(A) No permit is transferable without approval of the Mobile Food Vendors Committee.
(B) No person holding a permit and/or license for a mobile food vehicle shall sell, lend, lease or in any manner transfer a mobile food vehicle permit and/or license for value.
(C) A permit and/or license holder may transfer a permit and/or license as part of the sale of a majority of the stock in a corporation holding such permit and/or license, as part of the sale of a majority of the membership interests of a limited liability company holding such permit and/or license, or as part of the sale of a business or substantially all of its assets; provided that there shall be no allocated or actual value for the transfer of the permit and/or license.
(1) Prior to any such transfer, the transferor shall notify the Mobile Food Vendors Committee in writing and the transferee shall submit a mobile food vehicle permit application for approval to the Mobile Food Vendors Committee.
(2) Any such transfer shall be subject to the terms and conditions of the original permit.
(D) Any unauthorized transfer or attempt to transfer a permit shall automatically void such permit. (Ord. 22-05, passed 6-13-2022) Penalty, see § 119.99