No permit issued hereunder may be assigned or otherwise transferred without first obtaining the written consent of the City Council. Such application for consent to assignment or transfer shall be filed on such form as the City Council may prescribe, and at the time of filing the applicant shall pay to the city the sum of $500 and shall also file with the City Council a bond in the form and for the amount required for the original permit sought to be trans-ferred.
('86 Code, § 21.08.140) (Ord. 3115, passed - - ) Penalty, see § 1.12.010