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Chapter 70 <br /> (1) a certificate that with respect to the property that there are no unpaid <br /> incurred demolition expenses; <br /> (2) a certificate setting forth with respect to the property the amount <br /> of unpaid incurred demolition expense, and a direction by the insured <br /> property owner to the insurance company,to pay the unpaid incurred <br /> demolition expenses. <br /> (E) Except as provided below, if a certificate is submitted pursuant to paragraph <br /> (2)above, the insurance company shall pay the unpaid incurred demolition expense from the pro- <br /> ceeds payable by issuing a draft or check payable to the City of Decatur. <br /> (F) If the City's incurred demolition expense is determined by estimation, the in- <br /> surance company shall hold the amount estimated until an amended certificate executed by the <br /> appropriate local government official is submitted stating (i) that no demolition expense will be <br /> incurred or(ii) the actual unpaid incurred demolition expense. The insurance company shall then <br /> issue a draft or check payable to the City of Decatur for the actual unpaid incurred demolition <br /> expense. <br /> (G) Nothing in this section shall be construed as making an insurance company <br /> liable for any amount exceeding the proceeds payable under its insurance policy unless the insur- <br /> ance company shall have made payment to the named insured without satisfying the requirements <br /> of this section. It shall be a violation for an insurance company to make payment to the named <br /> insured without satisfying the requirements of this section. <br /> (H) Nothing in this Section shall be construed as making the City of Decatur an <br /> insured under an insurance policy. <br /> (Amended, Ordinance No. 2020-38,February 24, 2020) <br />