Section 480. Application for license

1.  To  conduct  bingo.  (a) Each
  applicant for a license shall, after obtaining an identification  number
  from  the  control commission, file with the clerk of the municipality a
  written application therefor in the form prescribed  in  the  rules  and
  regulations  of  the  control commission, duly executed and verified, in
  which shall be stated:
    (1) the name and address of the  applicant  together  with  sufficient
  facts  relating  to  its  incorporation  and  organization to enable the
  governing body of the municipality to determine whether or not it  is  a
  bona fide authorized organization;
    (2)  the  names  and  addresses  of  its officers; the place or places
  where, 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  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 such rules and regulations.
    (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  or
  they  will  be  responsible  for  the  conduct  of  such  bingo games in
  accordance with the terms of the license, and the rules and  regulations
  of the commission and of 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  a  written
  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 such rules and
  regulations.
    (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,  and any deficiency of fee thereby shown to be due shall
  be paid by the licensee and any excess of fee thereby shown to have been
  paid shall  be  credited  to  said  licensee,  in  such  manner  as  the
  commission by rules and regulations shall prescribe.