(a) The purpose of this section is to establish a demolition bond program to ensure that the removal of all structures and the restoration of the site is completed as planned in a satisfactory manner. Nothing in this section shall be construed to waive, relieve or otherwise excuse a contractor from compliance with all applicable codes, ordinances, statutes or laws. Nothing in this section shall be construed to prevent the enforcement of other provisions of the Codified Ordinances of the Village of Sebring, the Revised Code and nothing in this section shall be construed to relieve the contractor from duties imposed pursuant to any regulatory code, ordinance, statue, or law of the Village of Sebring or the State of Ohio.
(1) This section shall be applicable to any demolition work performed within the limits of the Village.
(2) Upon applying for a demolition permit pursuant to Section 1309.02(a) of the Codified Ordinances of the Village of Sebring, every contractor shall be required to post a one thousand five hundred dollars ($1,500.00) cash or surety bond to the Finance Director. Said bond, shall by its terms, be forfeited in the case that such structure is not demolished according to the plans, specifications and requirements outlined in Section 1309.02 of the Codified Ordinances of the Village of Sebring, or upon expiration and any periods of extension and the failure to complete the demolition work.
(3) Upon notification of the completion of the demolition work by the contractor and upon determination of the Village Manager or his designee, determines that the contractor has complied with all conditions applicable to the bond, the bond shall be refunded or returned to the permit applicant. (Ord. 41-2020. Passed 9-28-20.)