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<br /> ----------- <br /> I <br /> City of Arden Hills Chapter 3 Licenses and Regulations <br /> I <br /> Subd. 8 Unauthorized Gambling Prohibited. No person shall conduct lawful gambling .. <br /> within the City unless such activity is in compliance with the provisions of the Minnesota <br /> Lawful Gambling Act and this Section. If the provisions of the Minnesota Lawful Gambling . <br /> Act and this Section are inconsistent, the more restrictive provisions shall apply. . <br /> Subd. 9 Local Gambling Tax. Effective January 1, 1991, there shall be imposed a local gam- I <br /> bling tax on all organizations licensed to conduct lawful gambling within the City. The tax shaH . <br /> be set by the City Council but shaH not exceed three (3) percent of the organization's gross I <br /> profit from gambling activities within the City. Proceeds of the tax shall only be used for the <br /> purpose of regulating aH gambling activities within the City, including but not limited to the . <br /> reimbursement of the City's administrative, legal and consulting costs. .. <br /> Subd. 10 Financial Reports. I <br /> I <br /> A. Any organization applying for a renewal pennit which shall be effective after January I <br /> 1, 1991, shall provide the City with certified copies of the foHowing documents: <br /> I <br /> 1. The prior year's income and loss statement which clearly indicates the . <br /> organization's gross receipts from lawful gambling activities within the City and total I <br /> prizes actuaHy paid out for lawful gambling activities within the City. <br /> I <br /> 2. A statement of the organization's treasurer projecting the organization's gross -. <br /> 3 - 31 I <br />