(A) At the time the license is issued, the salesperson shall deliver to the Clerk-Treasurer his or her bond in the amount of $500 with acceptable surety thereon, or, in lieu of such surety, cash or a certified check in the amount of $500 made payable to the city.
(B) The bond shall run to the city and its citizens, and shall be conditioned so as to indemnify any citizen of the city for the repayment of any purchase from or payment made by any citizen to the salesperson, for any faulty or defective item or for any sales made to the citizen through misrepresentation or fraud.
(Ord. G-05-1159, passed 8-1-05)