85-24 AMENDING CITY CODE CHAPTER 49 - ALCOHOLIC LIQUOR

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, � , Chapter 49 Class G, under which the licensed premises may only be a restaurant in which the licensee has invested therein after the effective date of the ordinance establishing this class not less than $500 , 000 . 00 (which may include the capitalized value of a leasehold interest ) as reasonably determined by the local liquor control commissioner using generally recognized accounting practices , which said Class G license shall not be issued for any premises situated in any Residence , Office, Park Mobile Home or Neighborhood Shopping District established by the Zoning Ordinances . Class C , Class D and Class G licenses shall not be issued or reissued to replace a license of any other class established hereunder transferred either to another licensee or for other premises . If on April 24 , 1978 , premises were licensed under the then provisions of this Chapter, even though issuance of a Class A or Class C license would otherwise now be prohibited in the Zoning district into which said premises are classified, said premises so long as the same use thereof is continued shall be exempt from said prohibition. 5 . Application shall be made as required by this Code and shall be delivered by the City Clerk to the Local Liquor Control Commissioner for action . The application shall show the name , age and address of an individual applicant , and of the persons entitled to participate in the profits , if a partnership applicant , and the objects , the names and addresses of the officers and directors , if a corporate applicant , and whether or not one person owns a controlling interest in such corporation, and if so, the name and address of such person;