(A) All classes of licenses with the exception of Class “E” shall terminate on April 30 next following the date of their issuance. The fees to be paid for such licenses shall be payable annually in full, in advance for the term on or before May 1 of the fiscal year for which application is made. No license shall be issued for any part or portion of the fiscal year, except the whole, and no rebate or refund shall be given for any license issued after the commencement of the fiscal year.
(B) Any issued license shall automatically terminate, prior to the end of the fiscal year, on the thirtieth day following the closure of the business for which the license was issued. Notice of such termination shall be sent by the village to the address of the license holder.
('79 Code, § 2105) (Ord. 1982-O-7, passed 12-7-82; Am. Ord. 1984-O-6, passed 2-7-84; Am. Ord. 1994-O-01, passed 3-15-94)