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MEMORANDUM <br /> <br />TO: Mayor and City Council <br /> <br />FROM: Diana Lund, Finance Officer <br />DATE: February 22, 2005 <br /> <br />SUBJECT: Approval to Operate a Raffle Tipboards & Bingo <br /> <br />The attached application is from RamseY Event promotions, Inc. for exemption from a lawful <br />gambling license to hold a raffle, fipboards and b!ngo on July 4, 2005 at Diamonds Sports Bar <br />and Grill. City approval/denial is rlecessary Undei: the State Statues. The Ramsey Event <br />Promotions, Inc. meets all of the r~uirements which allows them to remain exempt from <br />licensing, primarily from the standpoint tha[the commodities to be raffled are valued at less than <br />$12,000. <br /> <br />Approval requires nothing more than a imOtion followed by a letter to the Gambling Control <br />Board, while if the request is denied, a formal resOlution for denial would need to be prepared <br />and submitted to the Gambling control Board. <br /> <br /> <br />