(A) All licenses (metal license tags and vehicle stickers) issued under this chapter expire on June 30 following the date of issuance. A late fee of $50 will be applied to purchases after June 30;
(B) If a vehicle has been purchased or lawfully acquired by the applicant for a license or becomes a new resident on or after January 1 of any year, the license fee to be paid shall be prorated, for the balance of the license year, to a sum equal to one-half of the annual license fee specified in § 462.04;
(C) An applicant who has purchased a vehicle after June 30, and who applies for a vehicle license within 30 days after the purchase, is exempt from payment of the penalty; and
(D) An applicant who has just established residency in the city, and who applies for a vehicle license within 30 days after establishing the residency, is exempt from payment of the penalty.
(E) Before an applicant is entitled to a prorated license or exemption from any penalty provided for in this section, the applicant shall furnish an affidavit, in a form satisfactory to the City Collector, stating the date of his or her residency and the date the vehicle to be licensed was purchased or otherwise obtained.
(F) All applicants who do not comply with the requirements of this section are subject to the full annual license fee plus the penalty provided herein.
(Ord. 14-09, passed 2-25-2014; Ord. 16-05, passed 3-22-2016)