(a) A home improvement general or limited contractor, or sewer contractor, may place their Building Division issued registration in elective suspension (escrow) upon a written request and payment of the fee as prescribed by the fee schedule for such placement to the Building Division's registration section at any time. The written request shall be submitted with his or her application for the immediate establishment of the elective suspension (escrow) status or to occur in lieu of their contractor registration renewal. The registration-holder shall pay the fee as prescribed by the fee schedule and obtain a Building Division issued contractor registration elective suspension (escrow) renewal each year as herein before regulated. During the period of the elective suspension (escrow) the registration-holder shall not be required to obtain or furnish the required bond, liability insurance, the State of Ohio worker's compensation coverage or City Income Tax Division registration. Throughout the period of elective suspension (escrow), the registration-holder shall not perform any work of a Building Division issued registered contractor and no permits shall be issued to such registration-holder.
(b) A home improvement general or a limited contractor registration, may be placed in elective suspension (escrow) indefinitely. However, such registration shall be renewed each year by payment of the fee prescribed by the fee schedule for such placement. Failure to renew a registration that is in elective suspension (escrow) or in employment escrow status in accordance with Section 1375.15 shall be sufficient cause for such registration to become immediately canceled by the Building Division without recourse. Re-establishment of a home improvement general or a limited contractor registration, shall be only accomplished by making a new application for such Building Division issued registration with the Building Division.
(c) Upon notification to the Building Division's registration section and paying the fee as prescribed in the fee schedule, and providing evidence of possessing the required bond, liability insurance and proof of registration with the City Income Tax Division, the elective suspension (escrow) status of a Building Division issued registration shall be removed. Thereafter, the Building Division issued registered-holder may perform the work of his or her registered craft or trade as a Building Division registered contractor and obtain permits, or work as applicable.
(Ord. C33-02. Passed 4-15-02.)