(A) Before any permit to move or relocate any building shall be issued, the applicant shall deposit with the city either a cash or surety bond in an amount equal to $25 for each square foot of floor area contained within the structure. In no event shall the bond deposited be less than $5,000.
(B) If all work incidental to the moving or relocating operation is completed fully and to the satisfaction of the Director of Community Development, and in compliance with all applicable codes and regulations, the bond or cash deposited shall be returned to the applicant.
(C) If, however, the applicant fails to complete all of the work incidental to moving or relocating said building within 30 days after written notice from the Director of Community Development, the city shall cause to be done all of the work necessary for the placing of the building on the new lot ready for occupancy, or if such is not possible, then such other disposition for the structure as may be deemed advisable, including the demolition thereof, and said cleaning and clearing of all building sites involved in the move, and shall make use of the cash or surety bond to pay the expenses of such work.
(`83 Code, § 15.24.060) (Ord. 88-08 § 1 (part), 1988)