Any person desiring to conduct a sale regulated by this chapter shall make a written application on oath, before a notary public, to the City Clerk, not less than 20 days prior to the first day on which the sale or offer to sell, trade, or exchange is held or made, setting forth and containing the following information:
   (A)   The true name and address of the owners of a single proprietorship, partnership, or other nonincorporated entity or of a corporation the names of principals who hold more than 25% of the stock in the company whose goods are to be the object of the sale.
   (B)   The true name and address of the person from whom he or she purchased the goods to be sold and the price therefor, and, if not purchased, the manner of the acquisition, except of property which has been part of the seller's regular stock for sale in the regular course of business for not less than 90 days prior to the date of such application.
   (C)   A description of the place where the sale is to be held.
   (D)   The true names and addresses of all individuals employed by the owner, owners, or corporation of the goods to be the object of the sale and to be connected with the sale and their capacity, including the date of their employment. The list must be kept current during the course of the sale.
   (E)   The nature of the occupancy and the effective date of termination of the occupancy.
   (F)   The dates of the period of time during which the sale is to be conducted.
   (G)   The means to be employed in advertising the sale, together with the proposed substantive content of any advertisement. All proposed advertising shall be subject to prior approval by the City Clerk.
   (H)   A concise and clear statement of the reason or reasons for the urgent and expeditious disposal of the goods, wares, or merchandise to be offered at the sale.
   (I)   A complete and detailed inventory and original cost of the goods to be sold in the sale as disclosed by the applicant's records. The inventory shall be attached to and become a part of the required application.
      (1)   All goods included in the inventory shall be purchased by the applicant for resale on bona fide orders, without cancellation privileges, and shall not comprise goods purchased on consignment.
      (2)   The inventory shall not include goods ordered in contemplation of conducting a sale regulated by this chapter. Any unusual purchases or additions to the stock of goods of the business effected within 90 days before the filing of an application hereunder shall be deemed to be of the character. Goods shall be at applicant's business location or stored at a warehouse or other storage facility within 15 miles of the city limits.
   (J)   A statement that the business out of which the sale is to be held is to be terminated permanently where the sale is held or, if the business is to be removed to or continued at another place or places, a description of that place, which may be by street address, the date upon which the removed business will commence, and the name and designation under which the applicant will commence such business.
   (K)   A statement that the applicant consents to entry by authorized representatives of the city upon the premises where the sale will be held at any time during business hours, during the sale period for the purposes of ascertaining whether appropriate and timely compliance with all applicable provisions of this chapter is being made and thereafter until the closing inventory required by § 112.06 of this chapter is received.
('76 Code, § 8-1A-3) (Ord. 792, passed 11-12-87) Penalty, see § 10.99