S-871 - 02/11/1997 - LICENSE -ALCOHOL - Ordinances ORDINANCE 97-LC-AL-S-871
AN ORDINANCE APPROVING THE INCREASE OF ONE
CLASS E AUTHORIZED LIQUOR LICENSE
UPON THE SALE OF THE DRAKE OAK BROOK HOTEL
WHEREAS, the sale of the Drake Oak Brook Hotel by Migaal Properties, to
2301 York Road Limited Partnership has taken place or is imminent; and
WHEREAS, pursuant to Section 3-25 of the Code of Ordinances of the
Village of Oak Brook, the occurrence of a change in ownership necessitates the
issuance of a new license; and
WHEREAS, an application for an Class E liquor license for the premises
at 2301 York Road has been submitted, processed, and reviewed by the Village
Board; and
WHEREAS, the President and Board of Trustees of the Village deem it
advisable and in the best interest and in furtherance of the general welfare
of the citizens of the Village that upon the sale of the Drake Oak Brook Hotel
to 2301 York Road Limited Partnership and the tender to the Liquor
Commissioner of the existing Class E liquor license issued to Migaal
Properties, Inc. , a new Class E liquor license be created.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows:
Section 1: That upon the sale of the Drake Oak Brook Hotel to 2301 York
Road Limited Partnership and the tender to the Liquor Commissioner of an
existing Class E liquor license issued to Migaal Properties, Inc. , a new Class
E liquor license be created, thereby maintaining the total number of such
licenses at four (4) .
Section 2: That this ordinance shall be in full force and effect from
and after its passage, approval and publication as required by law.
PASSED THIS 11th day of February, 1997.
Ayes: Trustees Kenny, Payovich, Savino and President Bushy
Nays: None
Absent: Trustees Bartecki McInernev and Shumate
Abstain: None
Ordinance 97-LC-AL-S-$71
Increase Class E Upon the Sale
of the Drake Oak Brook Hotel,
Page 2
APPROVED THIS 11th day of February, 1997.
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ATTEST:
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Approved as to Form:
Village Attorney
Published 2-12-97 Pamphlet form
Date Paper
Not Published