All structures shall be completed on the outside in conformity with the Building Code and with finish materials such as wood, brick, brick veneer, shingles, concrete or similar performance-tested materials, within one (1) year after construction is started, unless an extension for not more than one (1) additional year is granted by the Building Official as provided elsewhere in this Zoning Code. When a part of the building is ready for occupancy, a temporary occupancy permit may be issued, provided that the premises comply with health and fire standards of this Zoning Code or any other part of these Codified Ordinances or any other applicable regulation or statute. Furthermore, the applicant shall supply an irrevocable bank letter of credit acceptable to the City covering the estimated cost of completion of construction to the Treasurer of the City to ensure faithful completion of the project. The City shall return the letter of credit or bond upon verification by the Building Official that all work has been satisfactorily completed.
(Res. 24-95. Passed 2-13-95.)