HomeMy WebLinkAboutResolution-1994-1389
RESOLUTION NO. 1389
Series of 1994
TITLE:
A RESOLUTION ESTABLISHING CERTAIN FEES AND OTHER
REQUIREMENTS AS SPECIFIEO IN ORDINANCE NO, 952
WHEREAS, the Wheat Ridge City Council has duly enacted
Ordinance No. 952, which establishes certain licensing requirements
and regulations for pawn broking businesses within the City of
Wheat Ridge for the purpose of protecting the health, safety, and
welfare of the citizens of Wheat Ridge in conjunction with State
regulations; and
WHEREAS, Ordinance No. 952 requires that certain fees and
bond amounts be specified by resolution of the city Council;
NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City
Council that the following fees and bonding requirements are
established pursuant to the requirements of Ordinance No. 952.
1. Pursuant to section 11-172 of Ordinance No. 952 ,
there is hereby established a non-refundable license application
fee of $500.
2. Pursuant to section 11-173 of Ordinance No. 952,
there is hereby established a pawnbroking license fee of $5,000 per
license, $2,500 to be collected on April 1, 1994, and $2,500 to be
collected on October 1, 1994.
3. Pursuant to section 11-176 of Ordinance No. 952,
there is hereby established a $10,000 bond for pawnbroking
businesses.
4. Pursuant to Section 11-182(B) of Ordinance No. 952,
there is hereby established a $250 fee to amend a pawnbroking
license to reflect a change of owner, officer, director or manager,
as specified in section 11-182.
5. A. Pursuant to section 11-183(L) of Ordinance No.
952, there is hereby established a fee of $.60 per transaction form
generated in each pawnbroking business licensed pursuant to
Ordinance No. 952.
B. The Chief of Police is granted the authority to
reduce the $.60 per transaction form fee specified in 5. A. above
for any cost saving measures which are implemented by the City of
Wheat Ridge and which are developed at the sole expense of a
pawnbroking business duly licensed in the City of Wheat Ridge. The
decision to implement cost saving measures related to the
transaction form is in the sole discretion of the Chief of Police.
It is the intent of this sub-section to encourage pawnbroking
businesses in the City of Wheat Ridge to identify and/or develop
measures to reduce the amount of time or expense incurred by the
city of Wheat Ridge in processing information which is required by
the state of Colorado or by Ordinance No. 952.
C. The effective date of the $.60 per transaction
form fee shall be May 1, 1994.
DONE AND RESOLVED this 14th day of March, 1994.
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Dan Wilde, Mayor
ATTEST:
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Wanda Sang, City Clerk
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