A. The city clerk shall, upon the application and payment of a fee of one dollar, issue a permit for storage of gasoline and motor fuel, providing the following information is furnished and certain conditions and terms are met:
1. A statement from the fire chief that the existing or proposed storage facilities do not and will not constitute a fire hazard;
2. The location of the existing or proposed storage facilities;
3. The type and capacity of the existing or proposed storage facilities;
4. The name of the owner of the storage facilities.
B. All permits shall expire as of February 1st, of the succeeding year. (Prior code § 4-2-34)