Title 17D City-wide Standards
Chapter 17D.020 Financial Guarantees
Section 17D.020.070 Irrevocable License Signed by the Owner of the Subject Property
In each case where the City requires or allows an applicant to post a financial guarantee, the owner of the subject property shall give the City a signed, notarized, irrevocable license, executed and acknowledged in the form of a deed, to allow the employees, agents and contractors of the City to go on the subject property for the purpose of inspecting and, if necessary, doing the work or making the improvements covered by the financial guarantee. The applicant shall record this license with the County to run with the property, and shall provide the City with conformed copies of the recorded document within five days of posting the financial guarantee. The property owner must, in this irrevocable license, agree to indemnify and save harmless the City and its employees, agents and contractors from any liability occasioned by the good faith performance of their responsibilities under this chapter, including, but not limited to, doing the work or making the improvements for which the financial guarantee has been posted.
Date Passed: Monday, February 21, 2005
Effective Date: Wednesday, March 30, 2005
ORD C33582 Section 2
