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Subd. 8. Performance Standards and DMP Agreement. The <br />dwelling to be moved must comply in all respects with the Building Code, as adopted by <br />the City, and other applicable City Code provisions. If the dwelling is not in compliance, <br />the applicant shall present to the City a complete and detailed plan showing changes <br />which will be made in order to attain compliance with said codes. A DMP shall not be <br />released to the applicant until there is a signed DMP Agreement and the City has been <br />provided with the required financial guarantee described below. The DMP Agreement <br />shall require the completion of any necessary changes within a period of six months from <br />the date of the building permit approval. <br /> <br />The amount of the financial guarantee shall be established by the City's Building Official <br />in an amount sufficient to insure that the moving project will be completed in accordance <br />with the requirements for a certificate of occupancy and the terms and time frames <br />established within the DMP. The escrow required shall equal 125% of the Building <br />Official's estimate. <br /> <br />Whenever in the judgement of the City, the project has not been completed in accordance <br />with City Code requirements, a written notice shall be issued to the fee title owner of the <br />Subject Property identifying the necessary corrections. Service of said notice shall be in <br />person or by mail, mailed to the applicant at the address listed in the DM? Agreement. If <br />the necessary corrections are not accomplished within ten (I 0) days of the date of mailing <br />the notice, the Council may cause such conditions to be abated at the expense of the City <br />and recover such expenditure including reasonable administrative expenses from the <br />escrow fund as required by the DMP Agreement. In the event the escrow is not sufficient <br />to defray the expenses incurred by the City, the City may recover said expenses, at its <br />option, either by civil action against the applicant or by directing the Administrator/Clerk <br />to extend such sums, plus 25% thereof as a special tax against the real property upon <br />which the dwelling is located and to certify the same to the County Auditor for collection <br />in the manner as taxes and special assessments are certified and collected. <br /> <br />Subd. 9. Fees, Escrows and Financial Guarantees <br /> <br />The Council shall establish the amount of application and escrow <br />fees and financial guarantees by resolution. <br /> <br />The form of the financial guarantee shall be a cash deposit or an <br />irrevocable Letter of Credit, approved as to form by the City, the <br />amount of which shall be determined by the Council on an individual <br />case basis. The financial guarantee shall be in force and effect until <br />all required construction has been satisfied and all costs incurred by <br />the City have been reimbursed. <br /> <br />The applicant and/or fee title owner of the Subject Property. shall be <br />responsible for all costs incurred by the City, which expenses shall <br />include but not be limited to expenses for engineering, legal and <br />administration. Said expenses shall be paid within fifteen (15) days <br /> <br />60 <br /> <br /> <br />