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P. Storage Sites: Except for items designated in subsection C8 of this Section, all item must be stored within the licensed premises building except the City may permit the licensee to designate one locked and secured warehouse building within the City within which the licensee may store only cars, boats and other motorized vehicles. No item may be stored in the designated warehouse building that is not reported in the records pursuant to subsection A of this Section. The licensee shall permit immediate inspection of the warehouse at any time during business hours by the City, and failure to do so is a violation of this Chapter. Oversized items may not be stored in parking lots or other outside areas. All provisions in this Section regarding record keeping and reporting shall apply to oversized items. Q. Off-Site Sales Storage: All items accepted by a licensee at a licensed location in the City shall be for pledge or sale through a licensed location in the City. No licensee under this Section shall sell any items which are transferred from a nonlicensed facility or a licensed facility outside the City. (Ord. 1139, 4-25-1994) 311.10: ALARM SYSTEM REQUIRED: An alarm system, professionally installed and approved by the City Manager or his/her designee, must be installed at the licensed premises. (Ord. 1139, 4-25-1994) 311.11: SUSPENSION OR REVOCATION OF LICENSE: A. Violation: The City Council may suspend or revoke a license issued under this Chapter upon a finding of a violation of: 1) any of the provisions of this Chapter; 2) any State statute regulating pawnbrokers or precious metal dealers; 3) any State or local law relating to moral character and repute. Any conviction by the pawnbroker or precious metal dealer for theft, receiving stolen property or any other crime or violation involving stolen property shall result in the immediate suspension pending a hearing on revocation of any license issued hereunder. B. Notice; Hearing: Except in the case of a suspension pending a hearing on revocation, a revocation or suspension by the City Council shall be preceded by written notice to the licensee and a public hearing. The written notice shall give at least eight (8) days' notice of the time and place of the hearing and shall state the nature of the charges against the pawnbroker or precious metal dealer. The Council may, without any notice, suspend any license pending a hearing on revocation for a period not exceeding thirty (30) days. The notice may be served upon the pawnbroker or precious metal dealer by United States mail addressed to the most recent address of the business in the license application. (Ord. 1139, 4-25-1994) 311.12: PROHIBITED ACTS: A. No pawnbroker licensed upon this Chapter shall: 1. Lend money on a pledge at a rate of interest above that allowed by law; 2. Possess stolen goods;