Any one desiring to transfer or assign a license for which the assent of Council must be had prior to issue, shall likewise apply to Council for permission for such assignment or transfer, specifying the person to whom such transfer is to be made and, if Council shall approve of the same, shall enter an order of record allowing such transfer, whereupon the City Clerk shall issue a new license to the licensee for the unexpired term upon the surrender of the old license and payment of his or her fee.
(Prior Code, § 741.07)