(A) On an initial application for a license, on an application for transfer of a license and, in the sound discretion of the Council that it is in the public interest to do so, on an application for renewal of a license, the city shall conduct a background and financial investigation of the applicant or it may contract with the city for the investigation. Each individual or person having any beneficial interest in the license shall be investigated. He or she shall make necessary inquiry and list all violations of federal and state law or municipal ordinance including verified complaints pending that occurred at the establishment being investigated while under the same ownership. He or she shall verify the facts stated in the application. He or she shall report his or her findings and comments to the Mayor, who shall order or conduct an additional investigation, as he or she deems necessary or as the Council may direct.
(B) Every new applicant shall pay to the City Treasurer $40 per individual when more than one individual has a beneficial interest is the license whether a partnership, corporation or a group by whatever arrangement; the $40 per individual to pay for the cost of investigation of each additional individual having a beneficial interest in a retail liquor license regardless of how limited the nature and extent of the interest. In no event shall the investigation fee on one application exceed $80.
(Prior Code, § 1010.15)