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4. The licensed premises meets all the provisions of this Chapter as well as • all building and fire codes. 5. The applicant or spouse has not been convicted of any felony involving moral turpitude, prostitution, obscenity or other crime of a sexual nature or involving the use or distribution of a controlled substance as defined by Minnesota laws, or the use or distribution of a dangerous weapon. The fact that a conviction may be under appeal shall not affect the disqualification of the applicant. 6. All license and investigation fees required by this Chapter have been paid. B. For the purposes of this section the term "applicant" shall include an individual, all persons having a financial interest in a partnership or joint venture, and, in the case of a corporation (partnership/LLC/trust or other business entity which is not a natural person), all officers, directors and stockholders required to be named in the application. C. All police, fire and building code investigations shall be completed within twenty-one days after the date the completed application is filed with the City Clerk. Upon a showing of good cause and reasonable diligence on the part of an investigator, the City Council may extend the investigation period for a reasonable time. Any investigation not completed within the allotted time period shall be deemed to be waived. Subd. 7. License Fees A. The annual license fee to operate an Adult Establishment shall be determined by the City Council by resolution. B. In addition to the annual license fee, an investigation fee in an amount detemiined by the City Council by resolution shall be paid at the time of the initial license application. C. All appropriate fees shall be submitted along with the application for a new or renewal license. D. If an application is denied, the license fee, but not the investigation fee shall be refunded to the applicant. Subd. 8. Display of License. The license shall be displayed in a conspicuous public place in the Adult Establishment. Subd. 9. Renewal of License A. Every license issued pursuant to this chapter shall expire at 12:00 midnight on December 31 st of each year unless sooner revoked by the City Council, and must be renewed before operation is allowed in the following year. 329-10