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HomeMy WebLinkAbout2017-00769 - escrow fee • . . CITY OF ORONO II I1 11 E 1 1 11��E 1111 111111311111111111 2750 KELLEY PARKWAY DATE ISSUED: 07/06/2017 ORONO, MN 55356- (952) 249-4600 FAX: (952)249-4616 ADDRESS : 3546 IVY PL PIN : 20-117-23-42-0018 LEGAL DESC : TAYLORS SUBD OF SPRING PARK LO : 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 2017-00769 PAID BY CHARLES CUDD CHECK#041745 APPLICANT ESCROW FEE-BUILDING 2,500.00 CHARLES CUDD LLC TOTAL 2,500.00 Payment(s)15050 23RD AVENUE N CHECK 041745 2,500.00 PLYMOUTH, MN 55447- Minnesota State License#: BUIL-BC635245 OWNER DRAZAN,MICHAEL&MARY 3546 IVY PL WAYZATA,MN 55391- 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 laws 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 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 BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#. c t 1-�O"1 fp Si AGREEMENT made this S-n' day of 4,44/ , 20 by and between the CITY OF ORONO, a '7 Minnesota municipal corporation("City")and CHa-t L �2 ("Owners"). Recitals 1. A building pe i it application has been filed for 0.31. located at • the ("Subject Property"), legally described as �a or u-b. li —�-ISS 175 acct 2. Owners request the City to review this application which requires City approval and may require consultant legal and/or engineering review. 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 FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$2,500 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,in excess of$500,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 work (including planning, engineering, or legal consultant review) associated with building permit #as i7-L.1,74'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 complett;. 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. 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: Its: g vKetit" rt Internal Use Onlyc a Original to Finance Department 0 Copy to Street File Packet Last Updated: August 2015 Page 23 City of Orono 2750 Kelley Parkway Orono MN 55356 952-249-4600 Receipt No: 3.018664 Jul 6, 2017 Charles Cudd LLC Previous Balance: .00 Permits 2017-00769 3546 Ivy 2,500.00 Place 101-22205 Deferred Rev-Developer Deposit Total: 2,500.00 Check Check No: 041745 2,500.00 Payor: Charles Cudd LLC Total Applied: 2,500.00 Change Tendered: .00 07/06/2017 03:03PM CHARLES CURD CO., LLC 041745 DATE INVOICE NO. DESCRIPTION• INVOICE AMOUNT DEDUCTION BALANCE 7-05-17 170705 9692 Drazan escrow 2500 . 00 . 00 2500 . 00 DATE CHECK A EK 7-06-17 NUM ER CK ) 41745 TOTALS 2500 . 00 . 00 2500 . 00 CHARLES CU,©D CO., .LC BRIDGE1NATER BANK 75.1752/910 041745 QPERATING ACCOUNT . 1500 23RQ;AVE N. PLYMOUTH,`MN 5M47 47f0 Y= Two thousand five hundred dollars and nd cents DATE CHECK NO. AMOUNT duly 6, 2017 417.45 . $******2, 50-0. 00 PAY. ' City Of Orono . TO THE` 2750• Kelley Parkway ORDER "DO 8. x 66 = . ", OF Crystal Bay, MN 5532. 3 J s /, !r II'04 L7LISu' 1:0910 L75 231: 8 30 3 L L3811' REORDER FORM#976LT1 USE WITH COMPANION ENVELOPE#44-005 CITY OF ORONO III 11IIIII III I 111111111111111111111111111 * 2 0 1 7 - 0 0 7 6 9 2750 KELLEY PARKWAY DATE ISSUED: 07/06/2017 ORONO, MN 55356- (952) 249-4600 FAX: (952)249-4616 ADDRESS : 3546 IVY PL PIN : 20-117-23-42-0018 LEGAL DESC : TAYLORS SUBD OF SPRING PARK LO : 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 2017-00769 PAID BY CHARLES CUDD CHECK 4 041745 APPLICANT ESCROW FEE-BUILDING 2,500.00 TOTAL 2,500.00 CHARLES CUDD LLC Payment(s) 15050 23RD AVENUE N CHECK 041745 2,500.00 PLYMOUTH,MN 55447- () Minnesota State License#: BUIL-BC635245 OWNER DRAZAN,MICHAEL&MARY 3546 IVY PL WAYZATA,MN 55391- 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 laws 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 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 BUILDING PERMIT ESCROW AGREEMENT Orono Building Permit#.ACA-i-601 l & AGREEMENT made this .. ' day of w/,/ , 20j by and between the CITY OF ORONO, a Minnesota municipal corporation("City")and ''� Cit* L 2p r•� ("Owners"). Recitals 1. A buildingpe it application has been filed for PP A311 ,t'L- located at the ("Subject Property"), legally described as may Ors Si .b- r• Stby) af- 1_retn) / & t 175 a-rd I?So 2. Owners request the City to review this application which requires City approval and may require consultant legal and/or engineering review. 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 FOLLOWS: 1. DEPOSIT OF ESCROW FUNDS. Contemporaneously with the execution of this Escrow Agreement, the Owners shall deposit$2,500 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,in excess of$500,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 work (including planning, engineering, or legal consultant review) associated with building permit #6ZG i7-C.V7(..?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. 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: • Its: gO1A.-frvt .4/risortiLE kV"aarit re .tiV7 _ F Internal Use Only: O Original to Finance Department O Copy to Street File Packet Last Updated: August 2015 k Page 23