The City Council shall have the right to waive by motion the business license requirement imposed under this chapter whenever the City Council deems it in the public interest that the business license not be required. Any such motion must be passed by a majority of the members of the City Council present and voting on the waiver and the Council minutes shall reflect the motion and the number of Councilmembers voting in favor thereof. [Ord. 3394 § 1, 1999; Code 1970 § 5.04.030; Code 1954 § 3-1.32.]