Arcade Dreams owner George Broches agreed on Monday to immediately forfeit the bar’s liquor license and halt the future sale of alcohol to avoid a possible revocation of his license.

During a hearing at the DeKalb Municipal Building, 200 S. Fourth St., Mayor Greg Sparrow, who also serves as liquor commissioner, announced that Arcade Dreams must surrender its liquor license immediately. Arcade Dreams, 1205 W. Lincoln Highway, most recently was levied eight charges of illegally selling liquor to minors and not having enough square footage inside the establishment.

The bar will stop selling liquor immediately and have all its liquor removed from the premises by Friday. The agreement also requires Broches to pay a $2,000 fine by Dec. 31, never be affiliated with any liquor-selling establishment in DeKalb and never apply for a liquor license again in DeKalb.

In essence, Broches cannot be affiliated with any establishments that sell liquor unless as a patron, City Attorney Margo Ely said.

If all the liquor is not removed by Friday or the $2,000 fine is not paid by Dec. 31, then Arcade Dreams will be subject to a “retroactive revocation,” Ely said.

A revocation would also stop the sale of liquor there for future businesses.

If Broches wanted to sell the property, it would be difficult because the new owners would not be able to sell liquor there if the license has been revoked, DeKalb Police Chief Bill Feithen said.

Ely said this was the fourth time in a year and a half that Broches had appeared in front of the liquor commission for repeated license violations.

“Public interest will be served by Arcade Dreams not being able to sell alcohol anymore,” Ely said. “I hope this sends a message that we protect our liquor laws in DeKalb.”

About 40 witnesses and eight police officers showed up to testify for the trial, but both parties agreed to the license forfeit and fine.

Broches and his attorney, Charles Cronauer, declined to comment for this story.