§ 7.20.010. License required—Fee.

A.

No person shall advertise or conduct any sale of goods, wares or merchandise at retail that is represented as a bankrupt, insolvent, assignee's, adjuster's, trustee's, executor's, administrator's, receiver's, wholesaler's, jobber's, manufacturer's, closing-out, liquidation, closing stock, fire or water damage sale, or any other sale which by representation or advertisement is intended to convey an impression that the person conducting the sale is selling out or closing out the goods, wares or merchandise of any business for less than the current or going retail price of the goods in the City, without first filing with the City Clerk the inventory provided for by this chapter and obtaining from the City Clerk a license to do so, to be known as a "closing-out sale license."

B.

The fee for a closing-out-sale license shall be established by resolution of the City Council.

C.

Only one closing-out-sale license shall be issued to any one person within a twelve-month period, except, that for good cause shown, the Mayor may extend the duration of a license previously issued to the same person for the same location for one consecutive period of time not to exceed thirty additional days, upon payment of an additional fee in accordance with the schedule set forth in Subsection B of this section.

(Ord. O-16-99 § 1 (part); prior code § 14-26)