Chapter 11.20 LIMITATIONS ON AMOUNT OF LOAN
Section 11.20.050 Limitation Based on Fair Market Value of Work.
Prior to the granting of any loan under this Title, a qualified
rehabilitation inspector will
certify in writing that the estimated cost of the recommended work as detailed in the job
specifications is reasonable. Prior to the payment of the last installment due under the contract,
the rehabilitation inspector will make an on-premises inspection and sign a certificate of
completion and conformance certifying that the work as outlined in the job specifications has
been completed satisfactorily. (Ord. 97-1800 § 3 (part), 1997: prior code § 11-5-5)