2009-04-20 Regular Council Meeting Agenda

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b) If within thirty (30) days of the receipt of such insurance moneys the city has not instituted legal proceedings by issuance of the notice provided for in Section 110, or Section 119.3 of the Building Code of University City, or by taking emergency measures as provided for in Section 120 of the Building Code of University City, then the city’s director of finance shall release such proceeds and any interest which has accrued on such proceeds to the insured under the insurance policy or as the terms of the policy and endorsements thereto provide. c) If such building or structure is repaired or demolished pursuant to this article as attested to by the building official without cost to the city, then any insurance proceeds paid to the city’s director of finance and any interest thereon shall be paid to the insured under the insurance policy, or as the terms of the policy and endorsements thereto provide. d) When the city takes bids from independent contractors for demolition of a building, bidders shall deduct any salvage value materials of the building or structure may have, from the cost of demolition in arriving at their bid amount. Should city employees do the demolition, the actual cash value of salvaged materials shall be deducted from the special tax bill for such demolition. In no case will the net cost of demolition be increased in order to effect salvage of materials. e) Upon presentation of satisfactory proof that the insured has removed or will remove debris, and repair, rebuild or otherwise make the insured premises safe and secure, the building official shall issue a certificate within thirty (30) days after receipt of such satisfactory proof to permit covered claim payment to the insured without deduction, payable to the city’s director of finance as herein provided in this section. It shall be the obligation of the insured or other person making claim to provide the insurance company with such certificate. f) No provision of this section shall be construed to make the city a party to any insurance contract. SECTION 111 MEANS OF APPEALS () 111.1 Application for appeal. Delete in its entirety. 111.2 Membership of board. Delete in its entirety. 111.2.1 Alternate members. Delete in its entirety. 111.2.2 Chairman. Delete in its entirety. 111.2.3 Disqualification of member. Delete in its entirety. 111.2.4 Secretary. Delete in its entirety. 111.2.5 Compensation of members. Delete in its entirety. 111.3 Notice of meeting. Delete in its entirety. 111.4 Open hearing. Delete in its entirety. 111.4.1 Procedure. Delete in its entirety. 111.5 Postponed hearing. Delete in its entirety.