(A) A license may be transferred from one owner to another, upon the necessary application, for a fee in an amount to be established by resolution of the City Council.
(B) Such applicant assumes the rights and responsibilities of the former owner as to the amounts of license fees due which have not been paid or any overpayments.
(C) Any owner may transfer his location of business by completing a transfer request and paying a fee in an amount to be established by resolution of the City Council.
('81 Code, § 5.04.260)