All licenses shall be payable in advance on or before January 31 of each year, and all licenses shall expire at the end of the calendar year for which they are issued. Licenses for the same business use may be transferred, upon approval of the Mayor.
If any licensee, having paid the annual license fee, shall cease to operate, for any reason thereunder, at any time during the current year, such licensee shall not be entitled to a refund. (Ord. 83-3, 11-19-1985)