3-12-5-1: REDUCTION OF LICENSES:
Whenever a license previously issued under the provisions of this chapter is revoked, surrendered, or terminated by dormancy as herein provided, the maximum number of local liquor licenses in that license class shall automatically and immediately be reduced by one (1). Thereafter, the number of reduced local liquor licenses for that class shall not thereafter be increased without approval by a majority vote of the President and Board of Trustees. (Ord. 19-0-28, 11-11-2019)