HomeMy WebLinkAbout2015-00133 - escrow fee , CITY OF ORONO * Z 0 1 5 - 0 0 1 3 3 *
� 2750 KELLEY PARKWAY DATE ISSUED: OU30/2015
ORONO, MN 55356-
952 249-4600 FAX: 952 249-4616
ADDRESS : 125 KINTYRE LA
PIN : 32-118-23-43-0017
LEGAL DESC : KINTYRE TWO
: LOT 3 BLOCK 1
PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
PROPERTY TYPE : RESIDENTIAL
CONSTRUCTIOIY TYPE : ESCROW FEE-TIED TO BUILDING PERMIT
NOTE: TIED TO BUILDING PERMIT 2014-00685 FOR NEW HOME,PD BY GONYEA HOMES INC-CK#15064-$7,500.00
APPLICANT ESCROW FEE-BUILDING 7,500.00
TOTAL 7,500.00
GONYEA HOMES Payment(s)
6102 OLSON MEMORIAL HIGHWAY CHECK 15064 7,500.00
GOLDEN VALLEY,MN 55427-
(612)741-9069
Minnesota State License#: BUIL-2459
OWNER
Gonyea Homes
6102 OLSON MEMORIAL HWY
GOLDEN VALLEY, MN 55427-
AGREEMENT AND SWORN STATEMENT
'I'he work for which this permit is issued shall be performed according to
the approved plans and specitications,applicable City approvais,and the
State Building Code. This permit is for only the work described and does
not grant permission for addi[ional or related work which requires separate
permits. All provisions of laws and ordinances governing this type of work
shall be compied wi[h 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 cequired inspections are
requested in conformance with the State Building Code.This permit may be
revoked at any time for due cause.
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NYEA HOMES INC
City Of Orono 15064
Date Type Reference 1/29/2015
1/29/2015 Bill 125 Escrow Originai Amt. Balance Due Discount Payment
7,500.00 7,500.00 7,500.00
Check Amount 7,500.00
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' TEMPORARY CERTIFICATE OF OCCUPANCY
ESCROW AGREEMENT
Orono Building Permit#2014-00685
AGREEMENT made this�day of v�t� , 20,� by and befinreen the CITY OF
ORONO, a Minnesota municipal corporation ("City")and Gonyea Homes ("Owners").
Recitals
1. Construction of the new residence located at 125 Kintyre Lane,the ("Subject Property"),
legally described as Lot 3, Block 1, Kintyre Two, in Orono, Hennepin County
Minnesota, is the subject of building permit application #2014-00685 has been
completed.
2. Winter conditions currently prohibit completion of exterior improvements, final grading,
and vegetation establishment. An as-built survey cannot be accurately conducted at this
time.
3. Owners request the City issue a temporary certificate of occupancy ("TCO") to the
Owners so that the Owners may occupy the new residence.
4. The City will issue a TCO only if the Owners establish an escrow to ensure completion of
exterior improvements, continuation of erosion control and submittal of an as-built survey
to the City.
NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS:
1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow
Agreement, the Owners shall deposit a10,000 with the City. All 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 assure completion of any
exterior improvements, final grading, establishment of vegetation as well as guarantee reimbursement to
the City for all out-of-pocket costs the City has incurred (including planning, engineering, in excess of
$500, or legal consultant review) or will incur in reviewing the plan. Eligible expenses shalt be consistent
with expenses the Owners would be responsible for under a building permit application. The escrow will
also guarantee reimbursement to the City for all out-of-pocket costs the City has incurred to assure that
the work is completed in accordance with the Stormwater Pollution Prevention Plan and the provisions of
Orono City Code Chapter 79. The financial security may also be used by the City to eliminate any
hazardous conditions associated with the work and to repair any damage to public property or
infrastructure that is caused by the work (including planning, engineering, or legal consultant review)
associated with building permit #2014-00685 if compliance with the approved building permit is not
accomplished.
3. MONTHLY BILLING. As the City receives consultant bills for incurred costs, the City will
in turn send a bill to the Owners. Owners shall be responsible for payment 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 outlined 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 further approval
of the 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 returned 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 return 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 successfully completed.
155441
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6. CERTIFY UNPAID CHARGES. If the project is abandoned by Owners, or if the eligibie
expenses incurred by the City exceed the amount in escrow, the City shall have the right to certify the
unpaid balance to the subject property pursuant to Minn. Stat. §§415.01 and 366.012.
7. ACCESS TO SUBJECT PROPERTY. The Owners hereby grant to the City, its agents,
employees, officers and contractors, the right to enter upon the subject property for the specific purpose
of inspecting and completing any exterior improvements, final grading, establishment of vegetation and
the restoration of the subject property should the Owners not complete the work by the specified dates.
CITY: CITY OF ORONO OWNERS:
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By: \ ___.
its:
155441