A licensee may transfer his or her license to a new owner or purchaser of the establishment upon the payment to the Village Clerk of a transfer fee of $50 after the proposed transferee has filed an application and been approved by the Village Council in the same manner as hereinabove required for a new licensee. The Village Clerk shall then endorse the existing license as having been properly transferred to the transferee.
(Ord. 126, passed 5-14-1997)