If an existing licensee desires to change the location of the business, trade, or profession from the location designated on the business license, application must be made to the City Clerk prior to the change in location and the City Clerk shall, prior to the issuance of a new business license, submit the application therefor to the City Planner and the City Council for approval of the new location where the licensee is to carry on the business, trade, or profession, and the business license shall be issued only if the location is in compliance with building and fire codes of the City as those codes relate to existing and/or new structures. There shall be no additional business license fee assessed an existing business changing its location, and the new business license issued shall carry the same expiration date.