§ 6-227. Bonds.  


Latest version.
  • (a)

    The owner or contractor shall submit a surety bond, or a demolition surety agreement in a form approved by the qualified and licensed attorneys at law contracted to provide legal services pursuant to sections 2-111—2-113 of this Code, or cash bond, to insure that the building or structure is removed in its entirety and that the lot or other premises upon which the building or structure had been located is cleared and cleaned of all building materials, rubbish or foundations and has been filled and graded so as to allow proper drainage of all surface water. The bond will also insure the repair of damaged buildings, structures, sidewalks, streets or other improvements resulting from a demolition project.

    (b)

    Required bond amounts shall be applied to each building or structure as follows:

    Detached single story buildings or structures consisting of one thousand five hundred (1,500) square feet or less\$1,000.00

    Detached single story buildings or structures consisting of three thousand (3,000) square feet or less\2,000.00

    Detached two (2) story buildings or structures and/or buildings or structures consisting of five thousand (5,000) square feet or less\5,000.00

    Attached buildings or structures and buildings or structures consisting of five thousand (5,000) square feet or more\$5,000.00
    min. +
    $1,000.00
    for each
    additional
    1,000
    square feet
    or fraction
    thereof

(Ord. 4-94, § 1, 1-18-94; Ord. No. 3-02, § 5, 1-22-02)