§ 112.17 DEPOSIT REQUIRED.
   (A)   As a condition for the issuance of a license, the applicant shall deposit with the Clerk/Treasurer/ Administrator, the sum as established from time to time by Council resolution, dedicated to cleaning up and restoring the area used to its state existing prior to the commencement of the activity licensed. The
licensee shall have a period of 24 hours following the termination of the activity within which to clean up and restore the area or premises. The Clerk/Treasurer/Administrator or other authorized personnel of the city may examine the area to see if the conditions herein stated have been complied with. Upon compliance, the Clerk/Treasurer/ Administrator shall refund the deposit of $100.
   (B)   The refusal of or failure by the licensee to comply with the conditions of this section shall constitute a release of any claim to the deposited sum by the licensee, and the sum shall thereafter be forfeited to the city for the purposes of cleaning up and restoring the area or premises. Any balance remaining thereafter shall be deemed liquidated damages forfeited to the city for failure to comply with this section.
(’77 Code, § 507.04) Penalty, see § 10.99