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(3) days. <br />(3) Off -Sale License. An off -sale license may only be <br />granted to an exclusive liquor store. <br />(4) On -Sale Intoxicating Liquor License. Each license <br />shall state whether or not the applicant proposes to afford the <br />privilege of dancing to his or her guests or whether vaudeville <br />entertainment will be afforded or whether both will be provided. <br />In case the applicant proposes to afford the public the <br />privilege of dancing, the application shall set forth the amount <br />of floor space available which the applicant proposes to <br />maintain for dancing purposes. <br />(5) On -Sale Restaurant Intoxicating Liquor License. Each <br />application and "On -Sale Restaurant" intoxicating liquor license <br />shall include sufficient evidence to confirm that the applicant <br />has satisfied the requirements of Section 703.030 of this <br />Chapter. <br />(6) Proof of Financial Responsibility. Prior to the <br />issuance of an intoxicating liquor license, the applicant shall <br />demonstrate proof of financial responsibility as defined in <br />Minnesota Statutes §340A.409, Subdivision 1, with reference to <br />liability under Minnesota Statutes §340A.801. The applip�ant <br />shall demonstrate that such proof has been filed with tf"e <br />Commissioner of Public Safety where required under Minnesota <br />Statutes §340A.409. Proof of financial responsibility shall be <br />required prior to the issuance of any intoxicating liquor <br />license, including temporary on -sale licenses, regardless of the <br />provisions of Minnesota Statutes §340A.409, Subdivision 4. Any <br />liability insurance policy filed as proof of financial <br />responsibility under this subdivision shall conform to the <br />requirements of Minnesota Statutes §340A.409. An annual <br />aggregate policy limit for dram shop insurance of not less than <br />$300,000.00 per policy year shall be included in the policy <br />provisions. <br />(7) Approval of Security. Liability insurance policies <br />required by this Chapter shall be approved as to form by the <br />City Attorney. Operation of a business licensed by this <br />ordinance without having on file with the State Insurance <br />Commissioner or the City at all times effective security as <br />required in Subdivision 2 is cause for immediate revocation or <br />suspension of the license. <br />(8) Special Event on City Property: A liability insurance <br />policy for a special event to be held on City property shall <br />name the City as an additional insured. <br />Page 22 <br />