City Council Ordinance 94ORDINANCE AMENDMENT
The City Council of Monticello hereby ordains that Ordinance Section 3-2-7,
pertaining to places ineligible for liquor licesnes, be amended as follows:
3-2-7: PLACES INELIGIBLE FOR LICENSE: No on sale license shall be
granted except after a public hearing has been ehld upon at
least ten (10) days published notice of such hearing. The cost of
said public hearing shall be borne by the applicant. No on sale license
shall be granted to any person who does not have invested or does not
propose to invest in the fixtures and structure of the proposed on -sale
establishment, exclusive of land, an amount of at least two hundred thousand
dollars ($200,000.00). The Council may provide for an independent
appraisal at applicant's expense as an aid in determining the value of said
premises. In the event this requirement as to investment is not complied
with within one year from the date of issuance of the license, the license
may be revoked.
Passed by the City Council this
9th day of March, 1981.
Mayor '
ATTEST•
Ci y Admi r
trator