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Home My WebLink About2016-00535 - escrow fee CITY OF ORONO * Z 0 1 6 - PJ 0 5 3 5 * 2750 KELLEY PARKWAY DATE ISSUED: OS/17/2016 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRE�� : 940 NORTH ARM DR PIN� : 07-117-23-11-0014 LEGAL DESC : PIRATES COVE : LOT O10 BLOCK 001 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: ESCROW TIED TO NEW MANUFACTURED HOME PERMIT#2016-00533 -PD CK#10322-BY:DRAM INVESTMENTS LIMITED- $2,500.00 APPLICANT ESCROW FEE-BUILDING 2,500.00 TOTAL 2,500.00 VILLAMIL CONSTRUCTION CO. Payment(s) 5535 COUNTY ROAD I51 CHECK 10322 2,500.00 MINNETRISTA, MN 55364- (612)221-7511 Minnesota State License#: BUIL-20633780 OWNER OLSHANSKY,ROMAN 76 KINGSVIEW LANE N PLYMOUTH,MN 55447- 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 does not grant permission for additional or related work which requires separate permits. All provisions of Iaws 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 180 days of the date of issuance,or if construction is suspended for a period of 180 days at any time afrer work has commenced. The 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 d ie cause. 5 7 �� . ; �.�c,c f�v ��, 7 � �-� pplicant Pe itee ignature ate Issued By Signat Date BUILDING PERMiT ESCRO�I AOG�2tE E�NO S 3 3 Orono Building Permit# L AGREEMENT made this�d of , 20 E�, by and between the CITY OF ORONO, a Minnesota municipal corporation ('Cit�')�� v� °Owners°). . a Recitals 1. A uilding permit app,l!��c�a�jion has been filed a �.W � located at `f'tD �, -r ��ttfe (°Subject Property°), legally described as � � � I �C�! I 2. Owners request the City to review this application. 3. The City witl 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 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$2,500 with the City. All accn�ed 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, ens�ineerins�, in excess of 5500, or legal consultant review) or will incur in reviewing the plan. Eligible expenses shall 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 woiic (including planning, engineering, or legal consuttant review) associated with building permit# �I lo_c�O�3� if compliance with the approved building pertnit is not accomplished. 3. MONTHLY BILLING. As the City receives consuRant bills for incur�ed costs, the City will in tum 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 tt�e City within the timeframe outiined in#3 above, shall issue a Stop Work Orcier ur�til the Owners pay all expenses invoiced pursuar�t to#3. The City may draw from the escrow acoount 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 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 successfulty 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. 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 OWNER: By: C�,��ti��- (�o�,��.�----� �ts:.�.►� � -� � o� �� y� - �-�- Intemal Use O�ly: �Origlnal to Planning �Copy to Property Owner O Copy to Sbreet File Last Updated: January 2016 Ci ty o f prono 2750 Kelley parkway Orono MN 55356 Recei 952-249-4600 � pt N0� 3.015606 _ � MaY 17, 2016 Dram investments Limited ��16��9 and Zoning 00535 940 North qrm Dr 101-22205 2.500.00 �eferred Rev-pevelopeY peposit Total; __ Check __ 2.500.00` �heck No: 3 - '==___� PaYor; 10 22 ` � Oram 2.500.00 Investments Limited Total Applied: Change Te _ �.500.00 ndered; -------- - .00 05/17/2016 04:30PM '°=-=__ �5-��919 10 3 2 2 DR�,M INVESTMENTS LIMITED PARTNERSHIP �� /� 800 BOONE AVE.N.STE•2A0 ,DA.I.E .-� GOLDEN VALLEY,MN 5542� n � • �� PAY TO ��ve E„ OF DOLL Init m� �g � � .�..�n�riN. �� Hityirla d ank >N w�,ywTitghlandbanks•com g52,86e.a&aa I �..-.—