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Agenda Packets - 1994/08/01
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Agenda Packets - 1994/08/01
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Last modified
1/28/2025 4:49:17 PM
Creation date
7/2/2018 8:27:25 AM
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Template:
MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
8/1/1994
Supplemental fields
City Council Document Type
City Council Packets
Date
8/1/1994
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DINING AREA <br /> DONETELLES • $.02/sq. ft <br /> ROBERT'S • $.00/sq. ft <br /> MERMAID • $1.03/sq. ft <br /> TOTAL $1 .05/2 = $.53 is the average cost/sq. ft per establishment for selling liquor in <br /> primarily a dining area. <br /> These multipliers (average cost/sq. ft) were then used to calculate the new liquor license fees <br /> for each establishment. <br /> DONETELLES <br /> BAR AREA • $.65/sq. ft. x 891 sq. ft. = $579.15 <br /> DINING AREA • 5.53/sq. ft. x 4280 sq. ft. = $2268.40 <br /> NEW TOTAL FOR DONETELLES = $2,847.55/yr. <br /> OLD TOTAL FOR DONETELLES = $6,984/yr. <br /> ROBERT'S <br /> BAR AREA • $.65/sq. ft. x 7,262 sq. ft. = $4,720.30 <br /> NEW TOTAL FOR ROBERT'S = $4,720.30 <br /> OLD TOTAL FOR ROBERT'S = $8,639.70 <br /> MERMAID <br /> BAR AREA • $.65/sq. ft. x 18,292 sq. ft. = $11,889.80 <br /> DINING AREA • $.53/sq. ft. x 2243 sq. ft. = $1,211.22 <br /> NEW TOTAL FOR MERMAID = $13,101/yr. ($10,000 cap) <br /> OLD TOTAL FOR MERMAID = $10,000 cap <br /> Currently, there is a $10,000 maximum, which could be modified if the Council desires. The <br /> only establishment affected by this is the Mermaid. It has also been proposed that there be a <br /> minimum limit added. A $2,500 minimum would insure that the costs incurred by the City for <br /> allowing establishments to sell liquor are recovered if a smaller establishment would apply for <br /> and receive a liquor license. <br /> By changing the liquor license fee structure to the proposed formula, the City would experience <br /> a decrease in revenues. In 1993, the City collected $25,623.70 in liquor license fees from <br /> these three establishments. If the Council adopted this new liquor license fee structure, the City <br /> would collect $17,567.85, a difference of $8055.85. <br />
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