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All permits for the conduct of a motor bus transport business or motor bus transport deport issued pursuant to the terms of this chapter shall be issued and signed by the City Manager and sealed with the seal of the city. The permit shall be dated on the day of its issuance, shall bear a serial number, shall show the name and address of the permittee and that the permittee has been authorized by the City Council to operate, conduct, and maintain a motor bus transport business or motor bus transport depot within the corporate limits of the city until December 31, next following the date of its issuance; and that such permit is subject to revocation at any time by the City Council of the city. All permits issued pursuant to the terms of this chapter shall expire on December 31 next following the date of issuance, but, unless revoked as provided in § 118.05, any such permit may be automatically renewed to December 31 of the year next following upon the permittee tendering to the City Manager the fee prescribed in § 118.07 of this chapter.
('68 Code, § 9½-4) (Ord. 1398, passed 8-21-78)