864.07 FEE AND BOND REQUIREMENTS.
   (a)   The fee which shall be charged by the City Clerk for the license required by Section 864.02 shall be prescribed in the schedule provided for in Section 802.24. Where the application is disapproved, the fee shall be refunded, except for a non-refundable processing fee equivalent to a one month fee.
   (b)   Licenses issued under this chapter shall not be valid for a period of more than one year and may, for administrative convenience, be set to expire on the same day by the Clerk. In those instances where a license is issued for less than the period of one year, the license fee shall be figured on a monthly basis. Any period of one or more calendar days and not more than thirty calendar days shall be considered one month.
   (c)   No fee shall be required from any person who is an honorably discharged veteran, who has secured a license pursuant to Public Act 359 of 1921, as amended, and who otherwise has fulfilled the obligations of this chapter, and when the goods, wares and merchandise proposed to be sold by such person are his or her own.
   (d)   Vendors must provide general liability insurance with such limitations and in such amounts as set forth in the schedule provided for in Section 802.24. Proof of insurance, showing that such insurance is in force, shall be filed with the City Clerk prior to the issuance of a license or prior to the holding of an approved event. Termination or alteration of a policy without approval of the City Attorney shall constitute grounds for the cancellation of the event or revocation of the license.
   (e)   Before any license is issued for engaging in the business of a vendor, the applicant shall file with the City Clerk a bond running to the City in an amount set forth in the schedule provided for in Section 802.24, secured by the applicant as principal, together with a surety upon which service of process may be made in the State. Such bond shall be conditioned on the applicant's full compliance with the provisions of this chapter and the statutes of the State. A further condition shall be the payment by the applicant of all judgments rendered against him or her for any violation of this chapter or State statutes.
(Ord. 11-89. Passed 5-30-89; Ord. 06-2014. Passed 7-1-14.)