(A) The aggregate retail value of all prizes and merchandise awarded by a licensee in a single raffle shall not exceed two hundred thousand dollars ($200,000.00).
(B) The maximum retail value of each prize awarded in a single raffle shall not exceed fifty thousand dollars ($50,000.00).
(C) The maximum price which may be charged for each raffle chance issued or sold shall not exceed two hundred dollars ($200.00).
(D) A license shall be valid for only one hundred eighty (180) days after issuance, and no chances may be sold upon expiration of the license. (Ord. 02-14, 9-23-2002)