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<br />FEB-19-2202 10:14 <br /> <br />LEAGUE OF MN CITIES <br /> <br />with the procedure prescribed by law and charter for the recefpts and <br />disbursements of city funds generally. <br /> <br />(D) Fbu.lnciId SbJtem,nt. The Council shaD provide WIthin !IO days followine <br />tbe end of the calendar year for publication a balance sheet II8ing generally accepted <br />accounting procedures and a statement of operations of the mUDidpalliqllOr store _ <br />for that year. The balance sheet and statement shall be published In lK:COrdance with <br />the provisions of J\.L S. * 471.6985, as it may be amended from time to time. <br /> <br />(E) Hl)u1"6 olopfflltion. The hours dW'iDg which the sale of Intoxlcatillg liquor <br />may be sold shall bellS provided in Section 19. No person, other than the Manager <br />or a store employee, may remain in the municipal liquor store longer than one half <br />bour after the time when the sale of Intoxicating liquor must cease. <br /> <br />SectIon 27. PROOF OF FINANCIAL RESPONSmn.lTY <br /> <br />The city sball demonstrate proof of finandal responsibility required by <br />lic:ensees of retalllntoxicating liquor establishments under the provisions of M. S. <br />340A.409, as It may be amended from time to time. <br /> <br />Section 28. ISSUANCE OF OTHER LICENSES ' <br /> <br />", <br /> <br />(A,) On-sals licenses for the sals of intoxicating liquor. The Counell may Issue <br />'in its sowid dlsc:retion on-sale licenses to a dub W1der M. S. 340A.404, Subd. 1, <br />clause (4), as it may be amended from time to time. If the voters have authorized <br />their issuance at a special election called for that purpose, the Council may issue on <br />Its sound dlseretloD on-sale liquor licenses to hot.els and restalll'ant$. The number' of <br />on-sale lieenses issued under this section is governed by M. S. 340A.413, as it may be <br />amended from time to time, as limited by the provisions of this ordinance. The <br />issUance of the5lllic:enses is governed by the pro'l'isions of this ordinance. <br /> <br />(B) Off-sale licenses for the sale ofilltoxil:tZting liquor. State law does not <br />authorize the issuance of off.saJe IicI!llSeS for the sale of intoxicating liquor by cities <br />whicb operate a municipal liquor dispensary. <br /> <br />(C) On- and ofJ-salll3.2 p/lrcelll mtzlt liquor licenses. The CouDcil may isSue <br />3.2 percent malt liquor licenses in its sound discretion as provided In this ordinance. <br /> <br />PeMltks <br /> <br />Section 29. PENALITIES <br /> <br />P.16/24 <br /> <br />l5 <br />