File #: 24-0884R    Name:
Type: Resolution Status: Agenda Ready
File created: 11/4/2024 In control: Purchasing and Licensing
On agenda: 11/25/2024 Final action:
Title: RESOLUTION APPROVING THE ISSUANCE OF A 2025 MINNESOTA CURRENCY EXCHANGE LICENSE TO THE TITLE LOAN COMPANY, INC.
Attachments: 1. Attachment A
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Title

RESOLUTION APPROVING THE ISSUANCE OF A 2025 MINNESOTA CURRENCY EXCHANGE LICENSE TO THE TITLE LOAN COMPANY, INC.

 

 

Body

CITY PROPOSAL:

RESOLVED, that the Duluth city council hereby approves of the issuance of a 2025 currency exchange license by the Minnesota department of commerce to The Title Loan Company, Inc., 30 West 1st Street, Duluth, MN 55802.

 

 

Statement of Purpose

STATEMENT OF PURPOSE:  This resolution approves of the Minnesota department of commerce issuing a 2025 currency exchange license The Title Loan Company, Inc., 30 West 1st Street, Duluth, MN 55802.

 

Pursuant to Minnesota Statutes §53A.04, the governing body of the city in which a currency business is going to operate must concur in the issuance of a currency exchange license by the commissioner of commerce