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G-612 - 06/09/1998 - LICENSE AGREEMENT - Ordinances ORDINANCE 98-LC-AL-G-612 AN ORDINANCE AMENDING ARTICLE III, SECTIONS 3-24(c)AND 3-41 OF CHAPTER 3,ALCOHOLIC LIQUOR, OF THE CODE OF ORDINANCES OF THE VILLAGE OF OAK BROOK, ILLINOIS RELATIVE TO LATE LICENSE RENEWAL FEES AND INSURANCE REQUIREMENTS f WHEREAS, Section 3-24(c) of the Code of Ordinances of the Village of Oak Brook pertains to liquor license renewals; and WHEREAS, Section 3-41 of the Code of Ordinances of the Village of Oak Brook pertains to licenses and licensed premises restrictions and requirements; 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 the Code of Ordinances of the Village be amended updating the language regarding liquor license renewal fees and insurance requirements; 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 Section 3-24(c) of the Code of Ordinances of the Village of Oak Brook, Illinois, be and the same is hereby amended to read as follows: Section 3-24. Renewal; Effect of Failure to Renew: °(c) Application for renewal along with the required license fee shall be filed with the Village no later than the second Friday of June each year. Applications for renewal filed after this deadline shall be considered a late filing, but shall be accepted by the Village until June 30th of each year, provided that any licensee submitting a late filing shall, in addition to the license fee, pay a late fee of five hundred dollars ($500.00). No application for renewal shall be accepted after June 30th of each year. Any application filed after June 30th shall be treated as a application for an original license. " Section 2: That Section 3-41 of the Code of Ordinances of the Village of Oak Brook, Illinois, be and the same is hereby amended to read as follows: "Section 3-41. Insurance Requirements. (a) All licensees shall have in effect prior to the issuance of any liquor license hereunder general liability insurance with limits of not less than $1,000,000 combined single limit or $1,000,000 per occurrence and per aggregate, and shall submit a certificate or policy of insurance as evidence of such coverage, issued by an insurance company licensed to do business in the State of Illinois and have a "Best" rating acceptable to the Village. The effective period of such insurance coverage shall coincide with the period the liquor license is in effect. (b) In addition, each liquor license applicant shall furnish evidence satisfactory to the liquor control commissioner, or the commissioner's designee, that it is covered by a policy of liquor liability insurance by a responsible insurance company authorized and licensed to do business in the state insuring such applicant in the amount of not less than one million dollars ($1,000,000)." Ordinance 98-LC-AL-G-612 Amending Article III, Sections 3-24(c) and 3-41 of Chapter 3, Page 2 Section 3: That this ordinance shall be in full force and effect from and after its passage, approval and publication as required by law. Section 4: That all ordinances or parts thereof in conflict with the provisions of this ordinance are hereby repealed to the extent of such conflict. PASSED THIS 9th day of June, 1998. Ayes: Trustees Bartecki, Caleel, Kenny, McInerney, Sayino and Shumate Nays: done Absent: None Abstain: Nnna APPROVED THIS 9th day of June, 1998. 'zi� "/�X - OF '' Village President ATTEST: "—Village Cle Approved as to Form: "YOV�� Village Attorney Published 6-10-98 Pamphlet form Date Paper Not Published