Upon application being filed as provided in § 113.20 of this chapter with the Village Clerk, and upon payment of all bonds, criminal history record check fees and the applicable license fee, the Local Liquor Control Commission may issue a retail liquor dealer’s license to the purchaser of an established licensed business. Such application must be for exactly the same class of license as that held by the seller and such application shall be only for the same location as the previously licensed business. The applicant shall attach to such application a statement containing the facts in respect to his or her purchase of such business. Such application shall be approved or denied as in the case of applications for original licenses and, if approved, a retail liquor dealer’s license shall be issued to such purchaser. No credit for any unused portion of the previous license, or rebate for any unused portion of any license, shall be given. No retail liquor dealer’s license shall be issued to the purchaser of such business until the seller of such business has surrendered his or her license to the Village Clerk for cancellation.
(Ord. 06-101, passed 4-17-2006)