A. Aggregate Retail Value: The aggregate retail value of all prizes or merchandise awarded by a licensee and received by a player or players in a single raffle shall not exceed three million dollars ($3,000,000.00). "Aggregate retail value of all prizes or merchandise awarded" shall mean the gross value, before taxes, of all the prizes or merchandise awarded in a single raffle.
B. Retail Value: The maximum retail value of each prize awarded by a licensee and received by a player or players in a single raffle shall be three million dollars ($3,000,000.00). "Maximum retail value of each prize awarded" shall mean the gross value, before taxes, of each single prize awarded in a single raffle.
C. Maximum Price: The maximum price which may be charged for each raffle chance issued or sold shall be one hundred dollars ($100.00).
D. Maximum Days: The maximum number of days during which chances may be issued or sold is four hundred (400).
E. Notice To Terminate: In the event that the Chief of Police (or designee) determines that a proposed raffle is adversely impacting City services or the safety of the community due to size, traffic, security or other reasons, a notice may be issued requiring the game be brought to an end within seven (7) days.
(Ord. 19-1203, 9-3-2019; amd. Ord. 22-39, 6-6-2022)