A variance shall be granted only upon the condition that the owner of the property shall execute an agreement with the city of Palo Alto, wherein the owner agrees to remove such building, structure, or other improvements, at his own expense, upon the acquisition by the city of Palo Alto of an easement in and across his property for street purposes. The agreement shall include such other conditions as the zoning administrator deems reasonable to carry out any of the provisions of this chapter, including, but not limited to, a time limitation and the requirement that the property owner post a surety bond in such amount as may be fixed by the city council guaranteeing faithful performance of the terms and conditions of the agreement, including a covenant to remove the building, structure, or other improvements at his own expense, or in the event of his failure so to do, authorizing removal by the city and making the cost thereof a lien on said property. Such agreement shall be recorded.
(Ord. 2214 (part), 1964: prior code § 36.414)