Upon the exhibition to the City Clerk of a certified copy of the applicant’s license from the State Director of Alcoholic Beverage Control and the payment of the occupation taxes set forth in TMC 9.15.300, the City Clerk shall issue to the license holder a receipt showing that the occupation taxes as levied have been paid and that such payment shall be the payment in full for the term of the license as shown by the certified copy of the license as presented to the City Clerk. The receipt shall show the expiration date of the license and shall recite that the occupation taxes as levied by the City have been paid. Such receipt shall be prominently displayed at the licensee’s premises in the same manner as the State license is required to be displayed. (Code 1981 § 5-102. Code 1995 § 10-133.)