G22-01 ,�•► CITY OF ELGIN
ORDINANCE NO. G22-01
AN ORDINANCE
AMENDING CHAPTER 6.06 OF THE ELGIN MUNICIPAL CODE, 1976,
AS AMENDED, ENTITLED "ALCOHOLIC LIQUOR DEALERS
PASSED BY THE
CITY COUNCIL OF THE
CITY OF ELGIN
ON THIS 11TH DAY OF APRIL 2001
Published in pamphlet form by authority of the
City Council of the City of Elgin, Kane and
Cook Counties, Illinois, on this
13th day of April 2001.
STATE OF ILLINOIS )
) ss.
COUNTY OF KANE )
CERTIFICATE
I, Dolonna Mecum, certify that I am the duly appointed and acting
municipal clerk of the City of Elgin, Cook and Kane Counties, Illinois.
I further certify that on April 11, 2001, the Corporate Authorities of such
municipality passed and approved Ordinance No. G22-01, which provided by its terms
that it should be published in pamphlet form.
The pamphlet form of Ordinance No. G22-01, including the Ordinance and
a cover sheet thereof, was prepared, and a copy of such Ordinance was posted in the
municipal building commencing on April 13, 2001, and continuing for at least ten days
thereafter. Copies of such Ordinance were also available for public inspection upon
request in the office of the municipal clerk.
DATED at Elgin, Illinois, on April 13, 2001.
Municipal Clerk
(SEAL)
ell
Ordinance No . G22-01
AN ORDINANCE
AMENDING CHAPTER 6 . 06 OF THE ELGIN MUNICIPAL CODE, 1976
AS AMENDED, ENTITLED "ALCOHOLIC LIQUOR DEALERS"
(License, Change in Personnel)
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN,
ILLINOIS :
Section 1 . That Section 6 . 06 . 100C of the Elgin Municipal
Code, 1976, as amended, entitled "License, Change in Personnel, " be
and is hereby amended to read as follows :
"C . When a license has been issued to a corporation
and a change takes place in the officers, directors,
managers or shareholders of more than five percent (5%)
of the stock, which change results in the holding of
office or shares by one who is not eligible for a license,
said license shall terminate . Any transfer of fifty
percent (50%) or more of the partnership interest or of
the shares of a Class B licensee ' s corporate stock shall
require a payment of ten thousand dollars ($10, 000 . 00) by
the stock transferee to the city clerk to be placed in the
general fund of the city. If, however, the transfer of
fifty percent (50%) or more of the partnership interest
or the shares of a Class B licensee ' s corporate stock is
necessitated by the death of any such partner or
shareholder, and the decedent transferor' s interest or
shares are transferred to a surviving spouse, descendant,
parent, brother, sister or descendant of a brother or
sister of the transferor, the transferee of such interest
or shares shall not be required to pay said ten thousand
dollar ($10, 000 . 00) fee . Any transfer of fifty percent
(50%) or more of the partnership interest or of the shares
of a Class B-1 licensee ' s corporate stock shall require
payment of five thousand dollars ($5, 000 . 00) by the stock
transferee to the city clerk to be placed in the general
fund of the city. "
Section 2 . That all ordinances or parts of ordinances in
conflict with the provisions of this ordinance be and are hereby
repealed.
Section 3 . That this ordinance shall be in full force and
effect upon its passage and publication in the manner provided by
law.
Ed Schock, Mayor
Presented: April 11 , 2001
Passed: April 11, 2001
Omnibus Vote : Yeas 7 Nays 0
Recorded: April 12 , 2001
Published: April 13 , 2001
Attest :
Dolonna Mecum, ity Clerk