HomeMy WebLinkAbout2015-00472 - escrow fee f . ` CITY OF ORONO * 2 0 1 5 - 0 0 4 7 2 *
2750 KELLEY PARKWAY DATE ISSUED: 04/23/2015
ORONO,MN 55356-
952 249-4600 FAX: 952 249-4616
ADDRESS : 1150 HOMESTEAD TR
PIN : 28-118-23-32;O�I�r1�U1 - O�O4g
LEGAL DESC : UNPLATTED 28 118 23
: LOT 000 BLOCK 000
PERMIT TYPE : ESCROW FEE-APPLICANT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTION TYPE : ESCROW FEE-APPLICANT
NOTE: THIS$2500 ESCROW IS TIED TO ZONING APPLICATION 15-3737
APPLICANT ESCROW FEE-APPLICANT 2,500.00
ESCROW FEE-DEVELOPER 0.00
BUSCHBOM,MARGARET M TOTAL 2,500.00
1150 HOMESTEAD TR Payment(s)
LONG LAKE,MN 55356- CHECK 1042 2,500.00
OWNER
BUSCHBOM,MARGARET M
1150 HOMESTEAD TR
LONG LAKE,MN 55356-
AGREEMENT AND SWORN STATEMENT
The work for which this permi[is issued shall be performed according to
the approved plans and specifications,applicable City approvals,and the
State Building Code. 1'his permit is for only the work described and dces
not gant permission for additional or related work which requires separate
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 I80 days of the date of issuance,or if construction is
suspended for a period of l80 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
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LAND USE APPLICATION ESCROW AGREEMENT
Applicatlon# /S 3737 '�
AGREEMENT made this�_day of APR►�e. , 20/�, by and between the CITY OF
ORONO, a Minnesota municipal corporation("City")and
%i M S tc.Ef�.C.b/
[a corporation—opfionalj ("Ovmers').
' Recitals
1. Owners have filed Land Use Application# formally requesting the City to review plans
for the property addressed: 11 S"C I�e��s��s,,,,,y -�y�q,�L, (the "Subject Property") legally
de5cribed as f�7�VAlA�T�ILO Z b 1�a Z Z 'f'N.4: r�Art s��rfr�e w7 bM9 k e�� �v..�Vsi a�!�w S►w
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2. Owners request the City to review said plans which requires City approval and may require
consulting legal and/or engineering review.
3. The City is willing to commence its review of the application and incur costs associated with said
review oniy if the Owners establish 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$�!'�elO with the City. Ail 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, or legal consultant review)or wiil
incur in meeting with the Owners, reviewing the plans, and preparing agenda packet material for City Counal
review of Land Use Application#/.5-3737 . Eligible expenses shall be consistent with expenses the Owners
would be responsible for under a land use application.
3. MONTHLY BILLING. As the City receives consultant bills for incurred costs,the City will in tum
send a bill to the Owners. Owners shail be responsible for payment to the City within 30 days of the Owners'
receipt of bill. ,
4. DISBURSEMENT FROM ESCROW ACCOUNT. In the evenfi that the Owners do not make
payment to the City within the timeframe outlined in #3 above, shall cease all reviews until the Owners pay all
expenses invoiced pursuant to#3. The City may draw from the escrow accourrt without further approval of tFie
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 retumed to the
Owners when all requirements related to the project are complete. City Staff shall review the terms of this escrow
agreement two times per year to determine whether the requirements of the project have been successfully
completed and whether it is appropriate to retum the funds. Owner may also request the release of the funds,
and such funds shall be released upon City Staff receiving the appropriate verification that all requirements of the
project have been successfuliy completed.
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 pursuant to Minn.Stat.§§415.01 and 366.012.
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