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Agenda Packets - 2021/11/22
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Agenda Packets - 2021/11/22
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Last modified
1/28/2025 4:51:11 PM
Creation date
12/14/2021 9:15:44 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/22/2021
Supplemental fields
City Council Document Type
Packets
Date
11/22/2021
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MINNESOTA LAWFUL GAMBLING <br />LG215 Lease for Lawful Gambling Activity <br />6/15 Page 1 of 2 <br />LEASE INFORMATION <br />O0 niz: License/Site Number: Daytime Phone: 1Q70 <br />: <br />ddress: City: State: Zip: <br />l b ;�5 005 how B/ va' r/v o ver Mn 65_131!N <br />Name of Leased Premises: Street Address: <br />Uitu) Nvd. <br />City: State: Zip: Daytime Phone: <br />MN s s) M 7-78'a-d 900 <br />Name of Legal Owner: Business/Street Address: <br />I I v i v►� eA JC sa 2- <br />City: I State: Zip: Daytime Phone: <br />Name of Lessor (if same as legal owner, write "SAME"): Address: <br />City: State: Zip: Daytime Phone: <br />Check applicable item: / <br />® New or amended lease. Effective date: I'R A) Of f/jhgA Submit changes at least ten days before the effective date <br />aof the change. <br />New owner. Effective date: Submit new lease within ten days after new lessor assumes ownership. <br />CHECK ALL ACTIVITY THAT WILL BE CONDUCTED (no lease required for raffles) <br />Pull -Tabs (paper) [Z Electronic Pull -Tabs <br />Pull -Tabs (paper) with dispensing device 10 Electronic Linked Bingo <br />Bar Bingo FJBingo Electronic games may only be conducted: <br />1. at a premises licensed for the on -sale of intoxicating liquor <br />Tipboards or the on -sale of 3.2% malt beverages; or <br />Paddlewheel FjPacicllewheel with table 2, at a premises where bingo is conducted as the primary <br />business and has a seating capacity of at least 100. <br />PULL -TAB, TIPBOARD, AND PADDLEWHEEL RENT (separate rent for booth and bar ops) <br />BOOTH OPERATION: Some or all sales of gambling equipment are conducted by an employee/volunteer of a licensed organization at <br />the leased premises. <br />ALL GAMES, including electronic games: Monthly rent to be paid: LQ—%, not to exceed SO% of gross profits for that month. <br />• Total rent paid from all organizations for only booth operations at the leased premises may not exceed $1,750. <br />• The rent cap does not include BAR OPERATION rent for electronic games conducted by the lessor. <br />BAR OPERATION: All sales of gambling equipment conducted by the lessor or lessor's employee. <br />ELECTRONIC GAMES: Monthly rent to be paid: I S %, not to exceed 15% of the gross profits for that month from electronic pull -tab <br />games and electronic linked bingo games. <br />ALL OTHER GAMES: Monthly rent to be paid: 1 i�%, not to exceed 20% of gross profits from all other forms of lawful gambling. <br />• If any booth sales conducted by a licensed organization at the premises, rent may not exceed 10% of gross profits for that month <br />and is subject to booth operation $1,750 cap. <br />BINGO RENT (for leased premises where bingo is the primary business conducted, such as bingo hall) <br />BingXRato <br />ed to one of the following: <br />•paid: %, not to exceed 10% of the monthly gross profit from all lawful gambling activities held during bingo <br />xcluding bar bingo. <br />•paid: $ per square foot, not to exceed 110% of a comparable cost per square foot for leased space, as <br />y the director of the Gambling Control Board. The lessor must attach documentation, verified by the organization, to <br />comparable rate and all applicable costs to be paid by the organization to the lessor. <br />may not be paid for bar bingo. <br />Bar bingo does not include bingo games linked to other permitted premises. <br />LEASE TERMINATION CLAUSE (must be completed) <br />The lease may be terminated by either party with a written 0L) day notice. Other terms: <br />
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