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File #: MO 12-128    Version: 1 Name: Currency Exchange Renewals
Type: Motion Status: Passed
File created: 10/18/2012 In control: City Council
On agenda: 10/18/2012 Final action: 10/18/2012
Title: APPROVE RENEWAL OF CURRENCY EXCHANGE LICENSES
Sponsors: Jane M. Cross
Attachments: 1. Dept of Commerce Letter
ITEM:         10.4         CONSENT AGENDA - Jane Cross, City Clerk
 
Title
APPROVE RENEWAL OF CURRENCY EXCHANGE LICENSES
 
Background
 
Staff has received the attached correspondence from the Department of Commerce for renewal of the Currency Exchange Licenses for Al'$ Check Cashing and SJB Enterprises Inc., d/b/a Your Exchange.  
 
State statute requires the City to approve the renewal requests prior to the state issuing license renewals.  The Police Department has reviewed their files regarding these locations and has no concerns regarding the renewals.
 
 
Recommendation
 
By motion, approve the renewals of the currency exchange licenses for Al'$ Check Cashing, and SJB Enterprises Inc., dba Your Exchange.