No permit shall be issued under this chapter unless the applicant has on deposit with the city clerk and/or finance director a cash bond in the amount as set out below to save and protect the streets, pavements, bridges, road signs and other property in the city from any and all damage that may be caused by vehicles, employees, or participants in such outdoor musical assembly and to be used, if necessary, to restore the ground where such assembly is held to a sanitary condition and pay all charges and losses of the city for damages to streets, pavements, bridges and other property. Further, any extraordinary law enforcement costs incurred by the city which are the result of such activity shall be met by the cash bond. The amount of the cash bond shall be determined as follows:
A. For gatherings of zero to 10,000 persons, a $5,000 bond;
B. For gatherings of 10,000 to 20,000 persons, a cash bond of $7,500;
C. For gatherings of 20,000 to 30,000 persons, a cash bond of $10,000;
D. And a cash bond shall be raised in increments of $2,500 for each additional 10,000 persons expected.
The deposit or its balance shall be returned when the city certifies to the finance director that no damage has been done, or that the cost of making the abovementioned repairs was less than the cash bond amount, and that the balance thereof should be returned. Further, the sponsors shall be required to furnish evidence of a liability insurance policy providing for a minimum of $100,000 bodily injury coverage per person; $300,000 bodily injury coverage per occurrence; and $100,000 property damage coverage, naming the city of Pacific as an additional insured.
(Ord. 450 § 5, 1969; Ord. 1604 § 1, 2005)