1301.20 METHOD OF VALUATION.
   (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, and electrical wiring and equipment, shall be valued at costs of reconstruction 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 Building Director to determine the proportionate replacement value referred to above. All estimates shall be signed by the owner or his agent or the general contractor responsible for the repairs or alterations. Where such estimates are inaccurate or inconclusive, the Director 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 the Director. If the appraisal cannot be agreed to, the question shall be referred to the Board of Building Code Appeals for final determination.
(Ord. 1999-02. Passed 1-11-99.)