(a) The fee for the license required by Section 806.09, payable to the City at the time of the application, is two hundred fifty dollars ($250.00) for each business location for the year, or any part thereof, ending December 31 of each year. In addition, there is a fee of fifty dollars ($50.00) per game machine space. Such fees are not refundable in any case.
(b) Such licenses are not transferable to any person, and the business may be conducted only at the location for which the license is issued. The license must be so placed as to conspicuously visible.