HomeMy WebLinkAbout2015-00010 - escrow fee T
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CITY OF ORONO * 2 0 1 5 - 0 0 0 1 0 *
2750 KELLEY PARKWAY DATE ISSUED: OU05/2015
ORONO, MN 55356-
952 249-4600 FAX: 952 249-4616
ADDRESS : 930 PARTENWOOD RD
PIN : 08-117-23-21-0007
LEGAL DESC : PARTENWOOD
: LOT 003 BLOCK 001
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 2014-01415 AND DEMO PERMIT 201401416
APPLICANT ESCROW FEE-BUILDING 2,500.00
ESCROW FEE-EROSION CONTROL 0.00
MOORE,KIRK&PAM ESCROW FEE-GRADING 0.00
27475 MAPLE RIDGE LANE TOTAL 2,500.00
SHOREWOOD,MN 55331-
Payment(s)
CHECK 15259 2,500.00
OWNER
MOORE,KIRK&PAM
27475 MAPLE RIDGE LANE
SHOREWOOD,MN 55331-
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 consWction authorized is not
commenced within 180 days of the date of issuance,or if construction is
suspended for a period of I80 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.
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Applicant Permitee Signature Date Issued By Signature Date
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BUILDING PERMIT ESCROW AGREEMENT
Orono Building Permit#2014-01475
Orono Demolition Permit#2014-01416
AGREEMENT made this � da�of , 20 I 5, by and between the CITY OF ORONO,
a Minnesota municipal corporation("Cit�')K�rK+�n.� hr1.�o►-p. ("Owners").
Rec Is
1. Demolition permit and building permit applications have been filed to allow demolition of the
existing home and construction of a new residence located at 930 Partenwood Road, the ("Subject
Property"), legally described as Lot 3,Block 1, Partenwood, Hennepin County, Minnesota.
2. Owners request 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,7HE 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, shail 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 (inciuding planning, �neineerinn. in excess of E500, 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 the demolition and building permit applications. The escrow wiii aiso
guarantee reimbursement to the City for all out-of-pocket costs the City has incurred to assure that the work is
completed in accorclance 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 (induding
planning, engineering, or legai consultant review) associated with building permit #2014-01415 8 demolition
permit#2014-01416 if compliance with the approved permits is not accomplished.
3. MONTHLY BILLING. As the City receives consuttant bills for incurred costs, the City will in tum
send a bfll to the Owners. Owners shali 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 Ciry 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, shail be retumed 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 retum 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. Sta� §§415.01 and 366.012.
CITY: CITY OF ORONO OWNER: .�'`
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By: ,
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Internal Use Only: 19 Origlnal to Planning G Copy to Properly Owner G Copy to Street File