A. The business license term shall be the 12-month period beginning on January 1st of each year and ending December 31st of the calendar year next following.

B. If any business subject to the provisions of this chapter comes into existence, or for the first time commences its operations within the city at any time after January 1st and before July 1st, the license fee payable would be that of a full year. If any business comes into existence, or for the first time commences its operations within the city at any time on or after July 1st, the license fee payable would be half of that of a full year.

C. The license fee for any business taxed hereunder shall be established by general resolution of the city council. [Ord. 698 § 9.]