(A) No person or organization shall conduct lawful gambling as defined by the laws of the state within the city limits of the city, and no person or organization shall receive or renew a license or permit required for lawful gambling activities within the limits of the city, except upon compliance with the terms and conditions of this section and the terms and conditions of Minnesota Statutes.
(B) The CITY OF HOYT LAKES TRADE AREA is hereby defined to include all that geographic area within the boundaries of School District No. 2711, as constituted and in existence on the date of enactment of this section, together with the geographic area within the boundaries of the City of Babbitt.
(C) Each licensed organization which conducts lawful gambling within the city shall expend or contribute a minimum of 70% of its lawful expenditures of funds derived from gambling activities conducted within the limits of the city for lawful purposes only conducted and located within the City of Hoyt Lakes trade area as defined in this section.
(D) (1) Each organization or person conducting lawful gambling within the city limits of the city shall file true and correct copies with the City Clerk-Treasurer of all applications, licenses, permits and reports issued pursuant to or required under the authority of the Gaming Laws of the state, M.S. Chapter 349, as it may be amended from time to time, in the same form and at the same times as required under state law.
(2) Each organization or person conducting lawful gambling within the city limits of the city shall segregate and report to the City Clerk-Treasurer the gross receipts, expenses, profits and expenditures of profits from lawful gambling operations conducted within the city limits of the city. Further, each organization or person conducting lawful gambling within the city limits of the city shall provide all additional information and documentation as is necessary or reasonable to determine whether the organization or person is in compliance with this section.
(3) The city reserves the right to require that the books and reports which licensed organizations conducting charitable gambling are required to keep and submit to the state, be also made available to designated city officials from time to time for the city to review, and to also require additional reporting from the organization or person as is necessary to carry out the intent of this section.
(Ord. 127, passed 3-28-1995; Ord. 129, passed 4-11-1995; Ord. 141, passed 1-14-1997) Penalty, see § 130.99