HomeMy WebLinkAboutOrdinance 1965ORDINANCE NO. C1 IvS
AN ORDINANCE ADDING SECTION 5.34.025 TO THE
CENTRAL POINT MUNICIPAL CODE TO REQUIRE
PAWNBROKERS AND SECONDHAND DEALERS
TO RETAIN PROPERTY PRIOR TO RESALE
Recitals:
A. Requiring a retention period for pawned or secondhand goods will allow
for more effective monitoring of such goods.
B. Words lqned throughareto be deleted and words in bold are added to the
municipal code.
The people of the City of Central Point do ordain as follows:
Section 1. The following Section 5.34.025 is added to the Central Point Municipal
Code
5.34.025 Retention of Property Prior to Resale
All property for which records are required as provided in Section
5.34.020 shall be retained by the Pawnbroker or Secondhand Dealer
at least 7 full business days before disposal if the resale value of the
item is greater than $25.00. Items with a resale value of less than
$25.00 may be disposed of after five business days provided an
adequate item and personal description have been retained. The
Pawnbroker or Secondhand Dealer shall maintain the purchased
property in substantially the same form as purchased and shall not
co -mingle the property in a manner that precludes identification
during this five day or seven day holding period. The purchased
property shall be retained on the business premises during normal
business hours during this holding period so that it can be inspected
as provided in this chapter.
Passed b the Council and signed by me in authentication of its passage this
r day of 2012.
Mayor Hank Williams
ATT -ST:
CLc
ity Recorder