Loading...
HomeMy WebLinkAbout2014-00033 - escrow fee � � • } CITY OF ORONO 2750 KELLEY PARKWAY * Z 0 1 4 - 0 0 PJ 3 3 * DATE ISSUED: O1/13/2014 ORONO, MN 55356- 952 249-4600 FAX: 952 249-4616 ADDRESS : 2605 KELLY AVE PIN : 20-117-23-14-0022 LEGAL DESC : TOWNSITE OF LANGDON PARK : LOT 005 BLOCK 005 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2500.00 ESCROW IS TIED TO THE DEMOLTION PERMIT-2013-00974 APPLICANT ESCROW FEE-APPLICANT 2,500.00 ESCROW FEE-DEVELOPER 0.00 WINE, SCOTT&JILL TOTAL 2,500.00 2587 KELLY AVE EXCELSIOR,MN 55331- Payment(s) CHECK 3044 2,500.00 OWNER WINE, SCOTT&JILL 2587 KELLY AVE EXCELSIOR,MN 55331- AGREEMENT AND SWORN STATEMENT 7'he 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 goveming 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 r .. . , DEMOLITION PERM{T 2013-0Q974 ESCROW AGREEMENT AGREEMENT made this � 3-,day of �a-Yl , 2U_L'� by and between the CITY OF ORONO, a Minnesota municipal oorporation("City")and Scott 8�Jill ine("Owners"). Recitats 1. An application for a demolition permit has been filed for the principal stnacture located at 2605 Kelly Avenue ("Subject Proper#y") legally described as Lot 5, Block 5 of Townsite of Langdon Parlc, Hennepin County, AAinnesota, including the adjoining vacated 34 feet of Kelly Avenue. 2. In cnnjunction with the demolition,erosion control measures are requir�d as shown on aitached Exhibit •AA NOW,THEREOFRE,THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution af this Escrow Agreement, the Owners shall deposit$2,500 with the City. All aocn�ed interest, if any, shall be paid to the City to reimburse the City for its cost in administering ti�e escrow accourrt. 2. PURPOSE OF ESCROW. The purpose of the escrow is to guarantee reimbursement to the City for all out-of-pocket oosts (induding planning, engineering,or legal consultan#rerriew)the City has incucred to assur�e that the erosion cor�trol measures are installed and maintained sa the property complies with the provisions of Orono City Code Chapter 79. The financial secu►ity may also be used by the Ciry to eliminate arry hazardous conditions associated with the work and to repair any damage to public property or infrastructure that is caused by the work. If compliance with the approved Land Disturbance Permit is not ac�amplished within the allowable time period, the City may bring the project into compliance by use of the security. 3. }2fGFlT OF ENTRY. The Owners hereby grant the City,its agents,employees,officers and contractors the right to enter the property to perform all work and inspec6ons deemed appropriate by the City in conjunction with the required erosion control measures,induding but not fimited to constructing or completing any and all of the ag�ed upon improvements should the Owners'contractor not complete those improvements by the date spectified herein. 3. MONTHLY BILLING. As the City reoeives consultarrt bills for incurred costs, the City will in tum send a bill to the Owners. Owners shall be�esponsible for paymertt 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 outfined 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 ft.,rther approval of the Owners to reimburse the Giiy for eligible expenses the Ci#y has incurred. 5. CLOSING ESCROW. Any remaining amount of the financiai security deposited with the City for faithful perf+�ormance of the plans and speafications and any related remedial work will be released after the completion and inspection of aif such measures and the establishment of final stabilization for the Subject Property. 6. CERTIFY UNPAID GHARGES. If the p�oject is abandoned by Ovmers, or if the eligible expenses incurred by the City exceed the amourrt in escxow, the City shall have the right to certify the unpaid balance to the subject ursuant to Minn.Stat_§§415.01 and 366.012. �,a CITY: C1TY. N OWNERS: r . ' B�l: / �, � � !J��r"'Le �t$: Iaternal Use Only: 0 Origingl to Tinanee Deparhne�t E1 Copy to Street File