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