The Culver Town Council members unanimously adopted the Unsafe Building Fund ordinance during their meeting this week. The fund allows the town to establish an Unsafe Building Fund in order to put in it money that is reimbursed for liens and demolition on an unsafe property.
The town recently received money from liens filed for the demolition of 415 Lake Shore Drive. The fund, as set up through this ordinance, follows state statute for such liens. It also allows for the receipt of money from bonds, in receivers’ notes of certificates issued under Indiana Code and were purchased with money from the Unsafe Building Fund, and settlement of civil penalties or fines.
The money in the fund can be used for the cost of a registered architect or engineer to review an identified property that may be classified as unsafe, and the cost of surveys, giving notice of orders, hearings and public bids, emergency action, and notes or receivers’ certificates.
The ordinance was unanimously approved on first reading which followed with action to suspend the rules and approve it on second and third readings, thus adopting the ordinance.