If the permit for the well be refused, or if the applicant notifies the city in writing that the applicant does not elect to accept the permit as tendered and wishes to withdraw the application, or if the bond of the applicant be not approved, or if the applicant notifies the city in writing that the applicant wishes to withdraw the application, or if following the issuance of the permit, the permittee determines that drilling of the well is no longer feasible or possible, and the permittee has undertaken no substantive activity in drilling the well to date, then upon the happening of one or more of said events the cash deposit filed by the applicant with the application shall be returned to the applicant, except there shall be retained therefrom by the city a processing fee set by resolution of the City Council.
(Ord. No. 2272, § 1, 1-26-93; Ord. No. 3242, § 7, 8-28-03)