Ordinance No. 712 - Laserfiche WebLink

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516.08 BILLABLE TRANSACTION FEES: Licensees shall pav a monthly transaction fee on all billable transactions. The minimum fee shall be established by resolution approved by the City Council. Such fee shall be due and • payable within thirty (30) days. Failure to timely pav the billable transaction fee shall constitute a violation of this chapter. 516.09 BOND REQUIREMENT: At the time of filing an application for a license, the applicant shall file a bond in the amount of ten thousand dollars ($10,000.00) with the City. The bond, with a duly licensed surety company as surety thereon, must be approved as to form by the city attorney. The bond must be conditioned on the licensee observing all ordinances of the City and all laws relating to the business of pawnbroker or precious metal dealer, and the licensee accounting for and delivering to any person legally entitled thereto any articles which may have come into the possession of the licensee as pawnbroker, or in lieu thereof such licensee paving the person or persons the reasonable value thereof. The bond shall contain a provision that it may not be canceled without thirty (30) days advance written notice to the licensing authority. 516.10 INELIGIBLE PERSONS AND LOCATIONS: Subd. 1. Ineligible Persons: No licenses under this chapter shall be issued to an applicant who is a natural person, general or managing partner, manager, proprietor or agent if such applicant: a. Is a minor at the time the application is filed; • b. Has been convicted of any offense related to the occupation licensed or involving moral turpitude; c. Is not a citizen of the United States or a resident alien: d. Is not of good moral character or repute; e. Has misrepresented or falsified information on the license application: f. Holds an intoxicating liquor license under this code; g. Has had a pawnbroker or precious metal dealer license revoked elsewhere; or h. Other good and sufficient reason at the sole discretion of the City Council. Subd. 2. Ineligible Locations: The following locations shall be ineligible for licenses under this chapter: a. No license shall be granted or renewed for operation on any property on which taxes, assessments or other financial claims of the state, county, school district or city are due, delinquent or unpaid. i b. No license shall be granted or renewed if the property on which the business is to be conducted is owned or controlled by a person who is ineligible for a license.