(a) Each application shall be accompanied by:
- (1) A nonrefundable application fee in the amount of $5,000; and
- (2) An initial annual license fee of $5,000.
- (b) The license fee shall be refunded if the application is denied.
[L 2006, c 153, pt of §1; am L 2008, c 195, §6; am L 2013, c 167, §6]