(a)   Any licensee, a private club authorized and licensed to sell alcoholic liquors under the provisions of West Virginia Code Article 60-7, whose premises are situate in the City, shall pay, and there is hereby levied, an annual fee for a licensee as follows:
      (1)   For a licensee having less than 1,000 members, five hundred dollars ($500.00); and
      (2)   For a licensee having 1,000 or more members, one thousand two hundred fifty dollars ($1,250).
   (b)   The annual Municipal licensee fee is levied for revenue purposes only, and such fee shall be paid to the City Treasurer and credited to the general revenue of the City. The fee for any such license issued following the first day of January of any year and to expire on the thirtieth day of June of such year shall be one-half of the fee prescribed herein.
(1970 Code Sec. 4-2)