Title
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Resolution Approving and Authorizing the Annual Renewal of Pawnshop Business License
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Introduction
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Article 48 ("PawnBrokers") of Chapter 8 ("Business Licensing") requires the annual renewal of business licenses for pawnbrokers be given at the direction and approval of the Village President and Board of Trustees, upon authorization of the Police Chief.
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Recommended Action
Approve the Resolution.
Prior Board Action
The Board has taken the following prior action(s):
* On July 22, 2025, the Village Board approved and authorized the renewal of an omitted pawnshop license for 2025.
* On December 3, 2024, the Village Board approved and authorized the renewal of the Pawnshop business licenses for 2025.
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 the issuance of licenses to the Oak Park Pawn Shop, LLC dba A-1 American Jewelers & Loan (6151 North Avenue), Cash America Inc, of Illinois dba Cash America Pawn (6303 North Avenue), and Irving Park Jewelry & Coins, Inc dba Hollywood Pawners (6147 North Avenue)
A copy of the Police Chief's annual Pawn Shop Report Summary is attached. To date in 2025, there have been a total of 15 calls for service at our three local pawn shops. Out of those 15 calls for service, 9 were calls other than routine premise checks, or duplicate events. These 9 calls for service are outlined in the attached report. The number is lower than 42 calls for service reported in the first nine months of 2024. No enforcement action was taken by the police department or Village against any of the listed businesses.
Timing Considerations
There are no specific timing considerations associated with this item.
Budget Impact
The annual business license for a Pawnbroker is $2,060.
Staffing Impact
There is no staffing impact associated with this item. The item aligns with t...
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