(A) Each permit issued pursuant to the provisions of this section is separate and distinct and shall not be transferable from the operating permit holder to another person or entity without prior approval of the City Council. Neither the City Manager, nor his or her designee, will recommend any transfer in conflict with any restrictions placed by the Council, as provided by § 116.021.
(B) Where the permit holder is a corporation, partnership or other legal entity other than a natural person, transfer of the majority of the ownership interest shall result in the automatic revocation of any operating permit previously granted to the operating permit holder, unless the prospective owners of the new entity obtain prior approval from the City Council or designee for the transfer of operating permits to the new entity.
(C) Whenever an application for a transfer of permit is made, the City Council or designee , shall require the information as required for the original issuance of the operating permit, as set forth in § 116.023.
(D) Upon approval by the City Council or designee of a transfer of an operating permit, the city, within 30 days of the approval, shall issue a new operating permit; provided that, the applicant for the transfer has complied with all provisions of this action.
(Prior Code, § 17-28) (Ord. passed 5-26-1992)