(A) No annual license fee shall be required of any person keeping or maintaining within the city, penny-coin-in-the-slot machines or devices, without violation of law, if the owner, operator or sponsor of such machines or devices attaches to and exhibits on his application upon making application for such license, a duly and properly executed affidavit of the president or other officer of a nonstock corporation organized and existing under the laws of the state, for benevolent, civic, educational, eleemosynary and philanthropic purposes, stating that:
(1) Not less than 20% of the gross receipts from machines or devices are payable to such nonstock corporation;
(2) The gross receipts paid to such nonstock corporation shall be used solely and completely for benevolent, civic, education, eleemosynary and philanthropic purposes; and
(3) The execution of such affidavit has been authorized and directed by a duly constituted meeting of the members of such nonstock corporation.
(B) Upon the issuance of a license, for which no fee shall be charged as provided in division (A) herein, a decalcomania stamp shall be issued for each such machine or device for which such nonfee license is issued in compliance herewith showing such exemption.
(C) The City Clerk shall not issue any such nonfee license as provided for herein until Council designates, by motion or resolution, the nonstock corporation or corporations which shall be eligible for such nonfee licenses.
(D) Council reserves the right to revoke the nonfee license of any designated nonstock corporation at any time.
('71 Code, § 717.04) (Ord. 187, passed 10-14-66)