(a) Any person, firm, association or corporation desiring to drill a well for oil and/or gas within the corporate limits of the Municipality shall make application for a permit to the Safety-Service Director. Such application must be filed at least ten days prior to the commencement of any drilling. A fee of two thousand dollars ($2,000) shall be paid to the Municipality at the time the application is filed. This fee shall be for the purpose of defraying the expenses of the administration and enforcement of regulatory ordinances concerning drilling oil and/or gas well sites within the Municipality and to defray the expenses of inspections of oil and/or gas well sites prior to and during drilling and at the time such wells are pulled and plugged.
(b) Any person, firm, association or corporation at time of application shall also file with the Safety-Service Director a surety bond with liability on the bond conditioned upon compliance with this chapter and further conditioned that the applicant will reimburse all persons in any way damaged by the installation of such well, until time of completion of drilling, plugging or abandonment of such well or wells. The bond shall be in the amount of twenty thousand dollars ($20,000) for one well or in lieu of a bond for each well, a blanket bond for all wells and in the amount of fifty thousand dollars ($50,000). Such application shall further be accompanied by a policy of liability insurance with limits of one hundred thousand dollars ($100,000) for each personal injury or three hundred thousand dollars ($300,000) for all persons injured, and two hundred thousand dollars ($200,000) for all property damaged as a result of any action upon the part of such applicant.
(Ord. 433. Passed 8-17-64.)