Every application for a franchise, permit or privilege shall be accompanied by a cash deposit of not less than five hundred dollars ($500.00), or by a certified check for such amount, payable to the city of Corcoran, as a fund out of which to pay all expenses connected with such application, including, but not limited to, all advertising and publishing costs. The deposit of the applicant shall be retained until the acceptance of the franchise and the filing of any bond or other security required, or until the city council determines not to grant the franchise. Thereupon, the remainder, if any, of the five hundred dollars ($500.00) after the payment therefrom of all such expenses incurred by the city, shall be returned to the applicant. (Ord. 579, 2-9-2005)