shall apply only to those parking lots specifically identified in the permit at the time it is issued. 3. Companies that have obtained a Master Automobile Parking Lot permit shall file any applications for additional automobile parking lots in person only at the main office of the Office of Finance. Such applications for additional lots shall provide the location of the additional lot and the name of a qualified manager designated to conduct, manage or operate the additional lot. 4. The Board may grant a temporary permit for an additional parking lot on the same day the application for such parking lot is submitted to the Office of Finance provided the following conditions are met: (i) A Master Automobile Parking Lot permit is on file at the Office of Finance; (ii) A complete application for the additional parking lot is on file at the Office of Finance; (iii) All permit fees and taxes owed to the City have been paid to the Office of Finance; (iv) Documentation of the proper zoning clearance has been submitted to the Office of Finance; and (v) A preliminary investigation by the Board does not reveal information which would normally constitute grounds for denial. (c) Prerequisite to Application . 1. Bond Required. Before an application for a permit to operate a parking lot will be received or acted upon, the applicant must file and maintain with the Office of Finance (Amended by Ord. No. 173,300, Eff. 6/30/00, Oper. 7/1/00.) a bond in the amount of $10,000 for each parking lot, or a blanket bond in the amount of $50,000 covering all parking lots owned or operated by the same applicant. Such bond shall indemnify any person whose vehicle is accepted by the permittee for parking or storage against loss by reason of theft or other unlawful taking, or for damages to such vehicle for which the permittee is legally liable. Said bond shall provide that it will be continuous until cancelled by a 30 day written notice, and that it will cover each and every annual permit issued to the principal named until so cancelled. Notice of cancellation shall be sent by registered mail to the City Attorney 30 days in advance of the cancellation date. All bonds shall be executed by a corporate surety approved by the Board and admitted to do business in this State.