The Loft Board will send out information about the Loft Board's new $1,000-per-day penalty regulation and registration renewal invoices to all IMD owners next week. At today's Loft Board meeting, the Executive Director said that, after owners receive this mailing, the Loft Board will serve official notices threatening a $1,000-per-day penalty upon fifty IMD owners. The fifty buildings will fall into one of these three categories:
(1) the owner received Loft Board certification of completion of the narrative statement process but failed to thereafter obtain a building permit;
(2) the building permit is expired; and
(3) the building obtained a temporary certificate of occupancy (TCO) but the TCO expired.
In order to avoid getting "tagged," owners should "take all necessary and reasonable steps" without any further delay!
Thursday, May 20, 2010
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