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City of Shoreview Municipal Code Chapter 700. Licensing <br /> (A)Payment Required. All organizations having a premises permit to conduct <br /> lawful gambling within the City of Shoreview shall contribute ten percent <br /> (10%)of the net profits derived by the organization from lawful gambling <br /> activities conducted with the City of Shoreview to a special fund to be <br /> administered by the Shoreview City Council for lawful purposes. <br /> (B)Collection. The lawful gambling fund payment shall be submitted to the City <br /> Manager in quarterly installments for the periods ending March 31,June 30, <br /> September 30, and December 31. The lawful gambling fund payment, <br /> together with a copy of the organization's Minnesota State Tax Payment <br /> Records containing sufficient data to enable the City to verify the manner in <br /> which the organization calculated the lawful gambling fund payment, shall be <br /> submitted to the City Manager on or before the 20th day of the month <br /> following the end of the quarter. <br /> 708.060 Trade Area and Restrictions. An organization, licensed to conduct lawful <br /> gambling within the City of Shoreview, shall expend all of its net profit on lawful <br /> purposes conducted or located within the trade area. <br /> 708.070 Prize Restrictions. <br /> (A) Bingo. Except for a cover-all game,the maximum cash and/or merchandise i <br /> prize for a single bingo game shall not exceed$50.00. The maximum cash <br /> and/or merchandise prize for a cover-all game shall not exceed $100.00. The <br /> total of all cash and/or merchandise prizes awarded at a bingo occasion shall <br /> not exceed$1,500.00. Merchandise prizes must be valued at their fair market <br /> value. <br /> (B) Paddlewheels and Tiboards. The maximum cash and/or merchandise prize <br /> awarded for a single spin of a paddlewheel or a single tipboard shall not <br /> exceed$50.00. The total of all cash and/or merchandise prizes awarded in a <br /> single day for the operation of paddlewheels and/or tipboards shall not exceed <br /> $500.00. <br /> (C) Raffles. The total of all cash and/or merchandise prizes awarded in any <br /> calendar year by an organization for a raffle shall not exceed$30,000.00. <br /> Merchandise prizes must be valued at their fair market value. <br /> (D)Pull-tabs. Prize and bet limitations for pull-tabs may not exceed the amounts <br /> contained in the regulations adopted by the Minnesota Charitable Gambling <br /> Control Board. <br /> Section 708, Charitable Gambling 708-3 <br />