The City Council may suspend or revoke any intoxicating liquor or 3.2 percent malt liquor license for any violation of any State law regulating the sale of intoxicating liquor or 3.2 percent malt liquor. If the City Council determines that it will consider the revocation or suspension of a license issued pursuant to this Chapter, the City Council shall hold a public hearing in the same manner and upon the same conditions as held upon the application of a person for a license. The hearing shall be held no earlier than eight (8) days after written notice of the time and place of the hearing and the nature of the charges against the licensee have been served personally upon the licensee or his designated resident manager. Upon completion of the hearing, the City Council shall act upon such revocation or suspension in the same manner as on applications for licenses as set forth herein. (Ord. 171, 1-11-1982)