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..• - - - - - -- - - - - - <br /> person by the licensee or an employee. <br /> (2) Electronic reporting Daily reports maintained in an electronic data format meeting <br /> Gpccificationa established by the chief of police and delivered in peraon by the lieenace or an <br /> employee on electronic data storage media approved by the chief of police. <br /> (a) Pawnbrokers must provide to the police department the information required in this Article <br /> for all reportable transactions. The pawnbroker must display a sign of sufficient size,and in a <br /> conspicuous place on the premises.so as to inform all patrons that transactions are reported to the <br /> police department on a daily basis. Pawnbrokers must submit every reportable transaction to the <br /> police department daily as follows: <br /> (1) Pawnbrokers must provide to the police department the information as required in the <br /> Article, for all reportable transactions,by transferring it from their computer to the police <br /> department via modem. All required records must be transmitted completely and accurately <br /> after the close of business each day in accordance with standards and procedures established <br /> by the police department. <br /> (2) If a pawnbroker who has consistently reported via modem is unable to successfully <br /> transfer the required reports by modem,the pawnbroker must provide the police department <br /> with printed copies of all reportable transactions for that day by 12:00 noon the next business <br /> day.in writing,on forms approved by the police department. <br /> (3) All records required by this Article shall be kept at the licensee's place of business for <br /> three (3)years and shall be available for inspection by the police chief at any reasonable time. <br /> (b) Every pawnbroker shall make available to the police department,by uploading reportable <br /> transactions from their electronic record system to the automated pawn system.using the most <br /> current version of the Minneapolis APS Interchange Files Specification.all of the records <br /> required by this Article for all reportable transactions which occurred that day.at the close of <br /> each business day. <br /> Section 11.That Section 38-349 of the City of Elk River Code of Ordinances,entitled-Examination <br /> of Identification of Persons Pawning or Selling Property,shall be amended to read as follows: <br /> No licensee shall purchase,accept,or receive any article of property from any person without first <br /> having examined the form of acceptable identification presented by the person. <br /> driver's license or valid photo identification card issued by the otatc of residency of the person. <br /> Section 12.That Section 38-351 of the City of Elk River Code of Ordinances,entitled-Holding <br /> Period,shall be amended to read as follows: <br /> Any item sold or pawned to a pawnbroker for which a report to the police is required shall not be <br /> sold or otherwise transferred for 39 60 days after the date of the sale or pawn.However,an <br /> individual may redeem an item pawned 72 hours after the item was received on deposit by the <br /> pawnbroker,excluding Sundays and legal holidays.During the 3.9 60-day holding period,licensees <br /> are prohibited from allowing redemption of any article of property by anyone other than: <br /> (1) The person to whom the receipt was issued; <br /> (2) Any person identified in a written and notarized authorization to redeem the article of <br /> property identified in the receipt; <br /> s:\document\ordinance\oa97-1.doc <br />