(A) Upon receipt of an application, the City Clerk shall notify the Chief of Police, who shall cause an investigation of the applicant's business responsibility or moral character to be made as the Chief of Police deems necessary to the protection of the public good. If, as a result of the investigation, the applicant's character and business responsibility are found to be unsatisfactory, the application shall be denied. If, as a result of the investigation, the character and business reputation appear to be satisfactory, the Chief of Police shall so certify in writing, and a license shall be issued by the City Clerk upon approval of the City Council.
(B) The City Clerk shall keep a full record in his office of all licenses issued. The record shall contain the number of the license, the date that it was issued, the nature of the business authorized to be carried on, the amount of the license fee paid, the expiration date of the license, the place where the business may be carried on under the license, and the name or names of the person or persons authorized to carry on the business.
(‘83 Code, § 112.04)