(A) No license, as provided in this subchapter, shall be issued to:
(1) A person who is not a resident of the Village;
(2) A person who is not of good character and reputation in the community in which he or she resides;
(3) A person who is not a resident of the United States;
(4) A person who has been convicted of a felony under the laws of the state;
(5) A person who has been convicted of pandering or crime or misdemeanor opposed to decency and morality;
(6) A person whose license under this subchapter has been revoked for cause;
(7) A co-partnership, unless all of the members of such co-partnership shall be qualified to obtain a license;
(8) A corporation, if any officer, manager or director thereof, or any stockholder or stockholders holding in the aggregate more than 5% of the stock of such corporation, would not be eligible to receive a license hereunder for any reason other than citizenship and residence within the village.
(9) A person whose place of business is conducted by a manager or agent unless the manager or agent possess the same qualifications required of the licensee;
(10) A person or business who cannot present a CPA prepared, audited or reviewed financial statement showing at least $100,000 net worth with $50,000 in liquid assets;
(11) A person who does not have a strong financial background;
(12) A person that has a poor credit rating history;
(13) A person who has been convicted of any crime involving dishonesty.
(B) The Comptroller shall conduct an investigation of each applicant to determine financial responsibility, business experience, character and general fitness of the applicant. The Comptroller may request any additional documentation or information needed to conduct a thorough investigation.
(Ord. 02-23, passed 6-19-02)