The annual fee for each licensee to locate, maintain or operate video gaming terminal(s) shall be one thousand dollars ($1,000.00) plus one thousand dollars ($1,000.00) for each video gaming terminal on the licensed premises. The total cost shall be shared equally between the terminal operator and the applicable licensed establishment in accordance with state law. The Village shall issue a decal or sticker for each licensed terminal to each establishment that obtains a license to locate, maintain or operate a video gaming terminal on its premises. This decal or sticker must be affixed by the applicant to the licensed video gaming terminal in a conspicuous place and must be kept on the device during all times the device is in use. No refunds or partial refunds of annual fees shall be given by the Village in the event the licensee ceases operating any or all video gaming terminals or in the event a video gaming terminal fails to operate. The new owner of a licensed video gaming establishment who has applied for an available six (6) month probationary video gaming terminal license shall not be required to pay the annual fees provided for in this Section 7-18-16 for the current year or balance of the current year provided such annual fees for the current year were fully paid by the prior owner.
(Ord. 5431, 9-3-19; Amd. Ord. 5691, 2-7-22)