(A) The aggregate retail value of all prizes or merchandise awarded by a licensee in a single raffle shall not exceed the sum of $100,000.
(B) The maximum retail value of each prize awarded by a licensee in a single raffle shall not exceed the sum of $50,000.
(C) The maximum price which may be charged for each raffle chance issued or sold by a licensee shall not exceed the sum of $100.
(D) The maximum number of days during which chances may be issued or sold by a licensee for a single raffle shall not exceed 180 days.
(E) The maximum number of days during which a licensee may award a prize or merchandise shall not exceed 31 days.
(F) Any organization seeking to award prizes or merchandise exceeding the limitations as set forth above, shall request and receive approval from the City Council. Such request shall be specific as to the amount and/or number of days above and beyond the above limitations.
(Ord. 07-08, passed 4-9-07; Am. Ord. 07-36, passed 12-10-07; Am. Ord. 13-07, passed 3-11-13; Am. Ord. 15-28, passed 11-9-15) Penalty, see § 117.99