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, � <br />���e <br />[NNESOTA <br />�n.s_zm.� _ nF <br />_�MMERCE <br />July 3, 2002 <br />City Clerk <br />City of Roseville <br />2660 Civic Center Drive <br />Roseville, MN 55113 <br />85 7th Place East, Suite 500 <br />St. Paul, Minnesota 55101-2198 <br />651.296.4026 FAX 651.297.1959 TTY 651.297.3067 <br />RE: Currency Exchange License Application <br />Global Financial Outsource Services, Inc. dba United Check Cashing <br />Dear City Clerk <br />Enclosed is a copy of an application submitted by George Frambo to operate a currency exchange <br />business at 2216 West County Road D, Suite C, Roseville, Nlinnesota. The name of the currency <br />exchange company is United Check Cashing. <br />Nlinnesota 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 goveming body. The governing body sha11 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 goveming 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 goveming body. <br />The governing body sha11 ha�e the sole responsibility for its decision. The state sha11 ha�e 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 ha�e <br />any questions, please feel free to contact me. <br />Very ly yours, <br />_ � <br />Robin H. Brown <br />Financial Examinations Division <br />(65 1) 282-9855 <br />Enclosure <br />��: George Frambo, Global Financial Outsource Services, Inc. <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 M Equal Opportunity Employer <br />