DISCLAIMER

 

07-0730R


RESOLUTION APPROVING THE RENEWAL OF A MINNESOTA CURRENCY EXCHANGE LICENSE TO MONEY XCHANGE.

BY COUNCILOR KRAUSE:

     RESOLVED, that the Duluth City Council hereby approves of the Minnesota department of commerce issuing a license to conduct the business of a currency exchange at 101 East Superior Street to Money Xchange.


STATEMENT OF PURPOSE: This resolution approves the issuance of a currency exchange license by the state. Pursuant to Minnesota Statute 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.