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0237 Regulations for Pawnbrokers 1982ORDINANCE NO. 237 AN ORDINANCE OF THE CITY OF CHUBBUCK, IDAHO, AMENDING ORDINANCE NO. 231 BY AMENDING SECTION 5.05.190 TO PROVIDE THAT ANY PAWNBROKER LICENSED UNDER THE PROVISIONS OF ORDINANCE NO. 231 SHALL MAINTAIN INSURANCE AGAINST FIRE, MALICIOUS MISCHIEF, VANDALISM, AND EXTENDED COVERAGE ON GOODS OR THINGS PAWNED OR PLEDGED, FOR THE BENEFIT OF PLEDGORS; AND PROVIDING WHEN THIS ORDINANCE SHALL BECOME EFFECTIVE BE IT ORDAINED BY THE MAYOR AND COUNCIL OF THE CITY OF CHUBBUCK, IDAHO: SECTION 1: Amendment. Section 1 of Ordinance No. 231 and Section 5.05.190 of the Chubbuck Municipal Code are amended to read as follows: 5.05.190 Safekeeping of Pledges. Every pawnbroker licensed under the provisions hereof shall provide a safe place for the keeping of all goods or things received and pawned, pledged or for re-sale and shall have sufficient insurance on ~he-~e~e~y-he~ ®~ such goods or things, for the benefit of pledgors, in case of destruction by fireL e~-e%he~-ha~. malicious mischief, vandalism, and with extended coverage. SECTION 2: Effective Date. This Ordinance shall become effective upon its passage, approval and publication as provided by law. PASSED BY THE COUNCIL AND APPROVED BY THE MAYOR of the City of Chubbuck, Idaho, this 26 day of 0¢t0ber , 1982. ATTEST: City Clerk