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A licensee shall conduct a bingo game only on property owned or leased by it, or on property the use of which is donated to the licensee, and which property is used by such organization for an office or for performance of the purposes for which the organization is organized. Nothing in this section shall be construed to require that the property owned or leased or used by the organization be owned or leased or used exclusively by such organization. The license issued under this chapter shall authorize the holder thereof to conduct bingo games only on such property, the address of which is stated in the application. In the event the described property ceases to be used as an office or as a place for performance of the purposes for which the license is organized, the license shall have no further force or effect. A new license may be obtained by an eligible organization, upon application under this chapter, when it again owns or leases property, or uses property that is donated to the licensee, for an office or for performance of the purposes for which the organization is organized. (Ord. 928 § 3, 1982: prior code § 4516)