The licensee and owner of the premises upon which the outdoor festival would be held
shall sign a unilateral written contract promising that, within 72 hours after the
conclusion of the outdoor festival, they will clean up the premises, including contiguous
public roads, ways, and easements, and remove all debris, garbage, trash, litter,
and other waste matter from, in, and around the premises. Accompanying and securing
this agreement shall be a surety bond in favor of the city and all persons to whom
the applicant may be liable because of such required agreement. The bond shall be
prepared by a corporate bonding company authorized to do business in the state by
the department of insurance, obligating the licensee and owner for all costs necessitated
to clean up the premises and to remove debris, garbage, trash, litter, or other waste
matter from, in, or around the premises. Such surety bond shall be in the amount of
not less than $5,000.00.