739.07 PERIOD OF LICENSE AND RENEWAL PROCEDURE.
   (a)    Unless otherwise provided by the Board, any license issued under this chapter shall be effective as of the date of its issuance and shall continue in full force and effect until revoked, abandoned, or surrendered as provided in Section 739.12 of this chapter. However, a license procured under this chapter shall expire upon the failure of the holder thereof to pay the applicable license fee or renewal fee pursuant to Section 739.08 of this chapter.
   (b)    Any license issued under this chapter shall be renewed by the 30th day of June of every year pursuant to subsection (c) hereof. Failure to renew a license issued under this chapter by the 30th day of June of each year shall be deemed an immediate abandonment and any further operation under the guise of the expired license is in contravention of this chapter and subject to penalty.
   (c)    An applicant for a renewal license shall file with the Chairman of the Board a written application upon forms provided by the Board, signed and sworn to in the same manner required in the case of an original application, together with three copies of the application and a fee as hereinafter prescribed. The application shall contain such information about the applicant's demeanor and the conduct and operation of the licensed business during the preceding license period as is reasonably necessary to enable the Board to determine the applicant's eligibility for a renewal license.
   (d)    It is hereby declared to be conducive to the health, welfare, safety, and general convenience of the City, that there shall be no more than two licenses at any time issued and outstanding to junk dealers or scrap processors, irrespective of whether the two licenses are issued to two junk dealers, two scrap processors, or any combination thereof.
(Ord. 1999-21. Passed 1-19-99.)