1333.04 CONTRACTOR'S INSURANCE AND CASH BOND DEPOSIT.
   (a)   Contractor's Insurance and Contractor's Cash Bond Deposit. Before any building permit shall be issued, the applicant shall deposit with the Building Department an insurance policy, issued by a company authorized to write insurance in the State of Ohio, designating the City as the insured therein, by the terms of which the City is saved harmless from any and all claims for bodily injury within the limits of one hundred thousand dollars ($100,000) for each person and three hundred thousand dollars ($300,000) for each accident arising or growing out of the work necessary or incident to the issuance of the permit or that may be occasioned by reason of anything else done pursuant to a permit.
(Ord. 11-2000. Passed 7-11-00.)
   (b)   Contractor’s Bond Deposit. Prior to the issuance of any Building Permit, a cash surety bond or certified cashier’s check shall be deposited with the Building Department as follows:
 
(1)   Residential (One, two, and/or three family residential)
   A.   Additions and alterations
      1.   Less than 200 square feet
          of gross floor area.   $100.00
      2.   More than 200 square feet
          of gross floor area.   $300.00
   B.   New construction   $1,000.00
(2)   Other than one, two, and/or three
    family      Two percent (2%) of the cost of the project but not less than two thousand dollars ($2,000)
   Such deposit shall be a guarantee that the applicant will repair or replace any damage or destruction to the sidewalk or tree lawn; the construction and maintenance of a temporary drive, if necessary; the proper site grading; the cleaning of the premises and tree lawn of all dirt, debris, refuse, rubbish and material and the cleaning of the public streets, catch basins and/or sewers of the accumulation thereof as a result of the delivery of material, supplies and other things to such premises; and for the completion of sidewalk, lot pins and compliance in all respects to the applicable Building and Zoning Codes of the City. If the provisions of this Building and Zoning Code and the orders of the Building Inspector or City Engineer pertaining thereto are complied with, the deposit shall be refunded as soon after final inspection as can be conveniently done upon written request. (Ord. 7-2008. Passed 4-22-08.)
   (c)   Use of Contractor’s Bond Deposit. An order to correct any condition or remove any substance shall be complied with within the time period as supplied by the Building Inspector or City Engineer. Upon failure to obey such order within the time period supplied by law, the Building Inspector or City Engineer shall cause the same to be done at the expense of the permit holder and the Bond Fund shall be subject to the payment of the expense thereof. If such deposits are insufficient to fully pay for such expenses, then the permit holder shall be liable for the additional amount in excess of the Bond Fund, which coverage shall be collected by the Solicitor in a court of competent jurisdiction. The deposit shall be subject to payment of all unpaid inspection and reinspection charges established herein.
   (d)   Reinspection Charge. When an inspection is requested and is made and the work is found to be incomplete, faulty or not in conformance with the building and/or zoning code, or at variance with the plans or specifications, a notification of rejection (red tag) shall be issued. On completion of work, a charge of one hundred twenty-five dollars ($125.00) shall be assessed against the Contractor’s Bond Deposit for each notification or rejection (red tag) issued during construction when a reinspection was found necessary.
(Ord. 11-2000. Passed 7-11-00.)