Licenses for bingo games which have been issued by the City may be renewed annually, upon the following conditions:
(a) Payment of the annual bingo license fee in the amount of $50. One-half of such license fee paid is to be refunded to the organization if an application for a license renewal is denied. In addition, a fee of 1% of the monthly gross receipts over $5,000 shall be an additional fee and shall be collected monthly;
(b) Submission by the licensee of a verified statement on a form provided by the City, indicating the use of the funds which were derived from the games held in the previous year.
(c) Submission of a certified statement signed by the officers of the organization holding such license for the previous year, stating that the bingo games which have been held were operated in conformance with the provisions of this Chapter.
(Ord. 88, passed 6-2-2004)