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HomeMy WebLinkAbout2011-01301 - escrow fee � CITY OF ORONO PERMIT NO.: 2011-01301 2750 KELLEY PARKWAY ORONO, MN 55356- DATE ISSUED: 10/24/2011 952 249-4600 FAX: 952 249-4616 REPRINTED ON 10/24/2011 ADDRESS : 315 HOLLANDER RD PIN : 25-118-23-43-0014 LEGAL DESC : HOLLY ACRES : LOT 001 BLOCK 002 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2,000.00 ESCROW IS CONNECTED TO DEMO PERMIT#20ll-01284-F DEMOLITION OF POOL APPLICANT ESCROW FEE-APPLICANT 2,000.00 FAGRE,NATHAN&CONSTANCE TOTAL 2,000.00 3 I S HOLLANDER RD WAYZATA,MN 55391- OWNER FAGRE,NATHAN&CONSTANCE 315 HOLLANDER RD WAYZATA,MN 55391- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be performed according to the 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 related work which requires sepazate permits. All provisions of laws and ordinances governing this type of 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 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 assuring all required inspections aze requested in conformance with the State Building Code.This permit may be revoked at any time for due cause. / / / / Applicant Permitee Signature Date Issued By Signature Date SEPARATE PERMITS REQUIRED FOR WORK OTHER THAN DESCRIBED ABOVE. � Oct-21-2011 10:41am From-CITY OP ORONO +9522494616 T-244 P.001I001 F-698 DEMa�{T10N PERMIT 2011•p1284 ESCRGIW AGI2EEMENT AGR�EMENT made thise����day of ��'�'''C°� , 20�, by and between tlte CI'fY OF ORdNO, a Minnesota municipat corporation("Cily")and Nathan&Constance Fagre("Own�rs°). Recltals 1. An appllcation for a demolitlon permit has bee�t filed for the �ool located at 316 Holland9r Road ("Subject Property')legally describett as!ot 1, Block 2,Holly A�res,Hennepin County,Minnesota, 2. in conjunction with the demo�ition erosion control measures are requ�red as sl�o�an on attached Exhibit`A". NOW,THEREOFR�,7N�PARTIE8 A�R��AS FOLLOWS: 1, pEP05tT OP �SCROW FUND3, Contemporaneously w(th thE execulioi7 of thls Escrow Agreemant, tne owners shall deposit�2,000 urlth the Ciiy. Al! accrued interest, if any, shall be paid to the City to reimburse ihe City for its cost in administering the escrow account, 2. PURPOSE OF ESGRQW. The purpose of the escrow is to guarantee r��:imbursem�nt to ihe Clty for all out-Of•pocket costs(including planning, engineering,ar legal consultant revlew)ihe Ciiy nas fncurred to assure that th�erosion control measures are installed and maintained so the property compl(es with tha provislons of Orono City Code Chapter 79. 7he �nancial security may also be used by the Clly to elfmin�te� any hazardaus conditlons associatad with itls work and to repafr any damago fQ puetic property or infrastructure thrii is caused by the�vork, If compliance with the approved Land Distutbanae Permlt is not accomplished wlthin the al�owable tirne perlad,the Cfty may bring the pro�ect lnto com}�Ilanoa by use of the secu�ity, 3. RIaHT OF 6NTRY. The �wners h�r�by grant the Clty, its agents, employe�s, o�Cers and contractors the right to entsr the property ta perform all worK and fnspections deemecl apprapti�te by tlte Clty In conjunction wilh ths required erosion control nteasutes,including but noi fimited to conslrucling or compfeting any and all ot the agraed upon improvenients should the oumers' contractor not camplete thos�a improvements by the date specified herein. 3. M�NTHI�Y BILLING. As the City receives consultant bills for incurred costs, the Cily wi11 in tum send a bfll to the Owners. 4wners shall be responsible for payment to the City within 3p days af�he Ownsrs' recaipt aT bill. 4. DISSURSel1AENT FROM ESCRpW ACCOUNT. In the event that the Owners do not make payment to the City within the tfineirame outlfned in#3 above, sMau issue a Stop Wo�k order untfl�ne bwners pay all expenses invo(ced puf8uant to #3. 'rhe Cily may draw from the esCrow account wlthout furtner approv�l of the Ownars to reimbu�se the Clry for eligible expenses the City has incu�r'sd. S. CLdSING �SCROW. Any remaining amount of tt�e financ(at secu�ity dgposited with the C1ty for falthful performanc9 Of the plans and specifications and any related remedial Work wlll be released after the compleUorl2nd inSpeCtion of all such n18aSures and the establishment of firlal stabfllzation for the Subject PtOperry, 6. CERTlFY UNPAID CHAR(3ES. !f the project is abandoned by Owner�, or if the Qliglble expenses incurred by the City excesd the amount in escrow, the City sh�ll have the right to Ce►tify the unpaitl balanee to the subJe fty pursuant ta Mlnn.Siat.§§415.01 and 366.012. CITY: CIT F D QW . -�-''r. By, �its: � <TAtqrRAl tJqe Only: •' • � . G Origi�inl to�inance Depflrtment Q Cppy io Sfreet File � �so�sa � DEMOLITION PERMIT 2011-01284 ESCROW AGREEMENT EXHIBIT "A" - Erosion Control 150784 .