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<br />,-~ <br /> <br /> <br />MINNESOTA DEPARTMENT OF COMMERCE <br />Financial Examinations Division <br /> <br />May 6, 1999 <br /> <br />Mr. Nick Ensrud <br />City of Roseville <br />2660 Civic Center Drive <br />Roseville, MN 55113 <br /> <br />Dear Mr. Ensrud, <br /> <br />Enclosed is an application by Pawn America Minnesota L.L.C., to operate as a <br />currency exchange company at 1715 North Rice Street, Roseville, Minnesota <br />55113. Minnesota Statute 53A.04(a) states: <br /> <br />"Within 30 days after the receipt of a complete application, the commissioner <br />shall deny the application or submit the application to the governing body of the <br />local unit of government in which the applicant is located or is proposing to be <br />located. The commissioner may not approve the application without the <br />concurrence of the governing body. The governing body shall give published <br />notice of its intention to consider the issue and shall solicit testimony from <br />interested persons, including those in the community in which the applicant is <br />located or is proposing to be located. If the governing body has not approved or <br />disapproved the issue within 60 days of receipt of the application, concurrence is <br />presumed. The commissioner must approve or disapprove the application within <br />30 days from receiving the decision of the governing body. The governing body <br />shall have the sole responsibility for its decision. The state shall have no <br />responsibility for that decision." <br /> <br />o <br /> <br />- <br /> <br />133 East Seventh Street, S1. Paul, MN 55101-2333 <br />Telephone (651) 296-2135 · Fax (651) 296-8591 · TTYffDD (651) 296-2860 <br />e-mail: financial@state.mn.us <br />Web Site: www.commerce.state.mn.us <br /> <br />An Equal Opportunity Employer <br />