729.04 APPLICATION FOR CLOSING-OUT SALE.

   Any person desiring to conduct a closing-out sale shall make written application to the Auditor in such form as may be prescribed by the Auditor. Such application shall be verified by the applicant before a person authorized to administer oaths and shall contain the following information and such other information as the Auditor may deem necessary:

   (a)    The name and address of the owner of the goods to be the object of the sale and the name and address of the operator of such sale, of other than the owner.

   (b)    The name and address of the persons from whom the goods were purchased or acquired and the terms, conditions and date of such purchase or acquisition.

   (c)    A description of the place where such sale is to be held.

   (d)    The nature of the occupancy of the place where such sale is to be held whether by lease or otherwise, and the effective date of termination of such occupancy.

   (e)    A full and complete statement of the facts regarding the proposed closing-out sale including the reason why such sale is to be conducted and the dates of commencement and termination of such sale.

   (f)    The means to be employed in advertising and publicizing such sale including the content of any proposed advertisement or publicity.

   (g)    A complete and detailed inventory of the goods on hand or on order and not yet received to be sold at such sale as disclosed by the applicant's records. Such inventory shall include only goods purchased by the applicant for resale on bona fide orders without cancellation privileges and shall not include goods purchased on consignment or goods ordered in contemplation of conducting such sale. Any unusual purchase or additions to the stock of goods within the thirty days prior to the filing of the application shall be prima-facie evidence that such purchase or addition was made in contemplation of such sale and for the purpose of selling the same at such sale. No person or official shall disclose the contents of such inventory, except as may be necessary in the administration and enforcement of this chapter.

   (h)    A statement of the total retail value of the inventory submitted in accordance with subsection (g) hereof.

   (i)    An itemized listing of any goods on hand at the premises of the sale which are not to be included in the sale including any goods on order but not yet received.

   (j)    A detailed explanation of the disposition to be made of the business and the premises upon the termination of the sale.

      (Ord. 6-75. Passed 3-18-75.)