No payment under this chapter shall exceed any of the following:
A. Three hundred dollars ($300.00), per application or location;
B. One thousand dollars ($1,000.00) per incident;
C. The maximum funding limit of ten thousand dollars ($10,000.00) per calendar year for this fund regardless of number of claims involved. (Ord. 87-86 § 1, 1986: prior code § 27-10-6)