(A) A financial institution required by applicable law to have an alarm system may install, with permission of the Chief of Police, a signal line directly to the Police Department for the purpose of reporting burglaries and robberies. Such an installation, if approved, must comply with all applicable provisions of this chapter. The financial institution shall execute a letter of agreement with the city permitting the installation, at the financial institution’s expense, of all necessary equipment on an indicator panel monitored in the communications division of the Police Department.
(B) The financial institution, at its expense, shall provide service for the alarm system on a 24 hour basis, seven days a week. In no event shall the city become liable for service charges for repairs and maintenance to the indicator panel monitor.
(C) The financial institution shall pay a monthly fee for each indicator. The Chief of Police shall have the right, at reasonable times and upon oral notice, to inspect the alarm system at the alarm site and require necessary repairs or improvements. If the Chief of Police finds that the alarm system continually fails to operate or be operated to his satisfaction, he may terminate the privilege to have equipment and indicators in the communications center of the Police Department and require prompt removal of same at the expense of the financial institution.
(D) The financial institution may cancel its agreement with the city at any time by giving the city written notice through the Chief of Police. Upon giving such notice the institution, at its expense, shall have its equipment and indicators promptly removed from the monitor panel in the communications center.
(E) The Chief of Police has the right to require any change, modernization, or consolidation of financial institution alarm signaling equipment that he deems advisable. In no event shall the city become liable for such changes.
(F) Instead of a direct line, a financial institution may choose to report burglaries and robberies by transmission through an alarm reporting service using a telephone number designated by the Chief of Police.
(Ord. 2001-19, passed 6-12-01)