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HomeMy WebLinkAboutEscrow refund . • , • . • • � • , m e o To: Finance Department From: Christine Mattson, Planning Assistant �/Y ' ' CC: Street File Date: January 4, 2017 G/L: 101-22205 Re: Escrow Refund Building Permit#2016-01183 pertaining to 1225 Dickenson Street is complete. Please refund $2,500 to the property owner,Tom and Sarah Giel. The following is attached: • Original signed escrow agreement • Copy of cash register receipt showing escrow amount received _ Mail to: Tom&Sarah Giel 1225 Dickenson Street Wayzata, MN 55391 w:�,street files�didcenson st\1225�escrow refund 2016-01183.doac • . LAND USE APPLICATION ESCROW AGREEMENT Appllcatlon#�oi�-o//83 AGREEMENT made this�day of�C�'D,�j�,�, 20 by and between the CRY OP ORONO,a Minnesota municipal corparatron (�Cit�')and i [a c:orporation—optional� ("Owners"}. Recitals 1. Ovmers have fiied Land Use A plication#d►O�b��/1�'3formally requesting the City to review plans for the property addressed: /c� / � {the °Subject Properiy°) legally aescribed as Ldb 9�o i �lr 2. Owners request the City to review said pians which requires City approvat and may require consuRing legat and/or engineering review. 3. The City is willing to commence Its review o�f the application and incur costs associated with said review oniy if the Owners establish an escrow to ensure reimbursemerrt to the C3ty of its c�sts. N�W THEREFORE,THE PARTIES AGREE A8 FOLLOW3: 1. DEPOSR O� ESCROW FUN�. Cor�temporaneously with the execution aF this Escrow Agreemen#� the Owners shall depos�t;.��_with the Clty. Ali �ccrued interest. If any, shall be paid to the City to�eimburse the City ior its cost in administering the escrow acxount. 2. PURPOSE OF ESCROW. The purpose of the escrow Is to guarentee reimbursement to the City for a!I out-0f-pocket c�sts the City has incurred {including plannmg,engineering, ar legai consultant review)ar will incur in meeting with the Owr�ers, reviewing the plans, ar� preparing agenda packet material for Cfty Council review af Land Use Application�2/�I4-Ult 8�. Efigible expenses shali be consisterrt with expenses the Ownsrs would be responsibie for under a land use application: 3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will tn turn send a bill to the Owners. Owners shall be responsible for payment to the Cit�+ within 30 days of the Owners' reoeipt of bill. � � 4. DISBURSEMENT FRQM ESCROW ACCOUNT. In the everrt that the Oumers do not make payment to the City within the timeframe outlined in #3 above, shall oease alt reviews ur►til the Owners pay all ex�nses invoiced pursuarrt to #3. The City may draw from the escrow account without further approvai of the Owners to reimburse the City for eiigible expenses th8 City has incurred. 5. CLOSiNG ESCROW. The Balanc;e on deposit in the escrow, if any, shall be retumed to the Owners when all requiremeirrts related to the proJect are oomplete. Cit�r Staff shall review the terms of this estx�ow agreemerrt two times per year to determine wheth� the requirements of t�e projeCt have been successfully completed and whether it is appropriate to retum the funds. Oumer may also request the release of the funds, and such funds shap be released upan City Staff receiving the appropriate ve�lfication tha#all requiremerrts of the pro�ec�have been sucxessfuliy compieted. 6. CERTIFY UNPAID CHARGES. If the project is abandoned by Owners,or if the�ligibte expenses incurred by the City exoeed the amount in escrow, #he City shall have the right to certEfy#he unpaid balance to the sub�ect property pursuant to Minn.Stat.§§415.01 and 366.012. 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F, . .Y ..,?., .. 184 . .; R.4 �,,,� ��r ,`��iS�-�- �`. ,r � :.�9.� r �...r �������� _ ... ��r:E '�£v.�r '°��i '',�'�p ��0��� S' y � � ._z ej,.`+'i S�.py:. .. ,� ��. _ F �,*: e�r -��vy•��-ty,-._ �,,,rq,��'"`3a���pr�+, ,.+ �*J ,�! :� �r... `ft 4 P .s _ ? f o �.� "�:y.�, '�' f�,�� N .f � '�" ��r'ax r ' �, }.,_ ,s:� "7� --��ei�r `F" `+y' .� z"���, r' - =S ,r', b , r.�..y.. ..E' R•. - + � X �: t •�k . �f t • � R ��'y j f `r E �,�X' t �� s-� �,;�`'�{�j����� �a..�md-}�.•� .��;. «?' k t"+� _ }..'�t.�.�-0 fq f .y BOULDER IAAAGE8 INC � 10604 CITY OF ORONO 09/23/16 Performance Bond TOM GIEL ��� 2,500.00 � 1225 DICKENSON ST. WAYZATA, MN ' City of Orono 2750 Kelley Parkway , Orono MN 55356 952-249-4600 / � Receipt No: 3.016510 Sep 23, 2016 � . BREMER CHECKING Boulder Images 2,500.00 Previous Balance: .00 Permits - 2016-01184 1225 2,500.00 Dickenson St 101-32520 Zoning Permit --------------- Total: 2,500.00 --------------- Check Check No: 10604 2,500.00 Payor: Boulder Images Total Applied: 2,500.00 --------------- Change Tendered: .00 ----------- 09/23/2016 02:02PM � � ` CITY OF ORONO 2750 KELLEY PARKWAY '�` 2 0 1 6 — PJ 1 1 8 4 * DATE ISSUED: 09/23/2016 ORONO,MN 55356- (952)249-4600 FAX: (952)249-4616 ADDRESS : 1225 DICKENSON ST PIN : 02-117-23-31-0048 LEGAL DESC : MINNETONKA BLUFFS : LOT 000 BLOCK 016 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2500 ESCROW IS TIED TO ZONING PERMIT APPLICAITON 2016-01183 APPLICANT ESCROW FEE-APPLICANT 2,500.00 BOULDER IMAGES TOTAL 2,500.00 1225 DICKENSON Payment(s) WAYZATA,MN 55391- CHECK 10604 2,500.00 (651)322-7499 OWNER GIEL,TOM&SARAH 1225 DICKENSON STREET WAYZATA,MN 55391- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shall be performed according to the approved plans and speci6cations,applicable City approvals,and the State Building Code. This permit is for only the work described and dces not grant permission for additional or related work which requires separate permiu. All provisions of laws and ordinances goveming this type of work shall be compied with whether or not specified herein.This permit will exp've 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 are 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