(A) For the purpose of this section, the following definition shall apply unless the context clearly indicates or requires a different meaning.
PAWNBROKER. Any person, firm or corporation whose occupation is or includes the taking and receiving by way of pledge, pawn or exchange of any goods, wares or any kind of merchandise as security for payment of money.
(B) (1) Each pawnbroker operating in the city shall keep a record of all purchases made by him or her wherein shall be stated, as to each item purchased, the name and address of the seller, physical description, including height, weight, color of hair and eyes of the seller.
(2) This record shall also contain a description of the item and price paid therefor.
(3) The record shall be kept on forms furnished by the Police Department and shall be filed with the Police Department monthly, not later than 5 days following the last day of each calendar month.