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55 (9) Any manager,proprietor,or agent in charge of the business has committed fraud,misrepresentation or made false statements in the application and investigation for the applicant's business; or (10) Business practices, or conduct, deemed by the City to be contrary to the best interests,or safety,of the public; or (11) Any manager,proprietor,or agent in charge of the business has violated within the preceding five(5) years, of any law relating to theft, damage or trespass to property, sale of a controlled substance,or operation of a business. 565.12. Bond Required. At the time of filing an application for a license, the applicant shall file a bond in the amount of Five Thousand Dollars ($5,000.00)with the City. The bond, with a duly licensed surety company as surety thereon, must be approved as to form by the City Attorney. The bond must be conditioned that the licensee shall observe all ordinances of the City and all laws in regulation to the business of secondhand dealers, and that the licensee will account for and deliver to any person legally entitled thereto any articles which may have come into the possession of the licensee as a secondhand dealer, or in lieu thereof such licensee shall pay the person or-persons the reasonable value thereof. The bond shall contain a provision that it may not be cancelled without thirty(30) days advance written notice to the City. 565.13. Records Required. A. Exempt Transactions. The following items,when received by a dealer, are exempt from recording and reporting requirements in this Section,regardless of the purchase price paid by the dealer, asking price if consigned or brokered, or value attributed to it if accepted in trade: (1) The receipt of new or used merchandise from a merchant,manufacturer or wholesaler having an established permanent place of business, and the retail sale of said merchandise,provided the secondhand dealer must maintain a record of all such transactions which describes each item,and must identify such items in a manner which relates them to that transaction record. Any identification code used by the dealer must be provided to the Chief of Police, or the chiefs designee upon request. (2) The sale or receipt of secondhand household kitchen and laundry appliances. (3) The sale or receipt of secondhand furniture, excluding audio, video and other electronic devices. (4) The sale or receipt of secondhand cookware, glassware and eating utensils that do not contain precious metals. 12