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M ALCOHOLIC BEVERAGES § 3-51 (4) That the licensee will pay to the extent of the principal amount of such bond, policy, or security, any damages for death or injury caused by or resulting from the violation of any provision of law relating thereto, and in such cases recovery under this paragraph (4) may be had from the surety on the bond or the policy. The amount specified in such bond or policy is declared to be a penalty. (Ord. No. 92, § 3(3), 11-15-65) Sec. 3-48. Granting of licenses. The city council may make, or cause to be made, such investigation as it deems appropriate of the claims set forth in the application. The council may also, if it deems it advisable, hold a public hearing relative to the issuance or refusal of any license under the provisions of this division. The granting of on sale and off sale liquor licenses shall be discretionary with the council. No off sale liquor license shall become effective until it, together with the bond furnished by the applicant, has been approved by the liquor control commissioner. (Ord. No. 92, § 5(1), 11-15-65) Sec. 3-50. Subject to law. Every license issued under the provisions of this division shall be granted subject to the provisions of this article and of any other applicable provision of this Code or ordinance of the city or state law. (Ord. No. 92, § 8(1), 11-15-65) Sec. 3-51. Information to state. The clerk-administrator shall, within ten (10) days after the issuance of any "on, sale" license under this division, submit to the liquor control commissioner the full name and address of each person granted a license, the trade name, the effective license date, and the date of egpiration of the license. He shall also submit to the liquor control commissioner any change of address, transfer, cancellation or revocation of any "on sale" or "off sale" license by the council during the license period. (Ord. No. 92, § 5(3), 11-15-65) 137