Maintain his principal residence in the City of North
Wildwood and have so maintained such residence for at least 12 months
prior to the application. "Principal residence" shall mean that residence
at which one actually physically resides at least 50% of the time
in each year. In addition, one claiming his or her principal residence
in the City of North Wildwood must continually during the last two
years preceding the issuance of his license have been registered to
vote in the City of North Wildwood and used his North Wildwood residence
address on his driver's license and federal income tax return. A full-time
student who qualifies for a license except that while being away at
school he cannot fulfill the physical residence requirement shall
nevertheless qualify as a licensee during such schooling, as long
as he maintains a residence within the City of North Wildwood to which
he intends to return and does return when school is not in session.