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Home My WebLink About2017-00603 - escrow � �y CITY OF ORONO * 2 QJ 1 7 - 0 0 6 0 3 * 2750 KELLEY PARKWAY DATE ISSUED: 06/05/2017 ORONO,MN 55356- (952)249-4600 FAX: (952) 249-4616 ADDRESS : 3017 NORTH SHORE DR PIN : 09-117-23-32-0002 LEGAL DESC : CORONADO BEACH LK MTKA : LOT 000 BLOCK 000 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: THIS$2500 ESCROW IS TIED TO BUILDING PERMIT 20j�G-00602 PAID BY SWANSON HOMES / Zol�� APPLICANT ESCROW FEE-BUILDING 2,500.00 TOTAL 2,500.00 SWANSON HOMES Payment(s) 1360 HAMEL ROAD CHECK 38361 2,500.00 MEDINA,MN 55340- (763)478-0320 Minnesota State License#:BUIL-627982 OWNER BLUE,JAMES 9610 SKY LA EDEN PRAIRIE,MN 55347- 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 Sta[e Building Code. This permit is for only the work described and does not grant permission for additional or related work which requires separate permiu. All provisions of laws and ordinances goveming this type of work shall be compied with whether or not specified herein.This pertnit 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[ime for due cause. / / Applicant Permitee Signature Date Issued By Signature Date t . .., BUILOING PERMIT ESCROW AGREEMENT Orono Buiiding PeRnit#_ o�D/7-d!�(�0�. AGREEMENT made this�dsy of /� 20� by and belween the CITY OF ORONO, a Minnesota municipal corporation("Cit�') _�h�� (�� ("Owners"). Recitals 1. A building ermit application has been filed a 3v1� IU3,t� Sk.arG (,�loc;ated at the (`Subject Property'), legally describedas Lo7'� f—�o ��!'r� a �acta �.q�te.. /��NJU��,,.�cq 2. OMmers request the City to review this applicatlon. 3. The City will 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 FOLtOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement,the Owners shall dep�it$2,500 with the City. AA accxued interest,ff any,shail be paid to the City to reimburse the City for its oost in administering the escrow account 2. PURPOSE OF ESCROW.The purpose of the escrow is to guarentee reimbursemeM to the City for all out-of-podcet costs the City has incxirred (induding planning, snafneerin�. In excess of 5500, or legal consultant review) or will incur in reviewing the plan. Eligible expenses shaA be c�nsistent with expenses the Ormers would be responsble for under a building permit application.The escrow wiii also guarantee reimbursement to the City for all out-of-pocket costs the City has incwrred to assure that the vNork is completed in accoMance with the Stormwater Po1luUon Prevention Plan and the provisions of Orono City Code Chapter 79.The flnanc�aal security may also be used by the City to eliminate any hazardous c�nnditions associated with the work and to repair any damage to public property or infrastructure that is caused by the work (induding planning, engineering,or legal consultant revfew)associated with bullding permit#070l7_UOloOoZ if comptlance with the approved building permtt is not aocomplished. 3. MONTHLY BILLING. As the City recelves consultant bilis for incurred c�sts,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 Ovmers do not make payment to the City wfthin 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 ihe escrow acc�unt without furtlier approval of the Owners to reimburse the City for eligible expenses the City has incurred. 5. CLOSING ESCROW. The Balanc�o�deposit in the escrow,ff any,shail be retumed to the Owners when all requiremeMs related to the project are compiete. City Staff shall review the tenns of this escrow agreement two times per year to determine whether the requirements of the project have been succesafully completed and whether it is appropriate to retum the funds. Owner may also request the release of the funds,and such funds shall be released upon Clty Staff receiving the appropriate verification that all requirements of the projed have been successfully completed. 6. CERTIFY UNPAID CHARGES. If the project is abandoned by Owners,or if the eligible expenses incurced by the City exceed the amount in escrow,the City shall have the�ight to certify the unpaid balance to the subject propetty pursuant to Minn.Stat.§§415.01 and 366.012. CITY: CITY OF ORONO OWNER• � By/';�YYIN ��,�/L�Ca/!T/L!� (� � I�S: �temal Use Only: 0 Odginal to Piann(ng �Copy to Property Owner 0 Copy to Street Flle leat Updated: Jenua►y 2016 � ;��:�si ' � � � North American Banking Company JWiAI�JII 13601iamel Road tNoodbur,MN Medina,MN 55340 MOMlE �5-1�3-960 June 05,2017 $2,500.00 I Two Thousand Five Hundred &40/100 Dollars DATE AMQUN'( PAY City o#Orono 2750 Kelley Parkway � TO THE Orono, MN 55356 � JF�. ORDER OF '�"�� G9 IP �, �P � E� 5 � � M —-----_...........�..........�.�-.s��n�.��.r.�i .. . . •: _ . _ . � � _ ' 38361 Memo: ! ; Check# 38361 f� ', $2,500.00 #of Invoices: 1 � Invoice Number _ iount Paid Disc 3017 N.Shore Dr Escro 3017 N.Shore Dr Escrow 6/2/2017 $2,500.00 $2,500.00