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<br /> <br />Item tQ..1 <br /> <br />MEMORANDUM <br /> <br />TO: Mayor and City Council <br /> <br />FROM: Joan Schmidt, City Clerk <br /> <br />DATE: November 8, 2004 <br /> <br />SUBJECT: Acknowledge Wal-Mart Stores Currency Exchange License <br /> <br />Backfround <br />Wal-Mart Stores, Ine. has applied to the Minnesota Department of Commerce to renew its <br />currency exchange license to operate at 18185 Zane Street. Minnesota Statues requires the <br />governing body of a municipality to render a decision in regards to this type of license <br />whenever a licensee wishes to renew their license. <br /> <br />I contacted both Planning Supervisor McPherson and Police Chief Beahen in regards to this <br />license inquiring to any problems. Both were fine with this location having their license <br />renewed. <br /> <br />Action Requested <br />Council motion approving a Currency Exchange License Renewal for 2005 for Wal-Mart <br />Stores, Inc. operating at 18185 Zane Street. <br /> <br />S:\Council~oan\Currency Exchange\Wal-Mart.doc <br />