A. Eligibility. An owner shall not be eligible to apply for a business and occupational license until actively engaged in business to include soliciting business or selling any goods or services for which a license is required.

B. License year. All BOLT licenses shall be renewed in accordance with section 4-1-5 of the code and renew on the 15th day of the month in which the license was issued.

C. While the persons listed under section 4-1-9 of the municipal code are exempt for purposes of taxation, they are required annually to attest to the exemption through the BOLT licensing and renewal process.