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MINNESOTA LAWFUL GAMBLING <br />LG215 Lease for Lawful Gambling Activity <br />LEASE INFORMATION <br />Organization: License/Site Number: Daytime Phone: <br />Address: City: State: Zip: <br />Name of Leased Premises: Street Address: <br />City: State: <br />MN <br />Zip: Daytime Phone: <br />Name of Legal Owner: Business/Street Address: <br />City: State: Zip: Daytime Phone: <br />Name of Lessor (if same as legal owner, write “SAME”): Address: <br />City: State: Zip: Daytime Phone: <br />Check applicable item: <br />___ New or amended lease. Effective date: _______________. Submit changes at least ten days before the effective date <br />of the change. <br />___ New owner. Effective date: _______________. Submit new lease within ten days after new lessor assumes ownership. <br />CHECK ALL ACTIVITY THAT WILL BE CONDUCTED (no lease required for raffles) <br />___ Pull-Tabs (paper) <br />___ Pull-Tabs (paper) with dispensing device <br />___ Bar Bingo ___ Bingo <br />___ Tipboards <br />___ Paddlewheel ___ Paddlewheel with table <br />___ Electronic Pull-Tabs <br />___ Electronic Linked Bingo <br />Electronic games may only be conducted: <br />1.at a premises licensed for the on-sale of intoxicating liquor <br />or the on-sale of 3.2% malt beverages; or <br />2.at a premises where bingo is conducted as the primary <br />business and has a seating capacity of at least 100. <br />PULL-TAB, TIPBOARD, AND PADDLEWHEEL RENT (separate rent for booth and bar ops) <br />BOOTH OPERATION: Some or all sales of gambling equipment are conducted by an employee/volunteer of a licensed organization at <br />the leased premises. <br />ALL GAMES, including electronic games: Monthly rent to be paid: ____%, not to exceed 10% of gross profits for that month. <br />Total rent paid from all organizations for only booth operations at the leased premises may not exceed $1,750. <br />The rent cap does not include BAR OPERATION rent for electronic games conducted by the lessor. <br />BAR OPERATION: All sales of gambling equipment conducted by the lessor or lessor’s employee. <br />ELECTRONIC GAMES: Monthly rent to be paid: _____%, not to exceed 15% of the gross profits for that month from electronic pull-tab <br />games and electronic linked bingo games. <br />ALL OTHER GAMES: Monthly rent to be paid: _____%, not to exceed 20% of gross profits from all other forms of lawful gambling. <br />If any booth sales conducted by a licensed organization at the premises, rent may not exceed 10% of gross profits for that month <br />and is subject to booth operation $1,750 cap. <br />BINGO RENT (for leased premises where bingo is the primary business conducted, such as bingo hall) <br />Bingo rent is limited to one of the following: <br />Rent to be paid: ______ %, not to exceed 10% of the monthly gross profit from all lawful gambling activities held during bingo <br />occasions, excluding bar bingo. <br />- OR - <br />Rate to be paid: $ ___________ per square foot, not to exceed 110% of a comparable cost per square foot for leased space, as <br />approved by the director of the Gambling Control Board. The lessor must attach documentation, verified by the organization, to <br />confirm the comparable rate and all applicable costs to be paid by the organization to the lessor. <br /> Rent may not be paid for bar bingo. <br /> Bar bingo does not include bingo games linked to other permitted premises. <br />LEASE TERMINATION CLAUSE (must be completed) <br />The lease may be terminated by either party with a written _______ day notice. Other terms: <br />6/15 Page 1 of 2 <br />Page 138 of 211