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determine compliance with local and state regulations and laws. Any such agreements entered into or modified after issuance of a license or permit shall be filed with the city prior to the new agreement or modification becoming effective. The initial approval and the continuance of a license or permit is contingent upon such agreements complying with this ordinance and state statutes and regulations. 9. All licensees and permittees in the City will assure continuous and active management of the gambling operation and will not delegate managerial responsibilities, will work continuously to operate in the most efficient manner to increase the amount of available lawful proceeds, will maintain the lowest possible costs, and will encourage and use volunteers to the fullest extent possible. 119.025. Contributions. 1. Each organization conducting lawful gambling within the city shall contribute at least ten percent (10%) of its net profits derived from lawful gambling in the City to a fund administered and regulated by the City without cost to the fund, for disbursement by the City for lawful purposes as defined by administered and regulated by the City without cost to the fund, for disbursement by the City for lawful purposes as defined by Minnesota Statute 349.12, Subdivision 11. The City's use of such funds shall be determined at the time of adoption of the City's annual budget or at the time of amendments thereto. 2. Each organization conducting lawful gambling shall expend or contribute a minimum of seventy-five percent (75%) of its net profits from Roseville gambling sites by the end of each Premises Permit Year. The remaining percentage may be carried over to the subsequent permit or license year. The City Council may grant a variance authorizing the organization to carryover more than twenty-five percent (25%) of all its net profits for expenditure in the subsequent permit or license year. 3. In addition to the amounts specified in paragraph 1. above, a Class A premises permittee shall contribute twenty-five percent (25%) of the portion of net gambling proceeds including payments per paragraph 1., above, in excess of twenty-five percent (25%) of its annual operating budget to the Roseville Community Foundation which will allocate such funds to other community projects or groups based upon criteria established by such Foundation. Contributions to such Foundation shall be monthly and shall, until the Foundation is in operation, be deposited in an interest bearing escrow account in a banking institution located in the city.