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HomeMy WebLinkAbout1991-053 ) ,.' '. ",1~ 1" n o n .~.i I "' RESOLUTION NO. 91-53 A RESOLUTION REGULATING GAMBLING 1. There is hereby imposed a tax, at the rate specified in this resolution, on all lawful gambling conducted in the City of Stillwater by organizations licensed by the Minnesota Charitable Gambling Control Board. 2. On all lawful gambling the tax is three (3%) percent of the gross receipts of a licensed organization from lawful gambling, less prizes actually paid out, payable by the organization. 3. The tax imposed by this section shall be paid on a monthly basis, and shall be reported on a dubplicate copy of the gambling tax return filed with the Minnesota Charitable Gambling Control Board each month. The report shall be an exact duplicate filed with the Minnesota Charitable Gambling Control Board, without deletions or additions, and must contain the signatures of organization officials, as required on the report form. The tax return and the payment of the tax due must be post marked, or if hand delivered then received in the Office of the City Treasurer, on or before the 20th day of the month following the month for which the report is made. 4. Beginning April 1, 1991, any organization licensed by the Minnesota Gambling Control Board to conduct gambling in the City of Stillwater shall contribute ten (10%) percent of its net profits from gambling to the City of Stillwater, to be held in a fund administered and regulated by the City Council for disbursements by the City Council for lawful purposes as set forth in Minnesota Statutes 349.12 Subd. 11. 5. Payments of ten percent of the net profits shall be made on a monthly payment basis. Payments shall be due on the date upon which duplicate monthly gambling tax returns and taxes are due to the City of Stillwater, for the previous month's gambling activity. Payment shall be made by separate check made payable to the Stillwater City Treasurer. Payment shall be remitted to the Office of the City Treasurer, City Hall, 216 North Fourth Street, Stillwater, Minnesota 55082, accompanied by the duplicate Minnesota Gambling tax return and schedules for the monthly reporting period covered. 6. Failure of any organization to pay either the three percent local tax or the ten percent contribution of net profits, as set forth in this Resolution, shall be grounds for the revocation or suspension of the organization's license for 11,1: I ",~ -' f ,,",.: I .. ~. the remainder of the license year. No license shall be granted or renewed if any of these sums remain unpaid. I Enacted by the stilllater City Council this 19th day of March, 1991. I" ! f'"'. {' Attest: M~~