(A) Investigation and issuance. The City Council shall consider all facts set out in the application and the report of the Chief of Police. Opportunity shall be given to any person to be heard for or against the granting of the license. After the consideration and hearing, the Council shall, in its discretion, grant or refuse the application. No “off-sale” license shall become effective until it, together with the security furnished by the applicant, has been approved by the Liquor Control Director.
(B) Person and premises licenses; transfer. Each license shall be issued only to the applicant and only for the premises described in the application. No license may be transferred to another person or place without City Council approval. Any transfer of a majority of the stock of a corporate license is deemed a transfer of the license, and a transfer of stock without prior Council approval is a ground for revocation of the license.
(C) New premises. Where an applicant has applied for a license for premises whereon a new structure is to be erected, or an existing structure is to be substantially reconstructed, the license may be granted by the Council but issued to the applicant only after applicant furnishes to the Council a certificate of occupancy issued to the applicant by the Building Official.
(1992 Code, § 811:25)