A. Applications to lease County real property for a period of less than 25 years shall be submitted to the Executive or designee.

B. The right is reserved by the County to require that a deposit in an amount set by the Executive or designee accompany all applications to lease County real property. If a deposit is required, all deposits upon the same lease shall be of equal amount. The deposit shall be in the form of a certified check or cashier's check, or may be paid in cash. In the event the lands applied for are leased at the time of application, the deposit shall be returned to the applicant, but if the party making application fails or refuses to comply with the terms of the application and to execute the lease, the deposit shall be forfeited to the County, and deposited in the Current Expense Fund.