Regulating the Solicitation of Funds Residents of the City of South Bend and Providing Penalties Where such Solicitation Fraudulently Conducted of Respented

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4. That the applicant is not engaged in any fraudulent trans- action or enterprise; S. That the solicitation will not be a fraud on the public; 6. That the solicitation is prompted solely by a desire to finance the charitable cause described in the application, and will not be conducted primarily for private profit; 7. That the cost of solicitation and /or promotion shall be reasonable and shall not exceed a reasonable portion of the receipts to be realized from the solicitation. Whenever any Professional Promoters or Professional Solicitors are employed in connection with the solicita- tion a copy of the contract between the applicant and such Professional Promoters or Professional Solicitors must be submitted to the Commission with the application for registration and permit in order that the Com- mission may determine whether said contract is in compliance with the provisions of this ordinance. 8. That the kind, character, and method of the proposed solici- tation,_ u, are such that the solicitation will be in the interests of and not inimical to the safety, convenience, or welfare of the residents of the said Municipal City of South Bend; 9. That the Commission shall file with its secretary for public inspection a written statement of its findings of fact and its decision upon each application. If the application is denied, the Commission shall notify the applicant by certified mail, at the address given in the application, stating the reasons therefor. VIII COST OF SOLICITATIONS - LIMITATIONS The cost of solicitation for a charitable solicitation shall not exceed a reasonable portion of the gross amount realized from such solici- tation after deduction of the cost of promotion. Cost of solicitation in excess of twenty -fire percent (25 %) of the gross amount realized from the solicitation after the deduction of cost of promotion shall establish a prima facie case that the cost of solicitation is unreasonable. 6