§ 114.13 REQUIRED CHARITABLE CONTRIBUTION.

(A) As permitted by M.S. §§ 349.213, subd. 1(g), each organization licensed to conduct gambling within the city shall annually expend 75% of its "net profits" as that term is defined in M.S. § 349.12, subd. 27, within the city's trade area.

(B) This section applies only to lawful purpose expenditures of net profits derived from gambling conducted at a premises within the city’s jurisdiction.

(C) Payments under §§ 114.12 and 114.13 herein are due quarterly. A failure to comply with this section within 20 days of the end of each quarter may result in the city moving to suspend the organization's premises permit(s) in the city.

(Ord. 2016-05, passed 11-7-2016)

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