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Cityof <br />Om Louisville <br />COLORADO - SINCE 1878 <br />LOCAL LICENSING AUTHORITY MEMO <br />AGENDA ITEM V-B <br />SUBJECT: RENEWAL APPLICATION — TIBET'S RESTAURANT & BAR, <br />LLC D/B/A TIBET'S RESTAURANT & BAR — HOTEL AND <br />RESTAURANT LIQUOR LICENSE — 321 MCCASLIN BLVD. <br />SUITE A <br />DATE: SEPTEMBER 24, 2018 <br />PRESENTED BY: CAROL HANSON, AUTHORITY SECRETARY <br />SUMMARY: <br />The licensee, Tibet's Restaurant & Bar, LLC d/b/a Tibet's Restaurant & Bar, has <br />submitted an application for renewal of its Hotel & Restaurant Liquor License at 321 <br />McCaslin Blvd. Suite A. <br />Lease for the premises is current and on file. <br />There were no employees who attended liquor training in the past year. <br />Certificate of Good Standing is current and on file. <br />There were no incidents over the past year requiring the filing of a police report. <br />City of Louisville sales tax account is current. <br />The licensee has filed a corporate report of changes. Sanjay Kyab has purchased <br />40% interest in the business from Mark Herman who remains owning 10%. Pasang <br />Sherpa continues to own the other 50%. <br />RECOMMENDATION: <br />Authority approve the renewal application and change in ownership for Hotel and <br />Restaurant Liquor License — Tibet's Restaurant & Bar, LLC d/b/a Tibet's Restaurant <br />& Bar — 321 S. McCaslin Blvd Suite A. <br />Alternatively, the Authority may set a hearing, which may be held after proper <br />notice. <br />LOCAL LICENSING AUTHORITY <br />