Notwithstanding the issuance of a permit under this subchapter, no person shall circulate, distribute or cause to be circulated or distributed, any commercial handbill on any residential property within the city which has conspicuously posted, thereat or thereon, a sign or other visible notice, which prohibits solicitation or the delivery of handbills in or upon such premises.
('83 Code, § 5.32.040)