Any person desiring a license shall, at least ten days prior to the proposed auction sale, file with the City Clerk an application in writing duly verified by the person proposing to sell, dispose of, or offer for sale any new merchandise at public auction, which application shall state the following facts:
(A) The name, residence, and post office address of the person, firm, or corporation making the application; and if a firm or corporation, the name and address of the members of the firm or officers of the corporation, as the case may be;
(B) The name, residence, and post office address of the auctioneer who will conduct the auction sale;
(C) A detailed inventory and description of all the new merchandise to be offered for sale at the auction and a valuation thereof; and
(D) A statement as to whether or not the sale at public auction shall be with or without reservation.
(1993 Code, § 112.03) Penalty, see § 10.99