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3.2. Each. application for a license shall be accompanied. by the minimum proof of financial responsibility required by Minnesota Statutes Section 340A.409 (subd. 1) and any .amendments thereto. or substitutes therefor that may from time to time .become effective. 3:3. The proof of financial responsibility offered under Subdivision. 2 shall be approved by the: City Council and in the case of applicants for off.sale licenses by the State Commissioner of Public Safety. Liability insurance policies shall be approved as to form by the City Attorney. The operation of such off.. -sate or. on -sale liquor business without having on file at all tunes with the inunicipality the proof of financial responsibility required. in.Siibdivision 2..shall be..grounds for immediate.revocadon of the. license. 'Section 4. License .Fees. 4.1. Each application for a license shall be. accompanied by a receipt From the .City T reasurer for payment in full of the required fee for the license.. Al l 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.. 4.2. 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 tie license year has elapsed t. when the application. is. made, a license inay be issued for the remainder of the: year for a pro rata fee. In computing such fee, an unexpired fraction of a month shall be counted as P p g y p one month. 4.1 (Repealed by Ordinance.94, adapted 2/10/2009). 4.4. No refund of any fee shall be permitted except as authorized udder Minnesota Statutes, Section 340A.40. Section. 5. Granting of Licenses. 5.1., The City Council shall investigate all facts set but 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 grantor refuse the application in its discretion. N o "off sale" license shall become effective until it, together with the proof of financial responsibility furnished by the. applicant, has been approved by the. State Commissioner of Public Safety. 51. An applicant seeking an "on -sale" .license shall pay an :investigation fee with. the required annual license fee. If investigation outside the State of Minnesota is.re.quired by the city council or the State Commissioner of Public Safety, the: applicant. shall pay the actual cost of the investigation, up to $19,00.a0, prior to any action to approve or deny tl;e.iicense.