The following limitations shall apply as to prizes, merchandise and chances in connection with any raffle conducted within the city.
(A) The aggregate retail value of all prizes or merchandise awarded by a licensee in connection with a single raffle shall not exceed $25,000.
(B) The maximum retail value of each prize awarded by a licensee in a single raffle shall not exceed $25,000.
(C) The maximum price which may be charged for each raffle chance issued or sold shall not exceed $100.
(D) The maximum number of days during which chances may be issued or sold shall not exceed 365 days.
(Ord. 1114, passed 6-16-1987)