4-4-7: RAFFLES MANAGER'S BOND:
All operation of and the conduct of raffles shall be under the supervision of a single raffles manager designated by the organization. The manager shall give a fidelity bond in the minimum amount of one dollar ($1.00). The bond shall be in favor of the organization conditioned upon his/her honesty and the performance of his/her duties. Terms of the bond shall provide that notice shall be given in writing to the Village not less than thirty (30) days prior to its cancellation. The Mayor or his/her designee(s) may waive the bond requirement with a waiver provision on the license if a unanimous vote of the members of the licensed organization approves the waiver of the manager's bond. (Ord. 2018-24, 6-7-2018)