(A) Upon compliance with §§ 111.02 through 111.04 of this section, the Director of Finance and/or his or her designee shall then refund the bond to the person executing it, so long as the applicable taxes are paid by the person, firm, corporation, sales representative and solicitor, including, but not limited to, the business license tax and/or occupational tax. In the event any applicable tax is not paid, then the sums may be used through the Director of Finance for the payment of the applicable taxes.
(B) Should the person, firm, corporation, solicitor or sales representative tail to report back to the Director of Finance and/or his or her designee within ten days after the expiration of the time stated in the questionnaire that he or she expects to be in the city, the bond shall be forfeited and the proceeds of the same shall be placed in the General Fund of the city after payment of necessary and applicable taxes.
(C) In the event of forfeit of bond, then said person, firm, corporation, solicitor or sales representative shall be prohibited from doing like or similar work within the city for a period of five years.
(Prior Code, § 111.05) (Ord. passed 5-18-1959; Ord. passed 12-5-1983)