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MOUNDS VIEW <br />ty of Mounds View Staff Report <br />Item No: 08E <br />Meeting Date: August 26, 2019 <br />Type of Business: CB <br />City Administrator Review: <br />To: Honorable Mayor and City Council <br />From: Nyle Zikmund, City Administrator <br />Item Title/Subject: Ordinance 965, Amending/Updating Chapter 518 of the <br />Mounds View City Code, Lawful Gambling <br />Background: <br />At the August 5, 2019 Work Session, the City Council discussed some possible changes <br />to Chapter 518, Lawful Gambling; specifically adding language requiring permitted <br />organizations who conduct lawful gambling in the City to contribute 10 percent of their net <br />profits to the City. First reading occurred at the August 12, 2019 Council meeting <br />Discussion: <br />Upon final enactment of the ordinance the Gaming License Holder will be required to <br />continue distribution of the net proceeds to the service area but of the total net proceeds, <br />10% will be directed by the Council. <br />Strategic Plan Strategy/Goal: <br />This supports the Strategic Goal of being a progressive City that is welcoming, and a <br />desirable destination to all ages & cultures, who seek progress through partnerships, <br />and a place where residents can work, live, and play safely and show pride in the <br />community. The infusion of funds into those non -profits that support the diverse <br />populations will enable achievement of this goal. <br />Financial Impact: <br />There is no financial impact to the City. <br />Recommendation: <br />Conduct Second Reading of Ordinance 965, Amending/updating Chapter 518 of the <br />Mounds View City Code, "Lawful Gambling and order summary publication. <br />Respectfully submitted, <br />Nyle Zikmund <br />City Administrator <br />The Mounds View Vision <br />A Thriving Desirable Community <br />