No gameroom license shall be assignable or transferable. The addition or the substitution of a person financially interested in a license business shall be reported immediately to the City Recorder, who shall order an investigation by law enforcement. The change shall be approved or denied by the Council. Applications for change of financial ownership shall be accompanied by anonrefundable investigation fee in an amount that shall be determined by the City Council.
(Ord. 314, passed 4-11-1988)