05-11-11 Council Agenda - Laserfiche WebLink

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loss of means of support of any one person in any one occurrence, and $100,000 for loss of means of support of two or more persons in any one occurrence; or (b) a bond of a surety company with minimum coverages as provided in paragraph (a); or (e) a certificate of the state treasurer that the licensee has deposited with the state treasurer $100,000 in cash or securities which may legally be purchased by savings banks or for trust funds having a market value of $100,000. (7) Approval of Security. Liability insurance policies required by this Chapter shall be approved as to form by the City Attorney. Operation of a business Licensed by this ordinance without having on file with the State Insurance Commissioner or the City at all times effective security as required in Subdivision 2 is cause for immediate revocation or suspension of the license. (8) Special Event on City Property: A liability insurance policy for a special event to be held on City property shall name the City as an additional insured. 703.050. LICENSE FEES. (I) Each application for a license shall be accompanied by a receipt for payment in full of the required fee for the license. All fees shall be paid into the general fund of the City. Upon rejection of any application for a license, the City shall refund the amount paid. (2) Every license, except a temporary license, shall run for a period of one (I) year from July 1 of each year. A temporary on -sale license shall run for a specified period pursuant to Section 703.110. If a portion of the license year has elapsed when the license is granted, the license shall be issued for the remainder of the year for a pro rata fee. In computing such a fee, any unexpired fraction of a month shall be counted as one (I) month. (3) The license fees for an on -sale restaurant intoxicating liquor license, on -sale intoxicating liquor license, off -sale license, temporary on -sale License, Sunday liquor license, and an on -sale 2:00 a.m. intoxicating liquor license, shall be as set forth by City Council resolution. 703.060. INSPECTION OF PREMISES. The Council shall direct such investigation of said application as it may deem necessary, and each application shall require written consent permitting the representatives of any City Department to inspect and examine the place of business described in the application together with all the appliances and instruments used or to be used in the transaction of the business for which a license is sought, and upon receipt of such report the Council shall thereafter consider the application to grant or deny the same. 703.070. INVESTIGATION FEE. A non - refundable investigation fee of Five Hundred Dollars ($500.00) shall be submitted with each initial application for an on -sale intoxicating liquor 703 -4 16