Unless prior application is made, thereafter approved, and a permit issued thereon, upon the sale or transfer of any interest in an escort bureau, the permit shall immediately become null and void. A new application shall be made by any person, firm or entity desiring to own or operate the escort bureau. A fee as established by resolution of City Council shall be payable for each such application. Any application involving the sale or other transfer of any interest in an existing escort bureau, as well as any permit which may thereafter be granted, shall be subject to the provisions of this chapter.
('61 Code, § 6A.15) (Ord. 740, passed - - )