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Home My WebLink AboutLand Use application escrow refund . � . . . • . � • � • , emo To: Finance Department From: Christine Mattson, Planning Assistant,.,,�A l/r"� CC: Zoning File Date: August 3, 2016 G/L: 101-22205 Re: Escrow Refund Land Use Application #16-3811 pertaining to 3438 Lyric Avenue is complete. Please refund $2,500 to the applicant, Landsource LLC. The following is attached: • Original signed esa-ow agreement • Copy of cash register receipt showing escrow amount received Mail to: Landsource LLC 525 25�'Avenue N St. Cloud, MN 56303 z:�zoning applications�2016�f3797 thru\16-3811 (3438 lyric ave)varlescrow refund 16-3811.doac � - > � LAND USE APPLI TION ESCR ��J2EEMENT Application#�- � AGREEMENT made this �� day of � , 20� � by and between the CITY OF ORONO, a Minnesota municipal corporation ("City°) and S4KvGe (�-G [a corporation—optionaQ ("Owners"). Recitals 1. Owners have filed Zoning Applic tion# `� - �� formally requesting the Cit to review plans for a VQ.�'��CC-PD'Ylrlµ��a►-�^�i�.¢sv �,e_vv� �vl��'f�cnd�.s..-d �a. located at the property addressed: ?N3¢� L.i�'� �4+n�.- (the"Subject Property") legally described as l.vk- 23 !S I o� � �lavav.c... .�c.?�4 i^5 2. Owners request the City to review said plans which requires City approval and may require consulting legal and/or engineering review. 3. The City is willing to commence its review of the application and incur costs associated with said review only if the Owners establish an escrow to ensure reimbursement to the City of its costs. NOW THEREFORE,THE PARTIES AGREE AS FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$�'S6c7 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 guarantee reimbursement to the City for all out-of-pocket costs the City has incurred (including planning, engineering, or legal consultant review) or will incur in meeting with th� Owners, reviewing the plans, and preparing agenda packet material for City Council review of application# b - �J�_. 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 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 cease all reviews 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 shatl 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 ver�cation that all requirements of the project have been successfully 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 property pursuant to Minn. Stat. §§415.01 and 366.012. CITY: CITY OF ORONO , OWN S: By: f titi� �� By: - �ts: �� n�r �ts: '•4-- ��„�a��►- . _ _. ��+��_�.�' ��X��a►��'�i�.��_ ��:�� Packet Last Updated: January 2015 Page 10 8.�...�.....�...�....�..� ' ` � MINNWESTBANK ' OO1 Z9F 3130 2nd Straet S-P.O.Bmc 7429 I.andsource, LLC se.cio�a,MN 68502 550 25th Ave N �6'1�aMs�e Saint Cloud,MN 56303 a �p ( .,,- �'�� . �''� ✓'� �� r �2 c� °= s.,` � �� o� � `�'VGJ'��u�e a�O�O � t�c,�-,- �� -c�� I � po 200 �� . , � Landaource,LLC/5S0 25th A Ci ty of Orono 2750 Kelley Parkway ��129t Orono MN 55356 952-249-4600 Receipt No: 3.015066 Feb 10, 2016 Landsource Planning and Zoning 16-3811 3438 Lyric Ave 2,500.00 101-22205 � Deferred Rev-Developer Deposit Planning and Zoning • 16-3811 3438 Lyric Ave 700.00 101-34420 � Cond Use-Variance-Dev Fees Total: 3,200.00 --------------- --------------- Crieck Check No: 001295 3,200.00 Payor: l.andsource,LLC/550 25th Landsource i Total Applied: 3.zoo.00 ' 00129� --------------- Change Tendered: .00 --------------- ---------------- 02/10/2016 04:12PM � 'I�I 'I�'I'I'(�II �II 80854 � ' ' ` ` CITY OF ORONO 2750 KELLEY PARKWAY '�` 2 0 1 6 — PJ 0 1 4 7 * DATE ISSUED: 02/1U2016 ORONO, MN 55356- 952)249-4600 FAX: (952 249-4616 ADDRESS : 3438 LYRIC AVE PIN : 17-117-23-43-0077 LEGAL DESC : NAVARRE HEIGHTS : LOT 023 BLOCK 005 PERMIT TYPE : ESCROW FEE-APPLICANT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-APPLICANT NOTE: THIS$2500 ESCROW IS TIED TO ZONING APPLICATION#16-3811 APPLICANT ESCROW FEE-APPLICANT 2,500.00 TOTAL 2,500.00 Landsource LLC Payment(s) KOHOUT,JAMISON CHECK 001295 2,500.00 550 25TH AVE N ST CLOUD,MN 56303- OWNER Landsource LLC KOHOUT,JAMISON 550 2STH AVE N ST CLOUD,MN 56303- AGREEMENT AND SWORN STATEMENT The 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 dces not grant permission for additional or related work which requires separate 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 acid become null and void if construction suthorized is not commenced within 180 days of the date of issuance,or if conshvction is suspended for a period of 1 SO days at any time after work has commenced. 1'he 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