Every person, firm or corporation desiring to do business in the city shall apply to the City Clerk for a license to operate such business, and in the case of new licenses, shall appear before the governing body before the commencement of business and issuance of the license. Upon approval by the governing body, the City Clerk shall issue to the applicant a license that shall be signed by the City Clerk. It shall be the duty of the City Clerk to pay over the amount so collected on each license issued to the City Treasurer of the city.