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1. Grounds for Denial, Suspension, or Revocation. A pawnbroker license may be denied, suspended, or revoked for any violation of this chapter, including, but not limited to, the failure to comply with new or renewal application procedures, a negative police report, falsification of new or renewal applications, or for the failure to maintain records in conformity with the requirements enumerated under this chapter.
2. Denial, Suspension, or Revocation Proceedings. The City Clerk shall, upon receipt of information alleging that grounds exist to deny, suspend, or revoke the pawnbroker license of any applicant or licensee under this chapter, and after consultation with the legal department, report the circumstances to the City Council, which, in such case, shall cause a notice to be sent by ordinary mail to the applicant or licensee, which notice shall state that a denial, suspension, or revocation hearing has been set before the City Council, grounds for the proposed denial, suspension, or revocation, the date and time of the hearing and the place where the hearing will be conducted. Upon such hearing, if the City Council shall determine that one or more of such grounds do exist, it may deny an application or suspend or revoke an existing license. A suspension shall constitute a minimum period of fourteen calendar days to a maximum period of thirty calendar days, during which period the licensee may not conduct any business except for redemptions and shall conspicuously post a sign stating the terms of the suspension at the entrance of the licensed premises. Such sign shall be supplied by and posted by the Chief of Police, or his or her designee. In the event such license is revoked, no pawnbroker license shall be issued to that licensee for the period of one year.
No pawnbroker license shall be sold or transferred. The purchaser or purchasers of a pawnbroker business, or of the majority of the stock of a corporation operating a pawnbroker business, shall make application for, and obtain, a new license before operating such business at the location for which the license has been issued.
1. Every pawnbroker shall accurately and legibly enter in ink, in the English language, the following information at the time of purchase or receipt of any property: (1) the date and hour of the transaction; (2) the amount paid, advanced, or loaned for the article; (3) a detailed and accurate description of the article; (4) when applicable, the model number and/or serial number; and (5) the name, house number and street of the person from whom the property is purchased or received, his/her date of birth, driver's license number, State of Iowa identification number or Social Security number, sex, age, height, race and type of photo identification presented, (6) the amount lent and the number of any pawn ticket issued therefor.
2. When the pawn log sheets are complete, or upon demand from the Chief of Police, or his or her designee, the licensee shall surrender the original sheets to the Chief of Police, or his or her designee, who shall provide a copy of the sheets to the licensee; the originals to remain the property of the City. The licensee shall also maintain a record of the name and residential address of a person redeeming an article of property, the date of such transaction, and a description of the article redeemed. In the event property is disposed of, other than by redemption, the licensee shall record a description of the property, how disposed, and the name and address to whom the article was transferred. Such redemption or sales records shall be maintained by the licensee for one year from the date of the transaction, and shall be, at all times, open to examination and recordation by the Chief of Police, or his or her designee.
3. Every pawnbroker shall install, maintain and operate a security camera system that captures the video images of persons transacting business on the premises. The video capture shall hold images for at least 15 days.
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