(A) All license fees required by this chapter shall be paid in full to the City Clerk.
(B) Upon payment of the license fee, the said city license fee shall be promptly turned over to the City Treasurer for deposit in the corporate fund. There shall be no proration of any license fee and no refund of any fee paid for any unused portion of the license required. In the event that payment is not made by January 1 of any license year, then said license shall be deemed to have been abandoned by the licensee and said license shall automatically be terminated for the reason that same has been abandoned.
(C) The Liquor Commissioner shall report any license abandonment to the City Council at the first meeting in January.
(Prior Code, § 111.60) (Ord. 99-287, passed 12-14-1999)