HomeMy WebLinkAboutResolution No. 059-22 - Resolution - Ownership Transfer of a Liquor License for Hardy's Inc
RESOLUTION
Approving the license transfer of Hardy’s Inc. DBA John Hardy’s Bar- B- Q due to
changes in ownership structure.
WHEREAS, Hardy’s Inc DBA John Hardy’s Bar- B - Q (“the company”) was previously
equally owned by Mr. Aaron Pompeian, Mr. Wayne Courtney, Ms. Jayne Pompeian, and
Mr. David Hanson; and,
WHEREAS, Ms. Jayne Pompeian has divested her 25 percent interest in the company; and,
WHEREAS, Mr. Aaron Pompeian, Mr. Wayne Courtney, and Mr. David Hanson now equally
share 33.33% interest in the company; and,
WHEREAS, Rochester Code of Ordinances 5-19-20 (a) does so stipulate that:
“…any change of ownership or beneficial interest in 25 percent or more of the shares of
stock in a corporate licensee shall be deemed equivalent to a transfer of the license, and
the same shall not become effective until approved by the council.”
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester
that the City does hereby approve an ownership transfer of a wine and 3.2 percent liquor
license with a strong beer endorsement be issued to Hardy’s Inc. DBA John Hardy’s Bar-
B- Q operating at 1940 Broadway Ave South and 929 Highway 52 North.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS__________DAY OF______________, 2022.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS_____DAY OF_____________________, 2022.
__________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)