All rental payments under a lease agreement shall be due and payable to the city seven days prior to the date of the event. Failure of the renter or user to use the premises during the agreed period shall constitute a breach of contract and the deposit and rental payment shall be forfeited to the city to serve as liquidated damages for breach of the contract. In case of an event cancellation, the following schedule will determine the amount of deposit and rental fees to be refunded, if any:
Notice received 14 days prior to event | Full refund |
Notice received four days to 13 days prior to event | ½ refund |
Notice received three days or less prior to event | No refund |
(Prior Code, § 6-50; Ord. of 3-14-1972; Ord. of 12-9-2003; Ord. of 4-8-2014)