Any person, firm or corporation desiring to obtain a permit for the drilling or operating of any oil or gas well within the city shall make written application therefor to the city council and file the same with the city clerk, which application shall be accompanied with a deposit of one hundred dollars ($100.00) in cash, or a certified check for said amount as an inspection fee, in case the permit is granted. All such applications shall be made upon forms prescribed and provided for such purpose by the city and each such application shall be duly signed, and executed by the applicant and shall be verified under oath by the applicant or by some person duly authorized on behalf of the applicant.

    A separate application shall be made and filed as to each well proposed to be drilled and every such application shall, among other things, show the lot and particular point where the proposed well is to be located, and in addition shall have attached to it, or be accompanied by copies of all oil and gas leases or other drilling contracts which the applicant may have with the owners of land within the block and also a map covering the platted block or the tract of land where the proposed well is to be located, indicating thereon the lots or land covered by such leases or contracts and the particular point where such well is to be drilled.

    The application shall also be accompanied by, or show that the applicant has on file in the office of the city clerk, a duly executed and approved bond given by the applicant as principal and a surety company authorized to do business in the state of Illinois, as surety, running to the city for the benefit of the city and all persons, firms and corporations concerned, duly conditioned that if the permit be granted, the applicant and his or its assigns will comply with the terms and conditions of this chapter in the drilling of the well, as herein provided; that the applicant will restore the streets and sidewalks and other public places of the city which may be disturbed in the operations to their former condition, will clear the block and lots of all litter, machinery, derricks, buildings, oil and other substance erected, used or allowed in the drilling or producing operations, whenever the well shall be abandoned or the operations thereof shall be discontinued; and will pay the city for any and all damages done to the trees, sidewalks, paving or other public property, and will also pay to the city, any increase in cost of insurance on any building, improvements, goods or chattels, owned by the city and so located that the insurance rates or premium will be increased by reason of the drilling, maintaining or operating of such well or wells; and will hold the city harmless from any and all liability growing out of the granting of such permit. Such bond shall be in the sum of five thousand dollars ($5,000.00) and shall be approved by the mayor and filed with the city clerk, and shall be kept in force and effect as long as such well or wells are continued in operation. (Prior code § 28-1-14)