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7-17-7: PERMIT FEE, BOND:
   A.   The permit application, and each annual renewal, shall be accompanied by a fee in the amount of five dollars ($5.00) for each single box newsrack, or fifteen dollars ($15.00) for each multibox newsrack.
   B.   In addition to the permit fee, an applicant shall post a bond in the form of cash or a surety bond to ensure the proper removal of the newsrack and obedience to this chapter. The bond shall be determined by the total number of newsracks the applicant maintains throughout the city. Each multibox newsrack shall count as three (3) single box newsracks in making the calculation. The amount of the bond shall be in the following amounts:
 
Total Number
Of Newsracks
 
1 - 6
$ 600.00
7 or more
1,000.00
 
Any violation of this chapter by the permittee, including failure to remove a newsrack following the expiration of the permit period, may result in the city calling on the bond to pay for the cost of removal and remediation of the site.
(Ord. 2012-41, 7-10-2012)