(A) The applicant for a license under this subchapter shall furnish evidence to the City Controller that a public liability insurance policy in amounts of not less than an amount as set by the city from time to time for one person and another amount as set by the city from time to time for any one accident shall be in force and effect at the time the structure is to be occupied as a place of assembly by the public.
(B) The applicant shall deposit with the City Treasurer a cash bond in an amount as set by the city from time to time, conditioned upon saving harmless from any and all liabilities or causes of action, which might arise by virtue of the granting of a permit to the applicant, and conditioned further that no damage will be done to the streets, sewers, trees, or adjoining property and that no dirt, paper, litter, or other debris will be permitted to remain upon the streets or upon any private property by the applicant. The cash bond shall be returned to the applicant upon certification by the Chief of Police that there has been compliance with all conditions of this subchapter.
(Prior Code, § 111.20) Penalty, see § 111.999