Upon receipt of each application, it shall be referred to the Chief of Police who shall investigate the business, personal and criminal history of the applicant.  The investigation shall include a Federal Bureau of Investigation (FBI) criminal history background investigation. If the applicant is a corporation or limited liability company, an FBI criminal history investigation shall be required for each manager, officer, director and shareholder owning in the aggregate more than five percent (5%) of the stock of the company or corporation.  If the applicant is a copartnership, an FBI criminal history investigation shall be required for each general partner or limited partner owning in the aggregate more than a five percent (5%) interest in the partnership. The applicant shall remit payment of the fee required by the City for the FBI investigation(s) and investigative report(s), which fee shall be set by Title 18 of the City's Municipal Code (same being the ordinance of the City which annually sets license and other fees and charges of the City) as from time to time in effect.  The applicant (and any other person for whom a background investigation is required) shall sign the required forms for the FBI investigation(s), and be fingerprinted on the required FBI fingerprint card at the time the applicant applies for the peddler's license.  No action will be taken on the application until the Police Chief has received the FBI report with regard to the criminal history investigation(s) pertaining to the applicant and each other person for whom a background investigation is required.  The application shall be denied in the event the FBI investigative report indicates the applicant or any other person for whom a background investigation is required has a criminal history which disqualifies the applicant from receiving the license.