(A) In addition to any other occupational license required by the city, each precious metal dealer must obtain a license from the city for the privilege of conducting the business of secondhand transactions in items containing precious metals.
(B) A precious metal dealers license shall be issued by the Clerk-Treasurer, after receipt of a notice from the Police Department that the prospective licensee has complied with the application requirements of this subchapter.
(C) A precious metal dealers license must be applied for to the Police Department. Such application shall be on a standard form furnished by the Police Department and shall contain all information determined by that Department to be necessary for an evaluation of the applicant’s eligibility for licensure.
(D) The Police Chief shall, within 20 working days of receipt of a completed application form, make a complete review of the accuracy of the information contained therein, including a criminal records check on any individual named therein. The following standards shall apply concerning issuance:
(1) No license shall be issued to or held by any person not of good moral character, nor shall a license be issued to any corporation or partnership whose chief officers or members are persons not of good moral character.
(2) No dealer, canvasser, or solicitor shall have been convicted of a felony involving moral turpitude.
(3) No dealer, canvasser, or solicitor shall have been convicted of a criminal misdemeanor involving moral turpitude within the past two years.
(4) As part of the application process, a prospective dealer must present proof that:
(a) If approved for licensure, he or she can secure an approved indemnity bond in the amount of $l,000, issued by a surety company authorized to transact business within the Commonwealth of Kentucky, or can post a cash bond in that amount.
(b) That he or she has a basic knowledge of precious metals by passing a standardized test to be administered by the Police Chief. Passing score shall be 80%.
(c) Maintain on the licensed business premises an accurate Troy Scale, whose accuracy is subject to testing by the city.
(E) The Clerk-Treasurer shall issue the license upon notification by the Police Chief and upon posting of the surety or cash bond in the amount of $l,000.
(F) If the application is to be denied, the Police Chief shall provide the applicant with such written notification, including a statement of the reasons of denial, and any aggrieved applicant shall, within 30 days of such action, have a right to request a hearing before the Chief of Police.
(Ord. 81-3-7, passed 4-8-81) Penalty, see § 117.99