ORDINANCE 08-03
AN ORDINANCE TO AMEND THE CITY OF
BE IT ORDAINED AND ENACTED BY THE CITY COUNCIL OF THE CITY OF
Section 1. This ordinance is of permanent nature and shall become a part of the City Code upon adoption and ratification.
Section 2. Chapter 13.52 is hereby amended as follows:
13/52/020 F Deed of Trust. The deed of trust shall require that within two years from date of recording, construction of the residence which contains a certificate of occupancy requires the completion of Alaska Housing Finance Corporation (AHFC) Summary of Building Inspections PR-102. The following inspections will be signed off by an approved certified state inspector on Form AHFC Pr-102:
1. Plan Approval
2. Foundation and footing
3. Framing
4. Plumbing
5. Electrical
6. Mechanical
7. Installation of insulation and vapor barrier
8. Conditional Approval
9. Final Inspection.
AHFC PR-102 must be completed and if either of said requirements is not met, the property shall revert to the City unless the application pays the City a sum equal to the fair market value of the lot as determined by the City Council.
Section3. This ordinance shall take effect on the adoption of the ordinance.
First
Public Hearing:
Final