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HomeMy WebLinkAbout2392-10 - ADMIN Ordinance - City Council - 2010/10/18ORDINANCE NO. 2392-10 CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA AN ORDINANCE AMENDING CHAPTER 15 OF THE ST. LOUIS PARK CODE OF ORDINANCES RELATING TO GAMBLING THE CITY OF ST. LOUIS PARK DOES ORDAIN: SECTION 1. Section 15-8 of the City Code is hereby amended to read as follows: Sec. 15-8. Distribution of Proceeds (a) Each organization licensed to conduct gambling within the city shall contribute to a fund administered and regulated by the City, for distribution by the city for lawful purposes authorized under Minnesota Statute an amount equal to ten percent (10%) of the organization's net profits derived from each individual site at which lawful gambling is conducted within the city. For purposes of this section, net profits are profits less amounts expended for allowable expenses. Organizations that either expend 100 percent of their lawful purpose expenditures within the city of St. Louis Park or conduct the lawful gambling activity on a premises owned and operated by a nonprofit corporation are exempt from making the 10 percent contribution to the city. (b) Each organization conducting lawful gambling within the city must expend 90 percent of its lawful purpose expenditures on lawful purposes conducted or located within the trade area. The contribution required in subsection (a) above shall be considered as part of the 90 percent expenditure. This section applies only to lawful purpose expenditures of gross profits derived from lawful gambling conducted on a premises within the city. At the end of each organization's fiscal year, each organization must file with the city a report prepared by an independent certified public accountant documenting compliance with the requirements of this section. In addition, each organization must submit monthly to the city a completed Schedule C/D-LG1010. SECTION 2. Section 15-9 of the City Code is hereby amended to read as follows: Sec. 15-9. Local tax. Any organization authorized to conduct lawful gambling shall pay to the city on a prorated monthly basis a local gambling tax in the annual amount of one perccnt} $3,000 per premises or three percent of the gross receipts of a licensed organization from all lawful gambling less prizes actually paid out by the organization, whichever is less. Payment shall be made no later than 25 days after the end of the preceding month and shall be accompanied by a copy of the monthly return filed with the Minnesota Department of Revenue. Ordinance No. 2392-10 -2- SECTION 3. This ordinance shall be deemed adopted and take effect on January 1, 2011. Public Hearing First Reading September 7, 2010 First Reading continued October 4, 2010 Second Reading October 18, 2010 Summary Ordinance Published October 28, 2010 Ordinance takes effect January 1, 2011 Rev' . ; d fAdministration: City Attest: a er Adopted by the City Council October 18, 2010 Mayor Approved_as to form and exec tion: newspapers AFFIDAVIT OF PUBLICATION STATE OF MINNESOTA ) ss COUNTY OF HENNEPIN ) Richard Hendrickson, being duly sworn on an oath, states or affirms that he is the Chief Financial Officer of the newspaper(s) known as St Louis Park Sun -Sailor and has full knowledge of the facts stated below (A) The newspaper has complied with all of the requirements constituting qualifica- tion as a qualified newspaper as provid- ed by Minn Stat §331A 02, §331A 07, and other applicable laws as amended (B) The printed public notice that is attached was published in said newspaper(s) once each week, for one successive week(s), it was first published on Thurs- day, the 28 day of October 2010, and was thereafter printed and published on every Thursday to and in- cluding Thursday, the day of 2010, and printed below is a copy of the lower case alpha- bet from A to Z, both inclusive, which is hereby acknowledged as being the size and kind of type used in the composition and publication of the notice: abc. - • . pgrstuvwxyz City of St. Louis Park (Official Publication) SUMMARY ORDINANCE NO 2392-10 CITY OF ST. LOUIS PARK HENNEPIN COUNTY, MINNESOTA AN ORDINANCE AMENDING CHAPTER 15 OFTHE ST LOUIS PARK CODE OF ORDINANCES RELATING TO GAMBLING This ordinance amends the gambling licensing provisions for the City of St Louis Park regarding local gambling tax and distribution of proceeds This ordinance shall take ef- fect January 1, 2011 Adopted by the City Council October 18, 2010 Jeffrey W Jacobs /s/ Mayor A copy of the full text of this ordinance is available for in- spection with the City Clerk (Oct 28, 2010) A3 Ord # 2392-10 BY CFO Subscribed and sworn to or affirmed before me on this 28 day of October , 2010 94Z-Ze-;4- j-) 7 Notary Public Ilk k g JULIA 1 NELKENN I10TARI PUBLIC MINNESOTA '�� itv Gomm Expnes,Ion 31 2015