A dwelling or building which is subject to condemnation and placarding may be ordered demolished by the Building Official if it is determined by the Official that the defects upon which the condemnation order is based cannot be economically remedied. Demolition according to requirements listed below, may be required by the owner within a reasonable period of time, the period of time to be not less than 60 days after notice is served on the owner. The demolition shall have the effect of fulfilling the requirements of removing defects if the structure is raised to ground level and any subsurface area is filled with solid materials to ground level.
(1992 Code, § 150.33)