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(a) All license fees required to be paid under this division shall be paid annually in advance and each license shall expire one year from the date of issuance.

(b) License fees shall be established by the finance director in accordance with the provisions of section 2-587. (Code 1979, § 5-81; Ord. No. 2009-10, § 5, 2-23-2009; Ord. No. 97-43, § 27, 8-18-1997)