(A) Every licensee under this subchapter shall keep and maintain on the licensed premises adequate records and books of transactions of all sales in the same manner as required by the Rules and Regulations of the state’s ABC Board. Such books and records shall be available at all reasonable times for inspection by the ABC Administrator and any such city employees who may assist the ABC Administrator in his or her review.
(B) Applicants to whom a license is issued authorizing the sale of alcoholic beverages pursuant to this subchapter shall provide periodic information demonstrating compliance with the continuing requirement that 70% of the applicant’s gross income is earned from the sale of food. Such information shall be provided on or before March 31 and on or before September 30 of each year, and shall consist of a certificate from a certified public accountant familiar with the applicant’s pertinent business records, which shall state: “I have conducted a limited scope audit according to accepted accounting principles of the pertinent records of, licensee under City of West Point Ordinance No. and certify that the licensee earned at least 70% of its gross receipts from the sale of food during the half year ending (March 1 or September 1).”
(C) The certificate shall contain a brief description of the methodology used in the determination of the certified percentage.
(Ord. 2011-06, passed 9-12-2011)