§ 4-248. Percentage of food sales requirement.

(a)

Amount. All holders of licenses for consumption of distilled spirits on the premises shall maintain at least 61 percent of their annual gross income from the sale of food. All alcohol sales, to include beer and wine, shall not exceed 39 percent of total annual gross food and alcohol sales.

(b)

Applicability. Additionally, all consumption on the premises of license holders as defined in this chapter shall be a post, chapter or club of a nationally chartered veterans or fraternal organization, a hotel, lounge, private club, restaurant, or sports facility as defined in section 4-203.

(c)

Authority to examine records. Authorized city officials may examine the records of the premises licensed under this subsection at any reasonable time to ascertain that the requirements of this section and other provisions of this chapter are met.

(d)

Certified public account's statement. Within 120 days after having been issued a consumption on the premises license, the licensee shall submit to the city a statement from a certified public accountant or a registered public accountant that the income requirements set forth in subsection (a) of this section have been met for the first 90 days after the applicant received the license for on the premises consumption. Thereafter at the time of license renewal, each consumption on the premises license holder shall submit to the city an annual statement from a certified public accountant or a registered public accountant that the income requirements set forth in subsection (a) of this section have been met.

(Ord. No. 2007-05, § 3-107, 1-7-2008; Ord. No. 2008-01, § 2(3-107), 3-3-2008; Ord. No. 2008-03, § 1(3-107), 4-7-2008)