§ 5.12.120 RAFFLES MANAGER—BONDS.
   A.   All operation of and the conduct of raffles and poker runs shall be under the supervision of a single raffle or poker run manager designated by the organization.
   B.   The manager shall give a fidelity bond, equal in amount to the aggregate retail value of all prizes to be awarded, in favor of the licensee, conditioned upon his honesty in the performance of his duties. Terms of the bond shall provide that notice shall be given in writing to the licensing authority not less than thirty (30) days prior to its cancellation.
   C.   The raffle manager shall give a fidelity bond in accordance with the above requirements, except where the licensee has obtained a license from another unit of local government for the same raffle and a fidelity bond has been posted with that unit of local government in an amount equal to the aggregate retail value of all prizes to be awarded.
   D.   The Commissioner is authorized to waive this bond requirement or remit the application for review and recommendation before the Law & Government/Liquor Committee as to whether this bond requirement may be waived for raffles with a prize value not to exceed $20,000 by including a waiver provision in the license issued to an organization under this Ordinance, provided that a request for such license containing a waiver provision is approved by unanimous vote of the members of the licensed organization.
(Ord. O-201505-12-020, § XI, passed 5-5-2015; Ord. 7470, passed 3-19-2019)