(A) Investigation and issuance. The City Council shall investigate all facts set out in the application. Opportunity shall be given to any person to be heard for or against the granting of the license. After the investigation and hearing, the City Council may grant or refuse the application. No wine license shall become effective until the license and the security furnished by the applicant have been approved by the State Commissioner of Public Safety.
(B) Person and premises license; transfer. Each license shall be issued for the applicant only and shall not be transferrable to another holder. Each license shall be issued only for the premises described in the application. No license may be transferred to another place without approval of the City Council. Any transfer of the stock of a corporate licensee is deemed a transfer of the license and a transfer of stock without prior City Council approval is grounds for revocation of the license.
(Ord. 122, passed 3-23-99)