[Ord. No. 1578 §I, 4-10-1996]
As used in this Article, the following terms shall have these
prescribed meanings:
The book value of the current assets of a person or pawnbroker
less its applicable liabilities as stated in this Section. Current
assets include the investment made in cash, bank deposits, merchandise
inventory and loans due from customers excluding the pawn service
charge. Current assets do not include the investments made in fixed
assets of real estate, furniture, fixtures, or equipment; investments
made in stocks, bonds or other securities; or investments made in
prepaid expenses or other general intangibles. Applicable liabilities
include trade or other accounts payable; accrued sales, income or
other taxes; accrued expenses; and notes or other payables that are
unsecured or secured in whole or part by current assets. Applicable
liabilities do not include liabilities secured by assets other than
current assets. Net assets must be represented by a capital investment
unencumbered by any liens or other encumbrances to be subject to the
claims of general creditors.
Any person engaged in the business of lending money on the
security of pledged goods or engaged in the business of purchasing
tangible personal property on condition that it may be redeemed or
repurchased by the seller for a fixed price within a fixed period
of time.
Includes the location at which or premises in which a pawnbroker
regularly conducts business.
Includes, but not limited to, an individual, partnership,
joint venture, trust, association or any other legal entity however
organized.
[Ord. No. 1578 §II, 4-10-1996]
A.
No
person shall operate a pawnshop unless such person obtains a municipal
license pursuant to this Section. To be eligible for a pawnshop license,
an applicant shall:
1.
Be of good moral character;
2.
Have net assets of at least fifty thousand dollars ($50,000.00) readily
available for use in conducting business as a pawnshop for each licensed
pawnshop; and
3.
File with the City Clerk, the office of the City Collector, and with
the City Zoning Enforcement Official's office (Zoning Administrator/Code
Official's office) an affidavit stating the method and manner of operation
by which the pawnshop will be conducted and stating that the pawnshop
will be operated fairly within the purposes of Sections 367.011 to
367.060, RSMo.
B.
Any
applicant who has a felony or misdemeanor conviction which directly
relates to the duties and responsibilities of the occupation of pawnbroker
or otherwise makes the applicant presently unfit for a pawnshop license
shall be denied the issuance of a license.
C.
Each
applicant shall file with the City Clerk, the office of the City Collector,
and the City Zoning Enforcement Official's office a current balance
sheet, prepared by an independent certified public accountant, that
states and certifies that the accountant has reviewed the books and
records of the applicant and that the applicant meets or exceeds the
net assets requirement of this Section.
D.
The
applicant shall further submit proof of compliance with any County,
State or Federal regulations, licenses or permits to the City Clerk,
City Collector, and City Zoning Enforcement Official's office.
E.
The
application for a new pawnshop license, the transfer of an existing
pawnshop license, or the approval of the change in the ownership of
a licensed pawnshop shall be under oath and shall state the full name
and place of residence of the applicant; the place where the business
is to be conducted; the relevant zoning of the place where the business
is to be conducted; the social security number and date of birth of
the applicant and/or all owners of the business.
F.
Each
application shall be accompanied by:
1.
An application fee as detailed in the City's Comprehensive Fee Schedule,
held on file in the City offices.
[Ord. No. 2569, 4-26-2022]
2.
Proof of general liability coverage in the amount of one hundred
thousand dollars ($100,000.00); and
3.
An annual fee as detailed in the City's Comprehensive Fee Schedule,
held on file in the City offices.
[Ord. No. 2569, 4-26-2022]
[Ord. No. 1578 §III, 4-10-1996]
A.
Each
business location shall separately keep and maintain the records required
by Sections 367.011 and 367.060, RSMo., and shall further provide
the following information to the City of Richmond Police Department:
1.
File a detailed statement of all property taken into the business
location, including a description of the property, brand name, model
and serial numbers if applicable; the date of receipt of such property;
the name, address and other identifying information of the person
or persons pledging the same; and the due date of redemption. Such
statements shall be filed on Monday of each week with the City Police
Department and shall cover all transactions made for the preceding
seven (7) days.
2.
Failure to file such a statement at the time required shall constitute
grounds for immediate revocation of the occupational license and no
further business may be conducted without reapplication being made
for a new license for the business location or locations failing to
file such statements. This penalty shall be in addition to any and
all other penalties provided for violation of this Section or any
other law, ordinance or regulation.
3.
Said statements shall be filed by the owner of the business, under
oath.
[Ord. No. 1578 §IV, 4-10-1996]
A.
Any
person who willfully violates any provision of this Article or any
provision of Sections 367.011 through 367.060, RSMo., shall be guilty
of a misdemeanor and upon conviction thereof shall be punishable by
a fine of not more than five hundred dollars ($500.00) or by confinement
in the County Jail for not more than three (3) months, or both such
fine and confinement.
B.
No
person shall be entitled to receive a probation or a suspended imposition
of sentence unless, as a condition thereof, such person shall serve
at least ten (10) days detention in the County Jail.
C.
The
violation of any provision of this Article shall further constitute
grounds for immediate revocation of the occupational license at the
location of the business where the violation occurred and shall further
constitute grounds for denying an application by any person so convicted
for a period of five (5) years.
