§ 3.5-67. Transfer of license.

(a)

Requirements. An adult entertainment license is not transferable to another person by surrendering possession, control, or operation of the licensed establishment. An adult entertainment license may be transferred to another person only upon satisfaction of the following requirements:

(1)

A license transfer is applied for to the community development department by filing an application setting forth the information called for under section 3.5-62 and the application has been granted by the community development department after investigation by the police department;

(2)

Satisfactory proof is provided that control of the establishment has been or will be transferred through a bona fide sale, rental or other transaction; and

(3)

A transfer fee of ten per cent (10%) of the annual license fee is paid.

(b)

Effect of suspension or revocation procedures. No license may be transferred pursuant to subsection (a) when the community development department has notified the licensee that suspension or revocation proceedings have been or will be brought against the licensee.

(c)

Transfer to a different location. A licensee shall not transfer his license to another location.

(d)

Attempted transfer in violation. Any attempted transfer of a license either directly or indirectly in violation of this section is hereby declared void.

(Ord. No. 96-10, § 1(20), 6-25-96)