05-22-1996 Council Agenda - Laserfiche WebLink

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investment requirement has been satisfied. An applicant holding a leasehold interest in property may also use the fair market value of the property for real estate tax purposes as determined by the City Assessor in the year the license is first issued for determining whether the intial investment requirement has been satisfied. An applicant purchasing an existing licensed business and requesting a license transfer must establish that the fair market value of the business equals the amount of the initial investment required hereunder. The Council may provide for an independent appraisal at applicant's expense, as an aid in determining the investment or the value of said business. In the event this requirement as to investment is not complied with within one year from the date of issuance of the license, the license may be revoked or suspended. (2) Building Area. A restaurant building containing a minimum of 2,000 square feet used for seated dining purposes, including the bar area but excluding the area used for kitchen, storage, restroom facilities, waiting areas, and entrance and exit purposes. (3) Seating Capacity. A restaurant building having appropriate facilities and adequate staff to serve meals at tables and, for seating not less than 100 guests at one time for meals, including seating available for food service in the bar area but exluding seating in a lounge or waiting area. (4) Maximum Liquor Sales. The sale of intoxicating liquor, wine or nonintoxicating 3.2 percent malt beverages shall not exceed 60 percent of the restaurant's gross yearly sales. 703.040. WRITTEN APPLICATION. (1) Every application for a license to sell intoxicating liquor shall be made to the City Administrator on a form supplied by the City and containing such information as the City Administrator for the City Council shall require. Each application shall include, at a minimum, the name and place of residence of the applicant, the exact location of the place at which the applicant proposes to carry on the business of selling nenintoxicating malt liquor, and whether or not he or she has at any time previous to the date thereof been engaged in said business or in the business of selling food stuffs in the City, and if so, when and where. It shall be unlawful to make any false statement in an application. Every application for the issuance or renewal of a license shall include a copy of each Summons received by the applicant under Minnesota Statutes Section 340A.082 during the preceding years. (2) Temporary On -Sale License. Temporary On -Sale licenses shall be issued only to clubs or charitable religious, or other 703 -2 Page 65