474.14   REGISTRATION REQUIRED.
   (a)   After January 1, 1974, no bicycle shall be operated in the City without first registering the same as provided for herein. Application for registration shall be made to the Chief of Police or his authorized representative upon a form provided by the Chief. The application shall contain the name, date of birth and address of the applicant and the name, color and serial number or other identifying marks of the bicycle and such other information as the Chief deems pertinent.
   (b)   No person who is the owner of a bicycle shall use such bicycle unless it is registered in a manner satisfactory to the Chief or to whomever he may delegate.
   (c)   The registration provided for in this section shall be valid for the lifetime of the bicycle or until ownership of such registered bicycle changes, whichever occurs first.
   (d)   This section shall not apply to any bicycle in transit within the City provided that such bicycles have been registered in some other municipality in accordance with the terms of an ordinance similar to this section if such exists, or if the owner is a resident of another community.