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License fees shall be collected by the Police Department as follows:
(A) The license fee to be paid for each bicycle registered shall be $2 for each year, or any part of the year for which such license shall be issued.
(B) Where the transfer of bicycle ownership is made in the manner prescribed in this chapter the fee for the transfer of such license shall be $2.
('81 Code, § 73.17) (Ord. passed 2-4-63)