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violation or unsafe condition; or any owner or tenant of a building or premises, or any other person, who takes part or assists in any violation of this Code or who has charge of any building, premises, or part thereof in which such violation shall exist, shall upon conviction thereof be subject to the penalties provided in Section 1-8 of the Municipal Code of the City of University City, Missouri. Every day that a violation continues after a notice is served shall be deemed a separate offense. (SECTION 117.0 STOP WORK ORDER) 117.2 Unlawful continuance: It shall be unlawful for any person to continue any work in or about a structure after having been served a stop work order;, except such work as that person is directed to perforrri to remove a violation or unsafe condition. (SECTION 119.0 UNSAFE STRUCTURES AND EQUIPMENT) 119.7 Public nuisance: Structures which are declared a nuisance under the terms of Chapter 17 of the Municipal Code of the City of University City shall be vacated and demolished or repaired as required by said chapter. 119.8 Insurance proceeds: If there are proceeds of any insurance policy based upon a covered claim payment made for damage or loss to a building or other structure caused by or adsing out of any fire, explosion, or other casualty loss, and if the covered claim payment is in excess of fifty percent (50%) of the face value of the policy covedng a building or other structure, then the following procedure shall apply: a) The insurer shall withhold from the covered claim payment ten percent (10%) of the covered claim payment, and shall pay that amount to the City to deposit into an interest-bearing account. Any named mortgagee on the insurance policy shall maintain pdority over any obligation under this section. If a special tax bill or assessment is issued by the City for the expense of demolition of such building as a dangerous building, the money held by the City shall be applied toward payment of special tax bill or assessment. If there is any excess, it shall be paid by the City to the insured or as the terms of the policy, including any endorsements thereto, provide. 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 Chapter 17 of the Municipal Code of the City of University City or section 119.3, or by taking emergency measures as provided for in section 120.0, 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 including any endorsements thereto provide. c) If such building or structure is repaired or demolished pursuant to this article as attested to by the code 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 including any 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 code 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. -7-