§ 151.123 BONDS.
   (A)   Buildings to be located within the city shall be covered by a faithful performance bond or cash deposit, payable to the city prior to the issuance of a moving permit. The performance bond shall be in the amount of 150% of the estimated cost of the work to be done to bring the building into conformity to the code, and the estimate accordance with the directions of the Planning Commission, building permit and all applicable city regulations within a period of six months following issuance of the building permit; otherwise, the full amount of the bond will be forfeited to the city and the building will be completed for occupancy or removed from the site at the direction of the city.
   (B)   To secure payment of damage to any street, tree, utility or installation caused by the moving, and to protect against personal injury and property damage, the applicant or mover shall provide proof of personal injury and property damage insurance in the amount of at least $1,000,000 combined single limit and enter into an indemnity agreement with the city to hold the city harmless for any liability on the part of the mover.
   (C)   In addition to posting all other required bonds, applicants for a permit to move a building off a parcel of land within the city shall post a cash bond or faithful performance bond in an amount to be determined by the Building Official, not to exceed $5,000, payable to the city to ensure cleanup of debris, concrete, foundation and other materials left on the site including securing its surface for dust control. Applicants shall have 30 days from the date the building is moved to clean and secure the surface of the site; otherwise, the Building Official shall be empowered to use all or a portion of the bond to accomplish the remaining cleanup and surface preparation requirements.
(Ord. 1580, passed 12-1-10)