5.12.065 Limitation of preexisting pawnshop licenses.
A. Notwithstanding the provisions of LMC 5.12.060, the number of licensed pawnshops operating within the City who were operating within the City on February 28, 1996, shall be reduced on the occurrence of any one of the following conditions:
1. A currently licensed pawnshop relocates outside the City;
2. The pawnshop’s license is revoked pursuant to the provisions of this title;
3. A licensed pawnshop purchases the pawnshop operations of another licensed pawnshop within the City and does not continue operation of the purchased pawnshop business in the same location; or
4. A licensed pawnshop location is taken through condemnation, eminent domain, or other such proceedings by any governmental entity.
B. In the event of the destruction of the businesses of a licensed pawnshop operating within the City which was operating within the City on February 28, 1996, whether by fire, flood or other casualty, the licensed pawnshop operator shall have the ability to reconstruct his or her businesses at the same location or, if the existing location of the pawnshop is not zoned for pawnshop business uses, then to any other location in the City subject to compliance with all zoning and land use law or regulations in place at the time of the casualty. [Ord. 688 § 1, 2018; Ord. 217 § 1, 1999.]