Before a permit to wreck or demolish a building is issued, the applicant shall deposit a bond with the Director of Inspections to insure that permittee has complied with this chapter and that the property is in a proper and safe condition after such wrecking or demolition. The bond shall be released when the Director of Inspections determines that permittee has complied with all provisions of this chapter.
For a building not exceeding 2,500 sq. ft. on its foundation | $10,000.00 |
All buildings in excess of 2,500 sq. ft. on its foundation | 20,000.00 |
All buildings of more than two stories and in excess of 2,500 sq. ft. on its foundation | 40,000.00 |
(Ord. 1997-88. Passed 5-15-97.)
"Proper and safe condition" means that all debris is cleared away and that any excavation remaining is filled in and tamped down. If the Director of Inspections finds that such property has been put into the proper conditions as provided for in this section, he shall instruct the Director of Finance to return the deposit. If the site is not cleared or put into a safe condition or work completed within ten days of the finish of the wrecking or demolition, the City may proceed with the work and the cost of such work shall be deducted from the deposit. If any amount is left from such deposit after the City has performed the work, such balance shall be returned to the person who deposited it. If any additional sums are expended by the City over the deposit, the applicant shall pay to the City such amount.
(Ord. 1977-122. Passed 7-7-77.)