The applicant for any permit provided in this chapter shall make a cash deposit in the sum of two hundred fifty dollars to insure that said applicant will comply with the laws of the city and the state, and to insure payment to the city of any and all applicable excise taxes of the city as provided in Title 3 of the Everett Municipal Code. Said bond shall be refunded upon fulfillment by the applicant of the conditions of said bond as provided by this section. (Ord. 780-81 § 6, 1981; Ord. 518-78, 1978.)