(A) The Chief of Police or his designee shall accept applications for, and may grant licenses permitting a person to sell at retail within the city pistols, revolvers, and other firearms capable of being concealed upon the person. If such a license is granted, it shall be effective for not more than one year from the date of issuance or such shorter period of time as the Chief or his designee may provide.
(B) An application fee for an initial license shall be required and, if said license is issued, any additional fee required by the Department of Justice shall also be paid. An application fee shall also be required for a renewal license, and payment of any additional fees required by the Department of Justice. The amounts of all fees required pursuant to this section shall be established by resolution, except those fees established by the Department of Justice. All fees shall be paid to the director of finance, and no application shall be accepted and no license issued before the applicable fee is paid in full. All fees shall be nonrefundable. The fees charged are deemed reasonable fees to defray the cost of investigation, administration and issuance of said licenses.