An applicant may, at the applicant’s option, apply for either an annual license or a 90-day license. Unless sooner suspended or revoked:an annual license expires on the 1^st annual anniversary of its issuance; and a 90-day license expires on the 90^th day after its issuance. Before a license expires, the licensee periodically may renew the license for an additional 1-year or 90-day term, as the case may be, if the licensee:otherwise is entitled to a license; submits a renewal application to the Commissioner, on the form that the Commissioner provides; and pays the applicable fee. City Code, 1976/83, art. 11, §267(c)(2nd sen.) Ord. 99-548 Ord. 12-159