§ 92-22. Application Fee and Bond.
Application fee. Applicants for a franchise hereunder shall pay an application fee to the
County of Henderson of $1,500, which sum shall be due and payable to the County upon
submission to the County of an application for a franchise. The application fee shall be
Application bond. Each applicant for a franchise hereunder shall submit an application
bond, in a form acceptable to the County Attorney, or certified check on a bank that is a
member of the Federal Deposit Insurance Corporation, payable to the order of the
County, in the amount of $10,000.
Should the applicant fail or refuse to accept a
franchise as provided hereunder or fail or refuse to furnish the bonds, letters of credit and
insurance policies herein within 30 days after written notification of the award of a
franchise by the County, said applicant will be considered to have abandoned the
proposal, and the County shall enforce the application bond in accordance with its terms
or shall retain the proceeds of the certified check. Application bonds or certified checks
received in lieu thereof from applicants whose proposals are not accepted by the County
shall be returned to the applicant as soon as the proposal is rejected. The application bond
or certified check of the applicant that receives the franchise shall be returned to the
applicant upon filing acceptance as provided for herein.