(a) No check cashing and money exchange business may operate in the City without first obtaining a license from the Chief of Police as provided in this chapter. The fee for each such license application shall be five hundred dollars ($500.00), which is non-refundable, and such license, if issued, shall expire one year from its issuance. The fee of five hundred dollars ($500.00) shall accompany the application made to the Chief of Police. Upon expiration of the license, the license may be renewed for one year upon payment of a fee of one hundred dollars ($100.00), which is nonrefundable, to the Chief of Police. Renewal of the license is conditioned upon compliance with the requirements of this chapter.
(b) By applying for a license, a check cashing and money exchange business grants the Police Department the right to enter and inspect the entire premises. The issuance of such license shall be discretionary with the Chief of Police.
(c) The license may be revoked at any time by the Chief of Police for cause. A conviction of the licensee in a criminal action by a court of competent jurisdiction, the presence of criminal activity on the premises or failing to comply with the requirements of this chapter shall be sufficient cause for revocation of the license. Notice of revocation shall be sent to the business address listed in the application. The licensee may appeal the revocation to the Safety Director who will conduct a hearing and make a final decision regarding the revocation.
(Ord. 144-1990. Passed 5-7-90.)