Title
RESOLUTION APPROVING THE ISSUANCE OF A 2019 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 2019 currency exchange license by the Minnesota department of commerce to The Title Loan Company, Inc., 22 North Second Avenue West.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution approves of the Minnesota department of commerce issuing a 2019 currency exchange license The Title Loan Company, Inc., 22 North Second Avenue West.
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.