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. 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. 3.07 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 determined by the City Council by resolution shall be paid at the time ofthe 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. 3.08 Display of License. The license shall be displayed in a conspicuous public place . in the Adult Establishment. 3.09 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. b. Applications for renewal must be submitted with the annual license fee to the City Clerk not later than sixty days before the license expires. c. Renewal of a license may be issued by the City Clerk unless the Clerk finds cause for not renewing the license in which case the Clerk shall submit the renewal application to the City Council prior to the expiration of the license. d. No license for which application for renewal has been timely made shall be deemed to expire until the City Council has rendered its decision not to renew a license. No application for renewal of a license may be denied by the City Council until after the applicant has received ten days' written notice of a public hearing before the Council. The applicant may appear with or without counsel at that public meeting and may present such evidence and witnesses, as he or she deems appropriate. .