(A) (1) Before a permit is issued, the applicant shall deposit with the City Treasurer the following sums, plus additional $1,000 for each additional 100,000 feet, to insure that the property is in a proper and safe condition after such demolition or wrecking.
(a) For buildings not exceeding 30,000 cubic feet $1,500.
(b) For buildings not exceeding 100,000 cubic feet $2,250.
(c) For buildings not exceeding 200,000 cubic feet $3,000.
(d) For buildings not exceeding 500,000 cubic feet $4,500.
(e) For buildings not exceeding 1,000,000 cubic feet $6,000.
(f) For buildings not exceeding 1,000,000 cubic feet $6,000.
(2) Notwithstanding the foregoing, an applicant may submit in lieu of said deposit a surety bond in the aforesaid amount in a form and with such insurance company as may be approved by the city.
(3) By proper and safe condition is meant that all debris is cleared away, that any excavation remaining is either filled in and tamped down, or surrounded by a chain link or masonry fence at least six feet in height, if such property is not to be put to immediate use. If the property is to be used for any purpose within two months of such demolition or wrecking then adequate barricades, lighted at night shall be installed around the perimeter of such excavation.
(B) If the City Engineer or his designee finds that such property has been put into the proper condition as provided for in this section, he shall instruct the City Treasurer to return the deposit. If the site is not cleared, or put into a safe condition or work commenced to do so, within ten days of the finish of the demolition or wrecking, the city shall proceed with the work, and the cost of such work shall be deducted from the deposit. If any amount is left from such deposit after the city has performed the work, such balance shall be returned to the person who deposited it.
(Ord. 775, passed 6-17-92)