Item Coversheet

*5.A.5.


Shakopee City Council
December 20, 2022


FROM:Heidi Emerson, Deputy City Clerk
TO:Mayor and Council Members
Subject:

Approve a Pawnbroker Business License for Excel Pawn Inc. dba Excel Pawn & Jewelry.

 

Approve a Pawnbroker Business License for Pawn Xchange LLC.

Policy/Action Requested:

Approve a Pawnbroker Business License for Excel Pawn Inc. dba Excel Pawn & Jewelry.

 

Approve a Pawnbroker Business License for Pawn Xchange LLC.

Recommendation:
Approve the above requested motion.
Discussion:

Staff has received Pawnbroker business license renewal applications for the following businesses:

 

-Pawn Xchange

-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 these licenses should not be renewed.

Budget Impact: