(a) In determining the proportionate replacement value of a destroyed part of a building or other structure, or of additions, alterations or repairs made to a building or other structure, all parts, whether existing, new or destroyed, and including plumbing, heating and ventilating equipment, electrical wiring and equipment, shall be valued at costs current at the time of evaluation. However, parts which do not serve a required purpose such as decorative painting, molded or cast plaster decorations, and wall, floor or ceiling finishes intended for comfort or enhancement, shall not be included in such evaluation.
(b) It shall be the obligation of the owner or his agent to furnish such estimates as will enable the Commissioner of Building to determine the proportionate replacement value referred to above. All estimates shall be signed by the owner, his agent or the general contractor responsible for the repairs or alterations. Where such estimates are incomplete or inconclusive, the Commissioner may require the owner or his agent to furnish an independent appraisal by an individual or agency satisfactory to both such owner or agent and to the Commissioner. If the appraisal cannot be agreed to, the question shall be referred to the Zoning and Building Standards Board of Appeals.
(Ord. 61-63. Passed 9-23-63. )