Each license required herein shall expire one year from the date of issuance by the City, unless renewed. Upon renewal, each license shall be valid for an additional year from the date of expiration, unless suspended, revoked, or closed. License fees shall be in accordance with LMC 3.20.010, the fee schedule, at least one copy of which shall be kept on file in the Office of the Lakewood City Clerk. [Ord. 548 § 2, 2012; Ord. 288 § 5, 2002; Ord. 245 § 4, 2000; Ord. 87 § 3, 1996; Ord. 79 § 3, 1996; Ord. 53 § 3, 1996.]