(a) Application fee.
(2) The license application fee shall be paid in full before the application for a license shall be accepted. Upon rejection of any application for a license or upon withdrawal of any application before City Council approval, the license fee shall be refunded in full to the applicant except where rejection is for a willful misstatement in the license application.
(3) When the license is for premises where the building is not ready for occupancy, the time fixed for computation of the license fee for the initial license period shall be 90 days after approval of the license by the City Council or upon the date the building is ready for occupancy, whichever is sooner.
(4) When a new license application is submitted as a result of incorporation by an existing licensee and the ownership, control and interest in the license are unchanged, no additional fee shall be required.
(b) Investigation fee.
(2) If the investigation and verification process is conducted solely within the state, the fee shall be $500, and the remainder of the deposit shall be returned to the applicant. If the investigation and verification process is conducted outside the state, the may recover the actual investigation costs not exceeding $1,500.
(3) At any time that an additional investigation is necessary because of a change of the managing partner, store or general manager, proprietor or other in charge of the licensed premises of its corporate structure, the licensee shall pay an additional nonrefundable investigation fee of $100.
(c) Transaction fee. In addition to the annual application fee, a transaction fee, based upon the actual number of conducted by the licensee, shall be billed monthly to the licensee and is due and payable within 25 days after the billed date. The transaction fee shall reflect the cost of processing pawn transactions and other regulatory expenses related to processing pawn transaction information, including the cost of participating in the automated pawn system. The amount of the transaction fee shall be as detailed in § 14.03 of this code and is dependent on the accuracy of the report and type of medium (modem or manual) by which the daily reports are submitted to the City Police Department pursuant to § 14.295.01(d) and subsection (e) below.
(d) Late transaction fees. A licensee failing to make a transaction fee payment within 25 days after the billed date shall be required to pay a penalty of 5% of the amount remaining unpaid. The amount of the transaction fee not timely paid, together with the penalty, shall bear interest at the rate of 12% per annum, from the time the transaction fee should have been paid until it is paid. Any interest and penalty shall be added to the transaction fee and be collected as part thereof. If payment of the amount due plus the 5% penalty is not paid within 30 days after the due date, an additional 10% penalty shall be imposed upon the amount due and the 5% penalty. If the delinquency continues beyond 60 days, a license revocation notice may be sent and a revocation hearing may be commenced. The City Manager shall have the power to abate penalties when their enforcement would be unjust or inequitable.
(e) Electronic reporting problems and penalty. Licensees shall report to the City Police Department transactions by modem, except as otherwise allowed in this subsection (e) and in § 14.295.01(d) of this code. If a licensee is unable to successfully transfer the required reports by modem, the licensee shall have on the premises and available for inspection by the Police Department printed copies of all that have not been reported by modem. If the modem failure is determined to be in the licensee’s system and is not corrected by the close of the first business day following the failure, the licensee must provide the required reports in a paper or other computerized format as approved by the Police Department. The licensee shall take all reasonable steps including the replacement of its computer system and related components in order to return the electronic reporting system to operational condition as soon as reasonably possible.
(f) Erroneously reported transaction penalty. Daily reports required to be submitted to the City Police Department pursuant to § 14.295.01(d) of this code must accurately report the information required by § 14.295.01(a). If a license holder submits a daily report by modem containing any omission or inaccuracy in the required information, then each transaction containing an omission or inaccuracy will be classified as erroneous. Licensees who submit five or more erroneous transactions within a billable month shall be charged at the rate of a manually reported transaction for each such erroneous transaction during that billable month.
(1958 Code, § 143.15) (Ord. 37, passed 8-7-1961; Ord. 41, passed 9-6-1961; recodified by Ord. 95-13, passed 8-7-1995; amended by Ord. 96-28, passed 7-1-1996; Ord. 97-16, passed 5-5-1997; Ord. 98-27, passed 6-15-1998; Ord. 2001-41, passed 8-20-2001; Ord. 2007-18, passed 5-7-2007)