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SEP.12.2002 3:27PM N0.097 P.6i15 b) Licenses issued to partnerships or associations Shall be valid only so long as there is no change in the partnership or association agreement or in the ownership of said partnership or association unless such change is approved by the Council,in which event said license shall continue in force until the end of the then current license year. c) Corporation,partnerships or associations shall submit written notice to the Clerk of any such changes deed herein on or before sixty(60) days prior to the effective date of any such change and pay a fee required for an amendment to the license. In the case of a corporation,the licensee shall submit written notice to the Clerk when a person not listed in the initial application will be acquiring an interest and shall give all information about said person as is required of a person pursuant to the provisions of this Section. Each license shall be issued only for the premises described in the application and shall not be transferable to a different location.No licensee shall loan,sell,give,or assign a license to another person SUED.9-EXPIRATION OF LICENSE All licenses shall expire as of midnight on December 31 st of the year of issuance. SUBD. 10-RENEWAL AP PLICATYON Applications for renewal of an existing license shall be made,to the City Clerk at least ninety (90)days prior to the expiration date of the license and shall be made on such forms as the City requires. The application shall state that the information in the prior application remains ttue and coact,except as otherwise indicated. Tl>e City will mail application forms to existing licensees approximately one hundred twenty(120) days prior to expiration of the licenses. If, in the judgment of the Council,good and sufficient cause is shown by any applicant for failure to file for a renewal within the time period provided,the Council may,if the other provisions of this Section are complied with, grant the application. SUM-11 -PERSONS YNELIGIBLE FOR A LICENSE No license under this Section shall be issued if the applicant,any general partner or managing partner of a partnership,or a manager,proprietor,or agent in charge of a corporation or other organization: a). Is a minor at the time the application is filed; b) Has been convicted of any crime directly related to the occupation licensed as prescribed by Minnesota Statute 364.03, Subd 2,and has not shown competent evidence of sufficient rehabilitation and present fitness to perform the duties of a pawnbroker as prescribed by Minnesota Statutes 364.03, Subd 3. c) Is not a citizen of the United States or a resident alien; d) Holds an intoxicating liquor license under Chapter MI of this Code;or e) In the judgment of the Council, is not the real party in interest or beneficial owner of the business operated, or to be operated,under the license. 5