A.    To provide security to the City and potential customers of temporary sales events, a surety bond, binding the temporary sales event sponsor to comply with all laws and ordinances including all amendments thereto pertaining to the regulation of temporary sales events in Vernal City, shall be required before the issuance of a license. The bond shall be refundable after ninety (90) days, except as provided in subsections (C) and (D) of this section.

    B.    Bonds shall be for the amount of three thousand (3,000) dollars.

    C.    The City shall not refund a license bond if the City receives notice that legal claims against the business are filed within ninety (90) days after the temporary sales event sponsor ceases to do business in Vernal City. The bond shall be held pending a determination of damages to the City or customers of a temporary sales event.

    D.    The City shall not refund a license bond until the applicant has paid the required sales tax on gross sales within the City limits to the Utah State Tax Commission. (Ord. 93-11 § 3 (part): prior code § 11-09.1-010)