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MINNESOTA <br /> DEPARTMENT OF 85 7th Place East, Suite 500 <br /> COMMERCE St. Paul, Minnesota 55101-2198 <br /> 651.296.4026 FAX 651.297.1959 TTY 651.297.3067 <br /> June 27,200 1 <br /> City Clerk <br /> City of Roseville <br /> 2660 Civic Center Drive <br /> Roseville, MN 55 113 <br /> RE: Currency Exchange License Application <br /> Cash Station, LLC dba MoneyXchange <br /> Dear City Clerk: <br /> Enclosed is a copy of an application submitted by Mark Smith to operate a currency exchange <br /> business at 1745 North Lexington Street, Roseville, Minnesota. The name of the currency <br /> exchange company is Cash Station, LLC dba MoneyXchange <br /> Minnesota Statute 53A.04 (a) states: <br /> "Within 30 days after the receipt of a complete application, the commissioner shall deny the <br /> application or submit the application to the governing body of the local unit of government in <br /> which the applicant is located or is proposing to be located. The commissioner may not approve <br /> the application without the concurrence of the governing body. The governing body shall give <br /> published notice of its intention to consider the issue and shall solicit testimony from interested <br /> persons, including those in the community in which the applicant is located or is proposing to be <br /> located. If the governing body has not approved or disapproved the issue within 60 days of <br /> receipt of the application, concurrence is presumed. The commissioner must approve or <br /> disapprove the application within 30 days from receiving the decision of the governing body. <br /> The governing body shall have the sole responsibility for its decision. The state shall have no <br /> responsibility for that decision." <br /> Please respond in writing within 60 days of the receipt of this notice as to the decision of the <br /> governing body regarding the application for the currency exchange operation. If I do not hear <br /> from you within 60 days, approval will be presumed and the license will be issued. If you have <br /> any questions, please feel free to contact me. <br /> Very ly yours, <br /> d. <br /> R In H. Brown <br /> Financial Examinations Division <br /> (65 1) 282-9855 <br /> Enclosure <br /> cc: Mark Smith, MoneyXchange <br /> Enforcement: 1.800.657.3602 Licensing: 1.800.657.3978 <br /> Energy Information: 1.800.657.3710 Unclaimed Property: 1.800.925.5668 <br /> www.commerce.state.mn.us An Equal Opportunity Employer <br />