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File #: ORD. 2019-156    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 6/11/2019 In control: City Council
On agenda: 6/24/2019 Final action: 6/24/2019
Title: To amend City Code ? 26-983, concerning pawnbrokers and pawnshops, for the purpose of reflecting amendments to Va. Code ? 54.1-4000.
Patrons: Mayor Stoney
Attachments: 1. Ord. No. 2019-156
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To amend City Code ? 26-983, concerning pawnbrokers and pawnshops, for the purpose of reflecting amendments to Va. Code ? 54.1-4000.
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THE CITY OF RICHMOND HEREBY ORDAINS:
? 1. That section 26-983 of the Code of the City of Richmond (2015) be and hereby is amended as follows:
Sec. 26-983. Pawnbrokers and pawnshops.
(a) Every natural person lending or advancing money or other things for profit on the pledge and possession of tangible personal property or other valuable things, other than securities or written or printed evidences of indebtedness or title, or dealing in the purchasing of personal property or other valuable thing on the condition of selling the property or other thing back to the seller at a stipulated price shall pay a license tax equal to $750.00 and $0.36 per $100.00 of the gross receipts of the business in excess of $100,000.00.
(b) Not more than 12 places in the City shall be licensed where the business of a pawnbroker, including a pawnbroker's sales store, may be conducted, and no license shall be granted to conduct a pawnshop or pawnbroker's sales store in the City, except to a natural person who is a qualified voter of the Commonwealth [or to a concern or corporation whose managing agents in the City are qualified voters thereof]. No such license shall be granted to any such voter[, concern or corporation,] except upon a certificate of the Chief of Police and of the Circuit Court of the City or a judge thereof in vacation, which shall explicitly state whether the natural person applying therefor is a proper person to conduct such business and whether the place where the business is proposed to be conducted is a proper and suitable place and whether such applicant has theretofore complied with the laws governing such business, so far as the records of the Department of Police and of the Circuit Court show, if the applicant has theretofore engaged in such business. No license shall be granted to a n...

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