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misdemeanor involving theft, dishonesty or'false statement, or involving the sale or <br /> possession of a controlled substance within five (5} years i~c~l~prier-to-tlte <br /> issuanso-ofa-lie-~tse or has ever boeu convicted of a crime involving gambling rn• has <br /> ever had a license issued Uy the Board or Director revoked for a violation of law or <br /> Board 12u1e regulating lawful gambling. <br /> <br /> (D) All licensees and pertnitees in the City shall have an annual audit done ase-a-.~"'~'~rcrvcd <br /> }~u{tlic-a ^ ~;t,~~-fiao-rtc-ial-aut#t~ofitslawfulgamblingactivities <br /> and funds^filed with the Gambling Control Board pursuant to Minn. Stat. Sect. <br /> 349.19. The audit nntst comply with the standards pt°escribed by the Gambling <br /> Control Board and must provide for the reconciliation oi'the organization's gambling <br /> account or accounts with the organizations reports filed under Minn. Seat. Sect. <br /> 349.19, Subd. S and Minn. Stat. Sect. 349.154. The filing of a copy of the audit <br /> submitted to the Gambling Control Board pursuant to Minn. StaL. Sect. 349.19 shall <br /> be sufficient to satisfy this requirement if the audit complies with this Section. <br /> (E) The organization shall submit an auditlay-atr'+ndependent-certified-publie~c~;ahnkant <br /> to the City ou an annual basis. The audiC shall be delivered to the City no Later than <br /> six (6) months from the end of the organizations fiscal year or the date of filing of <br /> the audit with the Ciantbling Control Board, whichever is sooner. <br /> (P) Au org~nizationat license and/or premises permit approved by the City under this <br /> Ordinance may be suspended by the City for violation of Ordinance or revoked 1'or <br /> failure to meet else qualifications set ttp in Sections 815.020 and 815.025, or for a <br /> violation of any part of Section 81 S of the City's Ordinance, or for a failure to <br /> comply, for any reason with any provision, guarantee, or claim made in any <br /> applicant's original license application to either the City or the State of Minnesota. <br /> (G) No license or permit approved by the City, inchding any bingo hail license, grants <br /> the licensee a property right or entitlement to a license or perrniC. 'The City may <br /> refuse to issue, renew m' may revoke the license or perutie 4'a any reason and will not <br /> incur liability for any damages including, but noe limited Co, direct, consequential or <br /> incidental damages, deprivation ofpropet•ty, loss of income, loss of profits, or loss of <br /> Livelihood. <br /> (1-1) The holder of au organizational license, premises permit or bingo hall license shalt <br /> notify the City in writing of any change in the information required under Sectiiou <br /> 815.020 (8) within ten (10) days. As a condition ofthe approval of an orrzauizatioual <br /> license, premises permit or bingo hall license, a licensee shall consent to the access <br /> by the City to its financial records, and failure to co~tsettt to the access of these <br /> records shall be grounds for the revocation or suspension o£ the organizational <br /> license premises permit or bingo hall license. <br /> (I) On or before Che one (I) year anniversary of the issuance ofan organizational license <br /> 815-4 <br /> 5 <br /> <br />