§ 9.1K DETERMINATION OF FAIR MARKET VALUE OR REPLACEMENT COST.
   In determining the fair market value of the building or structure (excluding signs) or the replacement cost of a sign, immediately prior to the damage or destruction, the Director may consider the following items:
      (1)   Building or structure. Documentation prepared by and provided by the applicable insurance company responsible for adjusting the loss;
      (2)   Building, structure or sign. Documentation prepared by and provided by an appraiser licensed by the state to appraise the type of property involved; or
      (3)   Other. Other documentary evidence deemed appropriate by the Director.
(Ord. 21-97, passed - -1997; Ord. 3-2000, passed - -2000; Ord. 11-2004, passed 6-14-2004; Ord. 51-2005, passed 10-10-2005; Ord. 09-2007, passed 4-23-2007; Ord. 24-2009, passed 1-26-2009)