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(7) After a hearing on an affected property, the commission shall reduce <br />any order it issues to writing. Each such order shall specify the action <br />to be taken as part of the notice and shall order the owner, lienholder, <br />or mortgagee of the building to, within 30 calendar days, secure the <br />building from unauthorized entry or repair, remove, or demolish the <br />building, unless the owner or lienholder establishes at the hearing that <br />the work cannot reasonably be performed within 30 calendar days. If <br />the commission allows the owner, lienholder, or mortgagee more than <br />30 calendar days to repair, remove, or demolish the building, the <br />commission shall set forth specific time schedules for the <br />commencement and performance of the work and shall require the <br />owner, lienholder, or mortgagee to secure the property in a reasonable <br />manner from unauthorized entry while the work is being performed. <br />(8) The commission shall not allow the owner, lienholder, or mortgagee <br />more than ninety (90) calendar days to repair, remove, or demolish the <br />building or fully perform all work required to comply with the order <br />unless the owner, lienholder, or mortgagee submits a detailed plan and <br />time schedule for the work at the hearing and establishes at the <br />hearing that the work cannot reasonably be completed within ninety <br />(90) calendar days because of the scope and complexity of the work. <br />In such case, the commission shall require the owner, lienholder, or <br />mortgagee to regularly submit progress reports to the commission and <br />the code inspector to demonstrate compliance with the time schedules <br />established for commencement and performance of the work. The <br />order may require that the owner, lienholder, or mortgagee appear <br />before the commission or the commission's designee to demonstrate <br />compliance with the time schedules. <br />(9) If the owner, lienholder, or mortgagee owns property, including <br />structures or improvements on property, within the city limits of the <br />city of Paris that exceeds $100,000.00 in total value, the commission <br />may require the owner, lienholder, or mortgagee to post a cash or <br />surety bond in an amount adequate to cover the cost of repairing, <br />removing, or demolishing a building under this article. In lieu of a <br />bond, the municipality may require the owner, lienholder, or <br />mortgagee to provide a letter of credit from a financial institution or <br />a guaranty from a third party approved by the municipality. The bond <br />must be posted, or the letter of credit or third party guaranty <br />provided, not later than the 30th calendar day after the date the <br />commission enters the order. <br />Page 9 of 26 <br />