Item Coversheet
 AGENDA ITEM SUMMARY 

Recommendation to Approve the Request from Viper Owners Association of Illinois to Hold a Raffle
1/14/2025
Village Board Meeting

Presenter: Lisa Petersen
Lead Department:Finance
Executive Summary: 
 

Request from Viper Owners Association of Illinois to hold a raffle on February 15, 2025 at the Marriott Hotel located at 50 N Martingale Rd, Schaumburg, IL. Tickets will sell for $10 each. The total dollar amount of prizes awarded is a 50/50 split the pot. Their board voted unanimously to waive the fidelity bond requirement and requests the same from the Village Board. Since the price per raffle ticket is over $5.00 they are requesting a variance to Chapter 117.31 of the Schaumburg Municipal Code.

 Recommended Action:
 

The Village Manager recommends the Village Board approve the request from Viper Owners Association of Illinois to hold a raffle on February 15, 2025, at the Marriot Hotel located at 50 N Martingale Rd, Schaumburg, IL, to approve a variance to Chapter 117.31 since ticket price is over $5, and to waive the fidelity bond requirement. 

 
ATTACHMENTS:
DescriptionType
Raffle ApplicationExhibit
Fidelity Bond WaiverExhibit