The grantee of a permit granted pursuant to this chapter shall not sell, transfer, assign or lease said permit, or any of the rights and privileges granted thereby, without first obtaining the consent of the City to such sale, transfer, assignment or lease. This provision does not apply to a sale, transfer, assignment or lease from a corporation to its subsidiary or affiliated companies, nor when the assets of a corporation as a whole are sold, transferred, assigned or leased to its parent company, if notice of any such sale, transfer, assignment or lease is given to the City.
(Ord. 89-20, 8/8/1989)