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also be preceded by ten(10) days mailed notice to all owners of property located within five hundred(500) feet of the boundaries of the property where the business is to be conducted. At the hearing, opportunity shall be given to any person to be heard for or against the granting of the license. Additional hearings on the application may be held if the City Council deems additional hearings necessary. After the hearing or hearings on the application,the City Council may, in its discretion, grant or deny the application within thirty (30)days after the close of the hearing.. B. If an application is granted for a location where a building is under construction or not ready for occupancy,the license shall not be delivered to the licensee until a certificate of occupancy has been issued for the licensed premises. 566.08. Renewal Application. A. All licenses issued under this Chapter shall be effective from the date of approval by the City Council. All licenses expire December 31 Sc of each year. An application for the renewal of an existing license shall be made prior to the expiration date of the license and shall be made in such form as the issuing authority requires. If, in the judgment of the City Council, good and sufficient cause is shown by the applicant for the applicant's failure to submit a renewal application before the expiration of the existing license,the City Council may, if the other provisions of this Section are complied with, grant the renewal application. B. A license under this Section may not be renewed: (1) if the City Council determines that the licensee has failed to comply with the provisions of this Section in preceding license years; (2) if the licensee or, if the licensee does not manage the establishment,the manager of the licensed premises is not a resident of Minnesota on the date the renewal takes effect; (3) if in the case of a partnership,the managing partner or other person who manages the establishment is not a resident of Minnesota on the date the renewal takes effect; (4) if in the case of a corporation, or other organization,the manager, a proprietor, or agent in charge of the establishment is not a resident of Minnesota on the date the renewal takes effect; (5) the time for establishing residence in Minnesota may for good cause be extended by the City Council. 566.09. Fees. A. Investigation Fee. An applicant for any license under this Chapter shall pay the City in advance at the time an original application is submitted, a nonrefundable investigation fee to cover the costs involved in verifying the license application and to cover the expense of any 7