No person shall engage in, conduct, manage or carry on the business of seller of firearms without a written permit from the Chief of Police. Initial application shall be accompanied by the payment of an investigation fee of two hundred fifty dollars for each permit applied for pursuant to the provisions of this chapter, and a fee of fifty dollars for each renewal thereof to the City Treasurer and the filing of proof of such payment to the Chief of Police. The permit shall be nontransferable and shall be valid for one year. If a permit is denied, suspended or revoked, the permittee shall have the rights of notice, hearing and appeal. Any person, who is exempt from the licensing requirements under the provisions of Penal Code Section 12070(b), may apply for and receive a permit under this chapter for an initial application fee of fifty dollars and for an annual renewal fee of twenty-five dollars. (Ord. 2751 § 2 (part), 1991: Ord. 2411 § 11, 1982: Ord. 2036 § 1 (part), 1975).