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I CASE NO. ~ <br /> <br />I <br />I <br /> <br />I <br />I <br />I <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />AMENDMENT TO PAWNBROKERS LICENSING <br /> SECTION OF THE CITY CODE <br /> <br />By: <br /> <br />Police chief Gustafson and <br />William K. Goodrich, city Attorney <br /> <br />Background: <br /> <br />The Minnesota legislature has amended the statute regulating <br />pawnbrokers and licensing of pawnbrokers. Each municipality needs <br />to be at least as restrictive as is the State statute. A review of <br />the State statute indicates that the City needs to amend its <br />ordinance by requiring that pawnbrokers maintain the property <br />pledged for at least 60 days as opposed to the City's current 30 <br />day requirement. Also, pawnbrokers are now required to print on <br />each pawn ticket a statement with regard to the pledgor's rights of <br />redemption, etc. with regard to the pledged property. The enclosed <br />ordinance is intended to address these two requirements. <br /> <br />Recommendation: <br /> <br />city staff recommends introduction of the enclosed ordinance. <br />Council Action: <br /> <br />Motion to introduce Ordinance No. 97- which is an ordinance <br />amending the City's pawnbroker's section of the City Code. <br /> <br />Review Checklist: <br />city Administrator <br /> <br /> <br />