Agenda Packets - 2019/08/26 - Laserfiche WebLink

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Ordinance No. 965 Page 3 hearing is held. If the permitted person requests a hearing, the Council shall hold a hearing on the matter at least one (1) week after the date on which the request is made. If, as a result of the hearing, the Council finds that an ordinance violation exists, then the Council may suspend or revoke the permit. SECTION 3. The City Council of the City of Mounds View hereby amends Title 500, Chapter 518.09, of the Mounds View Municipal Code by adding the double -underlined material and deleting the sken material as follows: 518.09 LICENSE AND PERMIT DISPLAY: All pefmi6 licenses_ issued under state law or permits issued under this Section shall be prominently displayed du mit ye at the premises where gambling is conducted. SECTION 4. The City Council of the City of Mounds View hereby amends Title 500, Chapter 518.12, of the Mounds View Municipal Code by adding the double -underlined material as follows: 518.12 CONTRIBUTION OF NET PROFITS TO FUND ADMINISTERED BY CITY: Subd. 1. Each organization licensed to conduct lawful gambling within the City pursuant to Minnesota Statutes, Section 349.16, as it may be amended from time to time, shall contribute ten (10) percent of its net profits derived from lawful gambling in the City to a fund administered and regulated by the City without cost to the fund. Subd. 2. Payment under this section shall be made annually on or before March 1 for the prior calendar year, and shall be submitted together with verifiable supporting documentation. Subd. 3. The City shall disburse the funds for charitable contributions as defined by Minnesota Statutes Section 349.12. Subdivision 7a, as it may be amended from to time. Subd. 4. The Citv must. by March 15 of each year, file a report with the board that lists all such revenues collected. interest received on fund balances, and expenditures for the previous calendar year and must acknowledge financial contributions of organizations conducting lawful gambling to the community and to the recipients of the funds.