Except as provided in paragraph (b) below, licenses under this Article shall be issued on a quarterly basis and the licensee shall pay a minimum quarterly fee of $500 at the time the license is applied for and before it is issued and thereafter, and in addition thereto, a fee based on gross sales, which shall be at the rate of 10 percent of the gross receipts in excess of $5,000 from sales made during the quarter.
During the suspension period, as defined in paragraph (c) of Section 258 of this Article, the licensee shall pay a flat quarterly fee of $150 at the time the license is applied for and, thereafter, shall not be required to pay the fee based on gross sales described in paragraph (a) above.
(Added by Ord. 226-61, App. 8/7/61; amended by Ord. 97-00, File No. 000435, App. 5/26/2000)