§ 111.04 OPERATING AGREEMENT RENEWALS.
   The manager shall provide documentation to the city that not more than 40% of gross sales from the preceding 12 months’ operating agreement is derived from the sale of alcohol or alcoholic beverages. If this condition is met, and there are not any other problems with the operation of the manager, the city shall renew the operating agreement for an additional one-year term.
(Prior Code, § 111.04)