7-2-4: PAYMENT AND USE OF FEES; TERM OF LICENSE:
Such license fee or tax shall be due and payable annually in advance from March 1 through May 1 of each year and the license shall be for a one year period; provided, that each owner or operator coming into possession of such motor vehicle or motorcycle between September 1 and the last day of February shall pay one-half (1/2) of the annual fee established herein, and shall have thirty (30) days from date of possession to comply with the provisions of this chapter.
All revenues derived from such license fees shall be utilized as provided by statute. (Ord. 2018-28, 11-19-2018)