Submitted By
Ahmad Zayyad, Deputy Village Manager / Interim Director of Development Customer Services
Reviewed By
LKS, Deputy Village Manager
Agenda Item Title
Title
Resolutions Authorizing the Annual Renewal of Pawnbrokers Business Licenses
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Overview
Overview
Article 48 (“Pawnbrokers”) of Chapter 8 (“Business Licensing”) of Oak Park Village Code requires that the annual renewal of the business license for pawnbrokers be given at the direction of and approval of the Village President and Board of Trustees, upon authorization of the Police Chief.
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Recommendation
Recommendation
Adopt the Resolutions.
Background
Pursuant to Article 48, the Police Chief has been advised that the review and investigation of the applications for pawnbroker licenses have been completed and authorizes issuances of licenses to the following three applicants: 1.) Oak Park Pawn Shop, LLC, d/b/a A-1 American Jewelers & Loan (6151 North Avenue); 2.) Cash America, Inc. of Illinois, d/b/a Cash America Pawn #2397 (6303 North Avenue); and 3.) Irving Park Jewelry & Coin, Inc., d/b/a Hollywood Pawners (6147 North Avenue).
A copy of the Police Chief’s annual Pawn Shop Report Summary is attached. No enforcement action has been taken by the Police Department against any of the listed businesses thus far in 2023. There were a total of 42 calls for service at the three pawn shops in the first nine months of 2023 which was higher than the 17 calls for service in 2022. The calls for service number does fluctuate, year to year.
Fiscal Impact
The annual license fee for a pawnbroker business is $2,000.
DEI Impact
N/A
Alternatives
The Village Board could delay approval pending additional information requested.
Previous Board Action
The pawnbroker licenses are considered annually. The last approval by the Village Board was December 5, 2022.
Citizen Advisory Commission Action
N/A
Anticipated Future Actions/Commitments
N/A
Intergovernmental Cooperation Opportunities
N/A