3-4A-9: LAW ENFORCEMENT HOLDS AND SEIZURES:

   A.   The police are authorized to require a "hold" on property for investigative purposes. This hold requires the licensee to hold the property until such time the hold has been cleared.

      1.   If law enforcement has not cleared the hold or recovered the property within fifteen (15) days of placing the hold the licensee may dispose of the items as they deem appropriate.

   B.   The police are authorized to seize property with a seizure notice; a copy of the receipt will be given to the licensee. (Ord. 5481, 2-4-2019)

3-4A-10: HOLDING PERIODS:

   A.   Any item pawned shall not be sold, transferred, altered, removed from the premises or otherwise disposed of for fifteen (15) days from the date the item was received by the licensee.

      1.   However an individual may redeem said item that was pawned during or after the fifteen (15) day holding period at the discretion of the pawnbroker, provided there are no law enforcement holds.

      2.   Items purchased for resale by the licensee shall be held for fifteen (15) days prior to being offered for sale.

      3.   There is no hold required for items purchased from a wholesale vendor and sold as new. (Ord. 5481, 2-4-2019)

3-4A-11: PROHIBITED ACTS:

   A.   No licensee shall receive property from any person under the age of eighteen (18).

   B.   No licensee shall receive property unless the seller presents a valid state or government issued photo ID.

   C.   No licensee will interfere with law enforcement investigations or recovery of stolen property.

   D.   No goods or merchandise shall be stored or continuously displayed on any public right-of-way. (Ord. 5481, 2-4-2019)

3-4A-12: DENIAL, SUSPENSION OR REVOCATION:

   A.   Any license under this article may be denied, suspended or revoked for any of the following reasons by the Waterloo City Clerk:

      1.   Failing to conform to the Waterloo Zoning Ordinance.

      2.   Failing to comply with Health, Building and Building Maintenance Codes of the City of Waterloo, Black Hawk County and/or the State of Iowa.

      3.   Violating any provisions of this article.

      4.   Any type of fraud or deception.

      5.   Failure to cooperate with lawful requests of City officials.

      6.   Failure to provide accurate information at the time of application.

   B.   All appeals of a license denial, suspension or revocation will be heard by the Waterloo City Council. (Ord. 5481, 2-4-2019)

3-4A-13: PENALTY:

Every person, agents, and employees of the licensee who violate any provisions of this article shall upon conviction be guilty of a Municipal infraction and fined as provided in subsection 1-3-2C of this Code. Each day a violation occurs shall constitute a separate offense. (Ord. 5481, 2-4-2019)

ARTICLE B. SECONDHAND GOODS DEALERS

SECTION:

3-4B-1: Definitions

3-4B-2: Exemptions From Article

3-4B-3: Prerequisites To License

3-4B-4: Application For License

3-4B-5: Conditions Of License

3-4B-6: Firearms, Jewelry, And Precious Metals Records Register

3-4B-7: Inspections

3-4B-8: Police May Seize Property

3-4B-9: Holding Periods

3-4B-10: Prohibited Acts

3-4B-11: Denial, Suspension Or Revocation

3-4B-12: Penalty

3-4B-1: DEFINITIONS:

SECONDHAND GOODS DEALER: Any person, partnership, firm or corporation whose business includes selling, buying or receiving any tangible personal property previously owned, used, rented or leased. No person, partnership, firm or corporation shall operate a secondhand goods dealership on the same premises as that of a pawn business, nor shall said secondhand goods dealership be operated under the pawnbroker licensee. (Ord. 4167, 5-13-1996)