(A) Permit fees. Fees for permits shall be based on the total estimated cost of the proposed work, including all subcontracts if any, but in no case shall the total estimated cost be less than the market value of similar completed work in the town as determined by the appropriate inspector or inspectors. Permit fees shall be as established by the Board of Commissioners and filed in the office of the Building Inspector.
(B) Inspection fees. Building permit fees for the construction, alteration or addition of buildings shall be based upon the total cost of the general construction, alteration or addition. The term TOTAL COST OF CONSTRUCTION shall mean the greater amount of a bona fide bid price, duly authenticated of the general construction, alteration or addition or a sum equal to the product of the number of square feet of the general construction, alteration or addition multiplied by the multiple in the schedule of fees adopted.
(C) Demolition fees and sureties. Demolition permit fees for the demolition of an existing building shall be $200 and shall require the posting of a letter of credit or surety bond in the amount of 10% of the tax value listed by the Brunswick County Tax Assessor. Such surety shall be payable to the town for the removal and disposal of the demolished or partial demolished structure and callable in the event of non-performance by the demolition contractor. Sureties may not be partially drawn down, but released only when the structure including all appurtenances thereto are completely removed from the lot and the lot is restored to a natural planted state.
(Ord. 14-9, passed 10-9-2014; Am. Ord. 17-5, passed 3-9-2017)