A deep water well permit may be revoked by the Village Board of Trustees after a hearing thereon. The permittee shall be given not less than seventy two (72) hours' notice prior to the revocation hearing. The permittee shall be afforded the opportunity at the hearing to present testimony and cross-examine any witnesses. The Village Board, subsequent to the hearing, may revoke a deep water well permit in the event that the Village Board finds that the deep water well system has not been operated in accordance with the requirements of this Chapter and/or the applicable Illinois Statutes.