A.    Term--Pro-Rating Fee. Each such license shall terminate on the thirtieth day of April next following its issuance. The fee to be paid shall be reduced in proportion to the full calendar months which have expired in the year prior to the issuance of the license.

    B.    Disposition of Fees. All such fees shall be paid to the city clerk at the time application is made and shall be forthwith turned over to the treasurer. In the event the license applied for is denied, the fee shall be returned to the applicant; if the license is granted, then the fee shall be deposited in the general corporate fund or in such other fund as shall have been designated by the mayor and council for proper action. (Prior code § 21-2-10)