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B. Any organization applying for a new permit, shall provide the City <br /> with a certified statement containing the organization's projection of gross <br /> receipts and total prizes for all lawful gambling activities to be conducted <br /> in the City during the year in which the permit will be effective. <br /> Subd. 11 Lawful Gambling Fund. All organizations permitted to conduct lawful <br /> gambling within the City shall contribute ten(10%)percent of their net profits <br /> derived from lawful gambling activities within the City to a special fund to be <br /> administered by the City Council for reimbursement of police, fire and public safety <br /> related services, equipment and training; and for Charitable Contributions, as defined <br /> in Minn Statutes Section 349.12 Subd. 7.a. Payments to the fund shall be calculated <br /> for quarterly periods ending on the last days of March, June, September, and <br /> December of each year. Quarterly installment payments shall be submitted together <br /> with verifiable supporting documentation, no later than the 20th day of the month <br /> following the end of the quarterly period. (Revised: February 12, 2007) <br /> Subd. 12 Trade Area Restriction. An organization authorized and permitted to <br /> conduct lawful gambling within the City shall expend seventy-five 75%)percent <br /> s4i4y-(WO%) per-sett of its net profit on lawful purposes conducted or located within <br /> the trade area. <br /> (Revised.• February 23, 2004) <br /> Subd. 13 Location of Lawful Gambling Operations. No gambling operation shall <br /> be maintained except on the premises listed in the license. The listed location shall <br /> comply with all state regulations and City zoning regulations. <br /> Subd. 14 Number of Licenses Authorized. No more than nine (9) lawful gambling <br /> licenses or permits of all classes shall be issued and outstanding at the same time. <br /> Subd. 15 Reports. <br /> A. All authorized and permitted organizations shall submit to the City <br /> Administrator a copy of any reports it is required to make or has made to <br /> the board. Any applicant for a license or renewal of a license shall submit <br /> a copy of its application to the City Administrator. <br /> B. On or before February first of each year, organizations licensed or <br /> permitted to conduct lawful gambling within the City shall submit a report <br /> to the City Administrator indicating how the net profits derived from <br /> lawful gambling activities conducted by the organization have been spent <br /> for lawful purposes and such other reports as may be required from time to <br /> time by Council resolution. <br /> Subd. 16 Inspection of Premises and Records. The City Administrator, City <br /> attorney, City law enforcement officers, City Official and/or City employee having a <br /> duty to perform with reference to this section or lawful gambling activities may <br />