A. Grantee will promptly notify the City of any proposed transfer. If any transfer should take place without prior notice to the City, the grantee will promptly notify the City that such a transfer has occurred.
B. At least one hundred twenty (120) calendar days before the contemplated effective date of a transfer, the grantee will submit to the City an application for approving the transfer. Such application will provide complete information on the proposed transaction, including details on the legal, financial, technical, and other qualifications of the transferee.
(Ord. No. 2001-014 § 2)