All profits derived from a bingo game shall be kept and used in the manner prescribed by Cal Penal Code § 326.5 and shall principally be expended for charitable purposes within the city. The eligible organization shall keep full and accurate records of the income received and expenses disbursed in connection with its operation, conduct, promotion, supervision and all other phases of bingo games authorized by this chapter. The city, by and through its authorized officers, shall have the right to examine and audit such records at any reasonable time and the eligible organization or any operator of a bingo game shall fully cooperate with the city by making such records available.
(Ord. 2097-C-S, passed 2-24-15)