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<br />the bond company giving written notice thirty (30) days in advance of <br />tepnination to the AdlJ1ini~tratQr. <br /> <br />h. Each applicatioli shall be accOinpanied bya statenient ifidicatiIig the ainount <br />of investment the applicant has in the business, building, premises, fixtures, <br />furniture, $tock in trade, etc, and proof of S01.Jrce of such money. <br /> <br />If the applicant isailatural person, the application shall be signed andswotli to by <br />thepersoh; if a corporation, by an agent authorized to sign; if a partnership, by a <br />pattne!. <br /> <br />No person shall Dlake any materilll false statement.1n the applicatIOl.).. In addition <br />, " <br />to other penalties, the licensee's licensel11ay be, revoked by the Council for giving <br />false InfoflnatioIi on the application. <br /> <br />Subd. 3. Investigation Fee. An applicant for a license pursuant to tlus <br />Section shall deposit with the, City at the time an originalappHcationissubmitted,$1,500.00 to <br />cover the costs' Involved in verifying the license application and to coyer the expense of any <br />investigation needed to assure compliance with this Section. <br /> <br />If the investigation and veiification process is conducted solely within the State of Minnesota, <br />the fee shall be $500, 00; and the remainder ofthe deposit shall be returned to the applicant. If <br />the investigatioIl and verification p.rocess is condllctedoutsicle the State of Minnesota, the City <br />J.nay recover theacroal investigation costs notexceedJn.g $1,500.00. <br /> <br />,', ' Subd. 4. Expiration of License. All licenses shall expire one (1) year after <br />issuance unless earlier renewed. A new application fee shall be required whenever there is any <br />change in the facts presented by the application, other thaIldate~ a.pplicaut(s) home a.ddress or <br />bllilding owner(S) address, or in the case ofailY lice~lse not renewedp:riot to its'e:xpitation. <br /> <br />Subd. 5. <br /> <br />Persons and Locations Ineligible for a License <br /> <br />a- <br />I..' <br /> <br />No Hcel1.se ullc1er tms SectiOl~ shall be issued to an applicant who is a natural <br />person if 84O'h applicant: <br /> <br />LIsa minor at the time the application is filed; <br /> <br />2. Has been convicted of any critne directly related to the occupation <br />licensed as prescribed by Minnesota Statutes S364.03, Subd. 21 and <br />has not shown competent evidence of sufficient rehabilitation an.d <br />present fitnesS to perform the duties ora pawnbroker. as prescrihed by <br />:M1il11esota Statutes ~364.03; Subd. 3; <br /> <br />3. Is not a. citizen Qtthe United States Of a resident alien; <br /> <br />4. Is hot ofgood1i1oral chatacter or repute. <br />