(A) Form. Every application for a license to sell intoxicating or 3.2% liquor shall state the name of the applicant, his or her age, representations as to his or her character, with such references as the council may require, the type of license applies for, the business in connection with which the proposed license will operate and its location, whether the applicant is owner and operator of the business at that place and such other information as the Council may require from time to time.
(B) Liability insurance. All licensees, including temporary licensees, shall be required to have in force a policy of insurance conforming to the requirements of M.S. § 340A.409, Subd. 1, the Liquor Act, as it may be amended from time to time. Exceptions to the insurance requirement as permitted under M.S. § 340A.409, Subd. 4, as it may be amended from time to time, shall not apply to licenses issued by the city.