2005-09-06 P & Z Agenda - Laserfiche WebLink

Home Browse Search

CITY OF CENTERVll.LE ORDINANCE NO. 64 An Addition to CenterviJle City Code, Section 306. Pawnbrokers and Secondhand Goods Dealers. The City Council of the City ofCenterville does hereby ordain: Section 1. The City Council of Centerville hereby adding Section 64-306, Pawnbrokers and Secondhand Goods Dealers, to the City Code, Section - Pawnbrokers and Secondhand Goods Dealers 306.01 Definitions. As used in this section, the following terms are defined as follows: - Subd. 1. Pawnbroker. A person engaged in whole or in part in the business of lending money on the security of pledged goods left in pawn, or in the business of purchasing tangible personal property to be left in pawn on the condition that it may be redeemed or repurchased by the seller for a fixed price within a fixed period of time, Subd. 2. Secondhand Goods Dealer. A person engaged in the business of buying or selling secondhand goods of any kind (excluding motor vehicles), but not including used goods and merchandise taken as part or full payment for new goods and merchandise. Subd. 3. Pawn Shop. The location at which or premises in which a pawnbroker regularly conducts business, Subd.4. Pawn Transaction. Any loan on the security of pledged goods or any purchase of pledged goods on the condition that the pledged goods are left with the pawnbroker and may be redeemed or repurchased by the seller for a fixed price within a fixed period oftime. Subd. 5, Person. An individual, partnership, corporatiqn, limited liability company, joint venture, trust, association, or any other legal entity, however organized. Subd 6. Pledged Goods. Tangible personal property other than chooses in action, securities, bank drafts, or printed evidence of indebtedness, that are purchased by, deposited with, or otherwise actually delivered into the possession of a pawnbroker in connection with a pawn transaction. 306.02 License Required. No person shall exercise, carry-on, or be engaged in the trade