A. Fee Imposed:
1. There is imposed on each place of business conducted in the city a business license registration fee of twenty five dollars ($25.00). The fee is imposed pursuant to New Mexico Statutes Annotated section 3-38-3 as it now exists or is amended and shall be known as the "business license registration fee".
2. The business license registration fee may not be prorated for business conducted for a portion of the year. (Ord. 1217, 12-28-2011)