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2005 045 Ordinance
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2005 045 Ordinance
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Last modified
11/19/2018 4:04:10 PM
Creation date
8/29/2018 6:58:06 AM
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Legislation-Meeting Minutes
Document Type
Ordinance
Number
045
Date
12/19/2005
Year
2005
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r } <br />1379:04 PUBLIC OFFTRING STA.TEMENT MXA; CODE ANi) WARRANx"Y <br />CONPLLA]VCR. (tt) Filing of t1ac Publio Offbrina StAt, cmcnt No dcvolopar ehall so11 or o5or to avll <br />a.condominium ownerehip inCereyt in a aanvereion aondominium deveJopment in rhe <br />RunicipAlity unless he frrsc files the following icems with the Building Commiesionor: <br />(1) °I?vcnty oopics of, the public offoring atatamcpt provided bythc <br />developer under. 5ection 1_3_79,05; and <br />(2) Any bond required by Soction 13(b); And <br />(3) A fea of ?wet?al?a-(?AAA? Qno hunsired d 11a„ri.MOQ-,QQ1 por <br />coMdomi.nium unit. Such fees shall bc in su6stituNaa fox all other feea Inctdontal ta, <br />the convsrsion condaminium developmant under the Duilding Cada. <br />(b) C?m1111fincv with .Hze-'e? Ohio Buildin& Codc, N0 davalaper ehall scll ar <br />offer to aell a condominium ownership interost in a conv@raion condominium <br />dcvalopment in tho 1Vlunicipality unless the Building Commissionar baa isaua4l a <br />ccrCi?rcata of occupancy aCtesting ChaC ult eamnion areus chcrein Arc in e4mp]iance <br />witb Chaptcr 1=, mnlesa within the public offering statemenC Ch6xe is degcr.ibed ths <br />speeifie comman areas rherein which the Commissionen cns daterminad aro not in <br />compliancc with the Regieffial Qbjg Building Codc, aiid alsn thc following: <br />(1) A stcttcmont by thc developer epecifying the estimitted cost and. <br />estimsted time of cocnpletion of all work neoeasar.y to correcx esch Code violittion, <br />such time of completion nor to excced aix months fr.om the datc af filing, subje,ct ta <br />atrikosT advcrse wcaCher conditions, Acts of God or orhsr similar evcnts beyAnd the <br />cpntcol of the developGr; and <br />(2) A bond filed with the Municipqlity in the sum of vne hundrod pcrcent <br />(100%) of the eaUnlated eost oftlae work required for Cada campliance, such <br />estini.atcd cost to be vcri .fied by copies of contracts for the aomnletion o£ the wark <br />rGquirc;d for Codc compliance. <br />(C) Q0119Al1ElTIC,L lJh . . . • • ' f1'fternAfinngl R paiAp.,ri , ;0 At ti1C <br />ti.tile of closing uf a sale of a condominium unir, the developer shall delivor ta the
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