In the event that the Village Administrator believes that grounds exist for revocation of a license or franchise, he or she shall give the grantee written notice of the apparent violation or noncompliance, providing a short and concise statement of the nature and general facts of the violation or noncompliance, and providing the grantee a reasonable period of time, not exceeding 30 days, to furnish evidence:
(A) Corrective action has been, or is being actively and expeditiously pursued, to remedy the violation or noncompliance;
(B) Rebuts the alleged violation or noncompliance; and/or
(C) It would be in the public interest to impose some penalty or sanction less than revocation.
(1981 Code, § 18.7.25)