(A) The City Clerk shall then refer the matter to the City Council for the city. Upon receipt of the application, the City Council, before acting upon it, may refer the same for investigation to any office or officers of the city, who shall report to the Council their finding within a reasonable time. If upon receiving the application, or if referred as above provided, upon receipt of the report, the City Council is satisfied that the business to be conducted by the applicant is not intended to cheat or defraud the public and the granting of the license will not be detrimental to the interest of the public nor in violation of any statute or ordinance of the city, the Council shall authorize the City Clerk to issue the license to the applicant.
(B) Before the license shall be issued the applicant shall deposit the sum of $500 with the City Treasurer and shall pay to the City Clerk a fee equal to $100 per month for the length of time for which the license is to be issued or if for a period of less than one month, then the fee shall be at a rate of $10 per day for the period of the license. A surety company bond in like amount may be deposited with the City Treasurer in lieu of a cash deposit.
(Ord. 239, passed 11-3-1955)