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Ordinance 691 <br />January 14,2002 <br />Page 2 <br /> <br /> <br /> <br />SECTION 2. SECTION 503.08, Subdivision 2. Gambling and Gambling <br />Devices is amended to read as follows: <br /> <br />(a). No licensee shall keep, possess or operate or permit the <br />keeping, possession or operation of any slot machines, dice or any gambling <br />device or apparatus on the licensed premises or in any room adjoining the <br />licensed premises. Licensee shall not permit any gambling therein, except <br />when in conjunction with an event licensed under Minnesota Statutes 349 <br />and sponsored by a fraternal, religious, veteran or other nonprofit <br />organization having its registered office located in the City, which has been <br />in existence for at least three (3) years and has at least thirty (30) active <br />members. (1988 Code §100.08) <br /> <br /> (b). No licensee shall conduct or permit to be conducted on any <br />licensed premises "casino" or "Las Vegas" events where guests are allowed <br />to participate in gambling activities, except when said guests are not <br />required to provide monetary consideration for the right to participate in the <br />event. <br /> <br />(c). Each organization licensed to conduct lawful gambling within <br />the City must contribute ten percent (10%) of its net profits derived from <br />lawful gambling in the City to a fund administered and regulated by the <br />City without cost to the fund for disbursement by the City of such receipts <br />for lawful purposes. <br /> <br /> <br />SECTION 3. This ordinance takes effect 30 days after its publication. <br /> <br /> First read by the City Council of the City of Mounds View this 10th day of <br />December, 2001. <br /> <br /> Read and passed by the City Council of the City of Mounds View this __th <br />day of ________, 2002. <br /> <br /> <br /> <br /> <br /> <br /> <br />