All these fees shall be paid to the Village Treasurer at the time application is made. Although the license is payable at the time of making application for license, the Local Commissioner may divide the annual license fee into two payments, each payable semiannually. In the event the license applied for is denied, the fee shall be returned to the applicant, except for the non-refundable fee set forth in § 111.11 of this chapter. If the license is granted, then the fee shall be deposited as set forth above, and no portion thereof shall be refunded, except as set forth in § 111.09 of this chapter.