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<br />FEB-1'3-2002 10: 14 <br /> <br />I_EHGUE OF MI'I CITlES <br /> <br />with th" prucedure prescribed by luw and charter for tbe receiplS and <br />disbursements of dty funds generally. <br /> <br />(D) Financial statl!me"t. The CoundlshllU provide Witllin 90 days toilowBng <br />the end of the calendsr year for publication II balance sbeet using generally accepted <br />a.ccm.mtlng procedures and a statement of operations of the ml.lnicipalliquor store . <br />for that year. The balance sheet and statement sball be published in acL"Ordance with <br />the provisions of M. S. lj471.6985, as it may be amended from time to time. <br /> <br />(E) HJ)Zll"S of operatio/l. The hOlUS during which the sllle of lnmxlcating liquor <br />may be soid aha!! be as pN'iided in Section 19. No person, other than the Manager <br />Dr a store employee, may I'emain in the munieipalJiquor store longer tlllUl one half <br />hour aftet,' tllll time when tbll sale of intoxicating liquor must cease. <br /> <br />Section 27. PROOF OF FINANCIAL RESPONSffiILITY <br /> <br />The city shall demonstrate proof of financial responsibility required by <br />licensees of retllillntoxlcatlng llquol: establishmenl$ under the provisions of M. S. <br />340A.409, as it may be amended from time to time. <br /> <br />Section 23. ISSUANCE OF' OTHER LICENSES ' <br /> <br />(A) On-saw licenses jar tlU! sale a/intoxicating liquor. The CaUDell may issu.e <br />. in iis sound disd.TetloD on-sale licenses to a club undu M. S. 340AA04, Sllbd. 1, <br />clause (4), aslt may be lUWlnded from time to time. if the voteIt'S have Guthorized <br />their Issuance at a special weetlon called lor tbat pl.U'pose, the Council may issue on <br />il$ sQund discretion .m-sllle liquor licen~s to hotels and restaurants. The number of <br />on-sale licenses iSSued under tbis section is go'Vel'n<!d hy M. S. 340A.4I3, as it l11lly be <br />amended from time to :time, as limited by the provisions of this ordinance. The <br />issuanCll of these licenses is governed by the provisions of this ordinance. <br /> <br />(II) Off-sale licenses far the sale afintoxicating liquor. State law does not <br />authodze the .issuance of off-sale licenses for the sale of lllto:dcatlng llquor by cities <br />whicb operate a municipal liquor dlspensl\l1'. <br /> <br />I,C) On- and off-sale 3.2 percellt malt liquor li;;enses. Tbe Council nUl~' issue <br />3.2 Jltlrcent malt liquor licenses in its sound discretiQu as provided in this ordinance. <br /> <br />PefUllties <br /> <br />Section 29. PENALI'fIES <br /> <br />P.16/24 <br /> <br />15 <br />