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CITY OF ELK RIVER <br /> <br />PAWNBROI4_ER LICENSE <br />APPLICATION INSTRUCTIONS <br /> <br />ATTCH. D <br /> <br />o <br /> <br />scheduled. <br /> <br />Investigation Fee: <br /> <br />$1,500 fee per individual -- Check <br />payable to City of Elk River <br /> <br />Part I. Complete in Duplicate (Please copy forms as needed) <br /> <br />· Attach all necessary information as requested on the form <br /> <br />Part II. Complete in Duplicate <br /> <br />· Must be completed by each individual who has five percent or more <br /> interest in the business or each general partner, if the applicant is a <br /> partnership <br />· Must also be completed by each officer, manager proprietor and other <br /> person in charge of the business <br /> <br />Release of Information Form <br /> <br />· Each individual required to complete Part II must sign five (5) release <br /> forms (5 original signatures) <br /> <br />Data Practices <br /> <br />· Each individual required to complete Part II must read and acknowledge <br /> an understanding of the Data Practices Statement <br /> <br />Statement of Planned Opening Investment (In Duplicate) <br /> <br />Minnesota Department of Revenue Tax ID Form <br /> <br />Upon receipt of the above information, the License Application Fee of <br />$12,000, and the Investigation Fee of $1,500 per individual, an Officer <br />will be assigned to conduct a pre-licensing investigation of your <br />application and the individuals involved. <br /> <br />When a satisfactory investigation has been completed, the following is <br />required: <br /> <br />License Fee: <br /> <br />$12,000 Annually -- Check <br />payable to the City of Elk River <br /> <br />· Fees are pro-rated semi-annually. License year is 1/1 through 12/31 <br /> <br />Upon receipt of the above, a public hearing before the City Council will be <br /> <br />· Council meetings are held the first (lst), third (3rd) and fourth (4th) <br /> Monday of each month. <br />· Public hearings require two (2) weeks advance legal notice <br /> <br />s:\adminXlicensin\pawnapin, doc <br /> <br /> <br />