(A) If deemed necessary by the Chief of Police, a performance bond may be required before the parade, special event, or outdoor demonstration permit is issued. The type and amount of the performance bond shall be determined within the discretion of the Chief of Police based on information contained in the application. The purpose of the performance bond is to pay for damages to City property and to pay the costs incurred by the City in the cleanup of the parade, special event, or outdoor demonstration. Any part of the bond not withheld by the City will be returned to the permit holder within 30 business days after the event has occurred.
In addition to the performance bond, persons requesting the rental of certain City property shall be required to comply with established rental fees.