10/28/2002 Council Packet - Laserfiche WebLink

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minimum amount of One Hundred Thousand ($100,000.00) Dollars coverage for one person, and Three Hundred Thousand ($300,000.00) Dollars coverage for more than one person, which shall comply with provisions of Minnesota Statute Section 340.12 relating to the liability insurance policies. If a liability insurance policy is made subject to all the conditions of a bond under that Statute, the policy may be accepted by the council in lieu of the bond required under Subd. 2. Such liability insurance policies shall further provide that no cancellation of the same for any cause can be made either by the insured or the insurance company without first giving ten days notice to the city in writing. The operation of a licensed premises without having on file at all times with the city the required liability insurance policy shall be grounds for immediate revocation of license. by idinnceNQ 701.04 License Fees. Subdivision 1. Amounts. The annual fee for liquor licenses shall be as stated in the ''annual fee schedule adopted by the City Council. ordinance sed 6/1:4A emended by" (Proposei inane Subd. 2. Payment. Each application for a liquor license shall be accompanied by a receipt from the clerk treasurer ciiyi clerk for payment in full of the license fee and the fixed investigation fee required under 701.05, Subd. 1. All fees shall be paid into the general fund. If an application for a license is rejected, the clerk treasurer city clerk shall refund the amount paid as the license fee. ended by (Pro posed }. rdi nai ce N No Subd. 3. Term, Pro -Rata Fee. Each license shall be issued for a period of one year, except, that if the application is made during the license year, a license may be issued for the remainder of the year for a pro -rata fee with any unexpired fraction of a month being counted as one month. Every license shall expire on the last day of June. by state statute. Subd. 4. Refunds. No refund of any fee shall be made except as authorized 701.05 Granting of License. Subdivision 1. Preliminary Investigation. On an initial application for an On -Sale License, and on application for transfer of an existing On -Sale License, the applicant shall pay, with his application, an investigation fee of Onc Hundred Fifty ($150.00) Dollars for an individual, and Thrcc Hundred ($300.00) Dollars for a partnership r co oration, and as established City e P � by the Ci Council m- tie annual 'fee schedule; Tthe city shall conduct a preliminary background and financial investigation of