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HomeMy WebLinkAbout2014-00328 - escrow fee . CITY OF ORONO * 2 0 1 4 - 0 0 3 2 8 * 2750 KELLEY PARKWAY DATE ISSUED: 04/17/2014 ORONO, MN 55356- (952 249-4600 FAX: 952 249-4616 ADDRESS : 1376 NORTH ARM DR PIN : 07-117-23-41-0052 LEGAL DESC : SAGA HILL REVISED ; LOT 000 BLOCK 008 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: THIS$7500 IS FOR TEMPORARY CERITIFICATE OF OCCUPANCY APPLICANT ESCROW FEE-BUILDING 7,500.00 ESCROW FEE-EROSION CONTROL 0.00 FIELDSTONE FAMILY HOMES ESCROW FEE-GRADING 0.00 801 CLIFF RD E BURNSVILLE, MN 55337- TOTAL 7,500.00 (952)469-8800 Payment(s) Minnesota State License#: BUIL-BC631164 CHECK 12446 7,500.00 OWNER BOWEN,WILLIAM 1376 NORTH ARM DR MOtJND, MN 55364- AGREEMENT AND SWORN STATEMENT The work for which this permit is issued shalf 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 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 T�MPORARY CERTIFICATE OF OCCUPANCY ESCROW AGREEMENT Orono Buitding Permit#2093-0�4306 AGRE£MENT made this�day of 1 I , 20� by and between the C17Y OF QRONO, a Minne5Cta municipal Corporati0n ("City°)and William Bowen ( O�vners°). ReeitaEs 1. Gonstruction of the new residence fo�ateci at 1376 E�or�h Arrrt Drive the ("Subject Praperty"), legally described as Lots 15 8� '[6, Block 8; Saga MilE Rev�sed in Oronfl, Hennepin County Minnesota, is the suh}eG`; oj buifding permit appficatior+ num�er 2013- 0'i 3Q8 has been corrpleted, 2. Winter canditions �urrentiy prahi6it campletion oF exterior irnprovements, finaf grading, and vegstatian estabfis�menf. An as-built survey cannot be accurately conducted at this time. 3. Owners request the City iss�e a tem�orary certifica;e o# occupancy ("7'CO"; to the Owners so that the Owners may occupy the new residence. 4. The C}ty wiil issue a TCO only if the Owners establish an escraw to ensure comp4etion of exterior improvements, continu�#ion oF erosion contra! and submittal of an as-buift surrey to the City. NOW TNEREFORE,THE PARTiE5 AGREE A5 FaL�OWS: 1. DEP051T OF ESGROW �UNDS. Contemporaneausly with the execution of this Escrow Agreement, the Owners shaEl deposit $1U,000 witn the C�ty. A!I accruec interest, if any, shaN be paid to fne City to reimburse the City for its cost in admintstering tne escrow account. 2. PURPOSE OF ESCRf3W. The purpose of the escrow is to assure complefior af any exterior improvemenfs, fin�l grading, establishmen; of vegatation as well as guarantee reimbursement to the City far al1 out-of-pocfcet cests the Ciry has incu�red (including plarsning, engineering, in axcess of $500, ar legal cansultant review) or wiil incur in re�iewing the plan. Eligible expenses shall be cansistent with expenses the Owners�vou!d be responsfble for under a buildirg permit appfication. The escrow wifl also guaran#ee reimbursement to the Gity fo� aU out-of-packet costs the City has incurred to assure that the work is compl�ted in accordance with the Stormwater Pollution Prevention Plan and the pro�isions of Orqno City Code Chapter 79. The financiaf security may also ba used by the Ci:y to etiminate any hazardous conditions associated with the warlc and io repair any dar,tage to puolic pro�erty or infrastructure that is caused by the work (including planning, engEneering, ar legal consultant review; associated with buifding permit #2013-01306 if compiiance with the apqroved building perrnit is not accomplisned. 3. MONTHLY BI�LING. As th� City receives consuftart bills for incurred costs, the Ci#y wil( in turn send a biil to the Gwners. Owners shail be responsible for payment to the City withir 30 deys oT the Qwners' rec2ipt of I�iA. 4. DiSBURSEMEP[T �ROM ESCROW ACC�UNT. {n the evenf that khe Owners do nat make payment to the City wiihin the timeframe outlined ir #3 above, snall issue a Slop Work Crder until the O�vners pay all expenses invoiced pursuant to#3. The City may draw from the escrow accounS without fuRher approval of;he Owners to reimt�urse the City+for eligible expenses the City has inct;rred. 5. CLOSING ESCRQW. 7he 8alance on d�posit in ths escrow, if any, shall be returned to the Owners when the review h�s been completed and written natification is receivea frvm tha Owners requesting the funcis. '155441 6. CERTIFY UNPAID CHARGES. !f the project is abandoned by Owners, or if the eligible expenses irtcurred by the City exceed fhe arnounf in escrow, the City shall have the right to certify the unpaid balance to the subject property pursuant to Minn, Sfat. §§415.Q1 and 366.012. 7. ACCESS 70 SEJBJ£CT PROPERTY. The Owners hereby grant to the City, its agents, employees, officers and cor�trac;ors, the right to enter upon thz subject praperty Por the specific �urpose of inspecfing and completirg any exterior improvements, final grading, estabkishrr�ent of vegetation and the restoration of the subject property should the Owners Rot complete the work by the specified dates. CITY: C1TY OF ORON� OWN S: Y � �� 1���'�' gy: its. fnternal Use Only: � Originai ta .Einance Department Q:Gapyto 5treet FiEe 155441