CITY of RAPID CITY Agenda Item Summary
Meeting Date: May 29, 2013		Commission, Board or Committee: Legal & Finance Committee
Staff Contact: Ryan Soye, City Attorney Office		PW Committee or L&F Committee: May 15, 2013
Petitioner: Ryan Soye, City Attorney Office		City Council 1st Reading: Click here to enter date.
Location: Click here to enter text.		City Council 2nd Reading: Click here to enter date.
Agenda Title:
Ordinance No. 5938. AN ORDINANCE TO AMEND CHAPTER 5.36 OF THE RAPID CITY MUNICIPAL CODE TO UPDATE THE LICENSING FRAMEWORK APPLICABLE TO PAWNBROKERS AND SECONDHAND DEALERS, AND TO INCORPORATE GEMS AND PRECIOUS METALS DEALERS UNDER THIS CHAPTER.
Summary:
This ordinance represents a major revision to the Pawnbroker and Secondhand Dealer licensing ordinance, and the inclusion of Gems and Precious Metals Dealers in this framework. These proposed changes will amend Chapter 5.36 which has become outdated. This will bring the licensing requirements within modern industry practices and provide a fix to certain problems faced in the application of the existing provisions. The addition of Gems and Precious Metals Dealers will fill a void created by the repeal of the prior Gems and Precious Metals Ordinance that suffered from the same inadequacies as the current Chapter 5.36. Finally, many changes were also made the language and formatting in order to produce a more clear and concise set of licensing provisions. As the proposed ordinance incorporates a large number of changes, a clean copy of the proposed ordinance, along with a redlined version showing the changes, have been attached.
Funding Source & Fiscal Impact (if applicable):
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Recommendation:
Action: Choose an item. Approve Notes: Click here to enter text.
Options:
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Attachments & Links:
Ordinance No. 5938	Redlined Ordinance No. 5938		Updated Ordinance as of 6/20/13
Chief Allender Memo	Soye Memo		Letter from Westergaard
Updated Ordinance as of 08/01/2013	Click here to enter text.		Click here to enter text.