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0 Attachment C CHAPTER 311 PAWNBROKERS AND PRECIOUS METAL DEALERS SECTION: 311.01: Purpose 311.02: Definitions 311.03: License Required 311.04: Application for License 311.05: Investigation by Police Department 311.06: Term of License and Renewals 311.07: License Fees 311.075: Billable Transaction Fees 311.076: Bond Required 311.08: Ineligible Persons and Locations 311.09: Requirements of Licensees 311.10: Alarm System Required 311.11: Suspension or Revocation of License 311.12: Prohibited Acts 311.13: Adoption of Statutes by Reference 311.01: PURPOSE: The City Council finds that pawnbrokers and precious inetal dealer regulation is appropriate because such activities provide an opportunity for the commission of crimes and their concealment because such businesses have the ability to receive and transfer stolen property easily and quickly. The City Council also finds that consumer protection regulation of such activities is warranted because customers of such businesses frequently seek their services during times of desperate iinancial circumstances. To help the police department better regulate current and future pawn businesses, decrease and stabilize costs associated with the regulation of the pawn industry, and increase identification of criminal activities in the pawn industry through the timely collection and sharing of pawn transaction information, this chapter also implements and establishes the required use of the automated pawn system (APS). (Ord. 1275, 11-18- 2002) 311.02: DEFINITIONS: As used in this chapter, the following words and terms shall have the meanings ascribed to them in this section: ACCEPTABLE IDENTIFICATION: Acceptable forms of identification are a current valid Minnesota driver's license, a current valid Minnesota identification card, or a current valid photo driver's license or identification card issued by another state or province of Canada. Page 1 of 9