There shall be only one classification of license and the semi-annual license fee shall be $700. All licenses will be signed by the Mayor and City Clerk. The semi-annual license period, under this section, shall commence on January 1 and July 1 in each year. All fees must be paid in advance of the first day of each licensing period. In appropriate situations the Mayor may prorate the fee.
(1980 Code, § 18.103) Penalty, see § 111.999