Int. No. 388
By Council Members Halloran, Comrie, Williams and Gennaro
A Local Law to amend the administrative code of the city of New York, in relation to compliance bonds.
Be it enacted by the Council as follows:
Section 1. Section 28-105.12 of the administrative code of the city of New York is amended by adding a new subdivision 28-105.12.9 to read as follows:
§28-105.12.9 Compliance bond. Any person who submits an application for a new building or alteration permit shall, at such person's expense, procure and maintain for the duration of the construction project and for a period of one year from the date of final inspection of such work, a compliance bond for the full value of the proposed project, to provide for any work that must comply with the zoning resolution and applicable codes. Proof of such compliance bond shall be submitted to the department when applying for a new building or alteration permit.
§2. This local law shall take effect one hundred eighty days after its enactment, except that the department of buildings shall take such measures as are necessary for its implementation, including the promulgation of rules, prior to such effective date.
LS# 1259
10/8/2010 1:03 PM