HomeMy WebLinkAbout2014-00071 - escrow fee aL
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� CITY OF ORONO * z p� 1 4 - 0 0 0 7 1 *
2750 KELLEY PARKWAY DAT ISSUED: OU22/2014
ORONO, MN 55356-
952 249-4600 FAX: (952) 249-4616
ADDRESS : 568 KEENE AVE
PIN : 02-117-23-31-0042 I
LEGAL DESC : MINNETONKA BLUFFS �I
: LOT 000 BLOCK 016 '
PERMIT TYPE : ESCROW FEE-APPLICANT
PROPERTY TYP : RESIDENTIAL
CONSTRUCTIO TYPE : ESCROW FEE-APPLICANT i
NOTE: THIS$700 SCROW IS TIED TO ZONING PERMIT APPLICATION#14-3650
APPLICANT ESCROW FEE-APPLICANT 700.00
ESCROW FEE-DEVELOPER 0.00
DAVIDSON,DON LD&JOANNE
TOTAL 700.00
568 KEENE AVE. Payment(s)
WAYZATA,MN 5 391- CHECK 4107 � 700.00
OWNER
DAVIDSON,DON�ILD&JOANNE
568 KEENE AVE. '
WAYZATA,MN 55391-
AGREEME T AND SWORN STATEMENT
The work for which this permit is issued shall be performed according to
the approved plans and pecifications,applicable City approvals,and the I
State Building Code. T is permit is for only the work described and does
not grant permission for additional or related work which requires sepazate ,
permits. All provisions f laws and ordinances goveming this rype of work
shall be compied with hether or not specified herein.This permit will
expire and become null d void if construction authorized is not :
commenced within 180 ays of the date of issuance,or if construction is
suspended for a period 180 days at any time after work has commenced. j
The applicant is respons'ble for assuring all required inspec[ions aze
requested in conforman e with the State Building Code.This permit may be
revoked at any time for ue cause.
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Applicant Permitee S gnature Date Issued By Signature Date
L 1
APPLICATION ESC��V11 AGR�
� Zoning Application#�(�_ ,
A I REEMENT made this �N,-�day of '�'A,�3 , 20 I , by and befinr�en the CITY OF
ORONO, a�Minnesota municipal corporation (°City") and �<��r . ' �/���,
[a corporat on—optiona wner�).
Recitals
1. Owner has fi ed Zoning Appl'cation# �y - ��"��formally requestin� the City to review �.
plans for V �Z Cl/ � �w:i� located
at • � �i the
"Subject P perty") as more fully shown and described on Exhibit"A" attached hereto.
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2. Owner requests the City to review s id lans which requires City approval in luding ' ''� �
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3. ! The City is willing to 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 cos�s.
NOW THE�EFORE,THE PARTIES AGREE AS FOLLOWS:
1. � DEPOSIT OF ESCROW FUN S. Contemporaneously with the execu ion of this Escrow
Agreement the Owner shall deposit $��with the City. All accrued interest, if any shall be paid to the
City to reim�urse the City for its cost in administering the escrow account. '
2. � PURPOSE OF ESCROW. The purpose of the escrow is to guarantee reim ursement to the City
for all out-o-pocket costs the City has incurred (including planning, engineering, or legal con ultant review) or will
incur in m eting with t�i��Owner, re iewin the plans, and preparing agenda packet mat rial for City Council
review of a plication#� - %���. Eligible expenses shall be consistent with xpenses the Owner
would be r sponsible for under a zoning and subdivision application. �
3. MONTHLY BILLING. As the City receives consultant bills for incurred cost�, the City will in turn
send a bill t�the Owner. Owner shall be responsible for payment to the City within 30 days o the Owner's receipt
of bilL
4. DISBURSEMENT FROM ESCROW ACCOUNT. In the event that the Ov�ner does not make
payment to the City within the timeframe outlined in #3 above, the City may draw from the es row account without
further app oval of the Owner to reimburse the City for eligible expenses the City has incur ed. The City shall
notify the ner of such draw and the nature of the expense for which the reimbursement i being made. If the
Escrow am unt falts below 75% of the original escrow amount the Owner shall deposit additional sums as
directed by�he City, or the City shall discontinue all review.
5. CLOSING ESCROW. The Balance on deposit in the escrow, if any, shal� be returned to the
Owner whe�the review has been completed.
6. ' CERTIFY UNPAID CHARGES. If the project is abandoned by Owner, or if t�e eligible expenses
incurred by�he City exceed the amount in escrow, the City shall have the right to certify the u paid balance to the
subject pro erty pursuant to Minn. Stat. §§415.01 and 366.012.
CITY OF O ONO OWNER
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By: By: _
Its: � � Its:
Packet Last dated: 0912013
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