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HomeMy WebLinkAbout2015-01499 - escrow fee CITY OF ORONO 1' 1 Li I I 1 1 I 1 ' 1 (i 2750 KELLEY PARKWAY * 2 0 1 5 - 0 1 4 9 9 DATE ISSUED: 11/23/2015 ORONO,MN 55356- ' (952)249-4600 FAX: (952) 249-4616 ADDRESS : 420 ORCHARD PARK RD PIN : 32-118-23-23-0006 LEGAL DESC : ORCHARD PARK : LOT 008 BLOCK 000 PERMIT TYPE : ESCROW FEE-TIED TO BUILDING PERMIT PROPERTY TYPE : RESIDENTIAL CONSTRUCTION TYPE : ESCROW FEE-TIED TO BUILDING PERMIT NOTE: ESCROW FOR SHED PERMIT#2015-01481-PAID BY:WILLIAM&LYNAE PETERSON-CK#14831-$700.00 APPLICANT ESCROW FEE-BUILDING 700.00 PETERSON,WILLIAM&LYNAE TOTAL 700.00 Payment(s) 420 ORCHARD PARK RD CHECK 14831 700.00 LONG LAKE,MN 55356- OWNER PETERSON,WILLIAM&LYNAE 420 ORCHARD PARK RD LONG LAKE,MN 55356- 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 59 in��.yy�•I formance with the State Building Code.This permit may be rev. ed a ime for du us, ��� /�1 (�C � , -i:-, l�J / i 0_ t_t____, pplic t Permitee S gnature Date Issued By Signature Date 1 • • i VVILLIAVi B.PETERSO �1R ,�+8 x,4831 /- LyNAE M.L.PETERSON •� 420 ORCHARD55356-9547 � /VV � ORONO,MN ` ix DOLLARS PAY ER THE , . ORDER OF W,c o rill um ` M T 1; ZONING PERMIT ESCROW AGREEMENT Permit#2015-01481 AGREEMENT made thisday of NOS , 2015 by and between the CITY OF ORONO, a Minnesota municipal corporation ("City") and William Peterson ("Owners"). Recitals 1. A zoning permit application has been filed for a property located at 420 Orchard Park Road the ("Subject Property"), legally described as Lot 8, Orchard Park, Hennepin County, Minnesota. 2. Owner requests the City to review this application. 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 $700 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 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 zoning 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 permit#2015-01481 if compliance with the approved zoning 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/ By:Q, YINYUL i / Its: Tla,nnb woo* ' -, , ..-, I ' a*SOW*to'Pittnnift Department . t0 ftvoit Noi