§ 5.88.150   Transfer of permit.
   (A)   A permittee shall not operate sexually oriented business under the authority of a permit at any place other than the address designated in the application for permit.
   (B)   A permittee shall not transfer his or her permit to another person unless and until such other person satisfied the following requirements:
      (1)   Obtains an amendment to the permit from the city or its designee, which provides that he or she is now the permittee, which amendment may be obtained only if he or she has completed and properly filed an application with the city or its designee, setting for the information called for under § 5.88.060 of this chapter in the application; and
      (2)   Pays a transfer fee of 50% of the annual permit fee set by this chapter.
   (C)   No permit may be transferred during the pendency of administrative procedures following notice by the city or its designee to the permittee that suspension or revocation proceedings have been or will be brought against the permittee, until the proceedings have been completed, withdrawn or otherwise canceled.
   (D)   Permittee shall not transfer a permit whether directly, or indirectly in violation of this section is hereby declared void, and the permit shall be considered abandoned and shall automatically revert to the city.
(1995 Code, § 5.88.160)