Such license fees or taxes shall be due and payable annually in advance of May 1 of each year, and the license shall be for one year; provided that the owners of such vehicle coming into possession of the same after the expiration of six months of the license year shall pay one-half of the lesser annual fee, set out herein, if paid within 30 days of the date of coming into possession of each vehicle, or one-half of the larger fee, set out herein, if paid more than 30 days after coming into possession. For licenses issued between April 1 of one year and before the 12-month period beginning May 1 the following year, such licenses shall be deemed to expire on April 30, notwithstanding any other provision of the city code or other license provision to the contrary.
(Prior Code, § 40-2-1006) (Ord. 1259, passed 10-17-1981; Ord. 03-43, passed 9-8-2003; Ord. 2016-11, passed 2-16-2016)