862.05 LICENSE RENEWALS.
   (a)   All licenses issued pursuant to this chapter shall be renewed on an annual basis. Each such license shall be effective from October 1 of the year of issuance through September 30 the following year.
   An application for a license renewal shall be made pursuant to this chapter and fees for the license renewal shall be paid pursuant to Section 862.04. An application for a license renewal received after September 15 of each year shall be considered an application for an initial license. A license renewal shall be approved if the licensee continues to be in compliance with this chapter, the Zoning Code and all other applicable ordinances, statutes and regulations of the City, State and Federal Governments.
   (b)   The owner, lessee or operator of a used motor vehicle lot that is licensed under this chapter is not eligible to apply for a renewal of his or her license if he or she:
      (1)   Closes or abandons the used motor vehicle sales lot operation for a period of thirty days or more; or
      (2)   Fails to maintain compliance with all applicable City, State and Federal ordinances, regulations and statutes.
(Ord. 07-06. Passed 3-7-06.)