(A) Any licensee may renew his or her license at the expiration thereof, provided the applicant is then qualified to receive a license and the premises for which the renewal license is sought are suitable for such purpose, and provided further that the renewal privilege herein provided shall not be construed as a vested right, which shall in any case, prevent the President and Board of Trustees from decreasing the number of licenses to be issued within the village.
(B) In case any license of Class A, B, C, D, E, F, K and L is revoked, surrendered, or not renewed, the maximum number of licenses in that particular class shall be reduced accordingly.
(Ord. 1096, passed 7-11-2018)