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Music Festival not been held. A bond shall be provided in favor of the City and all <br />persons to whom the Licensee and/or owners of the Site may be liable. Said bond shall <br />be prepared by a corporate bonding company authorized to do business within the State <br />of Minnesota and shall be in the amount of not less than $50,000.00 and which Bond <br />shall be approved as to form and content by the City. <br /> <br />The Licensee shall provide a hold harmless agreement providing that the Licensee shall <br />defend, indemnify, save and hold the City harmless from and on account of any and all <br />claims against the City for injury or damage of any kind, upon or about the Site or <br />arising from or in connection with the Music Festival from any cause whatsoever. The <br />Licensee shall provide and maintain in full force and effect for a period of one year <br />from the date of the Music Festival, a policy of public liability and property damage <br />insurance, in a form satisfactory to the City, in the amount of $250,000 for injury to any <br />one person and $500,000.00 for injury to more than one person, and in the amount of <br />$50,000~00 for property damage. Said policy shall be delivered to the City at least ten <br />(10) days before the issuance of this License and such policy shall bear an endorsement <br />of, or shall be accompanied by, evidence of receipt of payment of the premium thereon. <br /> <br />That the Licensee agrees to clean up the Site, including contiguous roads, ways and <br />easements, and remove all debris, garbage, trash, litter and other waste matter from, in and <br />around said Site, together with all advertising matter relating to the Music Festival. The <br />clean-up shall be completed within 72 hours after the conclusion of the Music Festival. <br /> <br />That the City shall have the fight to revoke the License pursuant to Section 7.07 of the City <br />Code after a public hearing held after written notice is given to the Licensee at least 24 <br />hours prior to such hearing. The License may l~e revoked for any of the following causes: <br /> <br /> The Licensee fails, neglects or refuses to fulfill any of the terms imposed by this <br /> License. <br /> The Licensee fails, refuses or neglects to fulfill any of the provisions of the <br /> proposed program or plans. <br />· The Licensee violates, or attempts to violate, any law of the State and/or <br /> provisions of Section 7.07 of City Code or any other provisions of City Code. <br />· The Licensee has made a false, misleading or fraudulent statement of material fact <br /> in the application for a license or in any other document required pursuant to <br /> Section 7.07 of the City Code. <br /> <br />Written notice of such revocation shall be forwarded by the City Administrator to the <br />Licensee at the address given in the application. Such revocation shall become <br />effective immediately after ordered by the City Council. <br /> <br />That the Licensee shall provide the City with confirmation of current insurance coverage <br />covering outdoor sales of liquor. <br /> <br />That the City reserves the fight to suspend or close the Music Festival prior to the <br />expiration of the License term in the event of the occurrence of a riot, major disorder, or <br /> <br /> I <br /> I <br /> I <br /> I <br /> ! <br />I: <br /> I <br />I <br />I <br />i <br />! <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />