The bicycle license fee shall be for the remaining life of the operation of the bicycle and shall be in an amount established from time to time by resolution of the City Council. There shall be issued to each bicycle a metallic or comparable tag, to be furnished by the city, with the individual number thereon assigned to the respective licensed bicycle. The fee for each replacement tag, where replacement is necessary, shall also be established from time to time by resolution of the City Council. All license fees shall be forthwith paid into the treasury of the city.
(1973 Code, § 26-12)