Every permittee shall file with the City Clerk/Treasurer a surety bond payable to the city in the amount of two thousand dollars ($2,000.00). The bond shall be conditioned that the permittee shall comply fully with all state laws regulating peddlers, canvassers, solicitors, transient merchants, itinerant merchants, or itinerant vendors, as the case may be, and shall guarantee to any citizens of the city that all money paid as a downpayment will be accounted for and further guaranteeing to any citizen of the city doing business with the permittee that the property purchased will be delivered according to the representations of the permittee. Action on the bond may be brought by any person aggrieved and for whose benefit, among others, the bond is given, but the surety may, by paying, pursuant to an order of the court, the face amount of the bond to the City Clerk/Treasurer of the county in which the suit is commenced, be relieved without costs of all further liability. The bond shall be enforced and held by the city for one (1) year from the date the license is issued.
(Ord. 86-004, passed - -86; Am. Ord. 2013-01-17, passed 1-17-13)