§ 480. Application for license. 1. To conduct bingo. (a) Each
applicant for a license to conduct bingo shall, after obtaining an
identification number from the control commission, file with the clerk
of the municipality a written or electronic application therefor in the
form prescribed in the rules and regulations of the control commission,
duly executed and verified, in which such applicant shall state:

(1) the name and address of the applicant together with sufficient
facts relating to such applicant's incorporation and organization to
enable the governing body of the municipality to determine whether or
not the applicant is a bona fide authorized organization;

(2) the names and addresses of the applicant's officers; the place or
places where, and the date or dates and the time or times when, the
applicant intends to conduct bingo under the license applied for;

(3) in case the applicant intends to lease premises for this purpose
from other than an authorized organization, the name and address of the
licensed commercial lessor of such premises, and the capacity or
potential capacity for public assembly purposes of space in any premises
presently owned or occupied by the applicant;

(4) the amount of rent to be paid or other consideration to be given
directly or indirectly for each occasion for use of the premises of
another authorized organization licensed under this article to conduct
bingo or for use of the premises of a licensed commercial lessor;

(5) all other items of expense intended to be incurred or paid in
connection with the holding, operating and conducting of such games of
bingo and the names and addresses of the persons to whom, and the
purposes for which, they are to be paid;

(6) the specific purposes to which the entire net proceeds of such
games of bingo are to be devoted and in what manner; that no commission,
salary, compensation, reward or recompense will be paid to any person
for conducting such bingo game or games or for assisting therein except
as in this article otherwise provided; and such other information as
shall be prescribed by the rules and regulations of the commission.

(b) In each application there shall be designated an active member or
members of the applicant organization under whom the game or games of
bingo will be conducted and to the application shall be appended a
statement executed by the member or members so designated, that he, she
or they will be responsible for the conduct of such bingo games in
accordance with the terms of the license, the rules and regulations of
the commission and this article.

2. Commercial lessor. (a) Each applicant for a license to lease
premises to a licensed organization for the purposes of conducting bingo
therein shall file with the clerk of the municipality an application
therefor in a form prescribed in the rules and regulations of the
control commission duly executed and verified, which shall set forth the
name and address of the applicant; designation and address of the
premises intended to be covered by the license sought; lawful capacity
for public assembly purposes; cost of premises and assessed valuation
for real estate tax purposes, or annual net lease rent, whichever is
applicable; gross rentals received and itemized expenses for the
immediately preceding calendar or fiscal year, if any; gross rentals, if
any, derived from bingo during the last preceding calendar or fiscal
year; computation by which proposed rental schedule was determined;
number of occasions on which applicant anticipates receiving rent for
bingo during the ensuing year or shorter period if applicable; proposed
rent for each such occasion; estimated gross rental income from all
other sources during the ensuing year; estimated expenses itemized for
ensuing year and amount of each item allocated to bingo rentals; a
statement that the applicant in all respects conforms with the
specifications contained in the definition of "authorized commercial
lessor" set forth in section four hundred seventy-six of this article,
and such other information as shall be prescribed by the rules and
regulations of the commission.

(b) At the end of the license period, a recapitulation, in a manner
prescribed in the rules and regulations of the commission, shall be made
as between the licensee and the municipal governing body in respect of
the gross rental actually received during the license period and the fee
paid therefor. The licensee shall pay any deficiency of fee thereby
shown to be due and any excess of fee thereby shown to have been paid
shall be credited to such licensee, in such manner as the commission by
rules and regulations shall prescribe.