There is a Class B license in the Ballenger (23rd) election district. The Board may issue the license for use by a luxury–type restaurant that has: a capital investment of at least $250,000 for dining room facilities and kitchen equipment, not including the cost of land, buildings, or leases; and seating for at least 28 individuals. The license authorizes the sale of beer, wine, and liquor for on–premises consumption. The license holder may sell beer, wine, and liquor during the hours and days as set out under § 20–2006(d) of this title. The annual license fee is $1,500. The Board shall define “luxury–type restaurant” by regulation.