874.08 FEES.
   (a)   Every application for a new medical marijuana dispensary license shall be accompanied by a three hundred fifty dollar ($350.00) non-refundable application and investigation fee.
   (b)   Every application for renewal of a medical marijuana dispensary license shall be accompanied by a two hundred fifty dollar ($250.00) non-refundable application and investigation fee.
   (c)   In addition to the application and investigation fee required in division (a) or (b) of this section, every applicant that is granted a medical marijuana dispensary license (new or renewal) shall pay to the City an annual, non-refundable, non-prorated license fee in the amount of twenty-five thousand dollars ($25,000) within 30 days of license issuance or renewal, plus an amount equaling 2% of the licensee's gross annual sales above the amount of one million two hundred fifty thousand dollars ($1,250,000), which the licensee shall calculate at the expiration of the license or renewal term using sales figures from the licensee's state-mandated reporting forms, and which the licensee shall pay to the City within 60 days of the expiration of any term (new or renewal) of the license. The licensee shall give the Director or his or her designee(s) an opportunity to review the data and basis upon which the licensee has calculated fees due under this section.
(Ord. 2017-49. Passed 1-2-2018.)