Licenses issued for a stated period of one year or for some other stated period of time shall be pro rated over the period of the license. The pro ration of the fee shall be on a quarterly basis and any unexpired fraction of a quarter will be counted as a complete quarter. In no event shall there be any proration if the prorated fee charged would be less than $25.
('72 Code, § 500:20) (Ord. 1989-623(A), passed 3-6-89)