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4. Revocation or Suspension. Any license issued under this ordinance may be revoked or suspended as provided in the Violations and Penalties section of this ordinance. 5. Transfers. Ail licenses issued under this ordinance shall be valid only on the premises for which the license was issued and only for the person to whom the license was issued. No transfer of any license to another location or person shall be valid without the prior approval of the City Council. 6. Moveable Place of Business. No license shall be issued to a moveable place of business. Only fixed location businesses shall be eligible to be licensed under this ordinance. 7. Display. Ail licenses shall be posted and displayed in plain view of the general public on the licensed premise. 8. Renewals. The renewal of a license issued under this section shall be handled in the same manner as the original application. The issuance of a license issued under this ordinance shall be considered a privilege and not an absolute right of the applicant and shall not entitle the holder to an automatic renewal of the license. 708.06 - FEES. No license shall be issued under this ordinance until the appropriate license fee shall be paid in full. The fee for a license under this ordinance shall be established according to the schedule of fees and amended from time to time by resolution of the City Council. The schedule of fees, as amended from time to time, is hereby adopted by reference and incorporated into this ordinance. For licenses issued and which are to become effective other than on the first day of the licensing year, the fee to be paid with the application shall be a pro rata share of the annual license fee. 708.08 - BASIS FOR DENIAL OF LICENSE. The following shall be grounds for denying the issuance or renewal of a license under this ordinance; however, except as may otherwise be provided by law, the existence of any particular ground for denial- does not mean that the city must deny the license. If a license is mistakenly issued or renewed to a person, it shall be revoked upon the discovery that the person was ineligible for the license under this section. 1. The applicant is under the age of 18 years. 2. The applicant has been convicted within the past five years of any violation of a Federal, State or local law, ordinance provision, or other regulation relating to tobacco or tobacco products, or tobacco related devices.