(A) The City Council may enter into any agreement with an applicant for a Class “D” license for a hotel as defined in this chapter as is deemed by the City Council to be necessary and proper regardless of other limitations as to permitted number of licenses that may be issued, for the issuing of such a license, where such applicant has applied for a building permit, and has filed plans and specifications for the construction of the hotel by a licensed architect or licensed structural engineer and has shown evidence of an ability to proceed and complete the construction according to the permit plans within a two-year period from the date of issuance of the building permit. Any such agreement shall require of such applicant the posting of bond guaranteeing to complete within said two-year period the structure for which such Class “D” license is sought in compliance with the ordinances of the city and laws of the state.
(B) The City Council may enter into any agreement with an applicant for a Class “B” license authorizing the retail sale of alcoholic liquor as well as beer and ale in package form on supermarket premises as is deemed by the City Council to be necessary and proper, for the issuing of such a license.
(C) Such applicant shall establish proof of a signed lease.
(D) Any such agreement shall prohibit the sale of alcohol on the subject premises prior to an occupancy permit being granted by the city. The license issued pursuant to this section shall become invalid whenever a holder of such a license ceases to actually operate the business for which such license was issued or fails to commence doing business within two years of approval of said license.
('69 Code, § 3-34) (Ord. O-71-3, passed 4-12-71; Am. Ord. O-93-05, passed 1-25-93)