Loading...
HomeMy WebLinkAbout15.F.4. Currency Exchange License Renewal-Game Cash p . /S~'f, CITY OF SHAKOPEE Memorandum CO"SffrIT TO: Mayor and City Council Mark McNeill, City Administrator FROM: Judith S. Cox, City Clerk SUBJECT: Currency Exchange License Renewal- GameCash, Inc. DATE: December 17,2004 INTRODUCTION: . Council is asked to consider adopting a resolution approving an application for a currency exchange license for GameCash, Inc. BACKGROUND: On November 16,2004, City Council held a public hearing on the renewal of three currency exchange licenses. No comments were heard from the public regarding any of the licenses. Two licenses were approved and the license renewal for GameCash, Inc. was tabled to December 7th and again to December 21 st. According to the Minnesota Department of Commerce, the application is still not in order,. at this time. Since the license is ultimately issued by the State, it is recommended that the City take action on the application and advise the State. The State can then issue the license when everything is in order. The Deputy Chief of Police has advised that he is unaware of any reason for the City of Shakopee to object to the granting ofa currency exchange license to Game Cash, Inc, 1100 Canterbury Road. . ALTERNATIVES: 1. Approve the granting of a license. 2. Table the application fot a license without a date certain. This will necessitate advertising for and holding another hearing when the application is in order. 3. Table the application for a license to the next meeting. There is no assurance that the application will be in order in another two weeks. RECOMMENDATION: Staff recommends alternative #1. Since there is no reason for the City to object to the granting of a license by the State, approving the issuance of the license by the City will allow the State to act on the application when the application is in order. RECOMMENDED ACTION: Offer Resolution No. 6164, A Resolution ofthe City of Shako pee, Minnesota, Approving the Application of Game Cash, Inc. for a Currency Exchange License, and move its adoption. g: \clerk\Iicenses\GameCash . . RESOLUTION NO. 6164 A RESOLUTION OF THE CITY OF SHAKOPEE, MINNESOTA, APPROVING THE APPLICATION OF GAME CASH, INC. FOR A CURRENCY EXCHANGE LICENSE WHEREAS, in 1992 Minnesota Statute Section 53A.04 was amended to require a City to approve or disapprove a proposed currency exchange license; and WHEREAS, Game Cash, Inc. has applied for a currency exchange license for a location at 1100 Canterbury Road; and WHEREAS, the City has given published notice of its intention to consider this issue, has solicited testimony from interested persons, and fmds that the application should be approved. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHAKOPEE, MINNESOTA, that it approves the granting of a currency exchange license to Game Cash, Inc., 1100 Canterbury Road. Adopted in Adj. Regular Session of the City Council of the City of Shakopee, Minnesota, held this 21st day of December, 2004. Mayor of the City of Shakopee ATTEST: City Clerk .