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703. INTOXICATING LIQUOR <br />703.010. LICENSE REQUIRED. It shall be unlawful for any <br />person, firm or corporation to keep or operate an on -sale or <br />off -sale of intoxicating liquor establishment within the limits of <br />the City without first having obtained a license to do so as <br />hereinafter provided. <br />703.020. TYPES OF LICENSES. There shall be four (4) types of <br />licenses issued for the sale of intoxicating liquor, namely: <br />(a) On -Sale restaurant licenses shall permit the licensee to <br />sell intoxicating liquor for consumption on the premises in <br />conjunction with the consumption of food. <br />(b) On -sale intoxicating liquor license shall permit the sale <br />of intoxicating or nonintoxicating liquor in conjunction with <br />dancing, singing, or vaudeville performances or entertainment for <br />its guests. <br />(c) Off -sale intoxicating liquor license shall permit the <br />licensee to sell intoxicating liquor in original packages for <br />consumption off the premises only. <br />(d) Temporary on -sale intoxicating liquor licenses shall <br />permit the licensee to sell intoxicating liquor for a specified <br />period pursuant to Section 703.110. f no more than thrcc (3) <br />conaccutivc dayo. <br />703.030. MINIMUM STANDARDS FOR "ON -SALE RESTAURANT" <br />INTOXICATING LIQUOR LICENSE. The following minimum requirements <br />must be satisfied prior to the issuance of an "0n -sale Restaurant" <br />intoxicating liquor license. <br />(1) Initial Investment. An applicant for an "on -sale <br />restaurant" license must initially invest or propose to invest in <br />the business a minimum of Seven Hundred Fifth Thousand Dollars <br />($750,000.00), excluding land costs but including all fees, site <br />development, utilities, furnishings, fixtures and construction <br />costs based upon 1990 construction costs. The required amount <br />shall be periodically adjusted upward or downward by amendment to <br />this section to reflect changes in construction costs as reflected <br />in commonly accepted construction costs indices. In the case of <br />multi - purpose buildings such as shopping centers, motels, hotels, <br />and the like, only that portion of the building directly <br />attributable to the preparation, handling, storing, consumption or <br />serving of food and liquor shall be considered in determining the <br />value of the investment. In the event that a license is proposed <br />for an existing structure, the fair market value for real estate <br />tax purposes, exclusive of land value, as determined by the City <br />Assessor in the year the license is first issued, may be used in <br />place of construction costs in determining whether the initial <br />703 -1 <br />Page 64 <br />