HomeMy WebLinkAboutOrd 3094 04/08/1981 RDINANCE NO. 3094
AN ORDINANCE ESTABLISHING LICENSING
REQUIREMENTS FOR GOLD AND SILVER MERCHANTS
WHEREAS, sharply increased values of gold and silver has
led many persons into the business of buying and s~lling
gold and silver; and
WHEREAS, there has been a rash of thefts of gold and
silver objects from residences within the Village of
Mount Prospect; and
WHEREAS, it is deemed advisable and in the public health,
safety and welfare to establish licensing requirements
and regulations for persons engaged in the business of
buying and selling gold and silver objects;
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD
OF TRUSTEES OF THE VILLAGE OF MOUNT.PROSPECT, COOK COUNTY,
ILLINOIS, as follows:
SECTION ONE: Chapter 11 of the Municipal Code of the
Village of Mount Prospect be, and the same is hereby,
amended by renumbering the present Articles XXXII and
XXXIII as, respectively, Articles XXXIII and XXXIV, and
adding thereto a new Article XXXII, which said new Article
shall hereafter be and read as follows:
ARTICLE XXXII
GOLD AND SILVER MERCHANTS
SECTION:
11.3201.
11.3202.
11.3203.
11.3204.
11.3205.
11.3206.
11.3207.
11.3208.
11.3209.
11.3210.
11.3211.
11.3212.
Application of Article
License Required
Application
Grant or Denial of License
Fee for License
Duration of License and Renewal
Records
Purchase from Minors Prohibited
Receipt of Stolen Goods Prohibited
Holding Period Required
Revocation of License
Penalties
.Sec. 11.3201. Application of Article. The provisions of this
Article shall apply to all persons, firms or
corporations which engage in the business of buying, selling,
trading or exchanging any gold or silver objects within the
Village of Mount Prospect.
Sec. 11.3202. License Required. It shall be unlawful for any
person, firm or corporation, including any person,
firm or corporation located on the premises of an otherwise licensed
business, to engage in the business of buying, selling, trading or
exchanging any gold or silver objects within the Village of Mount
Prospect without first obtaining a license therefor, provided,
however, that any person, firm or corporation which is otherwise
licensed to do business by the Village of Mount Prospect need not
obtain a separate license for the business of buying, selling,
trading, or exchanging goldor silver.
Sec. 11.3203. Application. An application for a license as
required by this Article shall be filed with the
Village clerk, shall be accompanied by a nonrefundable application
fee of $15.00 and shall contain the following information:
no
Eo
Name of the ~applicant;
Name, Village address and Village telephone number of the
business for which a license is requested;
Name, permanent address and permanent telephone number of
the business for which a license is requested;
If the merchant is an itinerant, the address and telephone
number of the next location where such merchant plans to
engage in the business of buying, selling, trading or exchanging
any gold or silver objects and the name under which such merchant
will be operating;
A statement indicating whether the business is a sole proprietor-
ship, partnership or corporation;
. -If the business is a sole proprietorship or partnership:
1. the name of the proprietor or the partners;
2. the address and telephone number of the proprietor
or each partner; -
3. a statement indicating whether the business is
registered in Illinois under the Assumed Name Act;
a statement indicating whether the proprietor or
any of the partners has been convicted of a felony
within five years prior to the date of the application
and if so, the details with regard to such conviction;
G. If the business is a corporation:
1. the year of incorporation;
2. the state of incorporation;
if not incorporated in Illinois, a statement indicating
whether the corporation is licensed to do business in
Illinois as a foreign corporation;
a statement indicating whether any of the officers or
directors of the corporation have been convicted of a
felony within five years prior to the date of the
application and if so, the details with regard to such
conviction;
If the applicant plans to do business within the Village of
Mount Prospect for less than ninety (90) days, a statement
indicating the dates applicant plans to conduct business in
the Village;
A statement indicating all the addresses and the names under
which the applicant conducted a business as a gold and silver
merchant at any time within one year prior to the date of
the application.
