HomeMy WebLinkAbout5I-Cigarette License for Stone Lake dba MGM U 4646 Dakota Street SE
Prior Lake,MN 55372
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CITY COUNCIL AGENDA REPORT
MEETING DATE: MARCH 23, 2015
AGENDA#: 51
PREPARED BY: JANET RINGBERG, ACCOUNTING SPECIALIST
PRESENTED BY: FRANK BOYLES, CITY MANAGER
AGENDA ITEM: CONSIDER APPROVAL OF A CIGARETTE LICENSE FOR STONE LAKE II
LLC dba MGM WINE &SPIRITS
DISCUSSION: Introduction
The purpose of this agenda item is to consider approval of a cigarette license
for Stone Lake II LLC dba MGM Wine & Spirits, located at 14173 Commerce
Avenue NE.
History
In July 2010 Jim Peterson of Saga Hill Wine & Spirits purchased MGM Wine &
Spirits from the MGM Wine & Spirits corporation. In September 2013 MGM
Wine & Spirits was sold to TJM Enterprises. TJM Enterprises is now selling the
.-� business to Stone Lake II LLC.
Current Circumstances
The new owner of MGM Wine & Spirits is Stone Lake II LLC, 15262 Nautica
Circle, Prior Lake, MN 55372. The only officer of Stone Lake II LLC is Jonathan
Schumacher. This license will be valid from March 23, 2015, to December 31,
2015, at which time it will be considered for renewal along with all other cigarette
licenses in the City. This licensee has also applied for an off-sale intoxicating
liquor license which is being considered for approval on a separate agenda re-
port.
Conclusion
The Prior Lake Police Department has completed an investigation of this appli-
cant to ensure that all requirements and issues concerning public safety and
compliance have been met.
ISSUES: All property taxes and monies owed to the City for 14173 Commerce Avenue
NE are current.
FINANCIAL Stone Lake II LLC has paid the $250.00 cigarette license fee.
IMPACT:
ALTERNATIVES: 1. Approve the cigarette license for Stone Lake II LLC dba MGM Wine & Spir-
its for the period March 23, 2015, to December 31, 2015.
2. Deny the license request.
RECOMMENDED Alternative#1.
MOTION:
Phone 952.447.9800/Fax 952.447.4245/www.cityofpriorlak-e.com