(a) At the time a license application is filed, each applicant whose door-to-door selling business consists in whole, or in part, of making retail sales as defined in section 130-32 shall deposit funds with the licensing administrator as security for the collection and remittance of city sales tax on retail sales made by the applicant. The amount of such deposit shall be established by the director in accordance with the provisions of section 2-587 of this Code.

(b) Every 90th day following the date upon which the license is issued, the licensee shall deposit with the licensing administrator such funds as are necessary to maintain such security in the amount required by the director.

(c) After the license has expired, the licensee's deposit shall be returned only upon the payment of all sales tax due and owing to the City. (Ord. No. 2005-92, § 12, 12-5-2005; Ord. No. 98-86, § 8, 11-30-1998)