§ 26-39. License fee.

(a)

The required license fee shall be paid for each business subject hereto according to the applicable rate classification on or before March 31 in each year, except for those businesses in rate class 8 for which a different due date is specified.

(b)

A separate license shall be required for each place of business and for each classification or business conducted at one place. If gross income cannot be separated for classifications at one location, the license fee shall be computed on the combined gross income for the classification requiring the highest rate. A license fee based on gross income shall be computed on the gross income for the preceding calendar or fiscal year, and on a 12-month projected income based on the monthly average for a business in operation for less than one year. The fee for a new business shall be the base rate set by the applicable rate class. The initial fee for an annexed business shall be prorated for the number of months remaining in the license year. No refund shall be made for a business that is discontinued.

(c)

Businesses in rate class 6 that receive a minimum rate increase of 100 percent (based upon the per thousand percentage increase and not upon an increase due to the increase of gross receipts from the prior year) due to the implementation of this article, shall be assessed a phased-in rate as follows:

(1)

2007. There will be a 75 percent rate increase cap. The rate will be $50.00 for the first $2,000.00 and $1.65 for each additional $1,000.00.

(2)

2008. There will be a 125 percent rate increase cap. The rate will be $50.00 for the first $2,000.00 and $2.10 for each additional $1,000.00.

(3)

2009. The businesses will pay their fees based upon the rate table.

(Ord. No. 06-23, § 4, 10-9-2006; Ord. No. 07-15, § 1, 9-10-2007)