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City of Arden Hills Chapter 5 Alcoholic Beverages <br />B. Non-payment of premium unless the cancelling party has first <br />given ten (10) days notice in writing to the City of its intent to <br />cancel the policy. <br />Subd. 3 Exemptions. The insurance requirements provided herein do not apply to <br />licensees who by affidavit established: <br />A. They are an On -Sale 3.2% Malt Liquor Licensee with sales of <br />less than $25,000 of 3.2% malt liquor for the preceding year; <br />B. They are Off -Sale 3.2% Malt Liquor Licensees with sales of less <br />than $50,000 of 3.2% malt liquor for the preceding year; or <br />C. They are holders of On -Sale Wine Licenses with sales of less <br />than $25,000 of wine for the preceding year. <br />500.11 Granting of Licenses. The City Council may make, or cause to be made, an <br />investigation, as it deems appropriate, of the claims set forth in the application. The Council <br />may hold a public hearing relative to the issuance of any license under the provisions of this <br />section. The granting of on -sale and off -sale liquor licenses shall be discretionary with the <br />Council. No off -sale liquor license shall become effective until it, together with the proof of <br />insurance furnished by the applicant, has been approved by the commissioner of public safety. <br />500.12 All licenses issued under the provisions of this section shall expire on the last day of <br />December of each year. Each license shall be issued for a period of one year, but if a portion of <br />the license year has elapsed when the application is made a license may be issued for the <br />remainder of the year for a pro rata fee. In computing the fee, any expired fraction of a month <br />shall be counted as one month. <br />500.13 Renewals. Applications for renewal of an existing license issued under the provisions <br />of this chapter shall be filed with the City Administrator on or before November 1 of the year <br />preceding the year which is the subj ect of the license. <br />500.14 Transfer. No license may be transferred to another person or to another place without <br />the approval of the City Council. Verified application for transfer shall be made in writing to <br />the City Administrator and shall be accompanied by certified check or money order payable to <br />the City, in the amount established by Ordinance adopted by the Council. The Council shall <br />make or cause to be made an investigation as it deems appropriate regarding the transferee or <br />the proposed location. This provision shall also apply in the event of application by a corporate <br />licensee for transfer of stock in the corporation, provided that no transfer fee shall be charged if <br />the transfer is the first within the period of the license or the stock sought to be transferred does <br />not constitute fifty (50%) percent or more of the outstanding common stock of the corporation. <br />It is hereby made the duty of the officers of any corporation holding such a license to notify the <br />Council of any proposed sale or transfer of any stock that result in another person holding ten or <br />more percent interest in the corporation. The transfer of any such stock without the knowledge <br />and consent of the Council shall be deemed sufficient cause for revocation by the Council of <br />h <br />