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Agenda - Council - 10/25/2005
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Agenda - Council - 10/25/2005
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3/21/2025 1:57:42 PM
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10/24/2005 11:45:29 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
10/25/2005
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Minnesota Lawful Gambling <br />LG2'I5 Lease for Lawful Gambling Activity <br /> <br />l Name of leased~r~mioes ~ S~reet address ~i~ State <br /> <br />~Name of legal owner of premises ~ Business/street address C~y _ State <br /> <br />/ Nan~e of lessor (if same as legal ~ Business/street ~ddress C~y '" / ' Stale <br />~owner, write in "SAME") i ' ~ <br /> <br /> 8/05 <br />Page 1 of 2 <br /> <br />Zip <br /> <br />Zip Daydnle phone <br />Zip Daytime phone <br /> <br /> Checl( all activities that will be conducted: <br />;'7~Pull-tabs ~Pufl-tabs with dispensing device __Tipboards .~Paddlewheel ~Paddlewheel witi~ table ~Bfngo ~aar bingo <br /> Pull-tab, Tipboard, and Paddlewheet Rent (No lease required for raffles.) <br /> Booth operation - ~ales of gambling equipment by an employee Bar ogeratioo - sales of gambling equipment within a leased <br /> (or volunteer) of a licensed organization within a separate enclosure premises by an employee of the lessor (rom a common area where <br /> that is distinct from areas where food and beverages are sold. food and beverages are also ~old.. ' <br /> <br />Does your organization OR any other organization conduct gambling <br />from a booth operation at this location? . Yes ~ No <br /> <br />Jf you answered ye~ to the question aoov_e, rent limits are <br />based on the following combinations of operation: Booth ope~tion <br /> Booth operation and pull-tab dispensing device <br /> Booth operation and bar operation <br /> Booth operation, bar operation, and pull-tab dispensing device <br /> <br /> The maximum rent allowed may not exceed $1,750 in ~otal <br /> per month for all organizations at this premises. <br /> <br />Complete one'option: <br />Option A: 0 to 10% of th.e gross profits per rnonth. <br />Percentage to be paid /_/) % <br />Option B: When gross profits are $4,000 or less per month, $0 to' <br />$400 per month may be paid. Amount to be paid $. <br /> <br />Option ¢: $0 to $400 per month may be paid on the first $4,000 <br />of gross profit. Amount to be paid $ . P~us 0% to <br />10% of the gross profits maybe paid per month on gross profits <br />over $4,000. Percentage to be paid __% <br /> <br /> Bingo Rent <br /> Option D: 0 to 10% of the gross profits per month from all lawful <br /> gambling activities held during bingo occasions, excluding bar bingo. <br /> Percentage to be paid ~% <br /> <br /> Option I~; A rate based on a cost per square foot not to exceed 110°'o <br /> of a comparable cost per square foot for leased space, as approved by <br /> the director of the Gambling Control Board. No rent may be paid for bar <br /> bingo. Rate to be paid' $~ per square foot. <br /> The lessor must attach documentation, verified bythe organization, to <br /> confirm the comparable rate and all applicable costs to be paid by the <br /> organization to the lessor. <br /> <br />Amended <br />Lease <br />Only <br /> <br />,ti you answered i~O to the question above, rent limits are <br />, based on the following combinations of operation'. <br />- Bar operation ' <br />i- Bar operation with pull-t~b dispensing device <br />- Pulbtab dispensing device onty <br /> <br /> The maximum rent allowed may not exceed $2,.500 in total <br /> per month for all organizations 'at this premises. <br /> <br /> Complete one option: <br /> Option A: 0 to 20% of the gross profits per month. <br />IPercentage to be pai. d % <br /> <br />Option B: When gross profits are $1,000 or less per month, $0 <br />to $2.00 per month may be paid. Amount to be Paid $ <br /> <br />Option C: $0 to $200 per month may be paid on the first $1,000 <br />of gross profits. Amountto be paid $_ Plus 0% to <br />20% of the gross profits may be paid per month on gross profits <br />over $1,000. Percentage to be paid % <br /> <br /> Bar Bingo Rent <br /> <br />~ Option ~: No rent may be paid for bingo <br />conducted in a bar. <br /> <br />For any new bingo activib/not previously <br />inc uded n a Premises Perm tAppl cation, { <br />attach a separatesheet of paper, listing the I <br />days and hours thai: bingo will be conducted. _1 <br /> <br />If (his is an amended tease showing changes occurring during the term o(the current premises permit, both pa~ties <br /> Gambhn Control <br />that signedtbe lease musc initial and date ali changes. Changes must.be subrni~:ed to the ' g _ · Board <br />at least !0 d~¥s prior to the change. Write in the date that the changes will be effective ./ /__. <br /> <br />Lessor Date ~ Organization Date <br /> <br />-130- <br /> <br /> <br />
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