Number
040176
Version
SUBSTITUTE 2
Reference
Sponsor
ALD. DAVIS
Title
A substitute ordinance relating to required security features for currency exchanges, payday loan agencies and title loan agencies.
Sections
105-76 cr
Analysis
This ordinance provides that “convenient cash” businesses (currency exchanges, payday loan agencies and car title loan agencies) shall:
a. Limit advertising on windows and glass entrance and exit doors to allow a reasonable level of vision into the premises from outside.
b. Maintain a safe on the premises.
c. Provide lighting for the business's parking area during all hours of darkness when employes or customers are on the premises.
d. Install, maintain in proper working order and operate, during all hours the establishment is open for business, at least 2 security cameras which can produce retrievable images that can be provided to the police department within 12 hours of request.
e. Have customer entrance and exit doors that are made of glass or other transparent material.
f. Locate the customer service area (counter and registers) in such a manner that at the time of any business transaction, the employe and the customer are both visible from the sidewalk outside the establishment, provided such location can be accomplished without incurring additional cost that would not otherwise be ordinarily incurred.
g. Employ a fully operational system of alarms along the building perimeter, as well as panic alarms behind the customer service counter inside the establishment.
h. Have at least 2 representatives of the business on duty at all times within 15 minutes before and after the time the business opens, and within 15 minutes before and after the time the business closes.
i. Have all deliveries of cash to the business and pick-ups of cash from the establishment accomplished using an armored courier service whenever the amount of cash being transferred exceeds $5,000.
j. Mainta...
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