(A) In addition to any other occupational license required by the city, each precious metals 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 metals dealers license shall be issued by the city clerk, after receipt of a notice from the city police department that the prospective licensee has complied with application requirements of this article.
(C) A precious metals dealers license must be applied for to the police department of the city. The 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 department shall, within twenty (20) working days of receipt of a completed application form, make a complete review of the accuracy of the information including a criminal records check on any individual named within the application. 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 (2) years.
(4) As part of the application process, a prospective dealer must present proof that, if approved for licensure, he or she can secure an approved indemnity bond in the amount of one thousand ($1,000.00) dollars issued by a surety company authorized to transact business within the Commonwealth of Kentucky, or can post a cash bond in that amount.
(E) The city clerk shall issue the license upon notification by the police department that the application is approved and the applicant has posted the bond required under this section.
(F) If the application is to be denied, the police department shall provide the applicant with the written notification including a statement of the reasons of denial, and any aggrieved applicant shall, within thirty (30) days of the action, have a right to request a hearing before the chief of police.
(G) The police department shall have the authority to suspend or revoke any license issued pursuant to this article for any violation of the terms of this article. However, any aggrieved licensee shall, within thirty (30) days of such action, have a right to request a hearing before the legislative body of the city.
(H) Licenses issued under this section shall not be transferable. An individual license is required for each place of business conducted by a dealer. The license, or a copy thereof, must be posted in a conspicuous place in each place of business.
(I) The cost of the precious metals dealers license shall be fifty ($50.00) dollars per year the cost of which is not proratable, and is in addition to any other license fee required.
(Ord. No. 11.81, § 2, 6-18-81)