The term of each alcoholic liquor license shall commence on January 1 and shall terminate on December 31 next following its issuance. The license fee shall be paid in advance and there shall be no refund of any portion of the fee except that the fee to be paid for a license issued between the months of February and December shall be reduced in proportion to the full calendar months which have expired. (Ord. 97-30, 9-18-1997)