Any person desiring to conduct a “Going Out of Business Sale”, as defined in this subtitle, shall make a written application to the licensor, signed and verified by the applicant before a person authorized to administer oaths. Each application shall contain the following information:the true name and address of the owner of the goods, wares, and merchandise to be the object of the sale; a description by street location, address, and type of building of the location at which such sale is to be held; the name of the occupant of the location in question and whether by ownership, lease, or sublease; if by lease or sublease:the effective date of the termination of such tenancy; and the name and business address of the lessor or sublessor; a full and complete statement of the facts in regard to the “Going Out of Business Sale”, including:the reason why the sale is to be conducted; the manner in which the sale will be conducted; and the date or period of time in which the sale is to be conducted; a complete and detailed inventory of the goods, wares, and merchandise to be sold at such sale as disclosed by applicant’s records. All goods, wares, or merchandise included in such inventory:shall have been purchased by the applicant for resale on bona fide orders without cancellation privileges; and shall not comprise goods, wares, or merchandise purchased on consignment. This inventory shall become a part of the application for a license to conduct a “Going Out of Business Sale”. City Code, 1966, art. 2, §32 1976/83, art. 2, §30 Ord. 51-058 Ord. 04-672