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HomeMy WebLinkAbout1984-02-07; City Council; 6074; CMC 5.40.160(f) add - Revise secondhand dealers restrictionsd. c 1 2 3 4 5 6 7 a 9 10 11 12 13 14 15 16 1'7 18 19 20 21 22 23 24 25 26 27 28 ORDINANCE NO. m 6074 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA AMENDING TITLE 5, CHAPTER 5.40 OF !l'HE CARLSBAD MUNICIPAL CODE BY THE ADDITION OF SECTION 5.40.160(f) TO REVISE THE RESTRICTIONS ON SECONDHAND DEALERS. The City Council of the City of Carlsbad, California does ordain as follows: SECTION 1: That Title 5, Chapter 5.40 of the Carlsbad Municipal Code is amended by the addition of Section 5.40.160(f) read as follows: "(f) The retention holding and reporting requirements of this chapter shall not apply to transactions involving coins, monetized bullion or commercial grade ingots of gold, silver or other precious metals. "Commercial grade ingots" means -99 fine ingots of gold, silver or platinum, or .925 fine sterling silver art bars and medallions, provided that the ingots, art bars and medallions are marked by the refiner or fabricator as to their assay fineness . EFFECTIVE DATE: This ordinance shall be effective thirty days after its adoption, and the City Clerk shall certify to the adoption of this ordinance and cause it to be published at least once in the Carlsbad Journal within fifteen days after its adopt ion. INTRODUCED AND FIRST READ at a regular meeting of the Carlsbad City Council held on the 7th day of February I 1984, and thereafter /// /// /// /// /// /// a c . .* 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 PASSED AND ADOPTED at a regular meeting of said City Council held on the 21St day of February , 1984 by the following vote, to wit: AYES : Council mrs Casler, Lewis, Kulckin, Chick and Prescott NOES: None ABSENT: None ATTEST: (Seal ) 3