Each and every person engaged in business as a pawnbroker within the city limits is required to obtain a license by completing a license application in the form required by the police department. Applications may be obtained from the city clerk. Applicants shall be required to pay a license fee in the sum of fifty dollars ($50.00) prior to issuance of the license required herein. Each license issued shall be valid for one year, and licenses must be renewed annually. All persons subject to the requirements of this chapter shall have until June 15, 1992, to obtain the required license. (Ord. 596 § 2, 1992)