Sec. 11.3204. Grant or Denial of License. The Village Clerk shall
forward for review and investigation any completed
application filed under the provisions of this Article to the Village
Manager and Chief of Police within twenty four (24) hours after it is
filed. The Village Manager shall grant or deny such license within
five (5) days after it is filed. The Village Manager shall issue
such license to any applicant of good character and reputation. No
license shall be issued to any applicant if the sole proprietor,
any partner or any officer or director has been convicted of receiving
stolen goods, burglary, robbery, theft or any other felony in any
federal or state cQurt at any time within five years prior to the
date of the application.
3 -
Sec. 11~3205. Fee for License. Prior to the issuance of a
license under this Article, the applicant shall
pay the appropriate fee set forth below to the Village Clerk:
Daily Fee $50 up to a maximum of $158'
Annual Fee $150
Sec. 11.3206. Duration of License and Renewal. A license issued
under the provisions of this Article shall remain
in full force and effect from May 1 to April 30 of each year unless
earlier revoked or unless a shorter duration is specified on the
license. Annual licenses shall be renewable on or before April 30
~f each year. Licenses shall only be issued for the period within
which the applicant proposes to engage in the business of buying,
selling, trading or exchanging gold or silver objects within the
Village. A separate license shall be required for each period
within which & person, firm or corporation engages in the business
of buying, selling, trading or exchanging gold or silver objects
within the Village.
Sec. 11.3207. Records. Every person, firm or corporation engaged
in the business of buying, selling, trading or
exchanging gold or silver objects shall maintain a record containing
the following information for each and every gold or silver object
purchased, sold, traded or exchanged:
A. The date of the transaction;
B. The time of such transaction;
C. The name, address and telephone number of the person with whom
the gold or silver merchant transacted business;
A complete and detailed description, including, but not limited
to, the type of item, its brand name, the type of metal, a
description of any inscriptions and other identifying marks,
including identification numbers thereon, of the gold or silver
objects purchased, sold, traded or exchanged to or with the
merchant. Such record and any gold or silver objects in the
possession of the gold and silver merchant shall, at all
reasonable times, be available for inspection by the Village
of Mount Prospect police.
Such records of those merchants licensed for a period of less than
one year shall be delivered to the office of the Chief of Police
at the close of business on the date of expiration of such gold
or silver merchant's license. The requirements of this Section
may be satisfied by the maintenance of photo copies of receipts
for gold and silver objects purchased, sold, exchanged or traded,
provided that such' receipts contain the information required by
this Section.
- 4 -
Sec. 11.3208. Purchase from Minors Prohibited. No person, firm
or corporation, engaged in the business of buying,
selling, trading or exchanging gold or silver objects shall pur-
chase, trade or exchange any gold or silver object offered to the
merchant by a person who is less than eighteen (18) years of age
unless such a person is accompanied by his or her parent or guardian
who authorizes the transaction.
Sec. 11.3209. Receipt of Stolen Goods Prohibited. No person,
firm or corporation engaged in the business of
buying, selling, trading or exchanging gold or silver shall
knowingly accept or sell any gold or silver object which has
been stolen. Every person, firm or corporation licensed under
the provisions of this Article shall report to the Village of
.Mount Prospect police an3 gold or silver object received by or
which is offered to such licensee by another if such licensee
has reason to believe that such object was stolen or lost.
Sec. 11.3210. Holding Period Required. No gold or Silver merchant
shall sell, trade, exchange or melt down any gold or
silver object received within a forty-eight (48) hour period after
its receipt.
Sec. 11.3211. Revocation of License. Any license issued under the
provisions of this Article may be revoked in accord-
ance with the procedure set forth in Chapter 10, Article III of the
Municipal Code of the Village of Mount Prospect for any violation
of the provisions of this Article. Any license issued under the
provisions of this Article shall be automatically revoked if the
licensee ceases to operate at the address specified on the license.
Sec. 11.3212.
Penalties. The penalties for violation of any of
the provisions of this Article shall be
ECTION TWO: This Ordinance shall be in full force and effect
from and after its passage, approval and publication in the
harmer provided by law.
Passed this 8th. day of April , 1981.
Ayes: Floros~ Murauskis~ Richardson, Wattenberg
Nays: None
Absent: Fariey~ Miller
Approved this 8th day of April
, 1981.
i! lag~e President
~ttest:
Village Clerk