(A) Each vendor of alcoholic beverages within the town shall pay an annual municipal license tax to the town in an amount equal to 50% of the state and county license taxes thereon, provided by law.
(B) Such license taxes shall be paid and such licenses shall be issued for the period from October 1 through September 30 of each year, beginning October 1, 1967.
(C) Any person, firm or corporation beginning such business on or after April 1 of the license year may obtain a new license expiring on October 1 of the same year upon application therefor, and the payment of one-half the license tax herein required for the annual license.
(D) In no event shall any license tax levied hereunder exceed 50% of the state and county license tax provided by law as being applicable in the county.
(E) All licenses issued under the terms of this section shall be separate from any other municipal license and the amount of license tax paid for such license must show on its face.
(Ord. 2-67, passed 9-27-1967) Penalty, see § 110.99