§ 112.18 TERM OF LICENSE.
   Each license issued under this chapter shall terminate on the 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 for the following classes:
   (A)   For Class "B" licenses, the initial fee to be paid shall be reduced in proportion to the full calendar months which have expired in the calendar year in which such license is issued.
   (B)   For Class "C" and Class “D" licenses, the initial fee to be paid shall be reduced by $125 for each month prior to issuance if issued between January 31 and June 30 of the license year and reduced by $750 if issued on or after July 1 of the license year.
(`70 Code, § 4-5) (Ord. 264, passed 9-26-78; Ord. 344, passed 4-26-83; Ord. 1059, passed 3-28-17; Ord. 1181, passed 11-22-22)