PUBLIC HEARING - Cathy Sorensen, City Clerk
Title
APPROVE RENEWAL OF CURRENCY EXCHANGE LICENSES FOR AL'$ CHECK CASHING, 1434 93RD LANE NE AND
SJB ENTERPRISES INC., DBA YOUR EXCHANGE, 10553 UNIVERSITY AVENUE NE
Background
Staff has received the attached correspondence and a copy of the license renewals from the Department of Commerce 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
Hold public hearing and after testimony by motion, approve the renewals of the currency exchange licenses for Al'$ Check Cashing, and SJB Enterprises Inc., dba Your Exchange.