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HomeMy WebLinkAbout15.F.3. Pawnshop License Renewals City of Shakopee IS, F. ~J Memorandum TO: Mayor and City Council CONSf~IT Mark McNeill, City Administrator . FROM: Judith S. Cox, City Cler~ SUBJECT: Pawnshop License Renewals DATE: December 11, 2003 INTRODUCTION AND BACKGROUND: On April 19, 1994, the City Council adopted an ordinance requiring the licensing of pawnbrokers, precious metal dealers, secondhand dealers, pawnshops, and their employees. The City received applications from two pawnshops and their employees and licenses were issued. It is appropriate at this time that the licenses are renewed for 2004. Both DRM LLC of Shakopee, dba Excel Pawn and PawnXchange LLC have applied for renewal oftheir licenses. The applications are in order. I have checked with the Chief of Police and he has advised that he is unaware of any reason that the licenses should not be renewed. Officer Matt Conway advises that PawnXchange is having a problem correcting their "uncorrected errors" which are sent back to them daily when they submit their reports. The errors have occurred over the past year and are not getting fixed in a timely manner. City Council is asked to require that PawnXchange correct the errors by April I , 2004. Mr. Mark Smith, ofPawnXchange, explained that the State requires them to purchase a particular software package to use for reporting transactions and his software has different codes than are needed for Minnesota. The problem is 90% complete and he has been assured that it will be completely corrected within a week or so. Mr. Smith advised that his manager will then make the necessary corrections to the entries and he felt that this could be completed by April 1, 2004. (Pursuant to the City Code, the City Clerk will be issuing the pawnshop employee licenses to the qualifying applicants.) RECOMMENDED ACTION: 1. Approve the application and grant a Pawnshop License to DRM LLC of Shakopee, dba Excel Pawn, 450 West First Avenue. Pawnshop License Renewals December II, 2004 Page -2- 2. Approve the application and grant a Pawnbroker, Precious Metal Dealer and Secondhand Dealer's license to Mark Pearson, DRM LLC of Shako pee, dba Excel Pawn, 450 West 1 st Avenue. 3. Approve the application and grant a Pawnshop License to PawnXchange LLC, 1133 Canterbury Road with the condition that the errors to the daily reports are corrected by April 1 , 2004. 4. Approve the application and grant a Pawnbroker, Precious Metal Dealer and Secondhand Dealer's license to Mark Smith and Sherri Marzario, PawnXchange LLC, 1133 Canterbury Road. I:PawnshopCCMemo