(A) The City Manager shall approve the issuance of the permit if he finds:
(1) All the information contained in the application and supporting data is true.
(2) The applicant has not, within the previous six months, been convicted of any violation of this chapter or any law relating to fraud or moral turpitude.
(3) The applicant appeared in person at the hearing.
(4) The applicant agrees to abide by and comply with all conditions of the permit and this chapter.
(B) The City Manager shall deny the permit only if it cannot make each of the findings set forth above.
(C) If the City Manager approves the permit, the City Treasurer shall thereafter issue the permit when:
(1) The fee required by § 110.18 has been paid.
(2) The applicant has posted with the City Clerk, surety bond in the principal sum amount of $10,000 executed as surety by a good and sufficient corporate surety authorized to do a surety business in the state and as a principal by the applicant. The form of the bond shall have been approved by the City Attorney and shall have been given to insure good-faith and fair dealing on the part of the applicant and as a guarantee of indemnity for any and all loss, damage, theft, or other unfair dealings suffered by any patron of the applicant within the city during the term of the permit.
(D) The term of the permit shall be for one year. A renewal application shall be filed no later than 30 days prior to the expiration of the permit and shall be processed in the same manner as a new application.
(`67 Code, § 6-10-6)