[CC 1999 §15-71; Ord. No. 94-96, 10-31-1994]
A. No person
shall operate a pawnshop unless such person obtains a municipal pawnshop
license issued pursuant to this Chapter. The City Treasurer may issue
a pawnshop license to any person who meets the qualifications of this
Chapter. To be eligible for a pawnshop license, an applicant shall:
1. Be of
good moral character;
2. Have
net assets of at least fifty thousand dollars ($50,000.00) readily
available for use in conducting business as a pawnshop for each licensed
pawnshop; and
3. Show
that the pawnshop will be operated lawfully and fairly within the
purposes set forth in Sections 367.011 to 367.060, RSMo.
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In addition to the qualifications specified in Subsections (1), (2) and (3) of this Section, the City may also refuse to issue a pawnshop license to any applicant who has a felony or violation of an ordinance conviction which directly relates to the duties and responsibilities of the occupation of pawnbroker or otherwise makes the applicant presently unfit for a pawnshop license.
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[CC 1999 §15-72; Ord. No. 94-96, 10-31-1994]
If the City is unable to verify that the applicant meets the
net assets requirement for a license as a pawnshop, the City may require
a finding, including presentation of a current balance sheet by an
independent certified public accountant, that the accountant has reviewed
the books and records of the applicant and that the applicant meets
the net asset requirements of this Section.
[CC 1999 §15-73; Ord. No. 94-96, 10-31-1994]
A. An application
for a new pawnshop license, the transfer of an existing pawnshop license
or the approval of a change of ownership of a licensed pawnshop shall
be under oath and shall state the full name and address of the applicant
and the place where the business is to be conducted and other relevant
information required by the City Treasurer. If the applicant is a
partnership, the City may require that the applicant state the full
name and address of each member. If the applicant is a corporation,
the application shall contain the full name and address of each officer,
shareholder and director. The application shall be accompanied by:
1. An investigation
fee of five hundred dollars ($500.00) if the applicant is unlicensed
at the time of applying for the license of the pawnshop or two hundred
fifty dollars ($250.00) if the application involves a second (2nd)
or additional license to an applicant previously licensed for a separate
location or involved substantially identical principals and owners
of a licensed pawnshop at a separate location;
2. Proof
of general liability insurance in the amount of fifty thousand dollars
($50,000.00); and
3. An annual
fee of five hundred dollars ($500.00).
[CC 1999 §15-74; Ord. No. 94-116, 11-28-1994]
Each applicant for a pawnshop license at the time of filing
shall file with the City Treasurer a bond satisfactory to him/her
and in the amount of five thousand dollars ($5,000.00) for each license
with a surety company qualified to do business in this State. The
aggregate liability of such surety shall not exceed the amount stated
in the bond. The bond shall run to the State for the use of the State
and of any person or persons who may have a cause of action against
the obligator of such bond under the provisions of Sections 367.011
to 367.060, RSMo. Such bonds shall be conditioned that the obligator
will comply with the provisions of Section 367.011 to 367.060, RSMo.,
and of all rules and regulations lawfully made by the City and will
pay to the State and to any such person or persons any and all amounts
of money that may become due and owing to the State or to such person
or persons from such obligator under and by virtue of the provisions
of Section 367.011 to 367.060, RSMo., during the time such bond is
in effect.
[CC 1999 §15-75; Ord. No. 96-7, 1-29-1996]
A. Each
licensee shall keep, consistent with accepted accounting practices,
adequate books and records relating to the licensee's pawn transactions,
which books and records shall be preserved for a period of at least
two (2) years from the date of the last transaction recorded therein.
Said records shall include, but not be limited to, the following:
1. The
name and address of the pawnshop;
2. The
name and address of the pledgor, the pledgor's description and the
driver's license number, military identification number, identification
certificate number or other official number capable of identifying
the pledgor;
3. The
date of the transaction;
4. An identification
and description of the pledged goods, including serial numbers if
reasonably available;
5. The
amount of cash advanced or credit extended to the pledgor;
6. The
amount of the pawn service charge;
7. The
total amount which must be paid to redeem the pledged goods on the
maturity date;
8. The
maturity date of the pawn transaction; and
9. A statement
to the effect that the pledgor is not obligated to redeem the pledged
goods and that the pledged goods may be forfeited to the pawnbroker
sixty (60) days after the specified maturity date.
B. Each
licensee, upon request by a local law enforcement authority, shall
furnish authority copies with information required by this Section.
Such copies shall be furnished without charge except for a reasonable
copying charge not to exceed twenty-five cents ($.25) per copy.
[CC 1999 §15-76; Ord. No. 94-96, 10-31-1994]
No person who is lawfully operating a pawnshop on August 28,
1990 shall be required to obtain a license under this Chapter in order
to continue operating such pawnshop, so long as such person does not
violate any other provision of Sections 367.011 to 367.060, RSMo.
[CC 1999 §15-77; Ord. No. 94-116, 11-28-1994]
The five hundred dollar ($500.00) annual fee shall be in lieu
of any other City occupational license fee. The annual license fee
paid shall entitle the applicant to a license for the fiscal year
(commencing April first (1st)) in which application is made. The initial
annual license fee shall be five hundred dollars ($500.00) for any
license obtained between April first (1st) and June thirtieth (30th)
of the fiscal year, three hundred seventy-five dollars ($375.00) for
any license obtained between July first (1st) and September thirtieth
(30th) of the fiscal year, two hundred fifty dollars ($250.00) for
any license obtained between October first (1st) and December thirty-first
(31st) of the fiscal year and one hundred twenty-five dollars ($125.00)
for any license obtained between January first (1st) and March thirty-first
(31st) of the fiscal year. The renewal fee for each fiscal year thereafter
shall be five hundred dollars ($500.00) for said fiscal year and there
shall be no refund of payment of any such fees should the licensee
discontinue its operation during the fiscal year.