Upon the franchise, permit, or privilege being awarded, all deposits paid by unsuccessful bidders shall be returned. The deposit of the successful bidder shall be retained until the approval and filing of a bond, whereupon the $500 deposit shall be returned and the remainder, if any, of the other deposit amount established in Section 13.25.1 shall be returned after the payment of all costs incurred by the City in connection with application processing and CEQA environmental review costs, if any, of the franchise, permit, or privilege.
SECTION HISTORY
Based on Ord No 58,200.
Amended by: Ord. No. 160,437, Eff. 11-21-85; Ord. No. 188,124, Eff. 4-2-24.