All operation of and the conduct of raffles shall be under the supervision of a single Raffles Manager designated by the licensee organization. The Raffles Manager shall give a fidelity bond in the sum of an amount determined by the village in favor of the organization conditioned upon his or her honesty in the performance of his or her duties. Terms of the bond shall provide that notice shall be given in writing to the village not less than 30 days prior to its cancellation. The village may waive this bond requirement by including a waiver provision in the license issued to an organization under this chapter, provided that a license containing the waiver provision shall be granted only by unanimous vote of the members of the licensed organization.
(`70 Code, § 14-32) (Ord. 637, passed 2-10-98)