A. All uses associated with the bulk storage of oil, gasoline, liquid fertilizer and chemicals and similar liquids shall require a conditional use permit in order that the City Council may have assurance that fire, explosion and water or soil contamination hazards are not present that would be detrimental to the public health, safety and general welfare. All existing aboveground liquid storage tanks having a capacity in excess of 10,000 gallons shall secure a conditional use permit within 12 months following enactment of this chapter.

B. The City Council may require the development of diking around said tanks. Diking shall be suitably sealed and shall hold a leakage capacity equal to 115% of the tank's capacity. Any existing storage tank that, in the opinion of the City Council, constitutes a hazard to the public safety shall discontinue operations within one year following enactment of this chapter. All diking and bulk storage must be in compliance with the appropriate MPCA and State Fire Code regulations.