(a) Town licenses shall expire at midnight on the last day of June subsequent to the date of issuance and shall be renewable annually, except such licenses for which the tax or fee is by the day, week, month or other period less than a year, and except as may be provided otherwise.
(b) The license tax or fee for an initial license upon the commencement of business shall be prorated in the following manner. All licenses granted prior to January 1 shall be charged the full amount of such license tax or fee and all licenses granted after January 1 shall be charged one half of the full license tax or fee. No license, however, shall be issued for less than two dollars ($2.00).
(Ord. 97-1. Passed 5-15-97.)