HomeMy WebLinkAboutNo 824 Amending the Pawnbroker and Currency Exchange Licensing Requirements
ORDINANCE 824
AN ORDINANCE AMENDING THE PAWNBROKER AND
CURRENCY EXCHANGE LICENSING REQUIREMENTS
The Maplewood City Council approves the following changes to the Maplewood Code of
Ordinances:
Section 1.This amends Section 22-20 (Pawnbroker Licensing Application) by clarifying the
licensing requirements for pawnbrokers:
Sec. 22-20. Applications for licenses.
The applicant for a pawnbroker’s 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 pawnbroker’s license. The city council may disapprove an
application for the following reasons:
1.Violation of any provision of the state pawnbroker law contained in Minnesota Statutes.
2.The location of the proposed business does not comply with applicable zoning, building
or fire codes. All pawnbrokers must obtain a conditional use permit.
3.Any one (1) or more of the reasons, conditions or standards for adverse action under
Section 36-435 of the city code.
Section 2.This amendment moves Section 22.1 (Currency Exchange)to Article II.A.:
ARTICLE II. PAWNBROKERS
ARTICLE II.A. CURRENCY EXCHANGE
(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 services incidental 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 or business
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 be transferable.
(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 bepermitted 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)License fee. 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 36-435 of City Code.
Section 3.This ordinance shall take effect after the city publishes it in the official newspaper.
Passed by the Maplewood City Council on April 8, 2002.