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HomeMy WebLinkAbout4.F.5. 2016 Pawn Shop Business Renewals 1111111111 Consent Business 4. F. 5. St-IAi oPEE TO: Mayor and City Council FROM: Lori Hensen, City Clerk DATE: 12/15/2015 SUBJECT: 2016 Pawn Shop Business Renewals (F) Action Sought Approve the applications and grant Pawnbroker Licenses for 2016. Background The city has received two renewal applications for Pawnbroker Business Licenses from PawnXchange, LLC and DRM, LLC of Shakopee dba Excel Pawn & Jewelry. The applications are in order. I have checked with the Finance Department and with the Police Department and they advise that they are unaware of any reason that the licenses should not be renewed. Recommendation 1. Approve the application and grant a Pawnshop License and a Pawnbroker, Precious Metal Dealer and Secondhand Dealer's license to DRM, LLC of Shakopee dba Excel Pawn & Jewelry, Mark Pearson, 450 1st Avenue West. 2. Approve the application and grant a Pawnshop License and a Pawnbroker, Precious Metal Dealer and Secondhand Dealer's license to PawnXchange, LLC, Mark Smith, 1133 Canterbury Road. Reltionship to Vision Goal F: Housekeeping