Fiscal Note
The proposed resolution transfers a reserve alcohol license from the City of Madison to the Village of Shorewood Hills. Currently the City has approximately 30 surplus alcohol licenses.
Title
Transferring one reserve “Class B” alcohol license in accordance with Wis. Stats. sec. 125.51(4)(e) from the City of Madison to the Village of Shorewood Hills.
Body
WHEREAS. Wis. Stats. §125.51(4)(e)1., authorizes any municipality that is contiguous with, or within two miles of, another municipality, to request the transfer to the municipality, of a reserve “Class B” alcohol beverage license that is held by the neighboring municipality; and,
WHEREAS, the Village of Shorewood Hills is contiguous with the City of Madison and the Village of Shorewood Hills has requested that the City transfer to the Village a reserve “Class B” alcohol beverage license held by the City; and,
WHEREAS, the Village of Shorewood Hills has currently reached its quota of “Class B” alcohol beverage licenses that it may issue pursuant to Wis. Stats. §125.51(4); and,
WHEREAS, the City of Madison has not reached its quota of “Class B” alcohol beverage licenses that it may issue pursuant to Wis. Stats. §125.51(4); and,
WHEREAS, the City of Madison may transfer up to three “Class B” alcohol beverage licenses to any neighboring municipalities pursuant to Wis. Stats. §125.51(4), but has not yet transferred any such licenses; and,
WHEREAS, the Village of Shorewood Hills has requested that the City of Madison transfer a single reserve “Class B” alcohol beverage license to the Village of Shorewood Hills and has offered to compensate the City of Madison for the transfer of that license; and,
WHEREAS, Wis. Stats. §125.51(3)(e) allows the transferring municipality to establish the fee for the transferred license in an amount of not less than $10,000.00; and,
WHEREAS, the City of Madison understands that the transfer of a single reserve “Class B” alcohol beverage license to the Village of Shorewood Hills will create the benefit economic development for the Village,
NOW THEREFORE BE IT RESOLVED that the City of Madison establishes the fee for the initial issuance of the transferred reserve “Class B” alcohol license at $10,000, which fee shall be collected by the Village of Shorewood Hills at the time the license is issued and shall be thereafter immediately remitted to the City of Madison as provided by Wis. Stats. §125.51(4)(e)3; and,
BE IT FURTHER RESOLVED that the City of Madison City Clerk shall deliver a copy of this Resolution to the Clerk for the Village of Shorewood, which resolution shall constitute the City of Madison’s approval of the Village of Shorewood Hill’s request and and which shall effectuate the transfer to the Village of Shorewood Hills a reserve “Class B” alcohol license from the City of Madison in accordance with the provisions of Wis. Stats. § 125. 51(4)(e).