(A) No license may be issued to an organization for the retail sale of fireworks, unless the organization shall first furnish to the village a cash bond in the amount of $1,000.
(B) Such bond shall be conditioned so that:
(1) The organization shall abide by any laws and regulations pertaining to the sale of fireworks, including all applicable provisions of this subchapter; and
(2) That the organization shall thoroughly clean the location identified in its application where fireworks are to be stored or sold and remove any outlet, stand, booth or other facility and all debris from such location by 12:00 p.m. on July 7 of each year, unless July 7 falls on a weekend, then clean-up shall be completed by 12:00 p.m. on the following Monday.
(C) The bond shall be forfeited to the village in its entirety whenever the license issued to the organization is revoked by the village for any reason contemplated by § 92.60(E)(6) or whenever the organization shall not comply with the condition set forth in division (B)(2) above.