A. Fee Established: There is imposed on each place of business conducted in the village a business registration fee of thirty five dollars ($35.00). The fee is imposed pursuant to New Mexico Statutes Annotated section 3-38-3 as it now exists or is amended and shall be known as the "business registration fee".
B. Proration: The business registration fee will be prorated to a fee of twenty five dollars ($25.00) for new businesses applying during the last quarter of the year.
C. Exemption From Fee: No business registration fee shall be imposed on any business which is licensed pursuant to New Mexico Statutes Annotated section 3-38-1. (Ord. 2000-01, 2-4-2000)