CCP 06-26-1995 - Laserfiche WebLink

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---- -------------- , ~ Earthstar Project, Inc. . Gaming Business Plan Pot 0 Gold, Arden Hills, MN. 5/18/95 Purpose The purpose of Earthstar' s gaming program is to generate discretionary income for our organization to further our service toward our mission of serving the Indian community in the St Paul East metro area. This furthers our own self determination as a business enterprise and may eventually provide jobs and training for people in the community. Scope Earthstar will secure a class A license from the State of Minnesota Gaming Commission and a premises permit from the city of Arden Hills to conduct Bingo and pull tabs at Pot 0 Gold Bingo in Arden Hills on Sundays ( 3 Sessions and Tuesdays ( 2 sessions). Management Sheila White Eagle, our former treasurer will serve as our Bingo Manager reporting to the Executive Director and the Board of Directors of Earthstar. Refer to the attached organizational chart. Shirley LittleBird, one of our Board members has experience in the gaming industry as she formerly sold bingo equipment Jerry Cobanais has several years experience as a bingo caller at Pot 0 Gold and will serve as our Assistant Manager. Frank Belgea with St. Mary's Roman Orthodox Church, who is also a sponsor at Pot 0 Gold, will serve as technical resource for us. e- We recognize that we are a part of the management team at Pot 0' Gold and will cooperate with the other organizations to operate the facility in the best manner to serve the customers. We will participate in consistent - management policies and employment practices (as an equal opportunity employer). Regulation Compliance - - Earthstar Project will comply with the gaming requirements of Arden Hills and the State of Minnesota for a Class I A license. Earthstar presently holds a senior citizens bingo permit which will be transferred to the Elders Lodge Corporation, a separate, but cooperating agency. I Financial Management The Bingo Manager with the assistance of the Assistant Bingo Manager will be responsible for the daily record I keeping, deposits, and reporting to the State Gaming Commission. A separate gaming account will be maintained at Norwest Bank in Arden Hills. Distributions from this account will be made for expenses, payroll and distributions as permitted by the gaming rules of the State of Minnesota. Our Earthstar bookkeeping staff will I prepare payroll with our normal payroll. Carpenter Evert our certified public accounts will audit the account in accordance with the requirements of the State of Minnesota. Budget Proforma I The income and expense statement is attached. I .. I