(A) The City Council, in reviewing an application for a license provided for herein, shall have the power to issue the license with conditions, or to deny the application; provided, the City Council shall state the reasons therefor on the record and the reasons shall become a part of the minutes of the meeting. A refusal to grant a license, or to grant a license with conditions, shall be based on considerations affecting the general health, safety and welfare.
(B) Factors which may be considered by the City Council in reviewing an application shall include but shall not necessarily be limited to the following:
(1) Traffic problems, if any, which may be created;
(2) Number of persons expected to attend;
(3) Availability of police and fire protection, including considerations of crowd control;
(4) Parking considerations; and
(5) Objections, if any, of nearby property owners.