Discussion:
City staff has received renewal application for pawnbroker business licenses for the following:
- Pawn Xchange 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 fees shall be billed monthly and are due and payable within 30 days.
The Finance Department and the Police Department have advised that they are unaware of any reason that their license should not be renewed.