The text
Annual licenses shall date from the first day of January of each year; quarterly licenses shall be valid for a period of three months from the date of issuance. For annual licenses, the full yearly license fee shall be paid for licenses purchased in the first quarter of the year, seventy-five percent of such fee shall be paid for licenses purchased in the second quarter of the year, fifty percent of such fee shall be paid for licenses purchased in the third quarter of the year and twenty-five percent of such fee shall be paid for licenses purchased in the fourth quarter of the year.
(Ord. 474 §1, 1993: Ord. 234 §1(part), 1977: Ord. 132 §1(part), 1968).