It shall be unlawful for any person to sell, dispose of, advertise for sale or offer for sale at public auction any property of any kind unless he or she complies with the following conditions.
(A) Such sale shall be conducted by an auctioneer duly licensed by the City Clerk, as herein provided.
(B) Such property shall have been on the tax rolls of the city for a period of one year prior to such sale or comprise the stock of goods of a merchant who has regularly done business in the city for one year continuously prior to such sale.
(C) All taxes, plus penalties, which have become a lien under any law or provision of this code, shall have first been paid.
(D) In the event such sale is a closing out sale, state statute on going out of business sales and the provisions of this code regulating such sales shall be complied with.
(E) No property of any kind shall be added to the goods, wares or stock at any closing out sale after the inventory is filed, nor shall any property be added within 60 days prior to the commencement of such sale in anticipation thereof.
(F) No property which has been struck off to the highest bidder during the course of such sale shall again be offered for sale during such auction.
(G) No sale of platinum, gold, silver, plated ware, precious or semi-precious stones, watches or other jewelry shall be permitted unless it is a closing-out auction and application therefor has been on file with the City Clerk for a period of 60 days prior to the first day of such sale, and every such article sold shall have securely attached to it a tag or label upon which shall be plainly written or printed in English a true and correct statement of the kind and quality of the metal of which such article is made or with which it is plated, and the true name or names, weight, quality and color of any precious or semi-precious stone or stones, together with the name of the manufacturer of such article.
(H) A sales book shall be kept, signed by the purchaser, showing each sale of any article at the time of purchase, opposite a description of the article and, if no purchaser comes forward to sign such book, then the next highest bidder shall have the right to sign such sales book and to demand and receive such article at the amount of his or her last highest bid.
(I) No auction shall be conducted or continued in the city after 11:00 p.m. of any day.
(Prior Code, § 5-2) (Ord. 788, passed 10-28-1985) Penalty, see § 10.999