All operation and conduct of any raffle shall be under the supervision of a single raffles manager designated by the organization. The manager shall give a fidelity bond in favor of the licensed organization in the amount of $10,000. Such bond shall be conditioned upon the honesty of the raffles manager in the performance of all required duties. Terms of the bond shall provide that notice shall be given in writing to the city not less than 30 days prior to its cancellation. The city may waive this bond requirement by including a waiver provision in the license issued to an organization under this chapter, provided that any license containing such waiver provision shall be granted only by a unanimous vote of the members of the licensed organization.
(Ord. 09-44, passed 2-23-10)