After January 1, 1979, no person, firm or corporation shall engage in or carry on any business, occupation, act, or privilege for which a tax is imposed by IMC 5.32.030 without first having obtained, and being the holder of, a license to do so, to be known as a utility occupation license; provided, the City shall be exempt from such license requirement. The annual license fee for such license shall be $20.00. Each such person, firm, or corporation shall promptly apply to the City Clerk for such license upon such forms as the Clerk shall prepare and provide, giving such information as the Clerk shall deem reasonably necessary to enable him to administer and enforce this chapter; and, upon acceptance of such application by the Clerk, he shall thereupon issue such license to the applicant. Such occupation license shall be personal and nontransferable and shall be valid as long as the licensee shall continue in the business and shall comply with this chapter. (Ord. 1358 § 2, 1978).