Any licensee may apply for renewal of his license at the expiration thereof; provided, that such licensee has complied with all provisions of this chapter during the previous year, such licensee continues to meet the qualifications under this chapter to receive a license, and the premises for which such renewal license is sought are suitable for the continued use for the purposes hereunder; provided further, that the privilege of renewal herein permitted shall not be construed as a vested right which shall in any case prevent the village president and its board of trustees from decreasing the number of licenses to be issued hereunder for any subsequent license year. (Ord. 99-2077, 2-22-1999)