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-- - -- - - - -- - -- - -- - (a) Pawnbrokers must provide to the police department the information required in this Article for all reportable transactions. The 12awnbroker must display a sign of sufficient size, and in a conspicuous place on the premises. so as to inform all patrons that transactions are reported to the police department on a daily basis. Pawnbrokers must submit every reportable transaction to the police department daily as follows: (1) Pawnbrokers must provide to the police department the information as required in the Article. for all reportable transactions, by transferring it from their computer to the police department via modem. All required records must be transmitted completely and accurately after the close of business each day in accordance with standards and procedures established by the police department. ,(2) If a pawnbroker who has consistently reported via modem is unable to successfully transfer the required reports by modem, the pawnbroker must provide the police department with printed copies of all reportable transactions for that day by 12:00 noon the next business day- in writing- on forms approved by the police department. All records required by this Article shall be kept at the licensee's place of business for three (3) years and shall be available for inspection by the police chief at any reasonable time. (b) Every awnbroker shall make available to the police department, by uploading reportable • transactions from their electronic record system to the automated pawn system- using the most current version of the Minneapolis APS Interchange Files Specification, all of the records required by this Article for all reportable transactions which occurred that day, at the close of each business day. Section 11. That Section 38 -349 of the City of Elk River Code of Ordinances, entitled - Examination of Identification of Persons Pawning or Selling Property, shall be amended to read as follows: No licensee shall purchase, accept, or receive any article of property from any person without first having examined the form of acceptable identification presented by the person. Section 12. That Section 38 -351 of the City of Elk River Code of Ordinances, entitled - Holding Period, shall be amended to read as follows: Any item sold or pawned to a pawnbroker for which a report to the police is required shall not be sold or otherwise transferred for 30 60 days after the date of the sale or pawn. However, an individual may redeem an item pawned 72 hours after the item was received on deposit by the pawnbroker, excluding Sundays and legal holidays. During the 30 60 -day holding period, licensees are prohibited from allowing redemption of any article of property by anyone other than: (1) The person to whom the receipt was issued; (2) Any person identified in a written and notarized authorization to redeem the article of property identified in the receipt; • s:\document\ordinance\oa97-l.doc