§ 4-8.20. License renewal.
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a.
Any junkyard license for a new license term, which is issued to replace a license which expired on the last day of the license term which immediately preceded the commencement of the new license term or which is issued to replace a license which expired on the last day of the license term shall be deemed to be a renewal of the expired or expiring license; provided that the license is for the same owner as the expired or expiring license, covers the same junkyard and is issued to the holder of the expired or expiring license and is issued pursuant to an application therefor which shall have been filed with the Department of Community Development prior to the commencement of the new license term. Excepting person-to-person transfers of a junkyard license any junkyard licenses issued otherwise than above herein provided shall be deemed to be new licenses.
b.Nothing in this section shall prohibit the person-to-person transfer at the location for which it was issued, of licenses granted by the Municipality under this section from person to person, corporation to corporation, person to corporation or corporation to person. Persons or corporations that are licensees under this section shall have a property right in such licenses and may assign, sell or transfer such licenses, and the right to such license shall be inheritable and transferable to the heirs, executors or administrators of such licensees, subject to the provisions of this section.
c.In the event any licensee discontinues operation for 120 days for any reason including death, the license shall lapse and not be transferable.