(a) The purpose of the bond required by Section 1472.01 shall be to assure compliance with the provisions of this chapter and all other conditions as may be established by ordinance of the Village, and such bond shall be released only upon the written approval of the Building Inspector.
(b) Only cash bonds in the amount of two thousand dollars ($2,000) for each structure moved, posted with the Clerk/Treasurer, shall be acceptable.
(c) Such bond shall be posted to insure against loss, damage or injury to any public or private property by reason of the moving of any structure. In the event of any loss, damage or injury being done, such loss, damage or injury shall be restored or repaired by the Village, or at the direction of the Mayor, by an independent contractor, and the cost thereof shall be paid from the bond posted. The permit form shall provide the following authorization: “In the event of loss, damage or injury to any public or private property during the proposed move, I hereby authorize the Village to deduct from such bond such amount as shall be necessary to pay for restoration or repair as shall be required in the sole judgment or discretion of the Mayor. Such restitution may be paid to the Village or to any person, firm or corporation hired by the Village to perform the required work. In the event the amount of the loss, damage or injury shall exceed the amount of the bond posted, I pledge that I shall immediately post such additional amount as shall be necessary to complete restitution.”
(d) Prior to the issuance of any permit for moving any structure within the Village, the Service Director shall fully inspect the proposed route to be used.
(e) Upon completion of the moving of any structure within the Village, the Service Director shall again fully inspect the route used in moving the structure. Following his or her final inspection, the Service Director shall file a written report of his or her inspection with the Clerk/Treasurer.
(f) No cash bond posted as a condition precedent to the issuance of a permit shall be released by the Clerk/Treasurer until such time as the Service Director shall file with the Clerk/Treasurer his or her final inspection report. In the event the report of the Service Director shall detail any damage caused by the moving of the subject structure, the Clerk/Treasurer shall be obligated to withhold such amount as shall be necessary to fully pay for restitution required. In the event the report of the Service Director shall certify that no damage, loss or injury was sustained during the moving of the subject structure, then the Clerk/Treasurer may refund to the applicant the full amount of the cash bond posted.
(Ord. 74-76. Passed 11-16-76.)