CCP 06-21-1999 - Laserfiche WebLink

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r I ~ I 1 I I I I . I I I I I I I City of Arden Hills Chapter 3 Licenses and Regulations A. Any organization applying for a renewal permit which shall be effective after January 1, 1991, shall provide the City with certified copies of the following documents: 1. The prior year's income and loss statement which clearly indicates the organization's gross receipts from lawful gambling activities within the City and total prizes actually paid out for lawful gambling activities within the City. 2. A statement of the organization's treasurer projecting the organization's gross receipts and total prizes for lawful gambling activities to be conducted in the City during the year in which the permit renewal will be effective. B. Any organization applying for a new permit which will be effective after January 1, 1991, shall provide the City with a certified statement containing the organization's projec- tion of gross receipts and total prizes for all lawful gambling activities to be conducted in the City during the year in which the permit will be effective. . Subd. 11 Lawful Gambling Fund. All organizations permitted to conduct lawful gambling within the City shall contribute ten (10) percent of their net profits derived from lawful gambling activities within the City to a special fund to be administered by the City Council for lawful purposes. Payments to the fund shall be calculated for quarterly periods ending on the last days of March, June, September and December of each year. Quarterly installment payments shall be submitted together with verifiable supporting documentation, not later than 3 - 34