ITEM TITLE:
Approval of Transfer of Controlling Interest for Package Store: Safeway dba Oaken Keg
SUBMITTED BY: Sheri Pierce, MMC, City Clerk
FISCAL NOTES:
Expenditure Required: N/A
Unencumbered Balance: N/A
Funding Source: N/A
RECOMMENDATION:
Approve the Consent Agenda; Administration has no objection to the transfer.
SUMMARY STATEMENT:
The city has received notification from the Alaska Alcoholic Beverage Control Board on a request for transfer of controlling interest for the package store license Safeway dba Oaken Keg. Legal counsel for Safeway has provided a memo to council explaining the reason for this action. The memo is attached.
A local governing body may protest the approval of an application(s) pursuant to AS 04.11.480 by furnishing the director and the applicant with a clear and concise written statement of reasons for the protest within 60 days of receipt of this notice, and by allowing the applicant a reasonable opportunity to defend the application before a meeting of the local governing body, as required by 3 AAC 304.145(d). If a protest is filed, the board will deny the application unless the board finds that the protest is arbitrary, capricious, and unreasonable.