Discussion:
City staff has received renewal applications for pawnbroker business licenses from the following:
- Pawn Exchange, LLC
- Excel Pawn Inc. dba Excel Pawn & Jewelry
City Code 113.08 (C) states: Every licensee shall pay a billable transaction license fee for each billable transaction handled by the licensee. The amount of the fee shall be set by resolution of the Council in an amount that reflects the cost of processing billable transactions. Billable transaction license fees shall be billed monthly and are due and payable within 30 days.
Pawn Exchange has repeatedly had invoices that are 30, 60 or 90 days past due. When their license is due for renewal they pay any outstanding invoices.
Excel Pawn Inc. has all documents and fees in order. The Finance Department and the Police Department have advised that they are unaware of any reason that their license should not be renewed.
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Discussion:
City staff has received renewal applications for pawnbroker business licenses from the following:
- Pawn Exchange, LLC
- Excel Pawn Inc. dba Excel Pawn & Jewelry
The applications are in order. The Finance Department and the Police Department have advised that they are unaware of any reason that the licenses should not be renewed.
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