A permit issued under this article may be revoked or suspended for any of the following reasons:
A. A material false statement contained in the application; or
B. Failure to comply with federal, state or local laws and regulations; or
C. Failure to comply with any conditions imposed by the city on the issuance of the permit; or
D. Failure to operate the business or activity in accordance to such orders, rules and regulations as may be applicable; or
E. Conduct of the business or activity in a fraudulent or disorderly manner, or in a manner which endangers the public health, welfare or safety. (1988 Code)