A. Term Of License: No license, except Class G, shall be issued under this chapter for a period of less than one (1) calendar year unless the same is issued pursuant to application made subsequent to January 1 of any calendar year, in which event, the license shall be issued for the remaining period of the year, and no license shall be issued for a period of more than one (1) year. All licenses issued hereunder shall expire on December 31 of each year.
B. Fee Adjustments, Credits And Rebates: The fee for all licenses other than Class G, outing permits, shall be the full annual fee set forth herein in the case of all renewals of existing licenses and in the case of all new licenses applied for during the first quarter of any calendar year, three- fourths (3/4) of the annual fee set forth for new licenses applied for during the second quarter of any calendar year, one-half (1/2) of the annual fee set forth for new licenses applied for during the third quarter of any calendar year and one-fourth (1/4) of the annual fee set forth for new licenses applied for during the last quarter of any calendar year. In the event any licensee shall voluntarily surrender a liquor license prior to the expiration of its term, and a subsequent liquor license of any class shall be issued to any other person for the same premises during the same calendar year, the Village shall give a credit upon the required second license fee in the amount of one-fourth (1/4) of the annual fee paid by the former licensee if the first license is surrendered in the third quarter of such calendar year, one- half (1/2) of the annual fee paid by the former licensee if the first license is surrendered in the second quarter of the calendar year and three-fourths (3/4) of the annual fee paid by the former licensee if the first license is surrendered in the first quarter of the calendar year. There shall be no rebate of any license fees, and no credit shall be given in the event a first license for any given premises is revoked during any portion of any calendar year.
C. Payment Of Fees; Disposition: All license fees shall be paid to the Local Liquor Control Commissioner at the time the application is made and shall be forthwith turned over to the Village Treasurer. In the event the license applied for is denied, the fee shall be returned to the applicant. If the license is granted, then the fee shall be deposited in a general corporate fund or in such other fund as shall have been designated by the Village Board by proper action. (Ord. 09-1561, 11-24-2009, eff. 1-1-2010)