A CHARTER ORDINANCE EXEMPTING THE CITY OF OLATHE, KANSAS FROM THE PROVISIONS OF K.S.A. 16-716 RELATING TO RECORD OF TRANSACTION FOR PAWNBROKER LOANS AND PURCHASING OF PRECIOUS METALS; PROVIDING SUBSTITUTE AND ADDITIONAL PROVISIONS ON THE SAME SUBJECT.

BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF OLATHE, KANSAS:

SECTION ONE: The City of Olathe, Kansas, a city of the first class, by the power invested in it by Article 12, Section 5, of the Constitution of the State of Kansas, hereby elects to exempt, and does exempt itself from the provisions of K.S.A. 16-716, which applies to said city, but not uniformly to all cities, and provides the following substitute and additional provisions on the same subject:

“Record of Transaction.

a. At the time of making a loan, a pawnbroker shall enter in a book or electronic storage system kept for that purpose:

(1) The date, duration, amount and charges of every loan made by the Pawnbroker;

(2) A full and accurate description of the property pledged;

(3) The pledgor’s full name (first, middle, and last), address (which shall include the street address and not merely a Post Office box number), sex, date of birth, and the identifying number from the pledgor’s driver’s license, military identification card, passport or personal identification license (the identifying number from an official governmental document for a country other than the United States may be used to meet this requirement), and a legible photocopy of the identification card or document containing such identifying number.

b. At the time of purchasing precious metal, a precious metal dealer shall enter in a book or electronic storage system kept for that purpose:

(1) The date of the purchase;

(2) A full and accurate description of each item purchased, including any identifying letters, numbers or marks on the item;

(3) The seller’s full name (first, middle, and last), address (which shall include the street address and not merely a Post Office box number), sex, date of birth, and the identifying number from the seller’s driver’s license, military identification card, passport or personal identification license (the identifying number from an official governmental document for a country other than the United States may be used to meet this requirement), and a legible photocopy of the identification card or document containing such identifying number.

c. The record required by this section shall be maintained by the pawnbroker or precious metal dealer at the pawnbroker’s or dealer’s place of business for not less than one year following the date of the transaction.”

SECTION TWO: This Charter Ordinance shall be published once each week for two consecutive weeks in the official City newspaper.

SECTION THREE: This is a Charter Ordinance and shall take effect sixty-one (61) days after final publication unless a sufficient petition for a referendum is filed and a referendum held on the ordinance as provided in Article 12, Section 5, subdivision (c) (3), of the Constitution of the State of Kansas, in which case the Charter Ordinance shall become effective if approved by a majority of the electors voting thereon.

PASSED AND APPROVED by the Governing Body, not less than two-third of the members elect voting in favor thereof, this 15th day of October, 2013.

SIGNED by the Mayor this 15th day of October, 2013.