A. Notification To Building Inspector: Upon receipt of monies as provided for by this Chapter, the City Treasurer shall immediately notify the Building Inspector of said receipt, and transmit all documentation received from the insurance company to the Building Inspector.
B. Determination: Within twenty (20) days of the receipt of said monies, the Building Inspector shall determine, after prior investigation, whether the City shall instigate proceedings under the provisions of Kansas Statutes Annotated section 12-1750 et seq., as amended.
C. Notification To Initiate Proceedings: Prior to the expiration of the twenty (20) days established by subsection B of this Section, the Building Inspector shall notify the City Treasurer whether he or she intends to initiate proceedings under Kansas Statutes Annotated section 12-1750 et seq., as amended.
D. Time Limit To Proceed: If the Building Inspector has determined that proceedings under Kansas Statutes Annotated section 12-1750 et seq., as amended, shall be initiated, he or she will do so immediately, but no later than thirty (30) days after receipt of the monies by the City Treasurer.
E. No Proceedings; Return Of Funds: Upon notification to the City Treasurer by the Building Inspector that no proceedings shall be initiated under Kansas Statutes Annotated section 12-1750 et seq., as amended, the City Treasurer shall return all such monies received, plus accrued interest, to the insured as identified in the communication from the insurance company. Such return shall be accomplished within thirty (30) days of the receipt of the monies from the insurance company. (Ord. 948, 4-6-1992; amd. 1998 Code)