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C -8 <br />• <br />MEMORANDUM <br />TO: Mayor and City Council <br />FROM: Diana Lund, Finance Officer <br />DATE: February 13, 2007 <br />SUBJECT: Approval to Operate a Raffle <br />The attached application is from Capable Partners, Inc. for exemption from a lawful gambling <br />license to hold a raffle at Game Fair on August 10 and August 19, 2007. Capable Partners, Inc. <br />meets all of the requirements which allow them to remain exempt from licensing, primarily from <br />the standpoint that the commodities to be raffled are valued at less than $12,000. <br />Approval requires nothing more than a motion 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 />—21— <br />