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Pg. 5 Section 31-140.2. Restrictions on demolition or removal. • (a) No demolition or removal of any landmark or structure specified in §31-127.2 shall begin until the owner or agent of such structure or site has first submitted an application in accordance with Division 3 of this article to the Board of Architectural Review and the board has approved a certificate of appropriateness for such activity. (b) Upon receipt of an ap shall have sixty days to either certificate of appropriateness, historic and architectural plac tion the board of architectural review or find the s and the n pplication and issue a eservation and protection of is interest will best be served by requiring the owner to postpone such demolition and make a bonafiae offer to sell such structure and the land pertaining thereto at a price reasonably related to its fair market value. Such offer of sale shall be made to the City, or to any person, firm, corporation, government or agency thereof which gives reasonable assurance that it is willing to preserve and restore the landmark, building, site or structure and lands pertaining thereto. The time during which such offers to sell shall remain open shall be as follows: 3 months when the offering price is less than $25,000. 4 months when the offering price is greater than $25,000 but less than $40,000. • 5 months when the offering price is greater than $40,000 but less than $55,000. 6 months when the offering price is greater than $55,000 but less than $75,000. 7 months when the offering price is greater than $75,000 but less than $90,000. 12 months when the offering price is greater than $90,000. 0 the owner sh bonafide offer is unaccepted after the designated time period I to demolish such structure as Section 31-141. Maintenance and repair required. f Neither the owner of nor the person in charge of a structure or site in any of the categories set forth in X31-127.2 with4:a-the-Areh#teetnral Bes#gn-Eeatre�-B4str#et-er-ef-en-}ster4e-�enehner# shall permit such structure, landmark, or property to fall into a state of disrepair which may result in the deterioration of any exterior appurtenance or architectural feature so as to produce or tend to produce, in the judg- ment of the board of architectural review a detrimental effect upon the character of the district as a whole or the life and character of the landmark, structure or property in question, including but not limited to: