No permit shall be issued hereunder unless the applicant has on deposit with the city recorder the following sum of cash or bond as an indemnity to save and protect the streets, pavements, bridges, road signs and other property of the city from any and all damages that may be caused by vehicles, employees, or participants in such entertainment assembly and to be used, if necessary, to restore the grounds where such entertainment assembly is held to a sanitary condition and pay all charges and losses to the city for damages to the streets, bridges, and other property:
$10,000 when attendance of 1,500 to 5,000 persons is reasonably anticipated.
$25,000 when attendance over 5,000 persons is reasonably anticipated.
When a dispute arises between the parties as to the number of persons anticipated to attend, the decision of the council thereon establishing the amount of bond required and the permit fee shall be final and controlling; provided further, that should the licensed event necessitate the deployment of additional personnel by the city or at the request of the city, such added expense shall be recoverable from the principal and its surety out of the cash on deposit and/or bond. The deposit or its balance shall be returned when the council certifies to the city recorder that no damage has been done and that the city did not incur additional expenses due to said licensed event or that the cost of the above has been paid by the permittee.
(Ord. 895 § 5, 1986)