A. Personnel And Ownership Changes:
1. Any changes in partnership, officers, directors, managers, or persons holding directly or beneficially more than five percent (5%) of the stock or ownership interests of establishments licensed under this chapter shall be reported in writing to the local liquor control commissioner within ten (10) days of the change. All new personnel and/or stockholders shall meet all of the standards of this chapter and must otherwise qualify to hold a liquor license. All such changes in personnel or ownership shall be subject to review by the local liquor control commissioner within thirty (30) days of the change. In addition to any other license fees, the cost of any background investigation conducted by the village police department shall be borne by the new partner(s), officer(s), director(s), manager(s) or person(s) holding directly or beneficially more than five percent (5%) of the stock.
2. When a license has been issued to a partnership or limited liability company and a change of ownership occurs by one or more partners/members, then a new license application for a liquor license must be submitted pursuant to section 4-3-7 of this chapter, and the license application shall be accompanied by the appropriate license fee pursuant to section 4-3-12 of this chapter for that class of license for which the partnership is applying.
3. When a license has been issued to a partnership or limited liability company and any partner/member is or becomes ineligible to hold a liquor license, that license shall be terminated.
4. When a license has been issued to a corporation or limited liability company and a change takes place in officers, directors, managers, members or shareholders of more than five percent (5%) of the stock, resulting in the holding of office or shares of stock by one who is not eligible for a license, said license shall terminate.
5. When a license has been issued to a corporation and a transfer in stock ownership of fifty one percent (51%) or more occurs, or a transfer in stock ownership occurs resulting in a change in the ownership of the controlling interest in the corporation by one or more persons, then a new license application for a liquor license must be submitted pursuant to section 4-3-7 of this chapter, and the corporation shall pay the appropriate license fee for the class of license for which it is applying pursuant to section 4-3-12 of this chapter.
6. When a license has been issued to an individual who is no longer eligible for a license, said license shall terminate. (Ord. 2009-63, 11-19-2009)
7. Failure to comply with the provisions of this subsection shall subject the licensee to the suspension or revocation of its liquor license or fines and penalties not to exceed one thousand dollars ($1,000.00) per day per each violation. (Ord. 2009-63, 11-19-2009; amd. 2011 Code)
B. Location Change; Fee: Licenses issued pursuant to this chapter shall apply only to the premises described in the application and in the license issued thereon, and only one location shall be so described in each license. After a license has been granted for a particular premises, the local liquor control commissioner, upon proper showing, may endorse upon the license permission to abandon the premises therein described and move therefrom to another premises approved by him, but in order to obtain such approval, the licensee shall file with the local liquor control commissioner a request in writing and a statement under oath which shall show that the premises to which relocation is to be made complies in all respects with the requirements of this chapter. The fee for such transfer shall be one hundred dollars ($100.00), payable to the village collector upon application for change of location. (Ord. 2007-124, 12-6-2007)