File #: 22-0911R    Name:
Type: Resolution Status: Passed
File created: 11/2/2022 In control: Purchasing and Licensing
On agenda: 11/14/2022 Final action: 11/14/2022
Title: RESOLUTION APPROVING THE ISSUANCE OF A 2023 MINNESOTA CURRENCY EXCHANGE LICENSE TO THE TITLE LOAN COMPANY, INC.
Attachments: 1. Duluth-The Title Loan Company

Title

RESOLUTION APPROVING THE ISSUANCE OF A 2023 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 2023 currency exchange license by the Minnesota department of commerce to The Title Loan Company, Inc., 130 West 1st Street, Duluth, MN 55802.

 

 

Statement of Purpose

STATEMENT OF PURPOSE:  This resolution approves of the Minnesota department of commerce issuing a 2023 currency exchange license The Title Loan Company, Inc., 130 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