, MN 55356- AGREEMENT AND SWORN STATEMENT The work f�or���hich this permit is issued shall be performed according to the approved plans and specitications,applicable City approvals,and the State f3uilding Code. This permit is for only the work described and does not grant permission for additional or related work which requires separatc permits. All provisions of laws and ordinances governing this type of work shall be compied with whether or not specified herein."l�his permit�vill expire and become null and void if construction authorized is not commenced within I 80 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 reyuested in conforniance�vith the State Building Code.�I�his permit may bc revoked at any time for due cause. / / Applicant Permitee Signature Date Issued[3y Signature Date BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit# .�d l�-b t � 7� C. �i� AGREEMENT made this � day of !i. � �, 20� by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and_�;�T�-�, �( `�-j���/�r�i�1z�' _ ��f��.�-i._�("Owners"). Recitals 1. A building permit application has been filed for ��v�- located at ( /`__1 C-�c� I cGi � �,'�=;:: 2the ("Subject Property"), legally described as , Hennepin County Minnesota. 2. Owner requests 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 consuftant 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 afso 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 # 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 subject property pursuant to Minn. Stat. §§415.01 and 366.012. CITY; CITY OF ORONO OWNER: , ` '����� ��.' �� � �E + \ /�� B i � � � �` <'ll�--�t' V ,�--.` Y� r=. � ``�I�.-� � �ts: ��{�l Y` 'L,a � Internal Use Only: 0 Original to Finance Department 0 Copy to Street File Packet Last Updated: 0329/13 Page 21 of 21 i t . . � . . .'. .. � .. � . . . .. . .:.-,. . .H.^�'i.s3z,.. JOHN F. RIGLEY ,_ , STEPHANIE L. RIGLEY U.S. Bank Equilines"' 10 0 4 175 GOLDEN VIEW DRIVE ORONO,MN 55356 17-2/g10 :��_=!O=-�_ = PAY TO TFIE .: ORC�_R OF � �-�-y /�— -------- `-�l.�Un� - --- ---------� � 'GS'c�n:np �. ��iv�e I1u��r��--�d-°c%oc�.___ Mrnimum a ( � � �s — _ _ -- PAYABLETHqOUGH ank Allof �SBenkNeYorelAy��o� mount$100 � mservingyou� Mm"'woris.rnHssaao LLS.BanyNttlqvlASmGtl�pi Fvpo,NO5B125(08�3) nnEnno(��fi�YJ —(�to I � �: