Res. #07-028 - Dead Broke Saddle Club - Sagers

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Minnesota Lawful Gambling LG215 Lease for Lawful Gambling Activi Organlzation naine Ucense number . C:4..R c/'~4e Sa /~ C (/..1 - 03800 Name of leased premises Street address State "';.t_ ;>/... "",~-N'. c,>/'/l 7(~r.8' eenk",./h A:.t Name of legal owner of premises I Business/street address 7.: .5... 'C> ! 7"rtf Lt"~... ;'f /{l' Name of I if same as legal Business/street address owner, Write in 'SAME") .5ei~~ ~heyk all activities that will be conducted: . >>Ull-tabs _Pull-tabs with dispensing device ~lipboards ,(.pacldlewheel .l.Pacldlewheel With table _Blngo,k:.Bar bingo {' "":~?',, 8/05 Page 1 of2 Daytime phone ('''.; d~ 1.-,. CIty .//~ MN ,/I, , State I /i?~. State City Pull~tab, Tipboard, and Paddlewheel Rent (No lease required for raffles.) Booth opera.tlon _ sales of gambling equipment by an employee Bar operation - sales of gambling equIpment within a leased (or volunteer) of a licensed organization within a separate enclosure premises by an employee of the lessor from a common area where that Is distinct frOm areas where food and beverages are sold. food and beverages. are also sold. r-------D~~~~a~tI;OR~~~o~anID~~~~gambIlng-------i . from . booth operation at this location? .x... Yes _ No L___________________~----------------~ If you answered yes to the question above, rent limits are If you a~ed no to the q~C)n above, rent limits are based on the following combinations of operation: based on the following combInations of operation: _ Booth operation - Bar operation _ Booth operation and pull-tab dispensing device - Bar operation with pull-tab dispensing device _ Booth operation and bar operation - Pull-tab dispensing device only _ Booth operation, bar operation, and pull-tab dispensing device The maximum rent allowed may not exceed $1,750 In total per month for all organlzatlons~t this premises. . Complete one option: option A: 0 to 10% of the gross profItS per month. Percentage to be paid / " % The maximum rent allowed may not E:Xceed $2,500 In total per monU! for all organizations at this premIseS. Complete one option: Option A: 0 to 20% of the gross profItS per month. percentage to be paid % Option B: When gross profits are $4,000 or less per month, $0 to Option B: When gross profits are $1,000 or less per month, $0 $400 per month may be pard. Amount to be.paid $ to $200 per month may be paid. Amount to be paid $ Option c: $0 to $400 per month may be paid on the first $4,000 of gross profit Amount to be paid $ . Plus 0% to 10% ofthe'gross profits may be paid per month on gross profits over $4,000. Percentage to be paid % Bingo Rent Option 0: 0 to 10% of the gross profits per month from all lawful gambling actlvltles held during bingo occasions, exdudlng bar bingo. percentageto be paid % Option E: A rate based on a cost per square foot not to exceed 110% of a comparable cost per square foot for leased space, as approved by the director of the Gambling Control Board. No rent may be paid for bar bingo. Rate to be paid $ per square foot The lessor must attach documentation; verified by the organization, to confirm the cOmparable rate and all applicable costs to be paid by the organization to the lessor. . Option c: $0 to $200 per month may be paid on the first $1,000 of gross profits. Amount to be paid $ . Plus 0% to 20% of the gross proftts may be paid per month on gross profits over $1,000. Percentage to be paid % Bar Bingo Rent K.. Option F: No rent may be paid for bingo conducted In a bar. r - - - - - ro-.- - - - - - i I For any new bIngo activity not previously Included In a Premises PennItAppllcatlon, I I attach a separate sheet of paper listing the I days and hours that bingo will be conducted. . L______------~ Amended Lease Only If this Is an amended lease showing changes ocaJrrlng during the term of the aJrrent premises permit, both parties that signed the lease rilust initial and date all changes. Changes must be submitted to the Gambling COntrol Board I at I~st lQ..11a~r1or to the change. Write In the date ~w11i be effective ---1---1_. . r Lessor' _ _Date. j6rganlzatlOIl-_' :-,.- ..r' ,