[Audio] Pawn Shop Ordinance on Pause
A decision on the proposed pawn shop ordinance in Pine County will have to wait two more weeks. The County Board decided Tuesday at the board meeting to take a further look at the ordinance. Pawn shop owners from Hinckley and Banning Junction spoke out against the proposed ordinance. They said while they understand the security benefits, the costs remain to high.
Banning Junction Owner Alex Okun:
The proposal would implement a new state-wide run security system at shops in Pine County, but the shop owners are required to pay for the changes. The owners of the pawn shop in Hinckley say they have already spent close to $7,000 implementing the system. Owners also expressed concerns about 30 to 60 day holding periods, meaning any merchandise they buy from a seller can not be sold back to the public for that amount of time. Owners from Hinckley requested a seven day holding period. Sheriff’s officials recommend at least a two week holding period, because of the time it takes to process a theft claim.
County Commissioner Doug Carlson:
Senior Assistant County Attorney Steve Cundy talking about the need for implementing the ordinance:
The board did agree on several issues regarding the ordinance including allowing the shops to open on Saturdays and Sundays (previous draft banned pawn shops from opening on weekends), reducing transaction fees from two-dollars to one-dollar, and reducing the annual cost of using the system. The board will revisit the ordinance at their March 3rd meeting in Pine City.