No more than 3 premises permits may be issued and outstanding at any time. Premises permits may not be approved or renewed for organizations which do not expend 50% or more of their expenditures for lawful purposes on lawful purposes conducted or located within Stacy's trade area. Stacy's trade area shall be defined as the City of Stacy and the Town of Lent.
(Ord. 98, passed 9-10-1991)