§ 110.03 ACTION ON APPLICATION.
   (A)   Granting. The Council may grant any application for the period of the remainder of the then current calendar year. All applications, including proposed license periods, must be consistent with this title.
   (B)   Issuing. If an application is granted, the Mayor and City Clerk shall forthwith issue a license pursuant thereto in the form adopted by resolution of the Council, upon payment of the fee specified if the license is for a term of one calendar year, and a sum equal to the total of one-twelfth of such fee for each month, or part thereof, remaining in the then current calendar year as to annual fees. Only calendar year license fees will be prorated; provided also, that proration must be specifically permitted by the section of this title providing for the licensing of a business.
   (C)   Transfer. No license shall be transferable between persons. No license shall be transferable to a different location without prior consent of the Council and upon payment of the fee for a duplicate license. It is unlawful to make any transfer in violation of this division (C).
   (D)   Termination. Licenses shall terminate only by expiration or revocation.
   (E)   Refusal and revocation. The Council may, in its sole discretion and for any reasonable cause, refuse to grant any application, or revoke any license. No license shall be granted to a person of questionable moral character or business reputation. In all cases of revocation the Council shall give notice to the licensee and grant such licensee opportunity to be heard. Notice to be given and the exact time of hearing shall be stated in the resolution calling for such hearing.
   (F)   Duplicate licenses. Duplicates of all original licenses may be issued by the City Clerk, without action by the Council, upon licensee's affidavit that the original has been lost, and upon payment of the fee of $2 for issuance of the duplicate. All duplicate licenses shall be clearly marked DUPLICATE.
('69 Code, § 4.03)