Any licensee may renew his or her license upon its expiration, provided he or she is then qualified to receive a license and the premises for which the renewal license is sought are suitable for that purpose.  The renewal privilege herein provided for shall be construed as a vested right which in any case prevent the Mayor from decreasing the number of licenses to be issued within the village.
(Ord. 1990-13, passed - -1990; Am. Ord. 1991-01, passed 4-9-1991)