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2 Section 5. Application for License. 1. Every application for a license to sell liquor shall be verified and filed with the City Clerk. It shall state the name of the applicant, his age, representations as to his character, with such references as may be required, his citizenship, whether the application is for "On-Sales", “Special Sunday On-Sale(s)”, or "Off-Sale(s)", the business in connection with which the proposed license will operate and its location and type of building, whether the applicant is owner and operator of the business, how long he has been in that business at that place, and such other information as the council may require from time to time. In addition to containing such information, each application for a license shall be in the form prescribed by the City Clerk of the City of Gem Lake. No person shall make a false statement in an application. 2. Each application for a license shall be accompanied by the minimum proof of financial responsibility consistent with those required by Minnesota Statutes Section 340A.409 (subd. 1) and any amendments thereto or substitutes therefor that may from time to time become effective covering intoxicating liquor sales. 3. The proof of financial responsibility offered under Subdivision 2 shall be approved by the City Council. Liability insurance policies shall be approved as to form by the City Attorney. The operation of such “Off - Sale(s)” or “On-Sale(s)” non-intoxicating liquor business without having on file at all times with the municipality the proof of financial responsibility required in Subdivision 2 shall be grounds for immediate revocation of the license. Section 6. License Fees. 1. Each application for a license shall be accompanied by a receipt from the City Treasurer for payment in full of the required fee for the license. All fees shall be paid into the general fund of the municipality. Upon rejection of any application for a license, the treasurer shall refund the amount paid. 2. All licenses shall expire on the last day of December of each year. Each license shall be issued for a period of one year except that if a portion of the license year has elapsed when the initial application is made, a license may be issued for the remainder of the year. However, the fee shall be annual only and shall not be pro-rated. 3. No refund of any fee shall be permitted except as authorized by the City Council. Section 7. Granting of Licenses. 1. The City Council shall investigate all facts set out in the application. Opportunity shall be given to any person to be heard for or against the granting of the license. After such investigation and hearing, the City Council shall grant or refuse the application in its discretion. No non-intoxicating liquor license shall become effective until it, together with the proof of financial responsibility furnished by the applicant, has been approved by the City Council. 2. Each license shall be issued to the applicant only. Each license shall be issued only for the premises described in the application. No license may be transferred to another person or to another place without the approval of the City Council. Section 8. Persons Ineligible for License. 1. No license shall be granted to or held by any person made ineligible for such a license in accordance with procedures set forth by state law for intoxicating liquor licenses. Section 9. Places Ineligible for License. 1. No license shall be issued for any place or for any business ineligible for such a license under guidelines established by the City Council. 2. No license shall be issued to any business until it has been in operation continuously for six (6) months. 3. No license shall be granted for operation on any premises on which taxes, assessments or other financial