Minnetonka Razing and Demolishing Bond

What it is & who requires it

Contractors razing or demolishing buildings and structures in Minnetonka. The condition is narrower and more specific than most demolition bonds and is worth reading before pricing: it does not guarantee the demolition itself but the site work that follows it — adequately filling the foundations, capping the wells, and filling the septic tanks on the property the building came off. The permit issues subject to those tasks being completed, and if they are not the city may spend the proceeds to finish them. Note for anyone comparing this city with its neighbors: Minnetonka does not license contractors at all. It has no plumbers license, no swimming pool contractor license and no general contractor license, and a full read of its code returns the word contractor in no licensing provision — building work is licensed by the state and the city takes permits, not trade licenses.

Obligee: City of Minnetonka (Building Official, Community Development). Citation: Minnetonka City Code § 500.030 (Razing or Demolishing Buildings — 1. a person must not raze or demolish a building or structure within the city without first applying for and receiving a permit from the building official and paying the fee specified in section 710; 2. the applicant must submit with the application a bond or certified check in the amount the section states, payable to the city of Minnetonka to ensure the adequate filling of foundations, capping of wells, and filling of septic tanks on the property from which the building is removed; a permit is issued subject to the condition that those tasks are adequately completed, and if they are not, the city may use the proceeds of the bond or check to complete the work); § 500.005 (Adoption of the State Building Code); § 500.010 (Permits, inspections and fees); § 710 (fees).

Bond amount

Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.

How to get it

This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.

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Request a bond quote

Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.

Term & renewal

Term: Submitted with the demolition permit application and held until the foundations are adequately filled, the wells capped and the septic tanks filled on the property the building was removed from.

Renewal: Per permit rather than annual; the obligation is discharged when the site work the condition names is adequately completed.

Filing

Submitted with the permit application to the building official. No figure renders, and the reason is on the face of the ordinance: the applicant may satisfy the requirement with a certified check rather than a bond, which is a codified non-bond route to the same permit. Note the separate instrument one chapter away that is often confused with this one: § 520.015 requires the same bond-or-certified-check on a building MOVING permit, but that one is expressly required from the PROPERTY OWNER rather than from the contractor, and it is not staged in this directory for that reason.

Source

This bond requirement is corroborated by multiple public sources; City of Minnetonka (Building Official, Community Development) sets the exact amount, which we confirm when you start your bond.

Related Minnesota bonds

Frequently asked questions

Who requires the Minnetonka Razing and Demolishing Bond?
It’s required by City of Minnetonka (Building Official, Community Development) (Minnetonka City Code § 500.030 (Razing or Demolishing Buildings — 1. a person must not raze or demolish a building or structure within the city without first applying for and receiving a permit from the building official and paying the fee specified in section 710; 2. the applicant must submit with the application a bond or certified check in the amount the section states, payable to the city of Minnetonka to ensure the adequate filling of foundations, capping of wells, and filling of septic tanks on the property from which the building is removed; a permit is issued subject to the condition that those tasks are adequately completed, and if they are not, the city may use the proceeds of the bond or check to complete the work); § 500.005 (Adoption of the State Building Code); § 500.010 (Permits, inspections and fees); § 710 (fees)). Contractors razing or demolishing buildings and structures in Minnetonka. The condition is narrower and more specific than most demolition bonds and is worth reading before pricing: it does not guarantee the demolition itself but the site work that follows it — adequately filling the foundations, capping the wells, and filling the septic tanks on the property the building came off. The permit issues subject to those tasks being completed, and if they are not the city may spend the proceeds to finish them. Note for anyone comparing this city with its neighbors: Minnetonka does not license contractors at all. It has no plumbers license, no swimming pool contractor license and no general contractor license, and a full read of its code returns the word contractor in no licensing provision — building work is licensed by the state and the city takes permits, not trade licenses.
How much is the Minnetonka Razing and Demolishing Bond?
Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
How do I get the Minnetonka Razing and Demolishing Bond?
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
What is the term?
Submitted with the demolition permit application and held until the foundations are adequately filled, the wells capped and the septic tanks filled on the property the building was removed from. Renewal: Per permit rather than annual; the obligation is discharged when the site work the condition names is adequately completed.
Is this bond insurance for me?
No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
How is this requirement verified?
This bond requirement is corroborated by multiple public sources. The obligee sets the exact amount, which we confirm automatically when you start your bond in the portal or with a producer.

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