The annual license fee for each junk yard shall be $500 payable in advance with the filing of the application for license, and shall not be subject to prorate reduction for a portion of the year, either because the application for or because of revocation of a license; provided, however, that, only one annual license fee shall be payable for licenses, which may be issued whenever the applicant desires to keep, maintain, conduct or operate junk yards on lots, blocks, tracts or parcels of land which are situated on directly opposite sides of and abut upon each side of a public street or alley.
(Prior Code, § 16-408)