A. Upon receipt of a signed and completed application for a business license the City shall inform the applicant of the license fee that is due and inform the applicant of any information known to the City and not shown or different from the application that the City used in computation of the fee. The business license fee determined by the City shall be due and payable by the applicant no later than February 1st of the calendar year for which the license is issued or no later than 10 days after the date that the applicant first does business in that calendar year, whichever is later.

B. The City shall issue a written receipt for a business license fee that is paid in full. The receipt shall constitute a business license and shall be public notice that the person named thereon is licensed to do business in the City for the calendar year shown. A person who is required by this ordinance to have a business license shall cause the receipt to be prominently posted in a place available to the public at the principal location or office of the business for which the license is issued. [BC 7.01.045, amended by Ordinance No. 3833 § 6, 10/19/92]