The applicant shall pay a license fee in the amount of $10 to the City Clerk at the time of filing application, and again at any time thereafter when corrective information such as that described in § 4-3-5 of this chapter is thereafter provided to the City Clerk. In the event the initial application, or the application with such corrective information is disapproved by the Clerk, such fee shall be retained by the city. The applicant shall be required to file bond only in those instances when the Clerk, upon investigation, determines that insufficient information of local operations by the person or organization conducting the solicitation has been given to the Clerk to permit a determination of the propriety of the manner of solicitation of funds by the organization, or of the adherence of the organization conducting such solicitation to this chapter or to other ordinances or laws, or of the proper distribution of funds so raised. In such event, before authorizing issuance of a license, the Clerk may require a corporate bond to be executed and delivered to the city in the penal sum of $5,000, conditioned upon the faithful handling and distribution of the funds so raised, and upon the funds being solicited in the manner specified in the application and not contrary to this chapter or other city ordinances or state law. After a period of operation under a license, but no sooner than six months after its issuance, the licensee may request that the Clerk relieve it of the requirement of bond, and in the discretion of the Clerk, it may be so relieved or the period of bond may be continued until a later date.
(Ord. B-395, passed 1-18-1983)