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(d) All sales are consummated at a central point or register operated by the antique <br /> mall operator and the antique mall operator maintains a comprehensive account of all <br /> sales. <br /> (e) Each antique mall dealer operating at the antique mall operator's location is <br /> properly licensed and complies with all applicable requirements of this article. <br /> (f) The antique mall operator maintains a complete and accurate file of the current <br /> and valid licenses issued to each of the antique mall dealers conducting business at that <br /> location. <br /> (g) Individuals, partnerships or corporations that are a part of the business entity <br /> licensed as the antique mall operator, and who maintain separate sales space, or <br /> identify themselves to the public as an individual antique dealer at that location, are also <br /> individually licensed as antique mall dealers. <br /> Billable transaction shall mean every reportable transaction conducted by an antique dealer, <br /> regardless of the number of items received in that transaction. <br /> Business manager shall mean a person(s) designated by the licensee to operate a business in <br /> the licensee's absence. A licensee, other than an antique mall dealer, must designate a <br /> manager to operate the licensed business if the licensee does not personally provide on-site <br /> supervisory services at the business at least sixty-four(64) hours per month. <br /> Consignment shall mean a written agreement between a dealer and a seller that enables the <br /> dealer to take temporary possession of secondhand property, owned by the seller, for the <br /> purpose of offering it for sale to the public. Agreement shall state the terms under which the <br /> seller will be compensated, and the amount of that compensation. <br /> Dealer shall mean any natural person, partnership or corporation, either as principal or agent or <br /> employee thereof, licensed under this article. <br /> Precious gems shall mean any gem that is valued for its character, rarity, beauty or quality, <br /> including diamonds, rubies, emeralds, sapphires or pearls, or any other such precious gems or <br /> stones, whether as a separate item or in combination as a piece of jewelry or other crafted item. <br /> Precious metals shall mean gold, silver, platinum, and sterling silver, whether as a separate <br /> item or in combination as a piece of jewelry or other crafted item, except items plated with <br /> precious metal(s) and the plating equals less than one (1) percent of the items total weight. <br /> Receive shall mean to purchase, accept for sale on consignment, broker, or receive in trade for <br /> an item of equal or lesser value, any tangible personal property previously owned, used, rented <br /> or leased. <br /> Recordable transaction shall mean every transaction conducted by a secondhand dealer in <br /> which merchandise defined in section 321.310 is received, offered for sale, or intended for sale, <br /> whether inside or outside the City of Minneapolis. <br /> Reportable transaction shall mean every transaction conducted by an antique dealer, inside the <br /> City of Minneapolis, in which merchandise defined in section 321.320(a) is received, and for <br /> which a daily report to the police department is required. <br /> Unique identifier shall mean a serial number, identification number, model number, owner <br /> applied identifier or engraving, "operation ID" number or symbol, or other unique marking. (98- <br /> Or-059, § 1, 6-26-98) <br />