For the purposes of this section, business licenses shall be deemed to have been issued on the first day of the month regardless of the date of each such issuance within the respective month.
(A) Annual license. Each annual business license shall expire on the last day of the eleventh month following the month on which it was issued.
(B) Quarterly license. Each quarterly business license issued during:
(1) The first quarter of any calendar year shall expire on March 31 of that year,
(2) The second quarter of any calendar year shall expire on June 30 of that year,
(3) The third quarter of any calendar year shall expire on September 30 of that year, and
(4) The fourth quarter of any calendar year shall expire on December 31 of that year.
(C) Monthly license. Each monthly business license issued on any day within any given calendar month shall expire on the last day of that month.
(D) Daily license. Each daily business license shall expire at 12:00 a.m. on the date of its issuance.
(E) Fee-exempt license. Any business license issued for which the fee and/or tax has been exempted pursuant to the provisions of this Title 5 shall expire at 12:00 a.m. on December 31 of the year during which it was issued.
('86 Code, § 5.04.186) (Ord. 4059, passed - - )