[HISTORY: Adopted by the Town Board of the Town of Guilderland as indicated in article histories. Amendments noted where applicable.]
[Adopted 2-14-1978 by L.L. No. 2-1978 (Subpart 12, Div. 3, of the 1974 Code)]
The Supervisor is authorized to release or return to an insured, upon such terms as he may determine, the proceeds or any part thereof of a fire insurance policy upon which a lien shall have been attached pursuant to § 22 of the General Municipal Law of the State of New York upon an agreement, in writing, signed by such insured to restore the affected property to the same or improved condition it was in prior to the time the lien arose.