The Liquor License Holders Investigatory Board shall assist the City Council in discharging its powers, functions, and duties with respect to retail liquor licenses under the Nebraska Liquor Control Act, being Neb. RS 53-101 et seq. The Liquor License Holders Investigatory Board will educate new license holders, investigate alleged violations of the Nebraska Liquor Control Act, being Neb. RS 53-101 et seq. and violations of the municipal code, and any other matters the Police Chief believes in his or her discretion warrants investigation by the Board. The Liquor License Holders Investigatory Board shall also perform such other duties as may be requested by the City Council. This section shall not be construed to limit the powers of the City Council. The City Council may exercise any of its lawful powers under the Nebraska Liquor Control Act, being Neb. RS 53-101 et seq. at any time it deems appropriate without regard to whether the Liquor License Holders Investigatory Board has acted.