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HomeMy WebLinkAbout2014-00435 - escrow fee CITY OF ORONO * z 0 1 4 — 0 0 43S 2750 KELLEY PARKWAY DATE ISSUED: 05/12/2014 ORONO, MN 55356- (952) 249-4600 FAX: (952) 249-4616 ADDRESS 2490 OLD BEACH RD PIN 21-117-23-22-0005 LEGAL DESC SHORE HILLS LOT 004 BLOCK 000 PERMIT TYPE ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE RESIDENTIAL CONSTRUCTION TYPE ESCROW FEE-TIED TO BUILDING PERMIT NOTE: TIED TO DEMOLITION PERMIT 2014-00431 APPLICANT ESCROW FEE-BUILDING 2,500.00 STONEWOOD,LLC TOTAL 2,500.00 153 E LAKE STREET Payment(s) CHECK 5396 2,500.00 WAYZATA,MN 55391- (612)462-4000 Minnesota State License#: BUIL-BC594315 OWNERCi'._.y rif Orono MCINTEE,SHAWN&JACQUELINE G+enc �1 y K aw. 2490 OLD BEACH RD WAYZATA,MN 55391- fteee?irt ire: 3.u�i,3CC yea°t 5tor'Ej400d Michael5uvlet AGREEMENT AND SWORN STATEMENT 2114-00 and Zc, 011 2014-00 375 �43�1 E�1� The work for which this permit is issued shall be performed according to Rd3 the approved plans and specifications,applicable City approvals,and the 1�10ef�r ReV-1} Yrylo;,er 17eCrsS ? „Y State Building Code. This permit is for only the work described and does not grant permission for additional or related work which requires separate �• iij,C'i btdl 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 Died,NSI: 53% 2,900.00 commenced within 180 days of the date of issuance,or if construction is F"dGY t suspended for a period of 180 days at any time after work has commenced. aLv19 ic-)j The applicant is responsible for assuring all required inspections are it'd: �.�'�I•� ' 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 DEMOLITION PERMIT 2014- ESCROW AGREEMENT AGREEMENT made this L �ay of 11�1 , 20 1f t, by and between the CITY OF ORONO, a Minnesota municipal corporation ("City")and Shawn&Jacqueline Mclntee("Owners"). Recitals 1. An application for a demolition permit has been filed for the principal structure located at 2490 Old Beach Road ("Subject Property") legally described as Lot 4, Shore Hills, Hennepin County, Minnesota. 2. In conjunction with the demolition, erosion control measures are required as shown on attached Exhibit NOW,THEREOFRE,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 (including planning, engineering, or legal consultant review)the City has incurred to assure that the erosion control measures are installed and maintained so the property complies with 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. If compliance with the approved Land Disturbance Permit is not accomplished within the allowable time period, the City may bring the project into compliance by use of the security. 3. RIGHT OF ENTRY. The Owners hereby grant the City, its agents,employees, officers and contractors the right to enter the property to perform all work and inspections deemed appropriate by the City in conjunction with the required erosion control measures, including but not limited to constructing or completing any and all of the agreed upon improvements should the Owners' contractor not complete those improvements by the date specked herein. 3. MONTHLY BILLING. As the City receives consultant bills for incurred 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 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. 6. CLOSING ESCROW. Any remaining amount of the financial security deposited with the City for faithful performance of the plans and specifications and any related remedial work will be released after the completion and inspection of all such measures and the establishment of final stabilization for the Subject Property. S. 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 OWNERS: By: Its: Rai X VVI r*AyJ&W"T1 S, 41' "J" Urinalt� �1nsca laepartmea�t D Copy fa Street„fie ^^v i