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and materials described in Section 125.020, and in no event not later than thirty (30) days from receipt of notice of said application from the Charitable Gambling Control Board, the City will investigate the application and based upon said investigation, the City Council shall, by resolution, approve or disapprove the issuance of the license by the Charitable Gambling Control Board. 125.040. Local Gambling Tax and Local Expenditures. Any organization which is licensed to conduct lawful gambling in the City shall do the following: (1) In order to cover the City's costs in regulating lawful gambling, pay to the City, within thirty (30) days of the end of each month, one percent (1%) of the licensee's gross receipts from such gambling in such month, less amounts actually paid for prizes. (2) within thirty (30) days of the end of the license year, pay at least ten percent (10%) of its net profits derived from lawful gambling in said license year to support the programs of non- profit, tax exempt organizations, operating within the City of Roseville, the purpose of which organization's programs are civic, recreational, cultural, environmental, artistic, or the like, and which programs benefit the citizens of the City of Roseville. 125.050. Financial Reports. Within thirty (30) days of the end of a license year, a licensed organization shall submit a financial statement certified by a certified public accountant or by a responsible officer and the licensee's gambling manager, showing the following: (1) Gross receipts from lawful gambling and amounts actually paid out for prizes. (2) Net profits derived from lawful gambling. (3) Amounts paid to non-profit, tax exempt, organizations pursuant to Section 125.040 (2), above.