1. Pawnbroker licenses are available at a rate of one license per 25,000 in population as certified by the most recent United States census.
2. Upon receipt of a pawnbroker license application, the City Clerk shall forward a copy of the application to the Chief of Police, or his or her designee, who shall review the application. The applicant shall furnish such evidence as may be reasonably required in support of the statement set forth in the application.
3. The Chief of Police, or his or her designee, shall report to the City Clerk within thirty days of receipt of the application considering, but not limited to, the following criteria: (1) where the applicant or his or her agents or employees charged with receiving or distributing property have been convicted of a felony. However, if the conviction of a felony occurred more than five years before the application for a pawnbroker license, and if such person's rights of citizenship have been restored by the Governor, such conviction shall not be a bar to obtaining a pawnbroker license; (2) whether the applicant has truthfully reported all relevant facts within the pawnbroker application; and (3) applicant has such financial standing and good reputation to indicate that he or she will comply with all laws of the State of Iowa, and the City.