919.16 ASSIGNMENTS OR TRANSFERS OF PERMIT.
   Ownership or working or ultimate control of this Permit may not be, directly or indirectly, transferred, assigned or disposed of by sale, lease, merger, consolidation or other act of the Permit Holder, by operation of law or otherwise, without consent of the City. Consent of the City shall not be required if ownership or control of the Permit is transferred to any entity controlling, controlled by or under common control with the Permit Holder; provided that:
   (a)   The City is notified of the proposed transfer on or before the date of transfer; and
   (b)   At the time of such notification, the Permit Holder and the transferee shall certify to the City that the transferee:
      (1)   Is licensed to do business in Ohio; and
      (2)   Shall comply with the conditions of the Permit including the insurance and Construction and Performance Bond requirements.
         (Ord. 133-01. Passed 12-3-01.)