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Consent <br />Let <br />Item Description: <br />Approving Pawn Transaction Fee Schedule <br />0 <br />On Monday, November 18, 2002, the Roseville City Council approved the amending of Title 3', Chapter <br />311 of the Roseville City Code concerning Pawnbrokers and Precious Metal Dealers, <br />The Roseville City Council needs to approve a pawn transaction fee that would be chariged to businesses <br />that are licensed to provide pawn slervices. <br />The pawn, transaction fee would be as followl <br />A <br />If <br />Electronic, Billable Transaction Fee-. $1.5 <br />Manual Billable Transaction 1$2.51 <br />if approved, the electronic and manua,l billable transaction, feies would go into effect February 1, 2003 <br />The transaction, fee sch,edule has been reviewed, and, approved by the Fi*nance Director, Chris Miller and <br />Rosevil,le City Attorney, Jay Squires. <br />Financial Costs,,*, <br />The initial, start up costs for joining the Minneapolis, APS 'is $11001.00 and was authorized in, the police <br />2001 1 CIP. <br />Future costs will come in the form of monthly transactions fees, that will be collected from, licensed pawn <br />shops and, paid to Mi"nneapolis APS with a, portion (.50 cents) of collected fees retained to <br />cov,eT admim'strati've costs., <br />JAI <br />IlCouncial Acon Reigueste,,.., <br />Al W <br />Motion, aum,onziing the First Reading, Waiving the Second Reading,, and, Enacting an Ordinance <br />Authon'zing a Pawn Transaction Fee Schedule. <br />