[Adopted by L.L. No. 3-1980]
Pursuant to § 22, Subdivision 4 of
the General Municipal Law of the State of New York, in cases where
the County has claimed against the proceeds of a policy of fire insurance
insuring the interests of an owner and issued on real property located
therein pursuant to said provision of law, there shall be released
or returned to the insured any amount which the County would otherwise
be entitled to claim, provided that the insured agrees with the County
in writing to restore the affected premises to the same or improved
condition that it was in prior to the time that the lien of the County
against such proceeds as provided by law arose, subject to such conditions
as shall be provided by resolution of the County Legislature to guarantee
performance of such obligations.