(A) Every license issued hereunder shall be valid from the date of issue to the first day of May next succeeding the date of issue.
(B) Whenever any owner, partner or member of an original firm which is a licensee under this subchapter ceases to carry on business or ceases to be a partner or member, the license issued under this subchapter shall be surrendered to the Local Liquor Control Commissioner for revocation and cancellation. The Local Liquor Control Commissioner shall have the right to assign and issue such license.
(C) If a license is not used by a licensee within a period of 60 days from the date of its issuance, the license is subject to revocation in the discretion of the Local Liquor Control Commissioner; provided further that if the use of a license lapses for a period of 60 days, the license is subject to revocation in the discretion of the Local Liquor Control Commissioner.
(D) The unused portion of the license shall be forfeited to the city when such license is revoked or canceled as provided in this division.
(E) Proration of first year of license fee. Notwithstanding anything to the contrary in this chapter, each license under this chapter shall be accompanied by the payment of an annual fee unless payable semi-annually as provided herein, pro-rated on a monthly basis on the date of filing the application to May 1 next succeeding the filing of the application. Thereafter, the official licensing year shall begin on May 1 of each year and expire on April 30 of the next succeeding calendar year. If the license is issued on any date in a particular month, that month shall be calculated as a full calendar month for the purpose of the proration provided herein and the full license fee shall be charged for any license issued at any time during the first month of such license year. No license shall be issued for any term less than the balance of the unexpired license year.
(Ord. 1179, passed 2-19-02)