§ 46-107. Same—Application fees; refund; completion fee.

(a)

All applicants for a permit to drill a well for oil or gas shall at the time of making such applications pay to the city clerk the sum of $500.00 as an application fee to apply on the cost and expenses of the administration of this article, of which amount $400.00 thereof shall be refunded if the application is not granted and the balance retained.

(b)

On January 2, after the completion of any producing well and annually thereafter so long as production of oil or gas continues from such well, the owner of each of the wells shall pay to the city clerk the sum of $100.00 to apply on the cost and expense of the administration of this article.

(Ord. No. 69, § IIE, 5-8-61)