(A) Any license due hereunder may be issued on a quarterly basis provided that the business is newly established, has ceased operation during the year, or will be operated within the city only for a specified period of time. The application for a quarterly license shall be a written statement upon a form provided by the Finance Department and shall be signed by the applicant under penalty of perjury or sworn to by the applicant before a person authorized to administer oaths. The application shall set forth such information as may be necessary to properly determine the amount of the license tax to be paid by the applicant.
(B) In the case of a newly established business, the tax shall be 25% of the full annual tax for the quarter during which application is made, plus 25% of the full annual tax for each subsequent quarter ending December 31, plus a processing fee of $8.
(C) In the case of a business which will be operated within the city only for a specified period of time, the tax shall be 25% of the full annual tax for the quarter during which the application is made, plus 25% of the full annual tax for each subsequent quarter or portion of a quarter ending with the close of the period during which the business shall operate on December 31, whichever comes first, plus a processing fee of $8.
('63 Code, § 6-1.124) (Ord. 378-C.S., passed 12-7-82)