(A) Before a permit is issued, the applicant shall submit a performance bond to the Building Commissioner to insure that the property is in a proper and safe condition after the wrecking or demolition. The performance bond so required shall be in the following sum:
(1) For buildings not exceeding a total of three thousand (3,000) square feet: one thousand dollars ($1,000).
(2) For buildings not exceeding a total of ten thousand (10,000) square feet: fifteen hundred dollars ($1,500).
(3) For buildings not exceeding a total of twenty thousand (20,000) square feet: two thousand dollars ($2,000).
(4) For buildings not exceeding a total of fifty thousand (50,000) square feet: three thousand dollars ($3,000).
(5) For buildings not exceeding a total of one hundred thousand (100,000) square feet: four thousand dollars ($4,000).
(6) For buildings exceeding a total of one hundred thousand (100,000) square feet: four thousand dollars ($4,000), plus an additional one thousand dollars ($1,000) for each additional ten thousand (10,000) square feet.
(B) By
SAFE AND PROPER CONDITION is meant that all debris is cleared away, that any excavation remaining is either filled in and tamped down, or surrounded by a fence at least six (6) feet in height, if the property is not to be put to immediate use. If the property is to be used for any purpose within two (2) months of wrecking or demolition, then adequate barricades, lighted at night, shall be installed around the perimeter of the excavation.
(C) If the Building Commissioner finds that the property has been put into the proper condition as provided for in this section, he shall release the performance bond. If the site is not cleared or put into a safe condition or work commenced to do so within ten (10) days of the conclusion of the wrecking or demolition, the Town shall then proceed with the work and a claim made against the bond.
(`92 Code, § 7-42) (Ord. 93-44, passed 11-11-93)