Within sixty days from the end of each calendar year, each taxicab company licensed under the provisions of Section 721.04 and desiring to do business within the Municipality during the next calendar year, shall file an application for renewal of such license, which application shall be in such form as prescribed by the Mayor or a designee thereof.
Upon the approval of such renewal license, the Mayor or a designee thereof shall issue a license for the next calendar year upon the payment by the applicant of the fees as set forth in Section 721.04. (Ord. 62-46. Passed 6-18-62.)