Each new application or renewal shall be accompanied by an annual license fee in the amount of fifty dollars, one-half of which shall be refunded to the applicant if the license is denied. An additional fee equal to one percent of the monthly gross receipts over five thousand dollars derived by licensee from bingo games for the immediately preceding calendar month shall be paid to the City by licensee. Said additional fee shall be paid to the City monthly on or before the fifteenth day of each month and shall be submitted to the City License Collector together with the monthly report of receipts and expenditures required pursuant to Section 7.34.164 of this chapter. Each license shall expire one year from the date of issuance by the City. (Ord. 3761 § 2 (part); October 4, 1977: Ord. 4088 § 1; December 26, 1979.)