A city ordinance regarding pawn shops in Knox purchasing stolen merchandise was brought before the council this week. The ordinance, which would primarily affect First Choice Pawn, was tabled for further consideration after a discussion between the Council and the operators of First Choice Pawn, Hank Minix and Chris Firebaugh.
City Attorney Dave Matsey modeled the ordinance after Indianapolis and Bloomington, who currently have an ordinance regarding licensing for pawn shops. The ordinance would require pawn shops to hold an item for ten days before selling it to give law enforcement time to receive theft reports and intercept stolen merchandise before the pawn shop is able to sell it. The ordinance also prohibits pawn shops from selling merchandise to intoxicated persons and establishes a fee of $25 for pawn shops to operate with a license, and establishes a procedure to follow in the event of stolen property being purchased by the pawn shop.
