§ 70-80. License terms.

(a)

Calendar-year term.

(1)

All service and operator licenses issued under this article shall remain in effect for the calendar-year of issuance (i.e. for all licenses granted between January 1 and December 31 of a given calendar year, the license shall remain in effect until the close of business on December 31 of that same calendar year). No license shall extend from one calendar year to the next.

(2)

All completed renewal applications and applicable fees are due on or before November 15 of the year in which the license expires, and no licensee shall have any vested right to the renewal of any city license. Renewal applications made after November 15 shall be subject to a 20 percent penalty on the applicable license fee and one percent interest per month delinquent.

(3)

No license under this article may be renewed if the licensee could be denied a new license under this article.

(b)

Transfers.

(1)

Transfer of location. Any vehicle immobilization service licensed under this article that moves from one location to another location shall notify the department of the move and the new address in writing on a form provided by the department no later than the day of moving for the purposes of ensuring that all other code requirements have been met.

(2)

Transfer of ownership.

a.

The transfer of ownership of a business requiring a vehicle immobilization service license shall be considered in the same manner as the termination of the business and the establishment and application of a new business. In the event that the owner of a business requiring a service license desires to transfer the same, or in the event that any interest in the business for which the license was issued is sold or otherwise transferred, then the purchaser or transferee of such license or interest shall apply to the city as if for an original license on or before the date on which such sale or transfer is made.

b.

Notwithstanding the foregoing, in the case of a corporation, a new service license shall not be required as herein provided unless a change in stock ownership in the corporation results in ownership of more than 50 percent of the outstanding corporate stock, voting or otherwise, by persons or combinations of persons not owners of such stock at the time the license was issued. "Any interest" is defined as being an ownership of stock or control of 50 percent or more of the partnership or corporation.

c.

Notwithstanding the foregoing, one or more partners in a partnership holding a service license may withdraw in favor of one or more of the existing partners.

(3)

Service or operator licenses held by individuals are nontransferrable.

(Ord. No. 02-2010, § 1(Exh. A), 1-25-10)