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MINNESOTA LAWFUL GAMBLING <br /> LG215 Lease for Lawful Gambling Activity Revised 5/12 Page 1 of 2 <br /> Organization LAddress License/site number Daytime phone <br /> Spring Lake Park Lions CenterDrive,Spring Lake Park,MN 55432 00584!??? 763-784-9179 <br /> Name of leased premises Street address City State Zip Daytime phone <br /> Welsch's Sig Ten Tavern 4703 Highway 10 Arden Hills MN 55112 651-633-7253 <br /> Name of legal owner Business/street address City State Zip Daytime phone <br /> - -'-A-' -� "- �i, r cl, 4703 Highway 10 Arden Hills MN F.5112 651-633-7253 <br /> Name of lessor[if same as <br /> legal owner,write in''SAME" <br /> Same <br /> Check applicable item: <br /> .New lease. Do not submit existing lease with amended changes. <br /> 1 ASAP Date that the changes will be effective. Submit changes at least 10 days before the effective date of the change. <br /> 2.New owner.Effective.date Submit new lease within 10 days after new lessor assumes ownership. <br /> U° <br /> Pull-tabs[paper] Electronic pull-tabs [must also sell paper pull-tabs] <br /> Pull-tabs [paper) with dispensing device Linked electronic bingo <br /> 7 F1 Bar bingo Bingo Electronic games may only be conducted at: <br /> (1)a premises licensed for the on-sale or off-sale of intoxicating liquor or 3.2 percent <br /> Tipboards malt beverages[but does not include a general food store or drug store permitted to sell <br /> Paddlewheel ❑Paddlewheel with table alcoholic beverages under Minn. Stat.340A.405,subdivision 1];or <br /> (2)a premises where bingo is conducted as the primary business and has a seating <br /> capacity of at least 100. <br /> 1M ai <br /> ALL GAMES, including electronic games Monthly rent to be paid, not to exceed 10 0lo of gross profits for that month. <br /> • Total rent paid from all organizations for only booth operations at leased premises may not exceed$1,750 per month. <br /> • The rent cap does not include BAR OPERATION rent. <br /> r, � �*.�Mew fE�� <br /> -. il - <br /> ELECTRONIC GAMES- Monthly rent to be paid, 15 %, not to exceed 15%of the gross profits for that month from <br /> electronic pull-tab games and electronic linked bingo games. <br /> ALL OTHER GAMES- Monthly rent to be paid, 20 °lo, not to exceed 20% of gross profits from ail other forms of lawful gambling. <br /> • Rent may not be paid for bar bingo. <br /> • Bar bingo does not include bingo games linked to other permitted premises. <br /> °o ON <br /> Bingo rent is limited to one of the followings <br /> • Rent to be paid, °lo, not to exceed 10% of the monthly gross profit from all lawful gambling activities held during <br /> bingo occasions, excluding bar`bingo. <br /> -OR- <br /> • Rate to be paid' $ per square foot,not to exceed 110%of a comparable cost per square foot for leased space,as <br /> approved by the director of the Gambling Control Board. The lessor must attach documentation, verified by the organization, <br /> to confirm the comparable rate and all applicable costs to be paid by the organization to the lessor. <br /> The lease may terminated by either party with a written 30 day notice. <br /> Other terms <br />