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be notified in writing thirty (30) days before any adjustment is implemented. The billable transaction fee for modem transactions shall not exceed the billable transaction fee for manual transactions. (1) The initial billable transaction fee for modem transaction-shall be one dollar fifty cents($1.50) per transaction, regardless of the number of items in that transaction. (2) The initial billable transaction fee for manual transaction shall be two dollars fifty cents ($2.50) per transaction, regardless of the number of items in that transaction. (d) Billable transaction fees shall be billed monthly and are due and payable within thirty (30) days. Failure to pay in accordance with these terms is a violation of this article. (98-Or-059, § 1, 6-26-98) 321.270. Investigation fee. An applicant for a new license under this article, or for the renewal of an existing license that is more than six (6) months past due, or for a new manager as specified in section 321.90, subd. (b), shall reimburse the city for any extraordinary costs or investigative expenses involved in verifying the license application or assuring compliance with this ordinance. When the police license inspector or the inspectors designee determine an application may require extraordinary investigative expenses, the applicant will be noted and given the opportunity to withdraw the application. If the investigation process is conducted solely within the State of Minnesota, the fee shall not exceed five hundred dollars ($500.00). If the investigation is conducted outside the State of Minnesota, the issuing authority may recover the actual investigation costs not exceeding ten thousand dollars ($10,000.00). (98-Or-059, § 1, 6- 26-98) 321.280. Expiration. All licenses in this article shall expire annually every July 1 st. (98-Or-059, § 1, 6-26-98), 321.290. Application required. (a) Contents. Every applicant for a license defined in this article must submit a complete and accurate application on forms provided by the department of licenses and consumer services. All applicants, in addition to a general personal and criminal history, shall be required to submit adequate information to enable a fair determination of their eligibility to hold the license for which they are applying, including all of the following which are reasonably applicable: (1) Whether the applicant holds a current secondhand dealer, precious metal dealer, antique dealer or pawnbroker license from this or any other governmental unit. (2) Whether the applicant has previously been denied, or had revoked or suspended, a secondhand dealer, precious metal dealer, antique dealer or pawnbroker license from this or any other governmental unit. (3) The location of the business premises. (4) The location at which the applicant's business records are maintained. (5) If the applicant does not own the business premises, a true and complete copy of the executed lease, and the legal description of the premises to be licensed. (6) Whether all real estate and personal property taxes that are due and payable for the premises to be licensed have been paid, and if not paid, the years and amounts which are unpaid.