3-3-8: NO ISSUANCE TO CITY DEBTOR:
No local liquor license shall be authorized for issuance and no initial local liquor license or renewal local liquor license shall be issued if the applicant, or any sole proprietor, partner, copartner, member, officer, manager, director, or any stockholder or stockholders owning in the aggregate more than five percent (5%) of the stock thereof (either individually or in the foregoing capacities) is a debtor to the city for any reason whatsoever, regardless of whether the debt has been discharged such that the city can no longer collect such debt in any legal proceeding and regardless of the capacity in which such debt is owed including:
   A.   Individually/personally; or
   B.   In the capacity as a sole proprietor, partner, copartner, member, officer, manager, director, or any stockholder or stockholders owning in the aggregate more than five percent (5%) of the stock of any other legal entity, other than the applicant, that is a debtor to the city for any reason whatsoever, and regardless of whether the debt has been discharged such that the city can no longer collect such debt in any legal proceeding. (Ord. 13-16, 4-1-2013)