The itinerant vendor shall make application to the city clerk at least ten (10) days prior to the date of his contemplated sale or exhibit to be held in the city, which application shall be in the form of an affidavit, stating the full name and address of the itinerant vendor, the location of his or its principal office and place of business, the names and addresses of its officers if it be a corporation, and the partnership name and the names and addresses of all partners if such itinerant vendor be a firm. The application thereof must be accompanied by:
A. A statement showing the kind and character of goods to be sold, or merchandise to be sold, offered for sale or exhibited;
B. A certified copy of the articles of incorporation if the itinerant vendor be a corporation, incorporated under the laws of this state;
C. A certified copy of its permit or authority to do business in the state and current state sales tax permit; and
D. A bond in the sum of not less than one thousand dollars ($1,000.00), executed by the itinerant vendor as principal, with some surety company authorized to do business in the state as surety, which bond shall be payable to the city for the use and benefit of any person or persons entitled thereto and conditioned that the principal and surety will pay all damages to person, or persons, caused by or arising from, or growing out of, the wrongful or illegal conduct of the itinerant vendor while conducting the sale or exhibit in the city. The bond shall remain in full force and effect for the entire duration of the license permit as provided herein, and two (2) years thereafter. (1987 Code § 9-203)