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c. By December 31st of each calendar year, a licensed organization conducting lawful <br />gambling within the City shall expend seventy five percent (75%) of its expenditures for <br />lawful purposes conducted or located within the City's trade area. The City's “trade area” <br />is defined as, and limited to, Mounds View, Spring Lake Park, Blaine, Shoreview, Arden <br />Hills, New Brighton and Fridley. <br /> <br />d. Each organization licensed to conduct charitable gambling in the City shall report <br />monthly to the City its gross receipts, expenses, and profits from those activities in and <br />the distribution of those profits, itemized as to payee, purpose, amount and date of <br />payment. Organizations licensed to conduct charitable gambling at more than one (1) site <br />must provide the above-mentioned information for each site within the City. These <br />requirements may be satisfied by submission of copies of the monthly reports required by <br />the Gambling Control Board. <br /> <br />SECTION 3. The City Council of the City of Mounds View hereby amends Title 500, <br />Chapter 503, of the Mounds View Municipal Code by amending Section 503.09, subdivision 8, as <br />follows: <br /> <br />Subd. 8. Gambling and Gambling Devices: <br />a. No licensee shall keep, possess or operate or permit the keeping, possession or <br />operation of any slot machines, dice or any gambling device or apparatus equipment on <br />the licensed premises or in any room adjoining the licensed premises in violation of <br />Chapter 349 of Minnesota Statutes and Chapter 518 of the City Code. Licensee shall not <br />permit any gambling therein, except when in conjunction with an event licensed under <br />Minnesota Statutes 349 and sponsored by a fraternal, religious, veteran or other nonprofit <br />organization in the City, which has been in existence for at least three (3) years and has at <br />least thirty (30) active members. <br /> <br />b. No licensee shall conduct or permit to be conducted on any licensed premises “casino” <br />or “Las Vegas” events where guests are allowed to participate in gambling activities, <br />except when said guests are not required to provide monetary consideration for the right <br />to participate in the event. <br /> <br />c. By December 31st of each calendar year, a licensed organization conducting lawful <br />gambling within the City shall expend seventy five percent (75%) of its expenditures for <br />lawful purposes conducted or located within the City's trade area. The City's “trade area” <br />is defined as, and limited to, Mounds View, Spring Lake Park, Blaine, Shoreview, Arden <br />Hills, New Brighton and Fridley. <br /> <br />d. Each organization licensed to conduct charitable gambling in the City shall report <br />monthly to the City its gross receipts, expenses, and profits from those activities in and <br />the distribution of those profits, itemized as to payee, purpose, amount and date of <br />payment. Organizations licensed to conduct charitable gambling at more than one (1) site <br />must provide the above-mentioned information for each site within the City. These <br />requirements may be satisfied by submission of copies of the monthly reports required by <br />the Gambling Control Board. <br /> <br />Page 6