(A) Pursuant to the establishment of the unsafe building subchapter, Ordinance 88-1, the City Council, the designated hearing authority, pursuant to recommendation by the City Plan Commission, hereby establishes the bond under the unsafe building subchapter as follows.
(B) A maximum bond may be established by the hearing authority which shall be no greater than the amount of $25,000. The amount of the bond to be established by the hearing authority under the unsafe building subchapter shall be in relation to, and in proportion to, the cost of the amount of work which has been ordered pursuant to those actions authorized by ordinance and state law. In the event the person, firm, corporation or other entity, which is ordered to comply with the ordered action under the unsafe building ordinance, disagrees with the bond established by the hearing authority, then, in the event, the affected party shall obtain two independent estimates of repair cost, removal or other action as has been ordered under the unsafe building subchapter, from recognized contractors, or their equivalent, at their own expense, which shall be submitted to the hearing authority (Common Council) prior to the next regularly scheduled meeting of the body for further consideration and/or reevaluation of the bond ordered set under the unsafe building subchapter.
(Prior Code, § 7-93) (Ord. 88-3, passed 4-25-1988)