HomeMy WebLinkAboutResolution 99-59~NOT READ~
RESOLUTION 99-$9
BEING A RESOLUTION OF THE COLUMBIA gEIGHTS CITY COUNCIL DENYING AN
APPLICATION FOR A CURRENCY EXCHANGE LICENSE
WF~-REAS, the President of Younge, Pot'm, Wiezer and Company, Inc. has submitted a license
application to the State of Minnesota to operate a currency exchange business at 4110 Central Avenue
NE in Columbia Heights; and,
Wt!EREAS, Chapter 53A.04 of Minnesota State Statute requires that currency exchange license
applications shall be submitted to the governing body of the local unit of government in which the
applicant is proposing to be located; and,
W!tF~REAS, a notice of the City's intention to consider the issue has been published in the May
6, 1999, edition of the Focus News; and,
WI~REAS, the City has 60 days from April 16, 1999, to take action on the request; and,
W!~REAS, the City Council has determined that a currency exchange is not the same as a
bank, savings and loan, or other financial institution, and is not a permitted, conditional, or accessory use
in the Central Business DisWict of the City; and,
Wi~REAS, the Columbia Heights Zoning Ordinance is in the process of being rewritten, and
the City Comprehensive Plan is in the process of being updated; and,
WItEREAS, a market analysis will be conducted as part of the Master Redevelopment Plan for
Downtown Columbia Heights which will provide the City with information on the market demand for
additional expanded land uses including currency and other financial services in Columbia Heights; and,
NOW, THlC. REFORE BE IT RESOLVED by the Columbia Heights City Council that the
application for a currency exchange license to operate at 4110 Centnl Avenue NE is hereby denied.
PASSED THIS DAY OF
Offered by:
Seconded by:
Roll Call:
Mayor Gary L. Peter-~n
Jo-Anne Student, Council Secretary