1. Upon receipt of a positive police report, and the appropriate fees, the City Clerk shall approve the application, if the applicant has fully complied with all of the requirements of this chapter, and the City Clerk shall thereupon issue a pawnbroker license to the applicant and forward a copy of such to the Chief of Police. The license shall expire on the last day of December next after the date of issuance. The license shall state the name and place of residence of the person licensed, the business to be transacted, the place where it is to be carried on, and the date of issuance and expiration of the license.
2. In the event that the City Clerk determines that the applicant for a new or renewal license has not fully complied with all of the requirements of this chapter, or that the police department returns a negative report, or that the applicant has falsified his/her application, then the City Clerk shall, after consultation with the legal department, advise the City Council of the basis for questioning the applicant's qualifications, and the procedures for notice and hearing, as set forth in this code shall apply.