(A)   Each license issued hereunder shall terminate on April 30 following the issuance thereof, except Class A and B licenses, which shall be for limited periods as prescribed in § 111.26 of this chapter.
   (B)   At the expiration of each license period, the licensee shall submit a new application for each renewal period, which shall be processed in the same manner as an application for a new license, except that any background check will be discretionary with the Liquor Commissioner, and not required. If the application meets the standards of this chapter, the licensee shall be entitled to renewal of the license. The renewal privilege shall not be construed as a vested right which shall prevent the corporate authorities of the village from decreasing or limiting the number of classes of licenses to be issued pursuant to this chapter.
(Prior Code, § 110.009) (Ord. 93-014, passed 5-24-1993; Ord. 2008-016, passed 5-19-2008)