A. It is unlawful for any person, firm, association or corporation to engage in, exercise or pursue any business, profession, trade, occupation or privilege for which a license tax is levied by section 9-101 of this chapter, or by any other ordinance or ordinance provision, without paying the license tax, and securing and possessing a valid license therefor. Upon making proper application to the city clerk, the payment of the license tax and fulfillment of any other condition which may be prescribed by law and/or ordinance, the city clerk shall issue a license therefor. Such license taxes shall be credited to the general fund of the city.
B. Annual licenses shall expire on June 30 of the year for which they are issued. When an annual license is issued after July 1 for the remainder of the year to a person, firm, association or corporation just beginning to engage in, exercise or pursue a business, profession, trade, occupation or privilege, the tax collected shall be a fractional part of the annual tax equal to the fraction of the year remaining, with a minimum of ten dollars ($10.00). (2000 Code § 9-103)