Each license issued hereunder shall terminate on December 31 following the issuance thereof. Any licensee may renew such license at the expiration thereof, provided that it is then qualified to receive a license and the premises for which such renewal license is sought are suitable for such purpose; provided further that the renewal privilege herein provided for shall not be construed as a vested right which shall in any case prevent the Village Board from decreasing or limiting the number of classes of licenses to be issued within the village.
(Ord. 14-02, passed 2-18-2014)