Sec. 14-221. Gross proceeds; use.

 

The gross proceeds of any lottery conducted by the city shall be used solely for community betterment purposes, awarding of prizes, taxes and expenses. Not less than sixty-five (65) percent of the gross proceeds shall be used for the awarding of prizes, and not more than ten (10) percent of the gross proceeds shall be used to pay the expenses of operating the lottery.

 

Source:  Ord. No. 3869, 2, 5-4-92