Agenda - Council - 06/10/2003 - Laserfiche WebLink

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Minnesota Lawful Gambling LG215 Lease for Lawful Gambling Activity 5/03 Page ]. of 2 Nam,e oi' legal owner of premises Street address City State Zip Daytime phone Name of less~r City State Zip Daytime phone (If s_ame as legal owner, write in "SAME") , .,., ?-£ Name o~i~se~l' p'remises ~ree~ address City t Zip Daytime phone Orgarflzadon license number Name~ lessee (organization leasing the premises) Daytime phone Rent l nforrldlatJorl (for activity involving puli-tabs, tipboards, paddlewheels, and pull-tab dispensing devices) Does your organization or any other organization conduct gambling from a booth operation at this location? ,/~'~'~Yes ~, No Booth operation means a me~hod of soiling and redeeming gambling Bar operation means a method of selling and redeeming equipment by an employee (or volunteer) of a licensed organization gambling equipment within a leased premises, licensed for the in a premises the organization leases or owns where such sales and on-sale of alcoholic beverages where such sales and redemptions are made within a separate enclosure that is distin~ redemption are made by an employee of the lessor from a from areas where food and beverages are sold. common area where food and beverages are also sold, if yes, rent is based on the booth operation formula: · For gross profits (net after prizes) of up to $4.,000 in a month, rent may be $0 (o $400. · When gross profiLs (net after prizes) exceed $4,000 in a month, up to ].0% of the gross profits (net after prizes) in excess of $4,000 may be paid in addition to the base rent. BOOTH OPER~AT'~ON Honthly base rent to be paid $ . ~'/O0 ¢o._~.._ Percentage to be paid ./' O % The maximum rent allowed may not exceed $].,.750 in total per month for all organizations at this premises. [f rio, rent is based on the bar operation, formula: , For gross profits (net after prizes) of up to $1,000 in a month, rent may be $0 to $200. · When gross profits (net after prizes) exceed $1,000 in a month, up to 20% of the gross profits (net after prizes) in excess of St,000 may be paid in addition to the base rent. Lessor and lessee negotiated rent may be lower than Lhe maximum rent allowed. BAR OPERA'f3:ON Nonthly base rent to be paid Percentage to be paid % The maximum rent alJowed may not exceed $2,000 in total per month for all organizations at this premises. Rent Information: Bingo 13ingo and/or Bar Bingo Occasions Rent for bingo and all other gambling activities conducted during a bingo occasion may not exceed: · $200 per occasion for up to 6,000 square feet · $300 per occasion for up to 12,000 square feet · $400 per occasion for more than 12,000 square feet · $25 per occasion for bar bingo conducted at any time in a bar (regardless of square footage). Your organization must conduct another form of lawful gambling, and the premises must serve intoxicating liquor or 3.2 percent malt beverages. Rent to be paid per bingo occasion $ Noon Hour Bingo Occasions Rent may not exceed $25 per day for noon hour bingo conducted between ].1 a.m. and 2 p.m. at a premises with a license for the sale of intoxicating beverages on the premises. Rent to be paid per bingo occasion $ Amended Lease Only [f this is an amended lease showing changes occurring during the term of the current premises permit, both parties that signed the lease must initial and date all changes. Changes must be submiLted to the Gambling Control Board" al: least tO days prior ~o the change. Write in the date that the changes will be effective Lessor Date __ Organization Date -134-