(A) Transfer fee. If a business is sold or transferred to a different individual, partnership or corporation after the business license fee for any given year has been paid, the new owner shall pay a $100 transfer fee, and upon payment of said fee, shall not be required to obtain a new license or pay an additional license fee for the year of said transfer.
(B) New business in currently licensed premises. If a business opens after September 1 of any calendar year, and occupies a space or location where the business license fee has been paid for the current year by a prior business of the same category as set forth in § 4-1-4 of this chapter, the new business can transfer the business license for a $100 transfer fee for the remainder of the current year. The transfer of the business license fee creates no right to a refund for the prior business.
(C) License fee prorated. If a business opens during the calendar year the business license fee as set forth in § 4-1-4 of this chapter, will be prorated on a quarterly basis. If a business opens on or between January 1 and March 31 of the calendar year 100% of the fee will be due, if a business opens on or between April 1 and June 30 of the calendar year 75% of the fee will be due, if a business opens on or between July 1 and September 30 of the calendar year 50% of the fee will be due, if a business opens on or after October 1 of the calendar year 25% of the fee will be due. The proration does not apply to seasonal businesses that have had a business license in the prior years.
(D) Minimum fee. Under no circumstances will the business license fee be reduced to an amount less than $100 because of proration.
(Ord. 38(1988) § 1; Ord. 8(1989) § 7; Ord. 21(1995) § 1)