HomeMy WebLinkAbout5E, Resolution 2012-015 Approving Charitable Gambling License for St. Katharine Ukrainian Orthodox Church at Pot O Gold Bingo 'It
--ARENHILLS
Request for Council Action 5E
Prepared By: Sue Iverson, Director of Finance and
Council Meeting Date: May 29,2012
Administrative Services
Resolution 2012-015 Approving Charitable Gambling License for St. Katherine Ukrainian
Orthodox Church at Pot O Gold Bingo
Budgeted Amount: Actual Amount: Funding Source:
NA NA NA
Recommendation:
Approve Resolution 2012-015 to extend the Charitable Gambling License for St. Katherine Ukrainian Orthodox
Church located at Pot O Gold Bingo until June 30,2014.
Supporting Documents:
1. Memorandum dated May 29, 2012, from Sue Iverson
2. Resolution 2012-015
3. 2012 Charitable Gambling Premise Permit Application Form
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,- RENHILLS
MEMORANDUM
DATE: May 29, 2012
TO: Honorable Mayor and City Council Members
Patrick Klaers, City Administrator
FROM: Sue Iverson, Director of Finance and Administrative Services
SUBJECT: Resolution 2012-015—Approving Charitable Gambling License for
St. Katherine Ukrainian Orthodox Church at Pot O Gold Bingo
Background
On September 13, 2010, the City Council approved Resolution 2010-044 approving a two
year license for St. Katherine Ukrainian Orthodox Church at Pot O Gold Bingo. St.
Katherine's has submitted an application to renew this license. A background check has
been completed by the Ramsey County Sheriff's Department.
According to their application, "All donations will go to eligible organizations in the
Arden Hills Trade Area." They target funds each year for the Northwest Youth and
Family Services organization.
Recommendation
Motion to approve Resolution 2012-015 approving a charitable gambling license for St.
Katherine's Ukrainian Orthodox Church at Pot O Gold Bingo; license to expire June 30,
2014.
, t
EN HILLS
CITY OF ARDEN HILLS
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION NO. 2012-015
RESOLUTION APPROVING CHARITABLE GAMBLING LICENSE FOR ST.
KATHERINE UKRAINIAN ORTHODOX CHURCH AT
POT O GOLD BINGO HALL
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Arden
Hills, Minnesota, that the City agrees to approve a Charitable Gambling License for two
years (expiring June 30, 2014), to St. Katherine Ukrainian Orthodox Church, 1600 W.
Highway 96, Arden Hills, at the Pot O Gold Bingo Hall located at 3776 Connelly Av,
Arden Hills, MN.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS
29TH DAY OF MAY, 2012.
David Grant, Mayor
ATTEST:
Susan K. Iverson, Acting City Administrator
City of Arden Hills License No. GAM012-
1245 West Highway 96 Receipt No.
Arden Hills, Minnesota 55112 Amount Paid $150.00
-ft EN HILLS Phone: 651.792.7800 Date Recvd.
Fax: 651.634.5137 Ins. Cert.
www.ci.arden-hills.mn.us Total Fee Paid
2012Charitable Gambling Premise Permit-
Application Form
(Terms of the License: 2 Year Agreement)
Information (all fields are required)
Business Name: i>VV l?—,- L' K,e _-W LIA;l G/? t °'0,)X' C I
Property Address:
Nature of Business: 0 c,u c- L G
Local Contact: t t _tall_f Z ,q
Business Phone: U Sl ' -7 T Business Fax:
Email Address: Website Address:
Federal ID#: ( S a
Premise Permit and Investigation Fee $150.00
Please submit the following forms with vour application:
*2011 Income and Loss Statement _
*Projected 2012 Receipts/Prizes _
*Form LG200B Organization Officers Affidavit _
*Form LG214 Premise Permit Application _
*Form LG200R A preprinted renewal from the Gambling Control Board(if this is a renewal) _
*Form LG215 Lease for Lawful Gambling Activity _
*Copy of Lease Agreement _
*Insurance certificate
(All organizations permitted to conduct lawful gambling within the City of Arden Hills shall contribute 10%(ten percent)of their
net profits derived from 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.Quarterly installment payments shall be submitted together with verifiable supporting documentation no later than the
twentieth day of the month following the end of the quarterly period.)
Authorized Signature Date _c3l _ /
2012 Charitable Gambling Premise Permit Application
Income and Loss Statement
2011 Projected 2012
REVENUE
Bingo Gross $ 4,144.231.50 $ 4,200,000.00
Bingo Prizes 3,268,036.00 3,300,000.00
Net 876,195.50 900,000.00
Pulltab Gross 1,013,715.00 1,100,000.00
Pulltab Prizes 711,920.00 750,000.00
Net 301,795 350,000.00
Total Net Revenue 1,177,990.50 1,250,000.00
STATE TAXES
Board Fees 5,157.94
Pulltab Ideal Gross Tax 22,467.98
Bingo Net Tax 74,476.63
Combined Receipts Tax 17,314.81
Total State Gambling Taxes 119,417.36 140,000.00
EXPENSES
Cost of Gambling Product 76,722.13 85,000.00
Compensation& P/R Taxes 363,934.05 370,000.00
Advertising 6,705.00 8,000.00
Professional Fees 3,500.00 4,000.00
Bond 100.00 300.00
Rent 219,999.96 220,000.00
Cash Shortages 6,262.50 5,000.00
All Other Expenses 156,314.99 188,000.00
Total Allowable Expenses 833,538.63 880,300.00
NET PROFIT 2259034.51 2299700.00