Owners of real property may demolish their own buildings or structures. However, the director shall not issue a demolition permit until the owner has provided the following:
(A) Bond: A cash bond equal to fifty cents ($0.50) per one square foot of ground floor area of all buildings named in the application for a demolition permit. Such bond shall be conditioned upon compliance with this chapter. Such bond shall be canceled and all monies returned to the owner upon completion of the demolition to the reasonable satisfaction of the director.
(B) Entry Agreement: An agreement signed by the owner granting permission to employees or agents of the city to enter the named property to complete all work required under this chapter if such work is uncompleted on the date of expiration of the demolition permit. Any expenses incurred by the city as a result of such entry and work shall be deducted from the bond. (Ord. 1923, 3-4-2008)