Upon the filing of such application and upon payment of the permit fee specified herein such permit shall be issued be the Chief of Police. Each such permit shall specify the number and type of coin-operated machines for which it is issued. No such permit shall be valid for any number of machines or devices in excess of that for which issued.
   (A)   The initial permit shall be issued for the unexpired portion of the calendar year in which the application is filed.
   (B)   Unless cause exists for the revocation of any such permit, as provided in this chapter, any such permit may be renewed for successive one-year periods upon a calendar year basis.
('86 Code, § 5.43.030) (Ord. 3439, passed  - - )