Chapter Number 112, Gambling

CHAPTER 112:  GAMBLING

Section

            112.01 Definitions

            112.02 Donation required

            112.03 Reports

            112.04 Suspension, revocation and nonrenewal of licenses

            112.05 Charitable Gambling Fund

• 112.01 DEFINITIONS.

            The terms contained in this section shall have the meaning as ascribed to them by M.S. §§ 349.11 et seq., as it may be amended from time to time, and any successor statutes dealing with regulation of lawful charitable gambling.

            NET PROFITS.  Profits less allowable expenses under the laws and regulations of the State of Minnesota relating to lawful gambling.

(Ord. 01-99, passed 4-19-1999)

• 112.02 DONATION REQUIRED.

            Any organization licensed to conduct lawful gambling within the city shall donate 10% of its net profits from the conduct of lawful gambling each month to the Special Charitable Gambling Fund.  Such donations shall be made within 15 days at the end of each calendar quarter.  For purposes of this section, a calendar quarter shall be deemed to end at 11:59 p.m. on the last day of March, June, September and December.

(Ord. 01-99, passed 4-19-1999)

• 112.03 REPORTS.

            All organizations conducting lawful gambling within the city shall provide the City Administrator with copies of all reports it provides to the Charitable Gambling Board.

(Ord. 01-99, passed 4-19-1999)

• 112.04 SUSPENSION, REVOCATION AND NONRENEWAL OF LICENSES.

            If any organization shall fail to make payments required by this section or fail to provide the City Administrator with reports as required by this section, such failure shall be grounds for the city to recommend to the Charitable Gambling Board that the gambling license for such organization be suspended, revoked or not renewed.

(Ord. 01-99, passed 4-19-1999)

• 112.05 CHARITABLE GAMBLING FUND.

            (A)      There is created a Mountain Iron Charitable Gambling Fund which shall be held for safe-keeping by the city in an account separate from any city funds.  Such funds shall be designated the Mountain Iron Charitable Gambling Fund.  No expenditures shall be made from such funds except upon resolution by the City Council and then only for lawful purposes, as defined by M.S. § 349.12, Subd. 25, as it may be amended from time to time.

            (B)       Each organization within the city which is licensed by the state to conduct lawful gambling shall contribute 10% of its net profits, as defined by M.S. § 349.12, as it may be amended from time to time, monthly to the Mountain Iron Charitable Gambling Fund.

(Ord. 01-99, passed 4-19-1999)