19.01.040 License; Term of

(a) All licenses issued hereunder shall be for a period of not more than one (1) year and shall expire on the 30th day of June in each year. Where a license is granted for a period less than a year, any subsequent renewal thereof must be made for the full annual term.

(b) If an application is made for license hereunder during the license year for the unexpired portion of such year, the fees therefore shall be as follows:

(1) If the short term be for three (3) months or less, the license fee therefore shall be 25% of the annual license fee.

(2) If the term be for more than three (3) months and less than six (6) months, the license fee therefore shall be fifty percent 50% of the annual license fee.

(3) If the term be for more than six (6) months but less than nine (9) months, the license fee therefore shall be seventy-five percent 75% of the annual license fee.

(4) For any term in excess of nine (9) months, the full annual license fee shall be paid.