(A) Before issuing a license, the Council shall be satisfied that the applicant is suitable to hold a pawnbroker license and that the location is a suitable place to hold the proposed license. To be a suitable place, the establishment, at a minimum, must comply with the rules and regulations set out in Chapter 66, Article 45, Part 1 of the North Carolina General Statutes. Other factors the Council may consider in determining whether the applicant and the business location are suitable shall include all of the following:
(1) The application contains no misstatement of fact;
(2) The applicant conforms to all requirements of applicable zoning, building, and fire prevention codes;
(3) The applicant shall not have been convicted of a felony within a ten-year period preceding the filing of the application;
(4) Parking facilities and traffic control infrastructure in the neighborhood;
(5) The recommendations of the Asheboro Police Department; and
(6) Any other evidence that would tend to show whether the operation of the business at the proposed location would be detrimental to the neighborhood and whether the applicant would comply with the provisions of this chapter and the above-cited state law provisions.
(B) Upon approval of the application by the Council and the receipt of the bond specified in division (C) of this section, the city clerk shall issue a pawnbroker license to the applicant.
(C) In accordance with Section 66-399 of the North Carolina General Statutes, every person, firm, or corporation licensed as a pawnbroker must, at the time of receiving the license, file with the city clerk a bond payable to the City of Asheboro in the sum of five thousand dollars ($5,000), which is to be executed by the licensee and by two responsible sureties or a surety company licensed to do such business in this state, which shall be for the faithful performance of the requirements and obligations pertaining to the licensed business. The city may sue for forfeiture of the bond upon a breach thereof. Any person who obtains a judgment against a pawnbroker and upon which judgment execution is returned unsatisfied may maintain an action in his or her own name upon the bond to satisfy the judgment.
(D) The provisions of this section shall apply to pawnbroker licenses pending on July 1, 2015, and to applications for such licenses filed after that date.
(Ord. 19 ORD 6-15, passed 6-29-15)