HomeMy WebLinkAboutNo 820 Amending Chapter 22 Pertaining to Pawnbrokers and Adding Language to Regulate Currency Exchange Businesses
ORDINANCE 820
AN ORDINANCE AMENDING CHAPTER 22 OF CITY CODE PERTAINING TO
PAWNBROKERS AND ADDING LANGUAGE TO REGULATE CURRENCY
EXCHANGE BUSINESSES
The Maplewood City Council hereby ordains as follows:
Section 1. Sec. 22-16, is amended as follows:
(a)No person shall exercise, carry on or engage in the trade or business of pawnbroker
within the city without first having obtained a license, from the city, to do so in
conformance with the provisions of this article.
(b)Each license shall be issued to the applicant only and shall not be transferable.
(c)Each license shall be issued only for the premises described in the application and
shall not be transferable to a different location.
(d)No change in ownership, control or location of a licenseshall be permitted except by
amendment to the license. Such license amendment must be approved by City
Council.
(e)No more than one (1) pawnbroker license shall be issued by the City at any time. The
city shall give priority to qualified applicants for renewal of an existing license.
Section 2. Sec. 22-1 is added as follows :
(a)Definition. The term “currency exchange” is defined in Minnesota Statutes Section
53A.01, subdivision 1. Currency exchange means any person, except a bank,
trust company, savings bank, savings and loan association, credit union, or
industrial loan or thrift company, engaged in the business of cashing checks,
drafts, money orders or travelers’ checks for a fee. Currency exchange does not
include a person who provides these servicesincidental to the person’s primary
business if the charge for cashing a check or draft does not exceed one dollar
($1.00) or one (1) percent of the value of the check or draft, whichever is greater.
(b)License required. No person shall exercise, carry on or engage in the trade of
currency exchange in Maplewood without first having obtained a license from the
city to do so in conformance with this Chapter and Minnesota Statutes Chapter
53A.
(c)Each license shall be issued to the applicant only and shall not betransferable.
(d)Each license shall be issued only for the premises described in the application and
shall not be transferable to a different location.
(e)No change in ownership, control or location of a license shall be permitted except by
amendment to the license. Such license amendment must be approved by the City
Council.
(f)No more than one (1) currency exchange license shall be issued by the City at any
time. The City shall give priority to qualified applicants for renewal of an existing
license.
(g)Licensefee. The amount of the annual license fee for a currency exchange license
under this article shall be imposed, established, set and fixed by the City Council,
by resolution, from time to time.
(h)Applications for license. The applicant for a currency exchange license under this
article shall apply to the city clerk for such license and a copy thereof shall be
forwarded to the chief of police. The chief of police, or an officer duly detailed by
the chief for such purpose, shall investigate the applicant and report the results of
such investigation to the City Council.
The City Council must approve all currency exchange licenses. The City Council
may disapprove an application for the following reasons:
1.Violation of any provision of the state currency exchange law contained in Chapter
53A.
2.The location of the proposed business does not comply with applicable zoning,
building or fire codes. All currency exchange businesses must obtain a
Conditional Use Permit.
3.Any one (1) or more of the reasons, conditions, or standards for adverse action
under Section 36-436 of City Code.
Passed by the Maplewood City Council on December 10, 2001.