Council shall have the sole authority to issue licenses for the establishment, maintenance and operation of salvage yards within the limits herein defined and shall charge therefor a fee of fifty dollars payable annually in advance. All licenses issued under this section shall expire on the first day of January following the date of issue. A license may be renewed from year to year upon paying Council the sum of fifty dollars for each such renewal. All such license fees collected under the provisions of this article shall be deposited to the credit of the City.
(Ord. 2-3-69.)