The building official, as a condition precedent to the issuance of a moving permit, shall require a bond to be executed by person desiring such permit, with corporate surety to his satisfaction. Such bond shall be made payable to the applicable governing body in the amount of $15,000.00. It shall indemnify the applicable governing body against any damage caused by the moving of such building to streets, curbs, sidewalks, shade trees, highways and any other property, which may be affected, by the moving of a building. Such surety bond shall also be conditioned upon and liable for strict compliance with the terms of said permit, as to route to be taken and limit of time in which to effect such movement and to repair or compensate for the repair and to pay said applicable governing body as liquidated damages an amount not exceeding $250.00 for each and every day's delay in completing such removal or in repairing any damages to property or public improvement or in clearing all public streets, alleys or highways of all debris occasioned thereby.
(Ordinance 1246, § 1, 5-13-03; Ordinance 1259, § 1, 8-26-03)